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QUALCOMM
Incorporated announced on 4 October 2006, the establishment of a
QUALCOMM Chair at the Indian Institute of Technology (IIT), Madras.
This is the first academic donation by QUALCOMM in India and is
endowed by a grant of USD$175,000.00.
Announced
at the IIT Madras annual technology festival "Shaastra 2006,"
the grant will fund a QUALCOMM Chair in the electrical engineering
department. The funding will bring reputed experts in wireless technology
from all over the world to the Institute and provide engineering
students at IIT Madras an opportunity to learn and contribute to
wireless innovations.
"India
is one of the fastest growing wireless markets worldwide and QUALCOMM
is focused on contributing to and fostering this growth," said
Kanwalinder Singh, president QUALCOMM India and SAARC. "Through
our existing design centers in Hyderabad and Bangalore, and now with
the QUALCOMM Chair, we have continued to increase our R&D presence
in India. The establishment of the QUALCOMM Chair is another step
toward our commitment to building high-quality talent in the country,
which in turn, will encourage and sustain innovation in the Indian
telecom industry."
Mr.
Singh added, "Since we are a fabless company and do not have
an in-house manufacturing facility for our chips, our investments
in India are in the form of R&D, education and training. We
will continue to be involved in initiatives that lead to innovation
in the wireless industry. We are glad to associate with IIT Madras,
which is the epicenter for innovation in India."
"This
initiative illustrates the strengthening academia-industry relationship.
We are pleased to associate with QUALCOMM, innovator and developer
of wireless technologies, and work together to create the wireless
experts of tomorrow who will be instrumental in crafting leading
wireless technologies for developing markets," said Professor
S Narayanan, dean, Academic Research, IIT Madras.
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