On April 24th, Savi Soin, President of Qualcomm India, revealed in an interview with CNBC that Qualcomm has started designing chips in India with the aim of fully utilizing India's vast engineering talent pool. This measure marks Qualcomm's commitment to expanding its business presence in India and further deepening its research and development activities in the region.

Behind Qualcomm's strategic decision is its newly established design center in Chennai, India, dedicated to wireless technology research and development. It is reported that the establishment of this design center will involve an investment of up to 1.77 billion rupees (approximately RMB 154 million). This not only reflects Qualcomm's emphasis on the Indian market, but also strongly supports the Indian government's vision of "Made in India" and "Designed in India".

The Indian government has approved the construction projects of three semiconductor factories located in the states of Gujarat and Assam, with a total investment of over 15 billion US dollars, demonstrating India's ambition in the global semiconductor industry. Ashwini Vaishnaw, Minister of Electronics and Information Technology, Railways and Communications, stated that the Indian government's goal is to become one of the top five semiconductor manufacturers globally within the next five years.

In order to enhance domestic manufacturing and export capabilities, the Indian government has also announced incentive measures worth billions of dollars linked to production, aimed at attracting more investment in key areas and cutting-edge technologies. The purpose of these measures is to make India an indispensable part of the global industrial chain.

Savi Soin's remarks not only demonstrate Qualcomm's leading position in global chip design and manufacturing, but also highlight India's increasingly important role in the global high-tech industry chain. As India continues to enhance its competitiveness in the semiconductor industry, it will undoubtedly attract more global technology giants to invest and build factories in India in the future, jointly promoting the development of the global semiconductor industry.

Faust Technology focuses on four major fields: new energy vehicles, electric new energy, household appliances, and touch displays, mainly supplying power semiconductor components such as IGBT, IPM modules, microcontrollers, and driver chips.