• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Bangalore, April 5

Tokyo-based Elpida Memory Inc has entered into a joint venture with Singapore-based Future Techno Designs (FTD) to set up a design centre in the city. The new entity, Edison Semiconductor, will be wholly owned by FTD but will deliver chip designs, catering to Elpida's requirements for the global DRAM market. Dynamic Random Access Memory (DRAM) chips are used in servers, mobile phones, digital cameras and PCs. The global DRAM market is $30 billion and is growing at 30-40 per cent. The focus of R&D is on low-power commodity DRAM chip design for use in PC motherboards, said Mr N. Ramakrishnan, President, FTD India. FTD will invest $25 million over a three-year period, and will grow from a 10- member team to 170 by then, said Mr P. Bala, Chief Executive Officer, FTD Technology Pte, Singapore. FTD's revenues for the year 2005 was Singapore $18 million.

More Stories on : Alliances & Joint Ventures | Hardware

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Novatium to offer NetTV

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line