The Hindu Business Line : Xilinx to invest in CG-CoreEL

Fabless semiconductor company Xilinx, through its Asia-focussed venture arm, has spotted one Indian company CG-CoreEL for investments and is scouting for more such investments in India.

"We are in the process of negotiating with the company on the quantum of funding and related terms and expect to announce the investments shortly," the Chairman of Xilinx, Mr Willem P. Roelandts, said.

Addressing newspersons here today, Mr Roelandts said that Asia Pacific has emerged as one of the fastest growing markets for Xilinx and now accounts for about 25 per cent of business.

Since the market requires designs that meet the region's requirements, Xilinx expects to expand their R&D in India, to serve the market. This could go up to 10 per cent of total R&D work .

Key Trends

The company late last year opened its own R&D centre in Hyderabad. Earlier, it had partnered with CMC Ltd. Referring to some key trends in the semiconductor industry, which is traditionally cyclical in nature, Mr Reolandts said: "If the growth during 1995-2005 was driven by the Internet, during 2005-2015, the growth would be driven by convergence or what some others would like to call triple play."

While Xilinx has expanded the range of 65 nanometre chips, by 2008, 45 nanometre technology would make significant inroads, where the Xilinx stated that it had distinct head start. With 45 nanometre technology, the same chip would be able to process twice the number of transactions and would come at almost half the price of 65 nanometre chips. The applications would be in a wide-ranging electronic, home entertainment devices and automotives, he said.

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