Texas Instruments sets up Indian unit

Micro-chip giant Texas Instruments will announce later on Wednesday it plans to expand its research and development presence in India.

Micro-chip giant Texas Instruments will announce later on Wednesday it plans to expand its research and development presence in India by opening a new facility in Chennai, a source close to the development said.

HT Image

The firm has an existing facility in Bangalore, India's tech capital. The Dallas-based company makes chips for everything from flat-panel TVs to calculators, and is the world's leading producer of those used in cell-phones.

India is the fastest growing cellular market in the world.