Qualcomm is planning to build an Integrated Circuit (IC) Design and Engineering R&D center in Singapore. Qualcomm also will manage certain strategic business planning and development, sourcing, procurement and distribution, as well as other marketing and administrative functions, from Singapore for Qualcomm CDMA Technologies, the company's chipset division.
Qualcomm has operated a chipset distribution center in Singapore since 2000. The company has also operated a test development in Singapore since 2008.
"Electronics is one of the largest industries in Singapore. We are excited that Qualcomm, the world's largest fabless semiconductor company, is setting up an IC Design & Engineering R&D Centre in Singapore, further establishing Singapore as an international hub for its chipset business. This is a significant addition to our electronics semiconductor ecosystem. It affirms Singapore as the choice location in Asia for companies to drive global operational efficiency and conduct R&D," said Mr. Teo Ser Luck, Minister of State for Trade and Industry.
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