Bengaluru, Sept. 9 -- Tokyo Electron, the world's fourth-largest semiconductor equipment manufacturer, has announced the establishment of a new development hub in Bengaluru, a move set to give a significant boost to India's semiconductor ambitions and strengthen Karnataka's position as a key player in the global chip ecosystem.

This was announced by Karnataka IT Minister Priyank Kharge on social media.

The new hub in Bengaluru will focus on multiple strategic areas, including software development, equipment design, and simulation. In addition, the centre will engage in collaborative research with local universities, fostering stronger ties between industry and academia. This partnership aims to accelerate innovation, enhance technical exp...