Semiconductors and telecom major Qualcomm will invest $400 million to set up its largest facility outside its headquarters at San Diego, CA., at Hyderabad in India's southern state of Telangana. Phase-1 of the project will include a built-up space of 1.7 million square feet to house 10,000 employees. Qualcomm already...
OCTANe: SoCal Leads in Job Creation and Med Tech Jobs
According to U.S. Dept. of Commerce data compiled by OCTANe, an Aliso Viejo CA-based organization, Southern California in recent years provided the highest level of job growth in the medical device sector. Bill Carpou, OCTANe’s president and CEO, presented the statistics during his welcome address at the Medical Technology Innovation Forum. Los Angeles,...
India Best Country for Wall Street Says Forbes
New York-based Wisdom Tree, that pioneered the concept of fundamentally weighted Exchange Traded Funds (ETFs) and active ETFs, says that its India Earnings (EPI) Fund is up 12.8% year-to-date and is ahead of China, Indonesia, Thailand, Vietnam, South Korea and Japan. Gaurav Sinha, strategist for Wisdom Tree said, "If you look...
India Seeks 22 Armed Drones from U.S.
Within days of having entered the Missile Technology Control Regime backed by President Obama, New Delhi has expressed interest in buying Predator drones from San Diego, California-based General Atomics through the Foreign Military Sales program. Defense News reports that according to an official of the Indian Ministry of Defense, a Letter of...
Qualcomm Will Invest $150 million in India startups
San Diego-based Qualcomm is planning to invest $150M in startups in India. This investment will be directed by Qualcomm Ventures. The company said that this move is part of supporting Prime Minister Modi's vision "to transform India into a digitally empowered society and knowledge economy." Qualcomm already has investments in...
GroundMetrics receives India Investment
According to Business Wire, GroundMetrics Inc (a company based in San Diego which offers a new class of electromagnetic sensing technologies) raised its second round of financing. It was led by the Tech Coast Angels but Southern California syndicates such as Rady Venture Fund, La Costa Investment Group and Rancho...