$50 million over the next five years, ATI is strongly focused on the mobile market

Foreign investments is a term often used by Wall Street investors, but for a growing number of IT companies, foreign investment has become a major factor in maintaining bottom line, reducing costs, and making shareholders happy.

The latest company to jump on the India bandwagon is ATI.  This week ATI announced that it would invest over $50 million into an R&D center in India over the next five years. Citing strong growth in mobile computing devices and the integration of computers into small packages such as cell phones, ATI says that the new R&D center will focus on developing graphics solutions for the global mobile industry. ATI says that outside of its R&D center in Canada, the new location in India will be its second largest.

"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke

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