Print 8 comment(s) - last by abakshi.. on May 1 at 8:29 AM

$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.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

By Inkjammer on 4/28/2006 6:27:52 AM , Rating: 2
At least they'll be close to their technical support center. Heh!

But in all seriousness, it's just a matter of time before India becomes the next big tech center of the world (like China). China's growing massively on a technological front, and while India has been there... it's been relatively quiet in recent years.

RE: Well...
By vortmax on 4/28/2006 8:46:10 AM , Rating: 2
And guess "at who's expense?"....the US....

RE: Well...
By A5 on 4/28/2006 9:22:48 AM , Rating: 4
Except that ATi is a Canadian company.

RE: Well...
By tayhimself on 4/28/2006 9:39:42 AM , Rating: 2
They do have a strong presence in the US (Cali I believe) as well.

RE: Well...
By Spinne on 4/28/2006 5:15:08 PM , Rating: 2

Looks like ATi quality is going to plummet
By 5150Joker on 4/29/2006 6:58:44 PM , Rating: 2
I bet this new mobile hardware is going to suck much like India's phone support does.

By abakshi on 5/1/2006 8:29:37 AM , Rating: 2
What a useless comment. You're evidently quite ignorant of the engineering capabilities of Indian IT firms and thus employees. To say anything about that based on some perceived notion about tech support call centers just shows your complete ignroance.

That sucks
By xit2nowhere on 4/28/2006 6:30:29 PM , Rating: 2
It means they make the majority of their money off us customers.

"This is from the It's a science website." -- Rush Limbaugh

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki