Ericsson announced on June 26 that it is establishing a new unit dedicated to Application-Specific Integrated Circuit (ASIC) design in Bengaluru, India. This strategic move aims to bolster the company's research and development capabilities for 5G innovation.
The company plans to add more than 150 new positions to its R&D team in Bengaluru as part of this initiative. This expansion underscores Ericsson's commitment to investing in advanced technology development in key global markets.
The new ASIC design unit will play a crucial role in developing specialized hardware components for Ericsson's 5G solutions. This investment is expected to accelerate product innovation and enhance the performance and energy efficiency of its network equipment.
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