1. SanDisk invests $200 million annually in India R&D, urges IT equipment expansion

SanDisk invests $200 million annually in India R&D, urges IT equipment expansion

Business

  • SanDisk allocates about $200 million each year to research & development in India, reflecting its commitment to innovation.
  • Company has invested nearly $2 billion in India over the last decade, focusing on product architecture & design.
  • India represents 25-30% of SanDisk's global engineering workforce with around 3,000 engineers.
  • Recent demand for memory due to AI growth has shifted pricing, benefiting suppliers like SanDisk.

Source: businessworld.in

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