Qualcomm, a chipmaker headquartered in the US, is making bold moves in the Indian market. The company intends to unveil a new chipset that will facilitate the release of an affordable 5G smartphone, priced below $99, by the end of this calendar year, said the report.
The facility in Chennai, which will focus on research in areas that complement wi-fi technologies, is expected to generate jobs for up to 1,600 professionals