Lam Research India signs MoU with IISC for semiconductor curriculum

Lam Research India signs MoU with IISC for semiconductor courses

Lam Research India said it has signed a Memorandum of Understanding (MoU) with the Centre for Nano Science and Engineering (CeNSE) at the Indian Institute of Science (IISc), Bengaluru.

This MoU is aimed at jointly developing a customised course offering for Indian universities to teach semiconductor fabrication technology using Lam Research’s Semiverse Solutions virtual fabrication software, SEMulator3D.

Since opening its first facility in India two decades ago, Lam continues to build on its role in the country’s semiconductor industry, most recently opening a state-of-the-art India Center for Engineering in Bengaluru dedicated to the creation of new technologies needed in a time of rising semiconductor manufacturing complexity.

The programme—scheduled to start in August 2023 with a cohort of 30 students—will focus on device integration, including physical design learning, process flow development, and virtual metrology. IISc and Lam Research will work on the framework Pilot Course syllabus with the first stage expected to be completed by December this year and the second stage by June 2024.

Cigniti Technologies reports 44% rise in net profit

Hyderabad-headquartered engineering services firm Cigniti Technologies reported a net profit of Rs 44.56 crore for the first quarter of FY24 recording year-on-year growth of 43.7%. The revenue during this period came in at Rs 439.53 crore which was a 16.3% rise.

The EBITDA margin for the first quarter was Rs 62.07 crore registering a YoY growth of 39.3%. During the quarter, revenue from the top five clients contributed approximately 23.12% of the revenue. The contribution from North America and Canada was 83.06% followed by UK and Europe at 9%.

"We have achieved a reasonable performance in Q1FY24 given the headwinds in the economy. We continue to observe the environment cautiously and work towards achieving sustainable growth in the coming quarters," said Cigniti CEO Srikanth Chakkilam.

GapMaps Expands Data Directory in India

Cloud-based mapping software GapMaps has expanded datasets in GapMaps Live in India to provide businesses with fresher insights and intelligence to strengthen location decision-making. GapMaps Live is a location intelligence platform that helps companies make decisions by integrating the latest socio-demographic, prosperity, customer, and competitor intel.

The expanded data directories in GapMaps Live across India ensure brands in fitness, fast food, café, convenience stores, and shopping centres can access more accurate insights to inform their store expansion strategies. GapMaps accesses mobile device or human movement data so brands can see where people spend their time and identify the relative population density between different locations.