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    NBCC Signs MoU with MoHUA for FY27; Focus on Project Delivery, Operational Efficiency

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    Axis Bank Becomes Apple Pay’s First Banking Partner In India

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Home Science & Innovation

Lam Research Corporation pledges $29 Million in software licences to accelerate India’s semiconductor workforce

By: Editorial Desk

by Editorial Desk
April 17, 2024
in Science & Innovation, Technology
Reading Time: 1 min read
Lam Research Corporation pledges $29 Million in software licences to accelerate India's semiconductor workforce

Lam Research Corporation pledges $29 Million in software licences to accelerate India's semiconductor workforce

Summarize with:

Bengaluru: Lam Research Corporation is boosting India’s semiconductor industry by donating about $29 million (Rs 241 crore) in software licenses to 2,800 students over the next two years. On Monday, Lam announced signing a tripartite memorandum of understanding (MoU) with India Semiconductor Mission (ISM) and the Indian Institute of Science (IISc) to help roll out Semiverse Solutions.

Semiverse Solutions is a program that includes virtual technology, processing and simulations. It’s a platform for learning and collaboration that cuts costs and reduces carbon footprint.

Under this agreement, ISM will aid in setting up infrastructure and covering operational expenses. IISc will train instructors at selected universities, and Lam will provide a team of employees to assist in the program’s expansion all over the nation.

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Summarize with:
Tags: India Semiconductor MissionIndian Institute of ScienceLam Research Corporationsemiconductor workforcesoftware licences to accelerate India's semiconductor workforce
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