Chennai: Qualcomm on March 22 signed a memorandum of understanding (MoU) for a strategic collaboration with T-Hub, a startup engine.
Qualcomm will utilise this association to expand its Innovation Lab’s ecosystem in the country by providing access to design, development, and testing facilities in Hyderabad, while T-Hub will provide mentorship and logistics support.
Commenting on the association, Jim Cathey, senior Vice-President and President, Asia Pacific and India, Qualcomm International, Inc said, “We stand committed to enabling the partner ecosystem in India in new areas of technology. Our collaboration with T-Hub will help us scale rapidly, utilising their infrastructure and resources and bring path-breaking innovations to India.”
The announcement comes as a follow-up to Qualcomm’s commitment to invest $8.5 million as part of their Design in India programme announced in January 2017.
Jay Krishnan, CEO, T-Hub, said, “Given the highly competitive business environment in the country, innovation is a key differentiating factor for startups. We are extremely pleased to work with Qualcomm, a global leader in innovation, to support the expansion of their initiatives in India. The startups enlisted for this collaborative programme offer creative solutions for helping India advance on a technological front in critical sectors like rural development, healthcare and digital payments. We are privileged to house them and provide the best mentorship opportunities to translate their ideas into reality.”
Source: Times of India
