Electronics Production |
Cypress to close design centre in Dresden, Germany
The American chip manufacturer Cypress Semiconductor is to close down its design centre in Dresden by the end of the year.
The chip manufacturer Cypress Semiconductor is to close down its design centre in Dresden on December 31, 2008, a report in the local German newspaper 'Sächsische Zeitung' states. All employees have already been notified, a statement from the company's German headquarter - cited in the report - said. All development and research work will be transferred to India. Cypress already operated two chip design centres in India - in Bangalore and Hyderabat.
