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Technology Stocks : InvenSense (INVN)
INVN 20.67-2.5%Nov 4 4:00 PM EST

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From: GPS Info10/1/2013 8:22:30 PM
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InvenSense Expands Global Engineering Presence With Korean Design Center
by Business Wire via The Motley Fool - Oct 1st 2013 6:39PM
Updated Oct 1st 2013 6:40PM

New Korean Office to Leverage Regional Asia Pacific Engineering Talent and Allow for Tighter Customer Collaboration

SAN JOSE, Calif.--InvenSense, Inc., the leading provider of MotionTracking™system on chip devices, announced the opening of a new design center in Seoul, Korea. The design center strengthens InvenSense's presence with a global expansion of its development team and is a direct extension of the software engineering team based in San Jose, California. InvenSense selected the Korean locale based on its close proximity to several of the world's leading Original Design Manufacturers (ODM), wealth of engineering talent, and its ability to facilitate closer customer collaboration and partnership.

"Korea is an important strategic hub for the Asia Pacific region and among the most vibrant and highest growth areas for the mobile and semiconductor industries in the world," said Behrooz Abdi, CEO and President, InvenSense, Inc. "The expansion of our presence in Korea demonstrates InvenSense's deepened commitment to the Asia Pacific region and being strategically located near some of Asia's largest ODMs will enable us to jointly innovate next-generation solutions."

The design center is currently staffed with a team of engineers with extensive experience in developing MEMS system on chip (SoC) software and solutions.

dailyfinance.com
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