New Delhi, Jun 26 (PTI) Swedish telecom gear maker Ericsson on Thursday said it has set up a dedicated Application-Specific Integrated Circuit (ASIC) development unit in Bengaluru, expanding its R&D presence in the country, and plans to add more than 150 positions. Ericsson India MD Nitin Bansal said expanding ASIC R&D in India will allow the firm to leverage the local technology competence in the country and enhance its capabilities in semiconductor design. Also Read | Nationwide Holiday in India on 7 July 2025 for Muharram? 7th July Public Holiday Not Yet Officially Declared, Check if Stock Markets, Banks, Schools and Colleges Remain Open or Closed. “This unit will also contribute towards strengthening the semiconductor ecosystem in the country. Ericsson expects to initially grow its R&D team in India by more than 150 positions,” he said. This expansion aligns with Ericsson’s strategy to advance its portfolio, particularly through its Ericsson Silicon platform, which is central to creating high-performing, energy-efficient products for mobile networks, the company said in a statement. Also Read | What Is the Last Date To File ITR for FY 2024-25 (AY 2025-26), July 31 or September 15? What Is the Deadline To Pay Final Tax Without Penalty? All You Need To Know As Income Tax Department Extends Due Date. Ericsson Silicon’s range of System on a Chip (SoC) is designed for mobile networks and integrated across the entire Ericsson Radio System, enabling service providers to fully leverage 5G and address both current and future needs. With R&D centres in Chennai, Bengaluru, and Gurugram, Ericsson’s India operations span across telecom domains, including Transport, Packet Core, OSS, BSS, Cloud, and advanced AI technologies. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)