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Wipro Selected by NEC Electronics for Semiconductor Design Services
IT Major establishes dedicated engineering development center for NEC Electronics
Bangalore, India, February 13, 2008
Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT), today announced
that it has been selected by NEC Electronics to provide semiconductor design services. Headquartered
in Kawasaki Japan, NEC Electronics, one of the world's largest manufacturers of system-on-chip (SoC),
microcontroller, and discrete semiconductor solutions.
The development center was inaugurated by President and CEO of NEC Electronics, Toshio Nakajima at
Wipro's Electronics City facility in Bangalore. The development centre will provide front-end and
back-end design services and IP to NEC Electronics for Application Specific Integrated Circuits
(ASICs) and microcontrollers in the Digital Consumer and Automotive areas. Wipro will also work on
various designs ranging from 150nm, 130nm up to 55nm.
"We are very excited to work with Wipro, a recognized leader in semiconductor design support
services," said Toshio Nakajima, President and CEO, NEC Electronics. "Wipro thoroughly understands
the requirements of global electronics industry, and has an excellent track record of delivering
quality and winning solutions."
Sudip Nandy, President, Telecom and Product Engineering solutions, Wipro Technologies said, "We are
delighted to be selected by NEC Electronics. As one of the largest semiconductor firms in the world,
NEC Electronics has an exceptional understanding of the needs of the market. Wipro will leverage
its vast VLSI experience, coupled with our in-house Design methodology - EagleWision, to deliver
first time right designs to NEC Electronics."
As the world's largest independent 3rd party VLSI design Services provider, Wipro's team of more
than two thousand engineers helps clients across Americas, Europe and Asia develop next generation
electronic products for clients in the automotive, avionics, computing, Consumer, medical,|
industrial and telecom industries.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the
first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro
Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite
development centers. Wipro is one of the largest product engineering and support service providers
worldwide. Wipro provides comprehensive research and development services, IT solutions and
services, including systems integration, information systems outsourcing, package implementation,
software application development, and maintenance services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate
segment in India, offering system integration, network integration, software solutions and IT
services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting.
In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global
corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are
listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our websites at
www.wipro.com
www.wiprocorporate.com
Media Contact
Wipro Technologies
India
Radhika Mahadevan
Wipro Technologies
+91 99450 42606
radhika.mahadevan@wipro.com
Sonali Madbhavi
Gutenberg Communications
+91 98440 42850
sonali@gutenberpr.com
US
Abhishek Mendiratta
Wipro Technologies
+ 1 732 789 8646
abhishek.mendiratta@wipro.com
Lavanya DJ
Gutenberg Communications
+ (212).239.8740
lavanya@gutenbergpr.com
UK
Rahul Kadavakolu
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutneberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements,
which involve a number of risks, and uncertainties that could cause actual results to differ materially from
those in such forward-looking statements.| The risks and uncertainties relating to these statements include,
but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits,
our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost
advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and
cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration,
our ability to manage our international operations, reduced demand for technology in our key focusareas,
disruptions in telecommunication networks, our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the success of the companies in which we make
strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual
property, and general economic conditions affecting our business and industry.| Additional risks that could
affect our future operating results are more fully described in our filings with the United StatesSecurities
and Exchange Commission.| These filings are available at
www.sec.gov
.| We may, from time to time, make additional written and oral forward-looking statements, including statements
contained in the company~Rs filings with the Securities and Exchange Commission and our reports toshareholders.
We do not undertake to update any forward-looking statement that may be made from time to time byus or on our
behalf.
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