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Applied Materials to invest $5 billion in India over decade

Applied Materials said it will invest $5 billion in India over the next decade to expand its presence, according to remarks at SEMICON India.

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Applied Materials said on Thursday at SEMICON India that it will invest $5 billion in India over the next decade to expand its presence in the country. The US semiconductor equipment maker made the announcement at SEMICON India, the country’s flagship chip conference.