Punjab Government Approves Funding for Chip Design at Eight Universities - Press Release issued by University of Engineering and Technology.

Lahore -- June 16, 2021 (PPI-OT)

Following is the text of press release issued by University of Engineering and Technology (UET)

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UET Lahore leads the development of micro and Nano-electronics chip design technologies at various universities of the Punjab. The provincial government approves Rs 41.75 Million for establishing chip design centers at eight universities. Integrated Circuits (ICs), commonly known as chips, have radically altered the industry and nanotechnology has greatly contributed to major advances in computing and electronics, leading to faster, smaller, and more portable systems that can process, manage, and store larger and larger amounts of information. Chip design technology is one of the most important and significant technologies globally in the electronics industry today. With the COVID-19 crisis disrupting supply chains and geopolitical tensions increasing, semiconductor companies have become more interested in achieving end-to-end design...