September 24, 2004 – Cypress Semiconductor Corp. has announced a $2 million plan to expand its year-old semiconductor design center in Hyderabad, India. The center, which has primarily designed network search engines (NSEs) over the past year, will broaden its focus to include next-generation NSEs, 90nm scale logic devices, and systems engineering capabilities.

Cypress’ expansion plans involve the addition of a silicon validation lab, equipment, and engineering talent to support these new functions.

Cypress currently operates 15 design centers across the US, Ireland, Turkey and India. The facility in Hyderabad is Cypress’s second in India, located about 400 miles northeast of its 175-employee Bangalore design center, which specializes in USB chips, SRAMs, framers and clocks. Cypress plans to add 33 engineers to its 17-person Hyderabad team by the end of 2005.