HCLTech recognized as a Leader in Everest Group's Semiconductor Engineering Services PEAK Matrix® Assessment 2024

HCLTech, a leading global technology company, has been named a Leader in Everest Group's Semiconductor Engineering Services PEAK Matrix® Assessment 2024.

The recognition acknowledges HCLTech's two decades of experience in delivering spec-topart silicon solutions for semi-chip OEMs and hyperscalers, turnkey product solutions for semiequipment OEMs and advanced analytics that drive operational efficiency for fabs. The report also highlights HCLTech's continued investments in expanding silicon engineering capabilities, including IP development and co-innovation.

"HCLTech has reinforced its leadership position in semiconductor engineering with strategic investments in OSAT, lab infrastructure, IP and a robust partner ecosystem. The company strongly emphasizes on advancing its expertise in areas such as RISC-V, AI-enabled ASICs and SoCs, advanced nodes, IoT and generative AI," said Nishant Udupa, Practice Director at Everest Group. "Clients appreciate HCLTech for its domain expertise, ability to innovate ideas to engagements, flexibility in scaling resources and strong project management capabilities. These factors have contributed to HCLTech retaining its position as a Leader in Everest Group's Semiconductor Engineering Services PEAK Matrix® Assessment 2024."

"Working with HCLTech, our semiconductor customers gain access to a global engineering powerhouse with deep, diversified domain expertise and state-of-the-art technology-led solutions like GenAI-assisted chip design and validation flow, transforming the future of chip design. We deliver reliable silicon-to-cloud enabled hardware platforms with faster time-tomarket deployment of new-age and future-ready products. Through strategic partnerships with top IP/EDA and fab companies, we are co-developing custom AI silicon solutions for data centers and edge computing," said Hari Sadarahalli, Corporate Vice President and Global Head, Engineering and R&D Services, HCLTech.

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1558.50 as compared to the previous close of Rs. 1545.60. The total number of shares traded during the day was 121676 in over 6030 trades.

The stock hit an intraday high of Rs. 1561.55 and intraday low of 1531.40. The net turnover during the day was Rs. 189154531.00.

Source : Equity Bulls

Keywords

HCLTechnologies INE860A01027 Leader EverestGroup PEAKMatrixAssessment2024 SemiconductorEngineeringServices