<span style="color: #222222;">Texas Instruments (TI), a US company, engaged in the design and development of semiconductors and software will set up a hi-tech, cutting edge research lab at National Institute of Technology (NIT) in Trichy, Tamilnadu.<br />''<br />''The MoU in this regard was inked recently, in the presence of Director, NIT Trichy, Dr Mini Shaji Thomas and India University Programme Director, Sanjay Srivastav.<br />''<br />''It envisages joint R&D projects over a period of three years for the development of new technologies in various engineering domains.<br />''<br />''As a part of the MoU, TI will deliver products and EVMs worth USD 25,000. </span><br />