Zoom to set up a new R&D centre in Singapore, hire hundreds | Tech News

Zoom to set up a new R&D centre in Singapore, hire hundreds

Zoom is working on expanding its presence in Singapore with a new R&D centre and will also be hiring hundreds of engineering staff. 

By:REUTERS
| Updated on: Aug 21 2022, 13:32 IST
Zoom has seen a surge in users of its video conferencing service this year, with millions of workers and students using its video platform as they work and study from home due to the coronavirus-led lockdowns.
Zoom has seen a surge in users of its video conferencing service this year, with millions of workers and students using its video platform as they work and study from home due to the coronavirus-led lockdowns. (REUTERS)

Zoom Video Communications Inc, the video-conferencing services provider, said on Wednesday it would expand its presence in Singapore by opening a research and development centre, where it will hire hundreds of engineering staff.

Zoom said in a statement that is also doubling its data centre capacity in the country. The San Jose, California-based company opened the Singapore data centre, its first in Southeast Asia, in August.

You may be interested in

MobilesTablets Laptops
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
28% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

The company has seen a surge in users of its video conferencing service this year, with millions of workers and students using its video platform as they work and study from home due to the coronavirus-led lockdowns.

Also read
Looking for a smartphone? To check mobile finder click here.

"We plan to immediately hire employees, leveraging Singapore's highly educated engineering talent pool. Our new R&D center and data center will play a critical role in Zoom's continued international growth," said Velchamy Sankarlingam, president of product and engineering for Zoom.

Also Read: Zoom's margins dented by booming free user base, cloud costs

Armed with lucrative grants and incentives, Singapore in recent years has been ramping up its efforts to lure tech firms and investors, including global players such as Facebook, Alphabet's Google, and Chinese tech giants Tencent and Alibaba.

Last month, Singapore announced a new work visa for foreign executives of technology firms, a sector the low-tax global business hub hopes will power future economic growth.

Zoom has previously said its hiring plans for Singapore would include engineers and sales staff.

While the share price has climbed sharply in 2020, Zoom warned last month that its margins would remain under pressure going into 2021 as its high number of free users makes it hard to offset a spike in costs to maintain its growth.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 16 Dec, 10:53 IST
Tags:
NEXT ARTICLE BEGINS