Announcement
Chipsolve Technologies, a semiconductor engineering company headquartered in Hyderabad, Telangana, issued a press release on 1 July 2026 stating that Balaji Kanigicherla will assume the role of Chairman of the Board effective 1 July 2026.
Strategic Rationale
The board appointment is positioned to reinforce Chipsolve’s ongoing expansion into semiconductor design services, intellectual‑property (IP) development, and AI‑enabled engineering workflows that support next‑generation system‑on‑chip (SoC) programs.
Background of Chairman
Balaji Kanigicherla brings more than thirty years of semiconductor leadership experience across architecture, product development, engineering and business management, having overseen businesses with approximately $1 billion in profit‑and‑loss responsibility. His most recent role was Chief Technology Officer and Head of Engineering at Renesas Electronics. Earlier, he served as Corporate Vice President and General Manager at Intel Corporation and was the Founder and Chief Executive Officer of INEDA Systems. He holds seventeen U.S. patents covering IP, SoC and system architectures.
Comments from Management
Suresh Veluru, Founder and Chief Executive Officer of Chipsolve Technologies, said the appointment is an important step as the company scales from a trusted design‑services partner into a broader semiconductor engineering firm with IP‑led offerings. He added that Kanigicherla’s experience in building products, teams and customer partnerships will help accelerate work in ASIC/SoC design, semiconductor IP and AI‑enabled engineering workflows, creating long‑term value for customers, employees and partners.
Role and Responsibilities
As Chairman, Kanigicherla will advise Chipsolve on growth strategy, corporate governance, global partnerships, IP‑led offerings and the deployment of AI to improve semiconductor engineering productivity from architecture through verification and implementation.
Distribution
The release was distributed by Business Wire India under an arrangement with the company.