semiconductor: L&T ventures into fabless semiconductor chip design, to invest Rs 830 crore
Infrastructure giant L&T is making a significant move into the semiconductor industry. Their board has granted approval for the establishment of a wholly owned subsidiary focused on the business of fabless semiconductor chip design and product ownership. This strategic decision marks L&Ts entry into a new and dynamic sector, highlighting their commitment to diversification and innovation.
Rupees Eight Hundred Thirty Crore Semiconductor Space Board Approval Wholly Owned Subsidiary Fabless Semiconductor Chip
Source: indiatimes.com