Indiaâs Big Push For Small Chips: Union Government Invites Companies To Submit EoI By Jan 21 For Setting up Semiconductor Fabrication (FAB) Plants In India
Prime Minister Narendra Modi and Minister Ravi Shankar Prasad.
In a move aimed at incentivising and attracting investment for setting up of chip manufacturing in India, the Union Ministry of Electronics and Information Technology (MeitY) today issued an notice inviting Expression of Interest (EoI) for setting up / expansion of existing Semiconductor wafer / device fabrication (FAB) facilities in India or acquisition of Semiconductor FABs outside India.
The last date for submission of EoI proposal is Jan 31, 2021.
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HAYWARD, Calif., Dec. 16, 2020 /PRNewswire/ Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that it has entered into a definitive agreement to acquire Ham-Let (Israel-Canada) Ltd. ( Ham-Let ), a public company listed on the Tel Aviv stock exchange, for approximately $348 million, which includes $287 million of equity value plus $61 million of net debt. Ham-Let is a global leader in the development, manufacturing and distribution of Ultra-High Purity and industrial flow control systems – valves, fittings, hoses and connectors largely used for the manufacturing of today s most complex semiconductor devices. Today s acquisition is another meaningful step in the execution of our long-term strategy to grow and diversify our business by adding complementary, high value, high margin product offerings to our growing portfolio of capabilities, said Jim Scholhamer, CEO. Upon completion of this acquisition, UCT will be able to offer