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As IC design houses worldwide increasingly eye RISC-V as a viable alternative to ARM and x86, India hopes to capitalize on the opportunity as the country builds a self-reliant semiconductor ecosystem.
The Indian semiconductor industry is developing well, fueled by government initiatives, current geopolitical concerns, and rising private sector interests. These developments have helped retain talent within the country, allowing professionals to work on significant projects without having to go abroad. The central and state governments have launched numerous initiatives to bring talent into the fabless semiconductor space.
Vanchip Technology, a fabless chipmaker with target markets including smartphones, tablets, and wearables, is allegedly paying US$4 million for a contract violation involving the termination of its production capacity guarantee agreement with pure-play foundry United Microelectronics (UMC).
Netherlands-based NXP is looking to support a rapidly developing electronics manufacturing ecosystem in India by encouraging semiconductor manufacturers to invest in the nation.
On March 27, US President Joe Biden signed a presidential determination (PD) authorizing the use of Defense Production Act (DPA) to support the PCB and Advanced Packaging industry in the United States