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Tata Group, India's largest conglomerate, has applied to the Union Ministry of Electronics & Information Technology(MeiTY) to set up a semiconductor wafer fabrication facility under the India Semiconductor Mission(ISM)
Read the rationale behind the winners of the best Asia deals for the FinanceAsia Achievement Awards 2023.
In a time where we're seeing more and more investments being made to secure technological sovereignty concerning semiconductors – both in terms of innovation and manufacturing – China is making a push strategically fortify itself.
Asked about the Dutch government's move, Chinese foreign ministry spokesman Wang Wenbin on Tuesday urged the Netherlands "to be impartial, respect market principles and the law, take practical actions to protect the common interests of both countries and their companies and maintain the stability of international supply chains".
ASML, the Dutch manufacturer of hi-tech microchip machinery, has halted machine exports to China.