Chipmaker Polymatech plans ₹1,500 crore IPO by year-end
The Chennai-based firm also seeks to raise debt to fund a $5 billion expansion plan to establish itself as an end-to-end semiconductor manufacturing entity.
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The Chennai-based firm also seeks to raise debt to fund a $5 billion expansion plan to establish itself as an end-to-end semiconductor manufacturing entity.
MeiTY Secretary happy with response to PLI 2.0 scheme for semiconductor making, 58 registrations received.
The ecosystem for semiconductor chips in India is for the "very brave", Foxconn Chairman Young Liu said on Friday as he expressed optimism about the country's semiconductor roadmap during the second edition of SemiconIndia in Gandhinagar. Earlier this month, Taiwan-based Foxconn, which also supplies for smartphone giant Apple, withdrew from a USD 19.5 billion semiconductor joint venture with Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars.
Foxconn: Addressing SemiconIndia on Friday, Liu said "The ecosystem for chips in India is for the very brave. Every experience only positions companies stronger going forward."
The ecosystem for semiconductor chips in India is for the "very brave", Foxconn Chairman Young Liu said on Friday as he expressed optimism about the country's semiconductor roadmap.