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Apart from the three proposals that were approved by the Union Cabinet on February 29, Chandrasekhar also said that the government is examining a $11 billion proposal from Israel's Tower Semiconductor, whose plans include building a fab that can churn 80,000 wafers per month
Get latest articles and stories on Latest News at LatestLY. The announcements of the upcoming chip manufacturing units is a testament to India becoming a significant player in the global semiconductor ecosystem, Union Minister Rajeev Chandrasekhar said on Thursday after the government approved three chip plants entailing an investment of Rs 1.26 lakh crore. Latest News | India Becoming Major Player in Global Semiconductor Ecosystem: MoS IT.
This plant is proposed to be developed as a pure-play foundry that rolls out semiconductor wafers for a number of industries, including high-performance computing, display drivers and microcontrollers (MCU).
Grenoble firm says 'pivotal' milestone reinforces its supply chain amid growing demand driven by AI and 5G requirements.
Key step in supply chain for providing high-performance communications in data-centers, AI and 5G networks