Israel's Tower Semiconductor proposes $8b chip plant in India - report
Israel's Tower Semiconductor has submitted a proposal to India's government to build an $8
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Israel's Tower Semiconductor has submitted a proposal to India's government to build an $8
If Tower’s proposal is accepted by the government, it would be the first semiconductor company with real fabrication pedigree to join India’s $10 billion chip manufacturing scheme, and will be a big boost to New Delhi’s chipmaking ambitions.
OSAT facilities offer third-party packaging and test services, along with packaging silicon devices that are manufactured by foundries and provide testing devices before shipping to the market.
As China faces mounting economic challenges, investors are looking to India as Asia's promising growth story.
NICE and Tower led the market higher today as Harel led the declines.