Tag

Chip Plants

All articles tagged with #chip plants

"India's $15 Billion Investment in Semiconductor Plants Signals Ambitious Tech Expansion"
businesstechnology2 years ago

"India's $15 Billion Investment in Semiconductor Plants Signals Ambitious Tech Expansion"

India has approved the construction of three semiconductor plants worth $15.2 billion by companies including Tata Group and CG Power, aiming to become a major player in chip manufacturing. The plants, set to begin construction within the next 100 days, will produce chips for sectors such as defense, automobiles, and telecommunications. Prime Minister Narendra Modi's government is pushing to make India self-reliant in chip production, with plans to rival countries like Taiwan in the industry.

business3 years ago

Navigating US-China tensions: Updates on chip funding and regulations.

South Korea's trade ministry has said that the US' proposed rules to prevent $52bn in chip funding from being used by "countries of concern" will not force recipients to shut down their China factories. The proposed rules for funding recipients limit chip production capacity growth in China to 5% over 10 years as measured by wafers, and 10% for older legacy chips. Samsung Electronics and SK Hynix, the world's largest and second-largest memory-chip makers, have chip production facilities in China.