India is reportedly studying the possibility of building a semiconductor factory

JAKARTA (ANTARA) – India is reportedly in talks with crisps Intel, GlobalFoundries and TSMC (Taiwan Semiconductor Manufacturing Company) on the possibility of establishing a state-of-the-art local semiconductor fab in the region.

Also read: Foxconn wants to make chips in India

The move from India was to bring more high-tech manufacturing to the country, according to the ETTelecom report, quoted from Gizmochina on Thursday.

Last year, the government of Indian Prime Minister Narendra Modi announced that it was preparing a $10 billion incentive plan.

This large amount will aim to cover about half of the manufacturer’s costs crisps. Simply put, the fund is an attempt to attract producers advertisement and semiconductors to set up factories in the country.

Through these incentives, the Indian government wants to compete with its neighbor China and also become a leader in the electronics manufacturing segment.

“I made most of the offers to these big companies myself. We meet CEOs, talk to them, give presentations,” said former Intel engineer Rajeev Chandrasekhar.

But alas, trying to attract the giant crisps any size is still in question, as companies like Samsung and TSMC invest tens of billions of dollars each year to expand their manufacturing capabilities.

Also read: The semiconductor crisis is expected to last until 2023

Also read: BMW boss says semiconductor shortages will last until 2023

Also read: Ford, GM suspends production at Michigan plant for parts

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Publisher: Ida Nurcahyani
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