English
India preps $5 billion two-fab plan
Peter Clarke, EETimes
4/21/2011 6:03 AM EDT
LONDON – The Indian government has announced renewed efforts to try and create a chip manufacturing industry on the sub-continent and is looking for investment of about $5 billion to build two wafer fabs.
The exact level of government support for the plan would be finalized by way of negotiations with interested parties. This is set to happen after a report has been produced by the newly-formed Empowered Committee for identifying technology and investors for Semiconductor Wafer Fabrication (Fab) Manufacturing Facilities, the Indian government said in a statement.
The Empowered Committee is composed mainly of political appointments but is expected to co-opt industry experts and is due to report back to government by July 31, 2011.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
Related News
- Biden-Harris Administration Announces Over $5 Billion from the CHIPS and Science Act for Research, Development, and Workforce
- U.S. Government Awards GlobalFoundries New $3.1 Billion, 10-Year Contract for Secure Chip Manufacturing
- Intel to Spend $5 Billion on 10nm Fab in Israel
- Cypress and Spansion Complete $5 Billion All-Stock Merger
- Gartner Says India Semiconductor Spending to Reach $9.2 Billion in 2012, a 20 Percent Increase from 2011
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards