What good will made-in-India chips really do?

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IT minister Ashwini Vaishnaw on Tuesday presented the prime minister a showcase of some chips made in India—by research bodies, private firms, and university students. India has already handed out $18 billion in incentives to make chips locally. Why? Mint explains:

Can we manufacture chips indigenously?

Semiconductor fabrication is complex. No country has singular control over the $665-billion global chip industry due to its size and the niche expertise needed. Not even Taiwan, which…



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What good will made-in-India chips really do?


IT minister Ashwini Vaishnaw on Tuesday presented the prime minister a showcase of some chips made in India—by research bodies, private firms, and university students. India has already handed out $18 billion in incentives to make chips locally. Why? Mint explains:

Can we manufacture chips indigenously?

Semiconductor fabrication is complex. No country has singular control over the $665-billion global chip industry due to its size and the niche expertise needed. Not even Taiwan, which…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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