Bullish on India for its chip supply chain potential, says Dutch major ASML

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New Delhi: Dutch company ASML, niche manufacturer of the most advanced equipment critical to modern chipmaking, is looking to scale up its presence in India and wants its engineers to work with homegrown chip makers for the firm to strengthen its presence in Asia’s semiconductor supply chain.

“We’re not investing in the hundreds of millions in India right now, but we’re bullish on India because the country remains one of the world’s most fast-developing economies,” ASML chief executive officer Christophe Fouquet told Mint in an interview on…



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Bullish on India for its chip supply chain potential, says Dutch major ASML


New Delhi: Dutch company ASML, niche manufacturer of the most advanced equipment critical to modern chipmaking, is looking to scale up its presence in India and wants its engineers to work with homegrown chip makers for the firm to strengthen its presence in Asia’s semiconductor supply chain.

“We’re not investing in the hundreds of millions in India right now, but we’re bullish on India because the country remains one of the world’s most fast-developing economies,” ASML chief executive officer Christophe Fouquet told Mint in an interview on…



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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