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Chip Manufacturing: India Taiwan in Discussion to Build Chip Foundry Worth $7.5 Billion to Make 5G Devices and Electric Cars

News Snapshot:

The Government of India may have taken another big step in enhancing the country’s footprint in the semiconductor industry. According to a report by Bloomberg, officials from India and Taiwan have met “in recent weeks” to bring a chip plant worth approximately $7.5 billion to India, which will supply chips for everything from 5G devices to electric cars . The report quoted anonymous sources who were familiar with the matter and said that the move may “spark fresh tensions with China”. The Indian government has made its intentions to ramp up the country’s semiconductor quite clear over the past few…

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