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Is Intel Looking To Set Up Semiconductor Unit In India?

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New Delhi: One of many world’s greatest semiconductor producers by income, Intel is probably going eyeing to arrange a plant in India within the wake of the federal government’s choice on semiconductors that can encourage innovation and analysis. The Santa Clara, California-based chip-making large didn’t formally make an announcement, however retweeting a tweet by Randhir Thakur, a senior vice-president and president of Intel Foundry Companies, Ashwini Vaishnaw Minister for Electronics and Data Expertise (MeitY) welcomed Intel to India by tweeting “Intel- welcome to India”.

“Congrats to @GoI_MeitY @AshwiniVaishnaw @Rajeev_GoI for Semiconductor design & manufacturing incentives for India as hub for electronics & semiconductors. Glad to see a plan laid out for all elements of the provision chain: expertise, design, manufacturing, check, packaging & logistics,” the senior VP and president of Intel Foundry Companies had tweeted.

Intel is but to come back out with an official remark. ABP Stay has reached the corporate for a remark. 

The federal government’s transfer is being seen as a step to spice up manufacturing and strengthen the “Aatmanirbhar Bharat” programme. This choice will present loads of incentives to chip makers equivalent to Intel to make extra investments in the direction of the manufacturing of chips within the nation and the cryptic tweet from Thakur may imply that the corporate is wanting in the direction of organising a semiconductor plant within the nation.

Intel was lately outpaced by Samsung Electronics because the chief within the international semiconductor market by income within the third quarter on the again of sturdy reminiscence chip gross sales.

Based on trade tracker Omdia, Intel, which had been the highest chipmaker for 11 straight quarters, slipped to quantity two behind Samsung “because the reminiscence section, the place Samsung is the primary DRAM and NAND provider, was the biggest development space for semiconductor” within the three months ending in September.

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