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Another chip giant invested over $ 1 billion in India

Time:2024-10-26 Read:23 Comment:0 Author:Admin88

Another chip giant invested over $ 1 billion in India

This article is reproduced from today's headline, headline number: "chip master".

On September 11, the CEO of the Dutch company NXP said at the Semicon India conference that "NXP is committed to double investment in India's R & D in India in the next few years, and the amount is far more than $ 1 billion."The planned capital injection may be used to double the company's R & D work.

Although NXP has business in more than 30 countries, it means that India is one of its largest R & D and design centers.In the past 50 years, NXP has been operating in India. It has 4 semiconductor design centers in India and about 3,000 employees.

In the R & D center of India, artificial intelligence (AI) is one of its key areas and is used to enter a more advanced car and other applications.It is reported that NXP is negotiating with India's automotive industry and other industries to expand its partner foundation.Indore Stock

Except for NXP, many chip giants have invested in building factories in India.

Nvidia and AMD have established a large number of research and design centers in India.

Micron Technology plans to invest US $ 2.7 billion in the construction of a US $ 2.7 billion construction and testing plant in India, which can create about 5,000 employment opportunities.Jaipur Stock

AMAT-US, a supplier of chip manufacturing equipment suppliers, announced an investment of 400 million US dollars to establish a new engineering center in India.

Although chip manufacturing is still in its infancy in India, India has 300,000 design engineers, accounting for about 20%of the industry's global design engineers.India is ambitious, hoping to become the main chip center after India, Taiwan, the United States and South Korea.

Indian Prime Minister Narendra Modi said in the event, "We are preparing a powerful semiconductor labor team consisting of 85,000 technicians, engineers and R & D experts. At the same timePromote innovation in semiconductors and technology.

Source INC42

In order to strengthen competition with global chip manufacturers, India has been attracting foreign companies to carry out business in the country.

In February this year, India approved companies such as Tata Group and CG Power to build three semiconductor factories worth $ 15 billion.At the same time, an incentive plan of $ 10 billion has been approved, and it is expected that the value of its semiconductor market will reach $ 63 billion by 2026.

This article is reproduced from today's headline, headline number: "chip master".The content only represents the author's own point of view, and does not represent the position of Qianxun Consultation.This site only provides reference does not constitute any investment and application suggestions.(If there is content, copyright or other issues, please contact :)


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