India boosts chip ambitions, okays plants with $15 billion in investments

Researchers inside the semiconductor fabrication lab at the Centre for Nano Science and Engineering, at the Indian Institute of Science, in Bangalore on June 30, 2018. India has approved building three semiconductor plants with investments of more than $15 billion as the country aims to become a major chip hub. “India already has deep capabilities in chip design. With these units, our country will develop capabilities in chip fabrication. Advanced packaging technologies will be indigenously developed in India,” according to a government statement on Thursday. India has ambitions to become...