Chips shortage: India woos TSMC, Intel AMD to set up manufacturing base

The crisis sweeping the global semiconductor industry is enormous. With the tech world totally dependent on chips, the problem has become fundamental, and worse, nobody knows when it will end. And India, which is trying to push itself into the forefront of the tech manufacturing, is also facing the pinch acutely. India, which is dependent on imports for all its chip needs, is now trying to address the problem holistically. 

According to a report in the Times of India, the Indian government has sounded out top chip-making companies like the TSMC (Taiwan Semiconductor Manufacturing Company), Intel, AMD, Fujitsu and United Microelectronics Corp to try and set up manufacturing base in the country.

Source link