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US chipmaker AMD to invest USD 400 mn in India; Vedanta to start chip making in 2 5 yrs

US chipmaker AMD to invest USD 400 mn in India; Vedanta to start chip making in 2 5 yrs
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

Here s what Foxconn chairman has to say on India s chip ecosystem

Foxconn Chairman, Young Liu, praised India's chip ecosystem at the SemiconIndia event. He expressed optimism about the country's semiconductor roadmap

US chipmaker AMD to invest $400 mn in India

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan s Foxconn pulling out of his group s $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta s chip-making project will be ready in two-and-a-half years.

Vedanta Commits To Chip and Display Module Production In India; Seeks Govt Approval For Fabs Under Modified Scheme

Vedanta Commits To Chip and Display Module Production In India; Seeks Govt Approval For Fabs Under Modified Scheme
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