SEMICONDUCTOR firm SFA Semicon Philippines Corp. (SSP) said Friday it would be buying back another P19 million worth of common shares under a share repurchase program.
"We should have some good success in the coming months. It will be fab (wafer fabrication), design, manufacturing, complete (ecosystem)," Vaishnaw said.
India is set to establish its first electronic chip manufacturing plant within a year, with a government incentive of $10 billion. The focus will be on developing and manufacturing chips for the telecom and electric vehicle sectors, as these are emerging areas with potential for global leadership. The success of US-based storage chip maker Micron s investment in India has boosted confidence in the country s capabilities.