Picture of Tower Semiconductor logo

TSEM Tower Semiconductor News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousLarge CapHigh Flyer

India keen to be 'trusted' chip partner, supplier - Modi

GANDHINAGAR, India, July 28 (Reuters) - India wants to
emerge as a trusted partner for the semiconductor industry and
is keen to be a chip supplier for the world, Prime Minister
Narendra Modi said on Friday, as he steps up efforts to attract
global investors to establish production in the country.
    Earlier at the SemiconIndia conference in Modi's home state
of Gujarat, U.S. chipmaker Advanced Micro Devices  AMD.O  Chief
Technical Officer Mark Papermaster announced plans to invest
around $400 million in the country over the next five years and
build its largest design centre in the tech hub of Bengaluru. 
      
    

 (Reporting by Munsif Vengattil and Sumit Khanna in Gandhinagar,
Gujarat; Writing by Indranil Sarkar and Aditya Kalra; Editing by
Jacqueline Wong)
 ((Indranil.Sarkar@thomsonreuters.com; Mobile:  +91
7022132226;))

Recent news on Tower Semiconductor

See all news