Breaking News
1. Chaos At Akhilesh Yadav's Azamgarh Rally, Days After Disturbance In Prayagraj      2. PM Modi: I don't have any successor, people of this country are my successors      3. Indian flag at half-mast as nation mourns death of Iran President Ebrahim Raisi      4. Delhi high court denies bail to Manish Sisodia in all cases linked to liquor policy      5. One dead as Singapore Airlines flight from London hit by severe turbulence      6. "Making Watertight Case": Pune Top Cop To NDTV On Porsche Crash That Killed 2      7. "Outrageous": Biden Slams World Court's Request To Arrest Netanyahu      8. Oil prices rise after Iran president's death, brent crude at $84.24/bbl      9. With 59% voter turnout, Baramulla breaks previous poll record      10. Delhi Records 47.4 Degrees Celsius, 'Red Alert' Issued For Next 5 Days      11. Lok Sabha elections: Phase 5 sees over 60% turnout, highest in Bengal with 74.6%      12. Pune Teen Driver's Father Arrested After Porsche Crash Killed 2      13. 2 people missing after a boat capsized in Ganga River in Mahavir Tola village      14. Saudi crown prince meets White House national security adviser      15. Pick-up vehicle overturnes in Kawardha area      16. Professor at the department of Medicine at AIIMS Dr Neeraj Nischal spreads light on heat wave      17. Fire breaks out at cloth shop in Delhi's Karol Bagh      18. Mumbai police received bomb threat call      19. Dominicans to vote in general elections with eyes on crisis in neighbouring Haiti      20. 2 people missing after a boat capsized in Ganga River in Mahavir Tola village     

India-US Tech Alliance Aims to Challenge China and Taiwan's Semiconductor Dominance

  • Posted on June 24, 2023
  • News
  • By Ishna
  • 352 Views
China and Taiwan's Semiconductor Dominance



During Prime Minister Narendra Modi's recent visit to the United States, a new tech alliance between India and the US was established, accompanied by significant semiconductor announcements. This partnership could reduce China and Taiwan's dominance in the global chip market. With the US being home to major chip manufacturers and India possessing a growing pool of talented engineers, the collaboration aims to strengthen and diversify the semiconductor supply chain.


A significant development in this endeavour is the establishment of Micron's semiconductor chip testing and manufacturing plant in India. This move is seen as a substantial step towards diminishing the dominance of Chinese and Taiwanese companies in the semiconductor market, according to Sanjay Gupta, Chairperson of the India Electronics and Semiconductor Association (IESA).


Explore the India-US tech alliance challenging China and Taiwan's dominance in the semiconductor industry. Micron's investment in India strengthens the supply chain while fostering innovation
Prime Minister Narendra Modi | PTI

By attracting industry giants like Micron, India can leverage its expertise and technologies to enhance domestic capabilities, reducing its reliance on Chinese and Taiwanese companies for semiconductor imports. The collaboration with Micron fosters technological innovation and stimulates research and development activities within India. Furthermore, it promotes the growth of local talent, encourages entrepreneurship, and cultivates an ecosystem favourable to indigenous semiconductor startups.


Micron's investment strengthens India's position as a competitive manufacturing hub and offers an alternative source for semiconductor supply. Through collaborations and advancements, India aims to reduce its reliance on imports and foster a thriving semiconductor industry.


Explore the India-US tech alliance challenging China and Taiwan's dominance in the semiconductor industry. Micron's investment in India strengthens the supply chain while fostering innovation
Sanjay Gupta, President & CEO, Spark Minda

The alliance between India and the US in the tech sector and Micron's semiconductor plant establishment showcase their shared commitment to challenging China and Taiwan's stronghold in the chip market. By leveraging India's growing talent pool and the US's established chip manufacturers, the collaboration aims to build a robust and diverse semiconductor supply chain.


This strategic move is expected to foster technological innovation, bolster local growth, and reduce dependence on Chinese and Taiwanese companies. While the path to disrupting their dominance may be challenging, the India-US partnership signifies a determined effort to reshape the global semiconductor landscape.


For more updates, keep visiting our website, www.topstoriesworld.com where we provide unbiased, true, and top stories of the world.

Author
No Image
Ishna

You May Also Like