Breaking News
1. India delivers its first shipment of emergency relief supplies to flood-affected Nepal      2. Turkey to evacuate citizens from Lebanon on Wednesday      3. Himachal Pradesh minister raises concerns over drone activity near sensitive border area      4. Three children died in Vijayanagar district.      5. Amethi horror: Murder accused Chandan Verma injured in police encounter during escape attempt      6. Haryana assembly elections: PM Modi urges voters to set a new record as polling begins for 90 seats      7. Foreign Minister of Argentina Diana Mondino arrived on an official visit to India      8. Union Minsiter Dharmendra Pradhan pays tribute to the youngest freedom fighter Baji Rout      9. Bodies of three more Naxalites found after encounter in Chhattisgarh's Bastar region; death toll rises to 31      10. NCP-Ajit Pawar faction leader Sachin Kurmi killed in Mumbai's Byculla      11. Two terrorists killed during encounter with security forces in J-K's Kupwara, operation underway      12. NIA conducts raids across five states in terror conspiracy case      13. Helicopter crashes in Maharashtra's Pune district; two persons feared killed, say police      14. 7 more children take ill after having mid-day meal at Thane school; 45 hospitalised so far      15. PM inaugurated and laid foundation stones for 109 projects under AMRIT      16. Andhra govt notifies new liquor policy, expects to gain Rs 5,500 cr revenue      17. 'My Family Being Targeted': Siddaramaiah Reacts To Row Over Wife's Move To Return MUDA Plots      18. Israel begins 'targeted ground raids' on Hezbollah in Lebanon amid ceasefire calls      19. Jammu and Kashmir Assembly Elections 2024 Live Updates: 65.65% voter turnout in Phase 3 polling for final 40 seats,      20. Iran Preparing To 'Imminently' Launch Missile Attack On Israel: US Official     

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

  • Posted on June 24, 2023
  • News
  • By Ishna
  • 448 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