India's Chip Shot
By Snigdha Sen

(Business 2.0) - India is moving up the outsourcing food chain. Formerly content to focus on coding and customer support, the country is about to get into semiconductor manufacturing, once the domain of technically advanced nations such as Germany and the United States.

Founded by a team of semiconductor-industry veterans of Indian descent, Silicon Valley startup SemIndia plans to build a $3 billion wafer-fabrication facility in southern India by 2008. It's licensing manufacturing technology from U.S. chipmaker AMD (Research), which plans to buy SemIndia's chips and sell them in India, where AMD predicts semiconductor demand will cross the $10 billion mark by 2015. Says SemIndia CEO Vinod K. Agarwal, "This is a chance for India to take advantage of its own consumption." Top of page

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