/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Adani and Zoho pausing their plans is a sign that a lot needs to be done before semiconductor fabrication is a viable business.
Last week, two major chipmaking projects in India hit roadblocks. Billionaire Gautam Adani paused discussions with Israel’s Tower Semiconductor for a $10 billion chip project. And, software firm Zoho suspended its $700 million plan to foray into chip manufacturing. These events indicate that India’s chipmaking ambition may have gotten ahead of itself.
These projects were considered important—Adani and Tower were to set up a facility that produces 80,000 semiconductor wafers a month and create 5,000 jobs. Zoho wanted to build a facility that would generate 460 jobs. But it looks like neither of those things are happening right now.
Zoho …
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
Barely two years after being founded and without even a finished product, Bengaluru-based C2i Semiconductors has been acquired by Germany’s Infineon. What’s the secret?
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
