India has unveiled a $ 10 billion subsidy program designed to lure semiconductor manufacturers to its shores.
The India Semiconductor Mission (ISM) targets entities seeking to establish “Silicon Semiconductor Fabs, Display Factories, Compound Semiconductors / Photonic Products / Silicon Sensors (including MEMS), semiconductor packaging (ATMP / OSAT), semiconductor design “.
The Rs.76000 crore ($ 9.96 billion) mission provides construction grants to organizations wishing to build the above in India. Factories and design initiatives can receive up to 50 percent grants for their activities. Other semiconductor industries will receive lower discounts.
Subsidies from India may not buy much. Samsung is spending $ 17 billion on a single plant in Texas, Intel has begun a $ 20 billion expansion of its Arizona facilities, and TSMC has announced capital spending of around $ 100 billion to expand its manufacturing capacity.
However, the program plans to attract at least two completely new semiconductor factories and two display factories to the country, 15 semiconductor packaging facilities and assistance to 100 national semiconductor design companies, including 20 are expected to achieve annual sales of $ 200 million over the next five years. .
Meanwhile, in Malaysia, Intel may be up to something. Or not This week, Malaysia also made an offer for its share of the semiconductor market with Penang State Chief Minister Chow Kon Yeow, announce on Twitter that Intel would spend $ 7 billion on a semiconductor packaging facility in its jurisdiction.
Yeow is linked to one of the many stories that the media received an invitation to a December 15 event in which Intel CEO Pat Gelsinger would appear in Malaysia to announce the installation.
The register checked with journalists we know in Malaysia – none had received the invitation. And Intel told us that there are no events or announcements planned in Malaysia. Chipzilla has not made any announcements at the time of writing.
Again, these goals seem courageous, as India does not currently have a huge pool of silicon design talent and recent national silicon designs include modest RISC-V processors built on a 180 nanometer process. While India has shown that it can rapidly develop service industries – and has a renowned technical education sector – there is a lot of work to be done to become a player.
Indian Prime Minister Narendra Modi said the new program strengthens the country’s “Aatmanirbhar Bharat” self-sufficiency plan and “will position India as a global hub for manufacturing electronics with semiconductors as a component of based”. ®