Cabinet approves three more semiconductor units under ‘Development of Semiconductors and Display Manufacturing Ecosystems in India | Current Affairs | Vision IAS
News Today Logo

Cabinet approves three more semiconductor units under ‘Development of Semiconductors and Display Manufacturing Ecosystems in India

Posted 01 Mar 2024

Updated 27 Mar 2024

2 min read

  • The approved semiconductor units are 
    • Semiconductor Fab:  To be established in partnership with companies from Taiwan in Dholera (Gujarat). 
    • Semiconductor ATMP (assembly, testing, marking, and packaging): To be set up in Morigaon (Assam). 
    • Semiconductor ATMP unit for specialized chips:  To be established in partnership with companies from Japan and Thailand in Sanand, (Gujarat)

 

  • About semiconductor and semiconductors industry
    • Semiconductors, also referred as integrated circuits (IC), are materials with characteristics intermediate between a "conductor" that conducts electricity like metal and an "insulator" through which electricity hardly flows.
      • A semiconductor fab or fabrication plant, is essentially a factory that manufactures integrated chip circuits and silicon wafers. 
    • They are essential in electronics, including diodes, transistors, integrated circuits, and telecommunications.
      • Semiconductors are found in almost all the electronics devices and play a pivotal role in emerging technologies like AI, 5G, IoT, etc. 
    • United States (US), Taiwan, and China are considered as semiconductor powerhouses.
    • Global semiconductor industry is projected to become a trillion-dollar industry by 2030 (McKinsey).
    • Indian semiconductor market is set to achieve a valuation of US$ 55 billion by 2026 (Deloitte).

 

  • Tags :
  • semiconductor
  • Semiconductor
  • Integrated Circuit
Watch News Today