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India's Tata Signs up Intel as Major Customer for $14 Billion Chip Foray
Tata Electronics and Intel will collaborate on manufacturing and advanced packaging at $14 billion Indian semiconductor plants to boost AI PC solutions and reduce chip import reliance.
- On Monday, Tata Electronics announced a MoU with Intel, naming Intel its first major prospective customer for upcoming semiconductor facilities in India and exploring local manufacturing at Tata's Fab and OSAT plants.
- Under New Delhi's 'India Semiconductor Mission,' Tata Group has committed roughly $18 billion to two semiconductor facilities, as part of efforts to reduce dependence on chip imports.
- Leveraging Intel's AI compute reference designs, Tata Electronics will use its EMS to rapidly scale tailored AI PC solutions and manufacture chips for AI, automotive, computing and data storage.
- In a press release on Monday, Tata Electronics said the collaboration marks a pivotal step toward a resilient, India-based semiconductor supply chain, while the companies said it would boost cost competitiveness and time-to-market for Intel products.
- The build includes a fabrication plant in Gujarat and an OSAT plant in Assam, Tata said this MoU aligns with its EMS-OSAT-Fab roadmap to support scaling manufacturing capacity.
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Tata, Intel sign deal to explore chip packaging in India
The Tata Group is currently building two semiconductor facilities in India, worth around $14 billion. One of these is a fabrication plant being set up in Gujarat, and the other is an assembly and testing plant coming up in Assam.
·India
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India's Tata signs up Intel as major customer for $14 billion chip foray
(Corrects headline and paragraph 1 to say that Intel is one of the major customers, not the first)Dec 8 : India's Tata Electronics has secured Intel as a prospective customer for its upcoming chip facilities, potentially signalling the U.S. chipmaker's confidence in India's manufacturing ambitions.The
·Singapore
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Total News Sources24
Leaning Left2Leaning Right2Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
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