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Global Chipmakers Expand India Investments as Semiconductor Ecosystem Broadens

Global Chipmakers Expand India Investments as Semiconductor Ecosystem Broadens
Global chipmakers deepen India bets as local semiconductor ecosystem expands · CNBC TV 18

Several big chip companies are putting more money and workers into India.

Applied Materials plans to invest $5 billion there over the next 10 years.

It also wants to build a large research park in Bengaluru.

Infineon Technologies works with about 1,200 Indian customers and expects its business there to grow quickly.

NXP Semiconductors already has more than 4,500 engineers in India.

These companies are interested in Indian startups, suppliers and factories.

India already has strong chip design and software skills.

The country is now trying to build the rest of the chip-making system too.

Government support through the India Semiconductor Mission is intended to help this expansion.

Key facts

Applied Materials investment
An additional $5 billion in India over the next 10 years.
Applied Materials research park
A planned 145-acre research park in Bengaluru.
Infineon Indian customers
Approximately 1,200 customers.
Infineon revenue outlook
Expected compound annual growth of about 30% in India for the foreseeable future.
NXP engineers in India
More than 4,500 engineers.
NXP global workforce share
About one-third of NXP Semiconductors’ global engineering workforce is based in India.
NXP annual R&D spending
Several hundred million dollars a year in India.

Quotes

Prabu Raja

President-SPG of Applied Materials

“The industry is growing right now at a very high speed, and so India is in a very good place with the talent.”
CNBC TV 18
“We are talking about the end-to-end product lifecycle right now rather than just doing the design.”
CNBC TV 18

Sources

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