Security News > 2022 > February > Top chipmakers ignore India's semiconductor factory subsidies

India has revealed the identities of companies that have applied to build semiconductor manufacturing facilities on its soil under a $10 billion subsidy scheme - and none are substantial chipmakers.

As The Register reported last week, a consortium of Taiwan's Foxconn and Indian firm Vedanta committed to build a plant under the scheme, despite neither company having any previous experience in the field.

Now India's government has announced another two bidders: Singapore's IGSS Ventures and an outfit called ISMC. IGSS operates an eight-inch CMOS foundry through its CompoundTek brand, which focuses on silicon photonics.

ISMC is backed by a company called Next Orbit Ventures, and already had plans to build a fab in India.

Even if all of India's investments come off, it will add around two per cent to global current capacity - but the 28nm kit India hopes to make is one of the few markets currently not experiencing product shortages.

India has sought expertise to build another and more contentious technology: software to detect and trace users of virtual private networks.

News URL

https://go.theregister.com/feed/www.theregister.com/2022/02/21/india_semiconductor_subsidies/