Semiconductor Manufacturing in India: Importance and Challenges
Significance
- To Tackle Global Shortage: Following the COVID-19 pandemic's emergence last year, there was an increase in demand for electronic goods, which is driving numerous nations to build their own chip-making facilities in an effort to reduce reliance on the global supply chain. In 2020, semiconductor demand expanded significantly, driving up global production demands. Global chip sales increased as a result of COVID-19, rising from $412.2 billion in 2019 to $439 billion in 2020.
- Electronics Production: India is the world's second-largest smartphone producer behind China, and chips are the key component of these gadgets. In addition, a number of cutting-edge ....
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