India has been implementing a "Made Locally" program since 2014 and hopes to be inSemiconductorsBreakthroughs in the field. However, for many years, no top manufacturers were willing to build factories in India, which prevented the plan from going smoothly. India is unhappy with China's rise as the world's factory, except inInternationalIn addition to spreading all kinds of **, but also for Chinese companies in IndiaInvestmentsintervention, which has changed the business climate in the Indian market. India is eager to introduce advanced technology, but due to the lack of itSemiconductorsThe technical base, there are hardly any enterprises that have mastered this technology. FoxconnEarly plans to enterSemiconductorsindustry, but due to the lack of corresponding technology, it was ignored by the mainland market. The blank market in India has causedTerry Gouconcern, he plans to pass the authorizationSTMicroelectronicstechnology and receive large subsidies. However, the plan ultimately failed because India was rightSTMicroelectronicsThe technology of licensing is not interested, but toFoxconnTo launch a challenge, as long as TSMC, UMC and other companies can be invited to build factories, the conditions proposed will be accepted. However, these top companies have no interest in the Indian market, making people think that the Indian market is not favored by Taiwanese companies, but unexpectedly,PSMCIt became a breakthrough, and in the competition to invite eight countries to build factories, India unexpectedly stood out.
Expansion: India inSemiconductorsEfforts in this area have not been achieved overnight. Since the launch of the "Made in Home" program, India has been committed to attracting foreign companies to build factories, hoping to bring in advanced onesSemiconductorstechnology, improve the level of local industries. However, due to various reasons, India has not succeeded in attracting the world's top onesSemiconductorsManufacturing enterprises. This leaves India with a serious technological shortcoming, unable to meet domestic demand on its own, and also limits India's position in global competition. SemiconductorsAs modernTechnologythe core of the countryEconomydevelopment, technological innovation, and national defense security are of great significance. Therefore, India** has been trying to pushSemiconductorsThe development of the industry hopes to fill this gap.
Although the Indian market is not favored by Taiwanese companies,PSMCStill chose to cooperate with India to build a fab. PSMCThe chairman explained that they chose India over mature countries such as Japan, South Korea, Europe and the United States, mainly because of the cost. According toInvestmentsIt is estimated that it will take at least 7 to 8 years to start making a profit in the recent construction of a factory in Japan. And in cooperation with India,PSMCOnly technical licensing is required, and no large capital is required. Although there are some deviations in the business environment in India, the cooperation only involves technology licensing, and it is not profitablePSMCThe impact of itself is not large.
Extension: Site SelectionInvestmentsIt is one of the most crucial factors in decision-making. ForSemiconductorsIn terms of industry, site selection involves many considerations, such as infrastructureTalent pool, market demand, etc. India as an emerging oneSemiconductorsThe market, despite some challenges and uncertainties, remains attractive with its large population and growing middle class spending power. In addition, India** has been working hard to improveInvestmentsenvironment, which offers a variety of incentives to attract foreign investment. InPSMCCost is an important consideration in the decision to choose India. As a highly competitive industry, businesses need to control costs in order to remain competitive. Cooperation with India,PSMCIt is possible to take advantage of India's lower labor costs and other factors to reduce production costs. At the same time, India, as an emerging market, also provides certain business opportunities and development space. PSMCIt may be hoped that by partnering with India, it will be able to capture more opportunities and gain more market share in this emerging market.
PSMCChoosing to build a factory in India is undoubtedly IndiaSemiconductorsThe development of the industry has brought important opportunities. PSMCAs the world's leadingSemiconductorsManufacturers, whose technology and experience will undoubtedly play a positive role in promoting the upgrading of the Indian industry. IndiaSemiconductorsThe industry has made some progress over the past few years, but still faces many challenges. PSMCThe accession will bring advanced production technology and technology to India, which is expected to accelerate IndiaSemiconductorsThe development of the industry. In addition,PSMCGloballySemiconductorsChainIt is an important strategic partner for India to establish a cooperative relationship with it.
Extensions:SemiconductorsThe development of the industry is of great strategic importance to India. SemiconductorsIt's modernTechnologyIt is widely used in electronic equipment, communications, the Internet, artificial intelligence and other fields for the countryEconomyAnd *** is of great significance. As the second most populous country in the world, India has a huge market potential and a young labor force. developmentSemiconductorsThe industry can not only meet the domestic market demand, but also improve the country's manufacturing level, increase employment opportunities, and promoteEconomyIncrease. India** has taken a series of measures to attract foreign-funded enterprises to set up factories in IndiaSemiconductorsThe development of the industry. PSMCThe choice to build a factory in India reflects India's presenceSemiconductorsThe potential and attractiveness of the sector is expected to further boost IndiaSemiconductorsThe development of the industry.
India inSemiconductorsThe field has ushered in an important opportunityPSMCThe choice to set up a fab in India is undoubtedly for IndiaSemiconductorsThe development of the industry has brought good prospects. Both forPSMCFor India, this cooperation is of great strategic importance. PSMCIt can take advantage of India's huge market potential and relatively low cost to expand its share of the global market and help India fill itSemiconductorsGaps in technology. And for India,PSMCThe participation of India will be acceleratedSemiconductorsThe development of the industry, improve the level of the local industry, promoteEconomyIncrease. However, there are risks that technology licensing may face, and India needs to protect IP to prevent technology from being misused. Most importantly, India needs to continue to improveInvestmentsenvironment, to provide a more stable, transparent and competitive business environment, to attract moreInternationalBusinesses comeInvestments, pushSemiconductorsSustainable development of the industry. Overall,PSMCChoosing to build a factory in India is a good start, but India still needs to do more in terms of policy support, infrastructure and talent development to achieve itSemiconductorsThe long-term development of the industry and the countryEconomygrowth by leaps and bounds.