Polymatech to invest $1B in semiconductor facility expansion in Tamil Nadu

Polymatech will invest $1 billion to expand its semiconductor chip manufacturing and packaging facility in Tamil Nadu, India. The first phase, with $130 million investment, will have capacity to produce 250 million chips per year and is expected to start production within weeks.

“Polymatech will invest $1 billion to expand its chipset manufacturing and packaging facility in the state.”livemint.com

• 1 source
• livemint.comIndian co invests $1bn for semiconductor manufacturing facility in Tamil NaduShouvik DasAug 3, 2022

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