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India approved a plan for an $11 billion wafer fab by Tata Group and Powerchip Semiconductor in Dholera, Gujarat, with capacity of 50,000 wafer starts per month, targeting high-performance computing, EVs, telecom, and power electronics.
“India has approved a plan for an US$11 billion wafer fab to be built by Indian steel-to-automobiles conglomerate Tata Group and Taiwan’s Powerchip Semiconductor.”eenewseurope.com
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