Polymatech

Polymatech plans to invest $1 billion by 2025 to expand semiconductor manufacturing capacity to 10 billion chips by December 2024, including two new plants in Krishnagiri district, 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.