SemIndia and AMD in $3 Billion wafer fab

Deepak

B3D Yoddha
Veteran
http://www.eet.com/news/latest/showArticle.jhtml?articleID=174402752

BANGLAORE, India — SemIndia Inc., a consortium of Indian technologists, has agreed to lead the investment of $3 billion in a wafer fab in India to make chips using technology licensed from Advanced Micro Devices Inc. An agreement signed between the two companies Wednesday (Nov. 30) covers manufacturing and technology licensing and business development based on x86 processor intellectual property from AMD.

A memorandum of understanding was signed in New Delhi by Hector Ruiz, chairman, president and chief executive officer, of AMD (Sunnyvale, Calif.) and Vinod K. Agarwal, chairman, SemIndia in the presence of Dayanidhi Maran, federal minister for communications and information technology.

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First major fab in India I think, great news. I wonder what chips they will licence and produce.
 
After what India did to IBM in the 70s it is a good sign that someone is willing to invest that kind of money there again, though it took quite awhile.
 
Cartoon Corpse said:
what did india do to IBM in the 70's?

Indian govt in 1977 threw out IBM IIRC. Now to think that so many Indians are working in IBM at imp positions. :smile:
 
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