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Nov 23, 2016

According to Government of India, HSMC Technologies has been putting in efforts to attaract equity and debt funding for setting up a semiconductor wafer fabrication manufacturing facility .

HSMC Technologies along with ST Microelectronics and Silterra Malaysia Sdn Bhd as partners have proposed to set up Semiconductor Wafer Fabrication (FAB) manufacturing facility in Gujarat.

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April 13, 2016

Chip maker AMD plans to enter Indian electronics sector in a big way and has already tied up with HSMC for chip manufacturing in the country, Telecom Minister Ravi Shankar Prasad said today.

AMD CEO and President Lisa Su met Prasad and conveyed that the company is committed to transform India into electronics manufacturing hub.

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Jan 15 , 2016

On Jan 15th, , Chairman of HSMC , Deven Verma and Leading Silicon Valley CEOs, Entrepreneurs, Technologists were invited to meet with President of India, Pranab Mukherjee in New Delhi at Rashtrapati Bhavan.

The goal of this interactive session was to reiterate Government of India’s commitment to making India the hub of innovation, design and Start-ups

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Feb 14, 2014

India has approved the setting up of semiconductor wafer plants by two consortia, including IBM Corp, Israel’s TowerJazz and STMicroelectronics NV, costing a total of Rs63,410 crore.

India, which wants local production of chips to cut long-term import bills, has renewed a drive to attract investments after a previous attempt failed. The two groups had proposed building plants in India in September.

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Sept 26 , 2013

Devendra Verma, chief executive and founder of Hindustan Semiconductor Manufacturing Corp., is excited that his company’s ambition of becoming one of the first companies to set up a semiconductor plant in India is finally taking shape—almost seven years after he first conceived it

He has already signed agreements with infrastructure companies Larsen and Toubro Ltd (L&T) and Infrastructure Leasing and Financial Services Ltd (IL&FS) that will help him construct the so-called wafer fab ground-up and complete the first phase by 2016. In a telephone interview from the US, Verma explained why a semiconductor plant is critical to India’s electronics sector.

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