Dark
Light
Today: October 6, 2024
May 1, 2024

“Micron Technology’s India-Made Semiconductor Chips Poised for Global Debut in 2025”

Micron Technology, a global leader in semiconductor technology, is gearing up for a significant milestone as its India-made semiconductor chips are set to debut on the global stage in the first half of 2025. Anand Ramamoorthy, Managing Director of Micron India, revealed to Mint in an interview that the chips will roll out from Micron’s packaging unit located in Gujarat’s Sanand.

Ramamoorthy expressed optimism about the project’s progress, stating, “We expect to have products rollout early next year, in the first half, which is a very good turnaround given that we had announced this whole engagement in the middle of last year.” He further emphasized that the majority of the chips manufactured in Sanand will be exported, potentially positioning the unit as a key player in the global semiconductor market.

The chips produced in Sanand are slated for use in various applications, including data centres, smartphones, notebooks, and Internet of Things (IoT) devices. However, specific allocation will be determined closer to the production stage based on factors such as demand dynamics, pricing considerations, and customer requirements.

Moreover, Micron is exploring new opportunities in emerging sectors, including two-wheeler electric vehicles and government contracts unique to the Indian market. Ramamoorthy hinted at potential partnerships with Tata Electronics’ semiconductor fabrication units in Assam and Gujarat, citing existing collaborations with Tata Group companies and the possibility of expanding product lines into their factories.

Micron is actively engaged in establishing its semiconductor supply chain in India, with key suppliers like Simmtech beginning to set up operations in Gujarat. Ramamoorthy highlighted the company’s collaboration with the government and suppliers to leverage opportunities presented by India’s semiconductor ecosystem.

In line with the Indian government’s $10 billion financial incentive scheme for semiconductor fabrication and assembly, Micron is establishing an assembly, testing, monitoring, and packaging (ATMP) plant in India. This project, supported by substantial financial backing from central and state governments, is expected to generate thousands of direct and indirect employment opportunities, further strengthening India’s semiconductor landscape.

Recent reports by Bloomberg indicate that Micron Technology may receive $6.1 billion in grants from the United States’ Commerce Department to bring semiconductor production back to the US. The company has pledged to open up to four factories in New York state and one in Idaho. However, it has cited the need for a combination of Chips grants, investment tax credits, and local incentives to bridge the cost differences between the US and overseas units.

With projects spanning across China, Japan, and now India, Micron Technology is positioning itself at the forefront of semiconductor innovation, leveraging global partnerships and government support to drive technological advancements and contribute to the growth of the semiconductor industry worldwide.

Previous Story

Unlocking AI Potential: Overcoming Poor Data Management in Enterprises

Next Story

J&J Subsidiary Proposes $6.48 Billion Settlement Over 25 Years to Resolve Talc Lawsuits

Latest from Blog

Go toTop

Don't Miss

Assam Government Has Launched Orunodoi 3.0 Poverty Alleviation Scheme It Broadens Coverage To 37. 2 Lakh Beneficiaries

This new phase increases the number of recipients by over

8 Things To Check While Buying A Smartphone

In the present-day context, it can safely be said that