US, India unite on chips to open up new front in tech war against China
==========
India and the US finalized a semiconductor manufacturing deal during Prime Minister Narendra Modi's visit to Washington in September 2024; the agreement aims to establish a semiconductor fabrication plant in Kolkata focusing on defense, telecommunications, and renewable energy; this partnership is seen as a significant step for India to enhance its role in the global chip supply chain; the deal is compared to India's civil nuclear agreement with the US in 2005; India has approved three major semiconductor proposals worth US$15.2 billion; the Indian government launched a US$10 billion incentive program in 2021 to attract chip manufacturers; experts emphasize the need for India to invest time and resources to succeed in semiconductor manufacturing; the agreement may also involve collaboration with other Quad nations like Australia and Japan; the deal reflects a shift in supply chains away from China amidst rising trade tensions.
#Semiconductors #UsindiaRelations #Technology #China #Defense #Manufacturing #Trade #Biden #Modi #Quad
https://www.scmp.com/week-asia/economics/article/3280287/us-india-chips-deal-opens-new-front-tech-war-vs-china
South China Morning Post /
npub1x2…knuvq
2024-09-28 09:57:48
Author Public Key
npub1x2q0x7w5tqx0x3j9tdvkvqmetarpr8axhpjq7qw5xxrcysdwtrzssknuvqPublished at
2024-09-28 09:57:48Event JSON
{
"id": "ff1fa09125059ff4fcf84931bf99964d1f92fbd1a069b6caeb67f37945dd2e8a",
"pubkey": "3280f379d4580cf346455b596603795f46119fa6b8640f01d431878241ae58c5",
"created_at": 1727517468,
"kind": 1,
"tags": [],
"content": "US, India unite on chips to open up new front in tech war against China\n==========\n\nIndia and the US finalized a semiconductor manufacturing deal during Prime Minister Narendra Modi's visit to Washington in September 2024; the agreement aims to establish a semiconductor fabrication plant in Kolkata focusing on defense, telecommunications, and renewable energy; this partnership is seen as a significant step for India to enhance its role in the global chip supply chain; the deal is compared to India's civil nuclear agreement with the US in 2005; India has approved three major semiconductor proposals worth US$15.2 billion; the Indian government launched a US$10 billion incentive program in 2021 to attract chip manufacturers; experts emphasize the need for India to invest time and resources to succeed in semiconductor manufacturing; the agreement may also involve collaboration with other Quad nations like Australia and Japan; the deal reflects a shift in supply chains away from China amidst rising trade tensions.\n\n#Semiconductors #UsindiaRelations #Technology #China #Defense #Manufacturing #Trade #Biden #Modi #Quad\n\nhttps://www.scmp.com/week-asia/economics/article/3280287/us-india-chips-deal-opens-new-front-tech-war-vs-china",
"sig": "3e2b851e83679a8bba7a81593a6daa9fc54200b032861594b84bc6a3178a07d9c97bc1758b059fb8439c9501702544b6649f758db8cfa7f45ce57175832391c2"
}