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India in talks with TSMC on mega multibillion dollar investment plan

P

prime007

Active member
India might just get a TSMC fab!

India in talks with TSMC on mega multibillion dollar investment plan | Taiwan News | Nov. 2, 2021 13:52

Foxconn spent US$1 billion expanding its factory there last year | Nov. 2, 2021 13:52
www.taiwannews.com.tw www.taiwannews.com.tw

I do wonder why TSMC would agree to build a fab if a chip glut is coming soon... especially since they previously rejected building one there. My guess (and hope as a TSM stockholder) is that the terms are going to be very favorable for any company invited to build a fab there.
 
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