TSMC and India are moving closer to sealing off possible cooperation for semiconductor development. Talks regarding this cooperation have been in motion since last year. Now we are seemingly drawing closer to seeing this cooperation in full effect.
According to our sources, TSMC will pay India a visit in the next few weeks. During this visit, talks regarding this partnership will hold between both parties. The outcome of the talks will determine the future of the partnership between TSMC and India.
Read also: Apple M2 Pro and M3 chips will use TSMC 3nm fab process.
What will this partnership mean for the global market of manufacturers that constantly use these processing chips? Sectors such as automobile, health care, communication, and so much more will benefit from this. This partnership might help improve the supply of chips globally to help curb any shortages.
This visit will give TSMC more insight into the Indian government’s semiconductor plant. The plan in question brought funding of over $10 billion into the Indian semiconductor market. With this level of investment or funding, any semiconductor manufacturer will want to pull their businesses into India hence improving production.
TSMC will not be the only one to gain from this partnership with India. Other Taiwanese semiconductor manufacturers like United Microelectronics Corporation (UMC) will gain as well. But, the gains for Taiwanese semiconductor manufacturers and the technology world at large are dependent on the result of the talks between parties involved in this agreement.
