New Delhi: In order to increase its manufacturing presence in India, Qualcomm intends to collaborate with regional electronics producers to source and manufacture vehicle modules there. Anticipated on Friday, the news marks a substantial increase in the US semiconductor company’s involvement with India’s expanding electronics and semiconductor sector.
In addition to leveraging investments in foundry capacity as it becomes available, Qualcomm is increasing its involvement in advanced semiconductor packaging, assembly, and testing in India, according to the company’s president and CEO, Cristiano Amon. The action comes as Narendra Modi redoubled his efforts to get multinational corporations to design and create goods for international markets in India.
Qualcomm recently unveiled its first 2-nanometer chip, which was wholly designed by its India team, making India the company’s second-largest R&D location behind the US. Amon stated that Qualcomm’s current goal is to use local manufacturing to supplement its design expertise, starting with component chips like power management modules.
Qualcomm anticipates that locally produced goods would eventually serve clients worldwide, even if the first focus will be on India. Amon referred to India’s semiconductor journey as a long-term but crucial investment and emphasized the need for consistent governmental momentum to assist electronics manufacturing, digital governance, and sovereign AI.
Source – The Times of India
