IBM invests in new $5bn chip fab in India, so is chip sale off?

Richard Wilson, Electronics Weekly
February 14, 2014

India is to get a $10bn semiconductor wafer fab investment and one of the investors is IBM, recently rumoured to be considering an exit from all chip-making. This investment in an Indian mega-fab would seem to throw cold water on this move. India’s government at approved the building of two semiconductor wafer fabs by a group of chip firms including IBM, TowerJazz and STMicroelectronics. IBM remains a key source of manufacturing technology for many companies, so a suggestion that it may pull out of the business sent a shockwave through the industry earlier this month.

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