Thursday, October 13, 2005
STMicrolectronics is planning a ¡§fully-fledged¡¨ chip manufacturing facility in Greater Noida near New Delhi, according to a report in The Economic Times from New Delhi.
The report also said that ST was considering taking on thousands of extra workers to work at the facility.
ST declined to comment except to say that it had bought land, according to the report, but it quoted sources saying ST, ¡§is contemplating a full-fledged chip manufacturing facility in India in view of the rapid growth in chip consuming industries in India including mobile phones, consumer electronics and automobiles.¡¨
It still remains unclear whether this means a wafer fab, which is the investment-intensive front-end of chip manufacture, or a chip test and assembly facility, which is relatively less costly and less technologically-intensive than making wafers of integrated circuits. ST has been present in India for over a decade and employs about a 1,500 engineers at its two centers in Noida and Bangalore. It plans to increase staff strength to 5,000 in three years, with most of the new recruits to be located at the newly acquired site, the report said.
By: DocMmeory
Copyright © 2023 CST, Inc. All Rights Reserved
|
