NXP Semiconductors to Augment Investments in India to Boost R&D
NXP Semiconductors to Augment Investments in India to Boost R&D
Nijhum Rudra
Thu, 04/11/2024 - 12:33
The company is already in discussions with the Ministry of Electronics and Information Technology (MeitY) to avail the DLI incentive scheme
The Netherlands-based global semiconductor design and manufacturing firm NXP Semiconductors is reportedly augmenting its investments in India to boost research and development (R&D) for a period of three to five years. Media reports also indicate that the company is also looking forward to a partnership in an effort to set-up a new wafer fabrication unit and a testing and packaging facility.
[original story: Circuit Digest]