L&T Semicon expects its chip production to start in 2 years; to set up unit later

L&T Semiconductor Technologies plans to manufacture its designed semiconductor products within two years, aiming to establish chip manufacturing plants after reaching a revenue threshold of USD 50 million to USD 1 billion. Currently, they are forming teams for about 15 different products and have signed an agreement with IBM for advanced processor design.

Sep 29, 2024 - 16:00
L&T Semicon expects its chip production to start in 2 years; to set up unit later

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L&T Semiconductor Technologies plans to manufacture its designed semiconductor products within two years, aiming to establish chip manufacturing plants after reaching a revenue threshold of USD 50 million to USD 1 billion. Currently, they are forming teams for about 15 different products and have signed an agreement with IBM for advanced processor design.
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