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On a test track: Foxconn's venture with HCL puts s

On a test track: Foxconn's venture with HCL puts sheen on OSAT biz in India It is said to be a business with high volumes, but wafer-thin margins. However, being a key element in the making of semiconductor chips — which have widespread usage in electronic items, computers, and cars — Outsourced Semiconductor Assembly and Test, or OSAT, has become a burgeoning global business projected to be worth $47 billion this year and $70 billion by 2029. The Indian government has turned its attention to OSATs in a bid to make the country a strategic player in the global semiconductor sweepstakes. It is offering a $10 billion financial package earmarked for semiconductor projects, which includes ©SHIRSENDU KARMAKAR #Foxconn #OSAT #HCL
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SHIRSENDU KARMAKAR

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#Foxconn #OSAT #Hcl #News

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