Vehicle production schedules veer to normalcy as chip supplies improve, ET Auto

Computer and communication equipment (C&C) segment consumes ~63% of chips produced, followed by automobiles ~13%, and consumer and industrial segments ~12%. New Delhi: The global shortage of semiconductors, or chips, which had hobbled automobile production and sales in India since 2020-21 is easing after improved supplies from better production schedules enabled by predictive demand forecast….

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MoS IT Rajeev Chandrasekhar, ET Auto

The upcoming USD 2.75 billion Micron Technology‘s facility in India proves that the growth in Micron Technology has committed to investing up to USD 825 million in building a new semiconductor assembly and test facility in India, with support from the Indian government. the country’s semiconductor ecosystem will soon manifest itself in myriad ways, propelling…

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