Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: etchmeister who wrote (15225)	6/14/2005 8:00:38 AM
From: Proud_Infidel	of 25522

India should set up fab city, says minister K.C. Krishnadas EE Times (06/14/2005 6:39 AM EDT) BANGALORE, India — India should consider setting up a 'fab city' and the country's communications and information technology minister is asking the various state governments to consider putting up one in their states. Speaking on Monday (June 13) in Chennai after a visit to the U.S., minister Dayanidhi Maran said India intends to have semiconductor fabrication units needed to drive growth of the country's computer hardware industry. The fab city plan is in initial discussion stages with few details available. Whatever state is chosen will need to address water and power issues. Intel has chosen India over China and Vietnam for its proposed $400 million assembly test manufacturing facility, said Maran. "We have been successful in convincing them (Intel) to choose India over China or Vietnam," Maran told The Hindu Business Line. Though the report said Intel will soon select the India location for its facility, it also noted the semiconductor giant is concerned about infrastructure issues, including water availability. According to Maran, AMD is also interested in investing in India and its chairman Hector Ruiz will be visiting the country to discuss plans. During his U.S. visit, Maran also asked Applied Materials and IBM executives to consider jointly setting up a 90-nm/65 nm semiconductor fab in India. Telecoms equipment maker UTStarcom is sending a team to India this month to see if it can use its VoIP-based connectivity solutions in the country's villages. In addition, Maran has also met with Flextronics to discuss the possibility of locating manufacturing here.

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