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SEMICONDUCTOR INDUSTRY (CHIP WAR)

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SEMICONDUCTOR INDUSTRY (CHIP WAR)

If I have to write about the emerging technologies which will be on the driving seat in the future, it will be 

Artificial Intelligence (AI)

Internet of Things (IOT) 

5G Technology 

It is interesting to know that all these future oriented technologies depend on the semiconductor chip to collect, process and transmit data. Today everything from missiles to smartphones, stock market, computers, consumer electronics, runs on semiconductors.  

Its not surprising that semiconductor industry’s worldwide sale which was 556 billion US Dollar in 2021 reached to 574.1 billion US Dollar by the end of 2022. The semiconductor industry is projected to have an expected compound annual growth rate (CAGR) of 12.2 % between 2022 and 2029. A 2020 study by SIA and the Boston Consulting Group found that global demand for semiconductor manufacturing capacity is projected to increase by 56% by 2030.

India doesn’t have any chip manufacturing plants but semiconductor industry is in top priority list of the present government. Government will offer incentive schemes of worth Rs 76,000 crore for Research and manufacturing & will also offer a 30 percent subsidy for testing, and packaging facilities of semiconductor chips.    

According to the India Electronics & Semiconductor Association (IESA) India’s semiconductor market was 22.7 billion US Dollar in 2019. Report projects three time growth in India’s semiconductor market to value about 64 billion US Dollar by 2026. Report in Outlook puts India’s semiconductor market on course to be worth 80.3 billion US Dollar by 2028.

ISMC Digital, a consortium of investors, is planning to build a 3 billion Dollar manufacturing facility in India. Tower Semiconductor, an Israeli company, would be the technology partner on that project.

The central government will invest 1.2 billion US Dollar to modernize the 30-year old facility at the Semiconductor Laboratory (SCL) in Mohali (Punjab state) to achieve volume production and create profitable assets. 

SCL presently has the capability to produce 8-inch CMOS microchip wafers used mostly in the country’s strategic areas like the space program (Mangalyaan and the Mars Orbiter Mission). The government’s investment is part of the India Semiconductor Mission’s goal to modernize and commercialize the facility.

The Semiconductor Design-Linked incentive scheme has so far onboarded 27 start-ups, as per the Ministry of Electronics and Information Technology (MEIT).

Now lets focus on chip war going between two major players of semiconductor industry, China and United State America.  Defence applications are likely one of the major reasons behind this war. The tense relation between China and Taiwan open the flood gate for US who committed 52 billion US dollar to semiconductor manufacturing and research in 2022 with the CHIPS and Science Act. Taiwanese chip giant TSMC decided a huge investment of 40 billion dollars in the US for manufacturing three and five-nanometre chips which are the most advanced generations. 

While China which spends more money importing chips than any other product is heaping billions into a chip-building initiative to catch the US’s lead. China wants to unstable America’s economic prosperity and military superiority. 

India has an edge in this war due to its huge domestic consumption market. India also has lots of English-speaking engineering talent and cheaper labour which attracts chip giants to invest in India. 

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Recent posts

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अब बिना किसी एटीएम कार्ड के निकाले रुपये
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10 AMAZING FACTS ABOUT HUMAN BRAIN
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क्या बारिश सिर्फ पृथ्वी पर ही होती है या अन्य ग्रहों पर भी होती है?
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चंद्रयान से जुड़े दस बेहद रोचक तथ्य

Tags

UPSC RRB SSC IBPS CTET UGC NET KVS NVS LIC Online Exam COVID Crisis CBSE CBSE Board CBSE Class 10 CBSE Class 12 Boards Result Class 10 Result Class 12 Result OLE Online Education Board Exams Skills World Youth Skills Day Online Learning Education ICSE Time Management CBSE New Assessment CBSE Class 9 CBSE Exams CBSE News News CBSE Board Exam Tokyo Olympics Tokyo Olympic Games Tokyo Olympics 2020 Olympic Games 2020 Tokyo Olympic Tokyo 2020 eRaksha e-rakhsha erakhsha2021 Cyber Peace Cyber Security Safe Internet Internet Security e-Raksha Competition e-Raksha Competition 2021 Online Classes Cyber Crime e-raksha essay e-Raksha Drawing PET UPSSSC UPSSSC Exams PET Exams Preliminary Eligibility Test Competitive Exams Taj Mahal Symmetrical Symmetry Do you know Did your know Taj mahal Mathematics Math OLExpert Online Learning Online Class Ole Accountancy Accounts Online Classes Basic Terminologies of accountancy OLExperts OLEXpert Class 9 Class 11 Class 12 Class 10 Commerce Online classes Free Accounts Class NCERT Online Learning with Experts English English Language English English Speaking English Dictionaries Online Learning with Expert OLE Education NCERt Entrepreneurs Business Expert Hindi Diwas Hindi Diwas 2021 Hindi Hindi Language Mother Tongue National Language Dual of Lights Nature of Lights Light Source of Energy Newton Huygen Law of Light Dual nature of light Physics Science Learn Science Nicola Tesla Nicola Tesla Struggle Nicola Tesla Inventions Tesla Biographies IBPS IBPS Clerk IIT-JEE 2022 kvpy NDA NEET olympiad NTSE Examination pattern SSC Stenographer SSC SSC selection Post SSC SSC MTS SSC CPO SBI SBI SO SBI PO SBICLERK IBPS SO Police Delhi police state police LEKHPAL VDO UPPET 2022 IBPSPO IBPSPO2022 IBPSPO_XII IBPSPO_EXAMS UPPCL UPPCL Executive Assistant UPEXAM SSCCHSL SSCCHSLResult SSCCPOSI SI Delhi Police IBPS_ClerkXII_Pre ibpsclerk2022 ssc Stenographer C & D SSC Stenographer C & D Exam 2022 upforestguard ibps ibps clerk ibps clerk result SBI PO 2022 sbi 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June Meditation Exercise Healthy Benefits child protection child labour labour prohibition 12 June social justice social justice for all school curriculums education academic goals industrial training certificates career oriented career goals career dream career Women's Hockey Junior Asia Cup certificate courses online certificates Online Certificate Courses Hunar India Government Jobs Atal Tinkering Lab Surds Incdices Football Hero Intercontinental National Day National Statistics Day CUET Answer Key Cyclone Biparjoy Countries Naming Tropical cyclones Lucknow courses certificate best institute goals National Day Doctor 1 July online business business courses Notification All Details IT certification online courses IT certification online test test series mock test examination mock series Mock Test Series Exam Prepration How To Get Your Career Goals HunarIndia Tax Taxation GST Tax Rate Universe Planets Space Rogue planets Solar System ORbit Axis Stars ATL ATAL TINKERING LAB Project based program NITI Aayog AIM HUNAR INDIA Government program Velocity Terminal velocity Force Speed Acceleration Bacteria Cyanobacteria Life Oxygen Semiconductor Inductor Chip War Earth Orbit Sun Rotation Magnetic field Magnetism Aeroponics Hydroponics Plant-growth Methoda Future techniques Frequency radio waves radiation electromagnetic Coriolis effect Equator Gravity Equador Indian Economy Economy GDP Growth Chandrayaan-3 Moon Solar system Rain Human Brain Brain UPI transaction UPI cardless transactions cash withdrawl

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