Chipmaking equipment firms consider India expansion amid China-West tensions; SEMI hosts first Semicon exhibition in India in September.

Chipmaking equipment firms are considering expanding in India as an alternative to China amid tensions between Beijing and the West. SEMI, the international chip industry group, will host its first Semicon exhibition in India in September, drawing firms like Tokyo Electron, Applied Materials, and KLA. India's semiconductor-related market is predicted to reach $64 billion by 2026, nearly tripling its size in 2019.

June 14, 2024
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