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  2. Driven by serious government funding, China is predicted to lead the world in expanding semiconductor production, with a total of 18 new fabs expected to begin production in 2024. The rather substantial 6.4% increase in wafer processing capacity follows a 5.5% rise to 29.6 million WSPM in 2023.

    China to lead semiconductor industry ex…

    www.tomshardware.com/tech-industry/semiconduc…
    WASHINGTON—May 8, 2024—The Semiconductor Industry Association (SIA), in partnership with the Boston Consulting Group (BCG), today released a report on the global chip supply chain that projects the United States will triple its domestic semiconductor manufacturing capacity from 2022—when the CHIPS and Science Act (CHIPS) was enacted—to 2032.

    America Projected to Triple Semiconduc…

    www.semiconductors.org/america-projected-to-tripl…
     
  3. People also ask
    Why is the semiconductor industry growing so fast?The semiconductor industry in our country is experiencing rapid growth fueled by high demand and enabling government policies. Industry experts note a significant surge in demand for semiconductor professionals, with a conservative estimate suggesting a compound annual growth rate of around 100% in open positions over the last three years.

    semiconductor industry: Latest News & Videos, Photos about

    economictimes.indiatimes.com
    What is the future of the semiconductor market in India?This mega market is primarily going to be driven by three industries: smartphones and wearables, automotive components, and computing and data storage. In the same report, Deloitte mentions that by 2030, the semiconductor market in India is likely to expand as much as $85 billion and generate 6,00,000 jobs.

    In-depth: India’s semiconductor vision: Challenges outweigh opportunity

    telecom.economictimes.indiatimes.com
    Will India get a lifetime opportunity for the semiconductor industry?In the same report, Deloitte mentions that by 2030, the semiconductor market in India is likely to expand as much as $85 billion and generate 6,00,000 jobs. It could have been India's moment to grab a lifetime opportunity to compensate for the last 40 years of laggardness of the presence in the semiconductor sector.

    In-depth: India’s semiconductor vision: Challenges outweigh opportunity

    telecom.economictimes.indiatimes.com
    Why is semiconductor manufacturing so important in India?Semiconductor manufacturing is under heavy attention in India at a time when the US is too much dependent on China for chips. Chips of semiconductors are crucial to America’s national security. They power US electronics, automobiles, data centers, and all military systems.

    In-depth: India’s semiconductor vision: Challenges outweigh opportunity

    telecom.economictimes.indiatimes.com
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  4. The Economic Times
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  5. The Economic Times
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    India's chip manufacturing progress under PM Modi begins to jolt …

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  9. The Economic Times
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    INDIA ELECTRONICS AND SEMICONDUCTOR ASSOCIATION

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