SemIndia to invest US$3bil in chip plant


  • Business
  • Thursday, 01 Dec 2005

NEW DELHI: SemIndia plans to invest US$3bil in a semiconductor chip-making factory in India, with technology from America's Advanced Micro Devices Inc (AMD), officials from the companies said yesterday. 

AMD would transfer micro-processor and logic manufacturing technology to SemIndia, and may take up a stake in the proposed plant, AMD Inc chief executive officer Hector Ruiz said at a news conference. 

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