The Union Cabinet on Tuesday approved two new semiconductor plants in India, including one that could be the country’s first commercial display facility, in a fresh boost to New Delhi’s chip ambitions. These plants are likely to be the last ones to receive clearance under the first iterations of the Rs 76,000 crore India Semiconductor Mission (ISM), with ten other plants having previously received approvals.
Crystal Matrix Ltd (CML) will establish an integrated facility for compound semiconductor fabrication and assembly based on GaN (Gallium Nitride) technology for manufacturing Mini/Micro-LED display modules. The integrated facility, which will come up in Dholera, Gujarat, will also provide GaN foundry services.
The proposed products will have applications in large displays for TVs and signages/commercial displays, medium-sized displays for tablets, smartphones, and in-car displays, and micro-displays for extended reality (XR) glasses and smart watches. The project will cost Rs 3,068 crore, with approximately 50% of capex costs covered by the government under the incentive scheme. Read more
Source: Indian Express