New Delhi US-based semiconductor fabrication equipment supplier LAM Research is setting up its second research and development (R&D) center in India in September. In an interview, Rangesh Raghavan, Corporate Vice President and General Manager, LAM Research, India, said the new facility will help the company’s engineers to complete designs locally and reduce dependence on US counterparts.
“This will improve efficiencies. Until now we have relied on US counterparts to build and test our designs.” In which thin films of materials with AR/VR-enabled capabilities are deposited onto a wafer), etching (chemically removing layers from the surface of a wafer), and wet processing units (for etching and cleaning wafers). used for).
LAM Research is a leading supplier of equipment for semiconductor manufacturers such as Intel, TSMC, Samsung and Micron. The company already has over 2,000 employees in India and the new facility will help bring most of its work to the country. “This will help in developing a network of local suppliers, which will contribute to the economy,” Raghavan said. According to an April 2022 report by industry body Indian Electronics and Semiconductors Association (IESA), India could contribute $85-100 billion. Global $550-600 billion global market for semiconductor manufacturing by 2030.
Raghavan said that while semiconductor manufacturing in India is in its early stages, its participation in the ecosystem is already very strong from a design perspective. Large chip design firms including Intel, Texas Instruments, Qualcomm and Nvidia are already designing chips in India.
In addition, he said that more than half of the company’s hardware and software engineers are based in Bengaluru. “More than 80% of our revenue comes from the Asia Pacific region. We have made significant investments over the years and have grown significantly in India. We have seen 100 per cent growth in India in the last two years.”
Last December, the government announced 76,000 crore production linked incentive scheme for chip manufacturing and design. Domestic conglomerates, Vedanta and Tata Group, are set to build manufacturing facilities in the country.
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