Nov 01, 2004This article was originally published by RFID Update.
November 1, 2004—The Indian business technology press is abuzz today over the prospect of the country's first chip manufacturing plant, with RFID chips and devices being considered as prime opportunities for the plant's product. In a country whose technological output includes far more software than hardware, it has long been a policy goal to establish a silicon foundry in the interest of diversifying national expertise. So today's news that the communications and IT ministry had begun a feasibility study into building a silicon foundry for hot wireless RFID technology was exciting indeed. The ministry's spokesman acknowledged the project but tried to temper any overreactions, saying that while India is "moving in the right direction," foundry development remains far from certain. And no wonder: the required investment price tag for such a plant is $3 billion.
Read the article at EE Times
