Minister denies discussion on Intel fab facility in India

By Staff
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Google Oneindia News

Chennai, Sep 17 (UNI) Intel Corporation, the world's largest chipmaker, was not setting up a fab manufacturing facility, but was holding talks with the government on establishing an Assembly-Test-Mark-and-Pack facility in India, Secretary, Union Ministry for Communication and IT Jainder Singh said today.

Talking to newspersons here on the sidelines of Connect-2007, he said the USD 35 billion Company never discussed about setting up a fab in India.

''It has nothing to do with the government's semiconductor policy, which they claim'', he said.

He denied the Intel Board Chairman's charge that the government was delaying announcing the semi-conductor policy, prompting the Company to shift its proposed fab unit to China and Vietnam.

We were in serious discussion for chip manufacturing in India but the government was a bit slow on semiconductor manufacturing proposals, Intel Chairman alleged.

UNI

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