WITH THE VEDANTA-FOXCONN joint venture, Singapore-based IGSS Ventures and ISMC consortium not being able to qualify for subsidy under the ₹76,000-crore semiconductor manufacturing incentive scheme, the government on Wednesday reopened the application window, inviting fresh investors.
The earlier applicants are also eligible to reapply, minister of state for electronics and information technology Rajeev Chandrasekhar said. With the Vedanta-Foxconn JV failing to get a technology partner to make the more expensive 28-nanometer chips, the government has now allowed applicants to explore the possibility of manufacturing the less complex and cheaper 40-nanometer chips.
The 28-nanometer chips are thinner and considered superior, as devices in which they are used can be packed with more features. In comparison, 40-nanometer chips are thicker and demand for these is expected to be less. Analysts said the technology has become so advanced that currently even 4-nanometer chips are being produced.
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