In 50 Words: US semiconductor firm Micron to invest $800m in Indian chip factory

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In 50 Words: US semiconductor firm Micron to invest $800m in Indian chip factory

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US chip firm Micron will invest US$800m in an assembly and testing chip factory in India, which will be worth US$2.75 billion after investment by Indian firms. The move is intended to create a semiconductor ecosystem to foster supply chain diversification in the sector.

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