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Semiconductor pact with India
July 25 , 2023
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- Japan has become the second Quad partner after the United States to sign an agreement on semiconductor with India.
- This pact signed for the joint development of the semiconductor ecosystem and maintain the resilience of its global supply chain.
- With around 100 semiconductor manufacturing plants, Japan is among the top five countries to have a semiconductor ecosystem.
- The Semiconductor industry will become a USD 1 trillion industry from USD 650 billion at present.
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