Competition in the chipmaking industry is getting intense.
India's Tata Group plans to begin producing semiconductors in the country within a few years, said Tata Sons Chairman Natarajan Chandrasekaran in an interview with Nikkei Asia. Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, will more than triple its investment in the U.S. to $40 billion, while over in Japan, various players from Sony Group to Rapidus, backed by Toyota Motor and NTT, are rushing to gain a competitive advantage in the market.
As U.S.-China tensions over chips split the global tech supply chain, companies around the world are scrambling to secure stable supplies of semiconductors, for which demand is exploding in areas ranging from consumer electronics to automobiles, and to improve their industrial competitiveness.
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