Extract: Why India's Semiconductor Future May Depend On Older Chips, From The Chip Age
\n\nAnother consideration for the future is whether the chip world will be multipolar. What will the steady state look like? Will some countries outspend and box out others? Or will multiple power centres emerge, perhaps targeting separate niches? There are three distinct motivations behind the clamour we are seeing around chipmaking. For some, chipmaking is about economic and national security.
\n\nChips are crucial to both, since they support both large and critical industries, so securing access to chips through local manufacturing provides assurance. For others, it is about geopolitical leverage. Control over chips provides control over rival economies and defences. And for many, it is about ownership in a large and growing industry; the chip market is predicted to double and exceed $1 trillion by 2033.
\n\nA nation may have any or all of the above motivations, but that nation’s political and economic realities will determine whether it can act on them. Advanced chip plants require a commitment of tens of billions of dollars every year to start and sustain them; they also require access to the necessary tools and technologies. Not many nations can make…
Original source: https://www.timesnownews.com/lifestyle
