L&T Semicon expects its chip production to start in 2 years; to set up unit later

L&T Semiconductor Technologies plans to manufacture its designed semiconductor products within two years, aiming to establish chip manufacturing plants after reaching a revenue threshold of USD 50 million to USD 1 billion. Currently, they are forming teams for about 15 different products and have signed an agreement with IBM for advanced processor design. https://ift.tt/bd1sJCn