TSMC sets up office in India

TSMC has announced the opening up of its office in Bangalore, India with the primary mission of supporting its existing customers with design activities in India. They see a huge increase in the number of advance technology designs coming from India.

What surprises me is their delay till date. With no major advance tech fab in the country, delays in fab investments/policies and spurt of fabless design companies, there had long been the potential of strengthening biz thru local presence.

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