Canon eyes chip fabrication in India, in talks for lithography machine

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Canon eyes chip fabrication in India, in talks for lithography machine - Business Standard

Quick Summary:

Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with companies setting up facilities here, said its India President and CEO Toshiaki Nomura.

Though Canon did not disclose names, it said there are immense opportunities in this, as many chip manufacturers are now eying India as a new destination for semiconductor manufacturing.

"A lot of Chip manufacturers are eyeing India as a new manufacturing place.