India scores its first fab, and it looks like it was at Japan's expense

It looks like India has scored a deal to host its first semiconductor fab, possibly at the expense of a project in Japan. This story starts last March when Taiwan's foundry-as-a-service outfit Powerchip (PSMC) announced plans to help giant Indian industrial conglomerate Tata build a fab capable of producing 50,000 12-inch …

[wscp]

If itll get me a discount on the chips I need (and I doubt it will), power to them I guess.