financetom
Technology
financetom
/
Technology
/
US curbs on Chineses chip will be positive for India in the long-term, says IESA Chairman
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US curbs on Chineses chip will be positive for India in the long-term, says IESA Chairman
Oct 18, 2022 9:17 AM

The United States has ramped up heat on the Chinese chipmaking sector by banning exports of high-end chips manufactured with the use of American technology or personnel from China.

Indian chip manufacturers fear that the move could cause some disruption in the short term, but would benefit the sector in the long run.

Speaking to CNBC-TV18, Vivek Tyagi, Chairman at India Electronics and Semiconductor Association (IESA), said, “Coming to a long-term view, it's positive for India because now, many global companies who are manufacturing traditionally in China may be looking at alternate locations and India could pitch itself as one of the alternatives."

Watch video for more.

Also Read: USA shackles China's chip industry with export controls on high-end semiconductors

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved