Also known as microcontrollers, these RISC-V-based chips are found in vehicles, robots, office machines, medical devices, mobile radio transceivers, vending machines and home appliances, among others. With Mindgrove entering the game, Indian Original Equipment Manufacturers can use an Indian chip in their products which is estimated to cost 30% less than others without compromising on high-end features. Thus, we set out to design chips that target the middle market. India is planning to create an entire value chain of semiconductor in India, starting with its design, fabrication and ATMP (Assembly, Test, Marking and Packaging) facilities. “India consumes over a billion chips a year and anywhere between 10 to 50 million of them can be replaced by Secure IoT.

Source: Indian Express May 07, 2024 02:46 UTC