“…our collaboration spans those areas, and it’s co-innovation. So, we have got our engineering and business unit teams working closely with Reliance Jio in those areas. And we are committed towards helping customers and partners like Reliance Jio to make the transition from 4G to 5G,” Prakash Mallya, vp and MD of gross sales, advertising and communications group at Intel informed ET.
Intel’s funding arm, Intel Capital, had in 2020 invested Rs 1,894.50 crore to purchase a 0.39% fairness stake in Jio Platforms.
“I would only say that Reliance Jio as a customer and as a partner is one of the most innovative telecom service providers around the world. So, we are committed to collaborating with them to move the cause of evolution of 4G to 5G on edge, on network as well as on cloud,” he added.
Intel mentioned that a number of parts want to come collectively for the complete electronics ecosystem in India and semiconductor manufacturing is part of it. Mallya mentioned that the corporate is “deeply” dedicated to the market, having invested over $7 billion thus far within the nation in the direction of design and R&D services.
“It is going to be a journey. Several components need to come together for the entire ecosystem, and semiconductor is just one part of it. And from an Intel point of view, I would say when you look at our design and R&D facility in the country, we are deeply committed to the market. We have over $7 billion invested and you look at that span of expertise is relevant to every segment,” he added.
The govt mentioned that engineering and design experience is a really crucial factor of the semiconductor ecosystem. “And, we do that today. And the other part of it would be as the ecosystem evolves, our response towards that would also progress right,” he mentioned responding to the query on India’s plan to carry semiconductor manufacturing to the nation.
The Indian authorities is reportedly planning to give an incentive help to the tune of $1 billion per firm for semiconductor manufacturing corporations. The Centre, in March, had invited suggestions from corporations who could also be involved in organising semiconductors and show fab items in India.
In March, Intel CEO Pat Gelsinger mentioned the corporate would up its chip actions, with the corporate additionally pledging $20 billion to broaden manufacturing within the US. The firm has reportedly entered talks to purchase semiconductor firm GlobalFoundries in a deal which might be valued at $30 billion as a part of an ongoing push to increase its chip manufacturing actions within the US and overseas.
“…we made a $20 billion commitment from everything we see from a supply point of view. Right now, the existing facilities and what we have planned for will take care of it. And we are again, deeply committed to India towards supporting the growth and build out of the ecosystem,” Mallya mentioned.