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India Semiconductor Market Report 2024-2029: Growing Industry Boosted by Local Startup Ecosystem and Innovation, Reliance Jio and Bharti Airtel's Heavy Investments Spur Growth [Yahoo! Fina...
Last cisco systems, inc. earnings: 2/12 04:05 pm
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The semiconductor market plays a crucial role in enabling modern electronic devices and is characterized by rapid growth and innovation. With increasing reliance on technology across various industries, this sector is poised for substantial expansion in the coming years. Major companies in this sector include Samsung, Intel, SK Hynix, and Qualcomm, which dominate the market due to their advanced technologies and manufacturing capabilities. Market trends: The rollout of 5G networks is a primary catalyst for semiconductor demand in India. Major telecom companies like Reliance Jio and Bharti Airtel are investing heavily in infrastructure to support high-performance chips that enable faster data speeds and low latency. A burgeoning ecosystem of startups focused on semiconductor designing is emerging in India. Companies like Kaynes Semicon and various other local firms are contributing to innovation within the industry by developing specialized chips for diverse applications. The
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