HCL eyes 25% display chip share in next 2 years
Jewar, Feb. 23 -- HCL Group, parent of India's third-largest tech services company HCLTech, aims to supply chips for a quarter of India's displays within two years, said chairperson Roshni Nadar-Malhotra on Saturday.
The executive, also the only woman leading one of India's six large-cap IT services firms, was speaking at the inauguration of the company's joint-venture display chip assembly plant in Jewar, Uttar Pradesh.
"It's too early to discuss client names, but there is ample demand, and India has a huge market. We'll roll out the first commercial display chip from our plant in 2028, and look to scale up to our peak capacity of 36 million chips a month very soon. 60-70% of production will be solely for the domestic market where we belie...
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