Mumbai, Dec. 10 -- The Tata Group has officially issued a statement that Tata Electronics has signed an MoU with Intel Corporation to explore strategic collaboration in semiconductor manufacturing, advanced semiconductor packaging and AI-enabled computer solutions in India.
The partnership aims to strengthen India's domestic electronics and semiconductor ecosystem and build a geo-resilient supply chain.
As part of the Memorandum of Understanding, both companies will explore the manufacturing and packaging of Intel products for local markets at Tata Electronics' upcoming semiconductor fabrication and Outsourced Semiconductor Assembly and Test (OSAT) facilities, according to the statement.
"In addition, Intel and Tata intend to explore the...