Gujarat government signs MoU with Micron Technology for semiconductor assembly and test facility

Tags: State News

Gujarat government signs MoU with US chip maker firm Micron Technology for semiconductor assembly and testing facility in Ahmedabad

An Overview of the News

• The MoU was signed in the presence of Chief Minister Bhupendra Patel and Union Electronics and IT Minister Ashwini Vaishnav.

• The semiconductor assembly and testing facility will be located at Sanand in Ahmedabad district.

• The Central Government will provide 50 per cent financial assistance towards the total project cost.

• The State Government of Gujarat will provide an incentive of 20 per cent of the total project cost.

• The Semiconductor Assembly and Test Plant will generate 5,000 direct employment opportunities.

Micron Technology:

• Micron Technology, Inc. is an American manufacturer of computer memory and computer data storage.

• Their product portfolio includes dynamic random-access memory (DRAM), flash memory, and USB flash drives.

• Micron markets its consumer products, such as memory modules, under the Crucial brand.

• Micron and Intel collaborated to form IM Flash Technologies, which focused on the production of NAND flash memory.

• Micron owned Lexar between 2006 and 2017, further expanding its presence in the flash memory market.

• Establishment - October 5, 1978

• Founders - Ward Parkinson, Joe Parkinson, Dennis Wilson and Doug Pittman

• Headquarters - Boise Idaho

About Gujarat

• Capital - Gandhinagar

• Chief Minister - Bhupendra Bhai Patel

• Governor - Acharya Devvrat