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, 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
Capital - Gandhinagar
Chief Minister - Bhupendra Bhai Patel
Governor - Acharya Devvrat
Please Rate this article, so that we can improve the quality for you -