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Zoho Halts $700 million Semiconductor Plan

Sridhar Vembu of Zoho announced the suspension of their semiconductor fab plans due to technological uncertainties, highlighting the capital-intensive nature of this industry and the need for government support. This reflects broader challenges in India's semiconductor ambitions amid geopolitical tensions, necessitating sustained R&D investment, talent retention, and strategic partnerships for future success. When Zoho’s founder Sridhar Vembu tweeted today, that his company had “shelved” its muc...

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