ISA signs MoU with SEMI

The India Semiconductor Association (ISA), representing the semiconductor driven industry, on Saturday, signed a Memorandum of Understanding with Semiconductor Equipment and Materials International (SEMI), the global industry association representing the equipment and materials supplier to the semiconductor industry.

The MoU is aimed at promoting the semiconductor industry's growth in India.

The agreement also lays the groundwork for exchange of market information, and membership benefits between the respective associations.

Shenoy said: "India has the potential to become a strategic manufacturing hub. SEMI also has an increasing focus on the solar photovoltaic space which is emerging as a sector of importance in India. Our organisations have come together to combine our mutual strengths to build upon it."

"SEMI has a long history of promoting the global expansion of semiconductor manufacturing. This partnership will encourage and enable the membership of both associations to take advantage of combined resources and establish strong collaborative relationships," said Myers.