Good opportunity in chip fabrication in India, says Canon CEO

Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with companies setting up facilities here, said its India President and CEO Toshiaki Nomura.

- Press Trust of India

NEW DELHI: Though Canon did not disclose names, it said there are immense opportunities in this, as many chip manufacturers are now eying India as a new destination for semiconductor manufacturing.

"A lot of chip manufacturers are eyeing India as a new manufacturing place. We are discussing with all those chip manufacturers to give our product and service," Nomura told PTI. This is a "good opportunity for us", and the Tokyo-based group can contribute through its technology, products and services in this segment of the Indian market, he added.