कोशिश गोल्ड - मुक्त
Zoho Pulls the Plug on Semicon Manufacturing Plan
Business Standard
|May 02, 2025
Tamil Nadu-based software-as-a-service (SaaS) major Zoho Corporation has shelved its plan to build a $700 million compound semiconductor fabrication plant, the company's founder Sridhar Vembu said.
"On our semiconductor fab investment plan, since this business is so capital-intensive it requires government backing, we wanted to be absolutely sure of the technology path before we take taxpayer money. We did not have that confidence in the tech so our board decided to shelve this idea for the time being, until we find a better tech approach," Vembu said on X.
यह कहानी Business Standard के May 02, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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