Semiconductor: G7 wants to tame China’s economic coercion through semiconductor tech. India could be a key ally.

12 Jun Semiconductor: G7 wants to tame China’s economic coercion through semiconductor tech. India could be a key ally.

Posted at 22:45h in Insights by

Server chip Yitian 710 developed by Alibaba’s in-house semiconductor unit; David Reed, CEO, Vedanta Foxconn Semiconductors Limited on a recent site visit to Dholera, Gujarat, where the company is planning to set up its semiconductor lab; image credit: special arrangement.

Synopsis

The West is making concrete plans to unplug from China in the advanced semiconductor industry. The recent G7 meeting in Hiroshima is a testament to that. All this would be futile if India is not a key partner on the table with G7 countries with New Delhi’s ambitious incentive plans and policies in the semiconductor sector.

Beef, dairy and beer. China suspended imports of these three items from Lithuania in May 2022 after the Baltic country allowed Taiwan to open a de-facto embassy in the country. The result? Taiwan and Lithuania signed a deal on semiconductor technology sharing in 2023. China’s ‘economic coercion’ — the way it imposed conditions on Lithuania — is out in the open. The discourse against China’s economic coercion is developing and the G7 is planning

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