LONDON — Cricket Semiconductor, a company set up with the purpose of building and operating $1 billion analog and power semiconductor wafer fab in India has been in talks with state government of Telangana, according to a report in the New Indian Express.
The report quoted KT Rama Rao, the state's Minister of IT & Communications as its source.
The talks come after Cricket Semiconductor had signed a memorandum of understanding with government of the state of Madhya Pradesh to work towards setting up an analog fab in that state. Madhya Pradesh, capital Bhopal, is a few hundred miles north of Telangana, capital Hyderabad.
The existence of Cricket Semiconductor was first disclosed in a statement from the Indian Electronics & Semiconductor Association (IESA) in February 2015, which referenced the MoU signed with Madhya Pradesh. It also said that Madhya Pradesh had appoved the Analog Semiconductor Fabrication [FAB] Investment Policy, which covers support for any wafer fab investment in the state that exceeded $500 million.
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