HCL Tech aims to double semiconductor biz in 4 years; group needs 2 years to build fab

Barcelona: IT company HCL Technologies expects to double semiconductor services business in 3-4 years following capabilities that it will develop around electronic chip plants to be set by its group firm, a senior company official said here. HCL Group is among the companies that have applied to set up electronic chip plants under the “Scheme for Compound Semiconductors” and HCL Technologies will assist HCL Corporate in end-to-end processing of chips.