HCL Tech aims to double semiconducter biz in four years; group needs two years to build fab

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.

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.