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During COVID-19,TA plans to develop and produce 700 million LED driver chips by itself

During COVID-19,TA plans to develop and produce 700 million LED driver chips by itself

According to Indian media reports, India has established a non-profit organization, the EPIC Foundation, which aims to revitalize the Indian electronics industry by creating Indian-made electronic products and Indian brands.
 

According to the report, the EPIC Foundation intends to stimulate the demand for "Made in India" semiconductor chips in downstream applications by expanding the production of electronic products in India, such as LED light bulb products already produced in India and targeting the local market.
 

According to reports, the EPIC Foundation will make every effort to revitalize Indian electronic products and Indian brands from the design and production of electronic products to semiconductor chips. Specifically, the EPIC Foundation plans to produce 700 million LED driver chips and 10 million tablet computers, and also aims to create a $45 billion market for Indian electronic products.
 

At the press conference on the same day, the EPIC Foundation launched two main products: 10.1-inch tablet computer (positioning education and other markets) and LED driver chip. Among them, the design and production of LED driver chips will be supported by the Indian Light Source and Device Manufacturers Association (ELCOMA).

It is reported that the top 10 LED companies in India have indicated that they will purchase this LED driver chip in the future. It is worth noting that India's LED driver chips were mainly imported from China specially during epidemic(COVID-19)

According to the EPIC Foundation, the current demand for LED driver chips can reach 700 million, and it is expected to reach 1 billion in the next few years. In the past 30 years, Indian electronic brands and Indian-made products have continued to decline. So far, Indian-branded products have hardly been seen in the global influence and high-volume electronic product category. At present, the market size of electronic products is 180 billion US dollars, while the market share of Indian products and brands is less than 10%.

To this end, the EPIC Foundation will build an electronic city in Delhi, and join hands with Indian states to build an electronic product design and manufacturing ecosystem. At present, the EPIC Foundation has signed a memorandum of understanding with the government of Delhi, India.

Hope the epidemic (COVID-19) is over soon.