Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing up investments and production capacities to meet market requirements worldwide. The higher memory chip prices have, in turn, led to a rise in production costs for a range of electronic products, including smartphones and laptops.

New companies are likely to invest in India to manufacture memory chips while existing investors will scale up production to address the demand-supply gap in the segment, Union…

Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing…

Union minister Ashwini Vaishnaw anticipates new investments in India's memory chip sector, with existing players scaling up production to bridge the demand-supply gap.

Minister Vaishnaw anticipates increased investment in India's memory chip production to address global supply-demand imbalances.

AI-driven memory demand is pushing up RAM and semiconductor costs, creating fresh supply chain challenges for India’s electric vehicle manufacturers.