HSMC is founded by an experienced team Non Resident Indian (NRI) of Silicon Valley. HSMC plans to bring integrated circuit (IC) manufacturing, foundry management and operating services to India. Pioneering the open foundry business model in the India, HSMC would provide fab capacity for a growing number of design houses that need IC fabrication capacity and integrated device manufacturers that outsource their production. HSMC has developed a prudent business model to build a viable and competitive foundry model in India that will enable the company to produce impressive results resilient to cyclical movements of the industry.
βAmerican multinational technology corporationβ
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