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For Micromax, all the infrastructure, all the know-how and whatever we are going to do, that all will be contributed by us.”On hiring, Sharma said, “The plan is to expand the team size to 1,000 people largely on chip design front.” Phison is currently training the manpower here of MiPhi in India.KS Pua, CEO of Phison said, “By uniting Micromax’s localmarketunderstanding with Phison’s world-class storage technologies, we are well-positioned to create impactful solutions across SMBs, automotive, IoT, AI, enterprise workloads, and beyond.”As part of the semiconductor incentive scheme, one of the focus areas for the government is also on the chip design space.

Currently, the government is supportingstartupsin the chip design space.

AI in Harvesting Timing Optimization ✌️【Part-Time Position】✌️Earn fast with just ₹500. Enjoy consistent returns and grow your money month by month!One of the focus of the government, is to enable generation of intellectual property (IPs) in India on chip design.Once the scheme is opened for larger chip design companies, Sharma said, “MiPhi is open to exploring participating in the chip design scheme.”Get liveShare Marketupdates,Stock Market Quotes, and the latestIndia News… Read Moreandbusiness newson Financial Express.

Download theFinancial Express Appfor the latest finance news.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.

AI in Harvesting Timing Optimization ✌️【Part-Time Position】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!The US dollar has risen to a two-year high, which could lead to an increase in oil prices for buyers using other currencies.

Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.

Check the latest petrol and diesel prices in major cities on 20 December 2024.AI in Harvesting Timing Optimization Discover Part-Time Freelance Opportunities