India showcased its semiconductor ambitions at Semicon India 2025 with the unveiling of its first homegrown chip and a flurry of local partnerships. While global players such as ASML, Tokyo Electron, and Fujifilm expressed support, their moves remain exploratory, underscoring India’s challenge in securing concrete foreign investment.
China’s sustained investment in its semiconductor equipment ecosystem is starting to alter the global balance of power. Markets once controlled by US and Japanese giants are now being reshaped by the rapid ascent of Chinese equipment makers.