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India software firm Zoho plans to invest US$700 million in a compound semiconductor fab and is seeking government incentives for the project, Reuters reports, noting the software and services firm has also said it plans to design chips. Zoho competes with Salesforce in CRM and…
Sridhar Vembu's Zoho to make chips? $700 million plan REVEALED https://t.co/ebYBXaueid
Zoho to enter into fab space - the founder, Sridhar is amazingly a mission driven person and I wouldn’t be surprised if he took zoho to new heights in semis space. https://t.co/6cPLeAdnBT
Zoho, a SaaS unicorn, is planning to venture into the semiconductor industry by investing $700 million in setting up a compound semiconductor plant in India. The founder, Sridhar Vembu, is leading this initiative, seeking government incentives for the project and aiming to design chips.