Indian semiconductor group licenses AMD tech

EETimes reports today on a newly-signed agreement between AMD and Indian technology consortium SemIndia. According to the article, SemIndia has agreed to license process technology and x86-related IP from AMD, as well as to invest in a $3 billion dollar wafer fab to be built in India.

No decisions have been made yet about how AMD will be compensated for its IP, where in India the fab will be located, or how equity will be split, but the agreement does state that SemIndia and AMD will jointly develop semiconductor solutions for India in the future. With the ink scarcely dry on the agreement, it'll obviously be years before we see any shipping products, but AMD's ability to secure this type of long-term strategic partnership says volumes about how far the company has come over the past eight years.

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