Zoho CEO Sridhar Vembu Shelves $700 Million Semiconductor Chip Plan; Cites THIS Reason | Economy News
New Delhi: Software major Zoho has put its ambitious $700 million semiconductor chip manufacturing project on hold, and the company’s Co-founder Sridhar Vembu on Thursday said they were not confident enough in the current technology path to proceed. Vembu explained that since chip fabrication is a highly capital-intensive business, it needs strong government support. “On […]