Chip Production Challenges

Revathi emphasizes the importance of enhancing foundry capabilities to address the current chip shortage, highlighting announcements from key players like TSMC and Intel. While immediate improvements may be seen within 12 to 24 months, the long-term goal involves increasing domestic production capacity, particularly in memory manufacturing, which will take more time due to existing capabilities in Southeast Asia. Additionally, she discusses the potential for integrating electronic products, such as chargers and battery management systems, while steering clear of mechanical car assembly.