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The need for power management ICs in the nation is predicted to rise as the demand for portable devices such as smartphones and tablets grows, as well as the adoption of consumer electronics. The rise of India’s automotive and industrial industries are the primary growth drivers for the PMIC industry.
India currently imports PMICs from nations such as China and Taiwan for use in mobile phones and other electronic gadgets. Although the country lacks an indigenous facility for chip production, it does have a robust design industry. The Indian semiconductor design industry is well-established, with both global and indigenous businesses functioning in the nation.
In the following years, the government of India is projected to play a key role in the expansion of India’s semiconductor sector. In addition, the government has approved the construction of two semiconductor production facilities in the country. For the Indian PMIC industry, all of these efforts are likely to be game-changers.
The India Power Management IC (PMIC) Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
IDT, a fully owned subsidiary of Renesas Electronics Corporation, announced the industry’s first integrated power management IC (PMIC) for tiny outline and un-buffered DDR5-based dual in-line memory modules (DIMM) targeting a wide variety of laptop, desktop, and embedded computing platforms.
The P8911 from IDT allows next-generation client systems to fully use DDR5 memory, resulting in increased speed, density, and reliability while lowering total system power consumption.
To complement IDT’s increasing portfolio of DDR5 products, the new PMIC joins the previously announced P8900 PMIC, DDR5 RCD, and DDR5 SPD hub.
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