GEOPOLITICS | U.S.-India Agreement Includes $4.89 Billion Semiconductor Joint Venture

A recent agreement between the United States and India encompasses a significant $4.89 billion semiconductor joint venture involving Essence Global Group. According to Jin10, this collaboration is part of broader efforts to strengthen economic ties and technological cooperation between the two nations. The joint venture aims to enhance semiconductor production capabilities, reflecting the strategic importance of this sector in global trade and technology advancement. This development underscores the ongoing geopolitical dynamics and the emphasis on securing supply chains in critical industries.