The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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Manickam: India is not yet ready for a $5B advanced wafer fab
“But I don't think our country is ready for even five billion dollar fab because that's, you know, very high end, you know, nodes and all, you have to walk before we can run.”
Manickam: Whichever nation masters semiconductor manufacturing will rule the world
“Whoever, you know is able to master this is going to rule the world, right? I mean, this, I think, fundamentally, that has come to, you know, believe, right?”
Manickam: Asian fab engineers work seven days weekly unlike US workforce
“A Korean engineer or a Taiwanese engineer, you know, will work seven days a week, right? To get the process done and so on, right? Whereas in the US, you know there is you know, much more restrictions on labor and stuff like that.”
Manickam: Indian chip startups must conquer local market before going global
“We have an opportunity to create Indian companies and the Indian companies should focus on the Indian market first, right? Because this is where you learn how to build products or you learn how to improve on a product, right? You know, quality performance, how…”
Manickam: Supporting foreign chip GCCs is not true semiconductor sovereignty
“I think, you know, the problem that I see for India could be that because of the GCCs and, you know, because we did a lot of software, IT and all that, right? For foreign companies, right? I hope the semiconductor doesn't take that path, right? Of, you know, j…”
Manickam: China will achieve self-sufficiency or cease importing US chips
“I think China will, you know, will be, you know, self-sufficient or at least, you know, make sure that they're not importing from us. So I think that is going to accelerate now.”
Manickam: Global tech innovation will fragment across India, China, Europe, and Japan
“Innovation is going to become not just concentrated in one country anymore. It is going to be India. It's going to be China. It's going to be Europe. It's going to be Japan, right? So there's going to be a lot more fragmented innovation that's going to happen.”
Manickam: Mega factories will give way to distributed manufacturing in 10-20 years
“I have this feeling that all this, you know, concentration of this, you know, whether it's a mega factory or mega bank, you know, everything mega mega, right. I think it's going to become more distributed in the next 10 to 20 years.”
Manickam: Semiconductor Manufacturing Does Not Create Many Jobs Due to Automation
“Semiconductor doesn't create, you know, many, many jobs. Because it's very highly automated, especially manufacturing is very highly automated and so on.”
Manickam: India Will Democratize Semiconductors Like It Did Pharmaceuticals
“And I think, you know, semiconductor will eventually be something like that. I, you know, I believe, right? Where, you know, it will become more and more affordable, right?... So I think, you know, India will democratize a lot of this, you know, in my opinion.…”
Manickam: Product innovation is impossible without domestic manufacturing capabilities
“Without manufacturing, right, you cannot create innovative products, you know, so you need that feedback and, you know you know, how, how they work together.”
Manickam: Indian Investors Struggle With High Semiconductor Tool and Salary Costs
“I personally have given a lot of talks to the financials committee And they're, you know, starting to open up their purse. They're a little bit you know, not used to this, right? Because most of the funding goes towards salaries or to tools, right? In our busi…”
Manickam: India Reaching 3nm Chip Manufacturing in 10 Years Is Very Optimistic
“Definitely. I mean, 10 years is a good, you know, is very optimistic.”
Manickam: India needs thousands of small suppliers, not single capital-draining giants
“See equipment making is basically, you know, the big companies like apply materials and lamb research and all that, they're big fab equipment. They basically integrate, right? They have thousands of suppliers, thousands, and each supplier will be a small guy. …”
Manickam: Software companies are 'daylight robbers' profiting off hardware engineers
“So I always think that, you know, the software guys are daylight robbers right now. So the highway has been built by this, you know, hard, you know, hardware people, and they just take advantage of it, right? So they build, you know, applications on top of it.”
Manickam: It will take India 20 years to match TSMC's manufacturing
“Now on the manufacturing, you know, if you want to be like a TSMC, it's probably going to take 20 years.”
Manickam: You cannot build a successful chip company without domestic manufacturing
“I'm a big believer that without manufacturing, you can't build a chip company.”
Manickam: India Is the Next Major Market Available for Taiwanese Tech
“The next big country market available to them is India.”
Manickam: India's semiconductor market is 100% reliant on foreign imports
“We have an Indian market, right? Which is basically owned by foreign companies today, right? It's all a hundred percent imported from semiconductor standpoint.”
Manickam: Indian Chip Solutions Will Be More Practical and Frugal Than Nvidia's
“I always say that when you a solution coming out of India will be completely different for the same problem. Let's say you give a problem to, you know, to Nvidia and to a local company here, right? The solution will be different, right? And I think our solutio…”
Manickam: Private Chipmakers Will Accept Government Equity Stakes for Subsidies
“When you're giving, you know, say, 10,000 crores, and if the government says, hey, you know, give me five percent equity, and you think the private sector will not give you five percent to get 10,000 crores? I think it's a very simple argument, right? They wil…”
Manickam: India makes zero LEDs and imports 100% from China
“We don't make any LED in India. It's a hundred percent imported from China.”
Manickam: Indian Governments Fund 70% to 75% of Semiconductor Projects
“50% from central government, states, 20, 25%. So 70, 75%, right, is coming from the governments, right, all this.”
Manickam: Bangalore Has 1,000 People Who Could Invest 100 Crore INR
“Bangalore would have, you know, thousand people who can put a hundred crore each, right? And, you know, they won't even know that they've taken a hundred crore out of the bank, right?”
Manickam: Tech industry is shifting back to vertical integration for silicon
“I believe now we are going one full circle, right? So all that outsourcing, you know, has happened, right? Now, you know, they're trying to become vertically integrated again, right? So this system companies want to make their own chips, right?”
Manickam: Nvidia's dominance stems from optimizing hardware for its CUDA software
“The reason why NVIDIA is successful is because they actually had this software, AI software, they call it CUDA, right? So now they had that hardware that runs this CUDA very, very efficiently.”
Manickam: Nvidia would not have survived long-term without the AI boom
“If AI was not there, you know, NVIDIA would not have been able to survive in the long term, right?”
Manickam: Southeast Asian chip hubs lack talent depth for fabrication
“Malaysia, Thailand, Philippines, and Singapore and all that, they have a lot of manufacturing and not so much on the fab, but on the backend, we call packaging and so on. But the depth of, you know, engineering requirements, right? Are still not there, right? …”
Manickam: Semiconductor companies with in-house manufacturing are currently struggling
“If you look at Broadcom, Qualcomm, they're all, you know, fabulous chip. They don't have any manufacturing. The guys who have manufacturing are struggling.”
Manickam: The US has lost semiconductor process capabilities over 30–40 years
“And in this last, I would say, 3040 years, right? We've lost, I mean, when I say we, meaning, you know, US has lost the expertise, the capabilities of process, right?”
Manickam: High pay will eventually draw US workers into semiconductor manufacturing
“You know, and, you know, money-wise, right, obviously, you know, a semiconductor pays really well. So I'm sure, you know, being a very capitalist society, people will eventually get into it. It's going to take a, take some time to do it.”
Manickam: Taiwan Was Historically the Largest or Second-Largest Investor in China
“In fact, I think Taiwan was the biggest investor in in China for a long time. I think next only to Japan.”
Manickam: The US CHIPS Act Is Essentially Viability Gap Funding
“A lot of these companies, if they have to do it in the U S completely, they will need this, you know, in India, we call it viability gap funding. Right? So that Chips Act is basically a viability gap funding.”
Manickam: Western and Japanese Chipmakers Won't Build Low-Cost Microcontrollers
“You look at, you know, US or European countries or even Japanese companies for the matter, right? They need to have, you know, 55% gross margin and net margins about 40% or so, right? They have certain criteria, right? And they will not be interested in, you k…”
Manickam: Domestic Indian Firms Designing 2nm/3nm Chips Are 4-5 Years Away
“Indian company designing a two nanometer, three nanometer, Indian, Indian company, not a GCC. It's a ways off. I would say probably four, five years from now.”
Manickam: YES built complete wafer fab deposition equipment in Coimbatore
“There's a company called YES, which actually make a deposition equipment for the wafer fab. They made the entire equipment out of Coimbatore. They started about, I think, seven or eight years ago as engineering development in Coimbatore, because I was involved…”
Manickam: Soft Loans Fund Chip Startups Better Than Direct Government Grants
“So low cost loans and soft loans will be a better way of, you know, creating more companies and move faster.”
Manickam: Hardware requires complex global multi-player coordination unlike software
“It is hard because it involves a lot of multiple players that you will have to interact with versus, you know, software, right? You pretty much, you can create your own software package and then so The engagements that you'll need to have within the ecosystem …”
Manickam: India has many chip designers but zero domestic chip companies
“We have a lot of chip designers, but we don't have a chip company.”
Manickam: TSMC is the only game in town for leading-edge nodes
“If you want to go into the highest node possible, you have to, you know, TSM is the only game in town.”
Manickam: Application-specific custom silicon is no longer prohibitively expensive
“You can now differentiate your products based on the application and it is not too expensive to do that now.”
Manickam: Nvidia charges $20,000 to $30,000 per module due to zero competition
“But because they're only game in town, they can charge 20,030 thousand dollars per, per module.”
Manickam: NVIDIA cannot maintain a 90% market share indefinitely
“I always believe that you can't hold like 90% market share in anything. Right. So eventually, yes, you know, I know how quickly it is, you know, anybody's guess.”
Manickam: Bangalore produces more engineering graduates annually than all of Taiwan
“Bangalore will have more than, right? You know, the entire Taiwan put together, right? Or Chennai, for example, right? You know, they have so many engineering colleges and all that.”
Manickam: Global semiconductor market will double to $1T in ten years
“The semiconductor market is supposed to double, right? It's about half a trillion right now, right? 506 hundred billion dollars is a semiconductor market. It's supposed to double. Right. It took about 40 years. So, you know, to get to this level in the next 10…”
Manickam: India's Semicon 2.0 budget will target ecosystem and product companies
“The two point O is going to be announced, you know, the next budget. And there's significant amount of money that is coming. Now they may focus on the ecosystem guys, equipment guys there are chip product companies and so on. May not be as much for the manufac…”
Manickam: India currently imports nearly 100% of its semiconductors
“No, today, almost hundred percent semiconductor is important. Nothing is made here. Hundred percent.”
Manickam: Ambien Scientific Builds Edge AI Processors From Bangalore House
“This morning I was in a company called Ambien Scientific, right, which makes edge processes, right? About a 40, 50 people team here, small office, right? You know, it's actually in a house, right? Two floors in a house, and excellent engineers, right? All youn…”