I thought the Israelis are sma

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I thought the Israelis are smart people.

Israel's Tower Proposes $8 Bln Chip Plant in India - Report

BENGALURU, Feb 11 - Israel's Tower Semiconductor has submitted a proposal to India's government to build an $8 billion chipmaking facility in the South Asian nation, national daily Indian Express reported on Sunday.Tower, seeking government incentives for its plan, is looking to manufacture 65 nanometre and 40 nanometre chips in India, the report said.The company and India's IT ministry did not immediately respond to requests for comment.Chip manufacturing is a key plank of Modi's business agen

Israel's Tower Proposes $8 Bln Chip Plant in India - Report

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