Does anyone of you know about any *reliable* research study on semiconductors in Pakistan? What the current status is and the potential areas of growth?

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As far as I know, there's no semiconductor fab in Pakistan. However, there are chip design centers operated by companies like Palmchip, Whizz Systems, OpenSilicon, etc.  

http://www.riazhaq.com/2014/04/pakistani-technologist-umar-saif-vis...

Thanks for that... There is plenty of information there for me to go through. I will get back to you, if any questions.

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