Page 20 - Semiconductor Industry

ISMC Analog asks govt to block Tower Semiconductor's chip fab application

ISMC had tied up with Tower, and an agreement was signed on December 31, 2020, for setting up a 300-millimetre manufacturing analogue/mix fab project in India

India now distinct regional priority for Intel: Exec VP Christoph Schell

The global semiconductor industry is projected to reach a trillion-dollar valuation by 2030

US closely watching exports of chips that could boost China's military

The United States is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that could be used to boost its military, U.S. Commerce Secretary Gina Raimondo said Monday. The U.S. export controls were first launched in 2022 to counter the use of chips for military applications that include the development of hypersonic missiles and artificial intelligence. Last year, the U.S. Commerce Department broadened the export controls, sparking protests from China's Commerce Ministry that the restrictions violated international trade rules and seriously threaten the stability of industrial supply chains." China said it would take all necessary measures to safeguard its rights and interests and urged Washington to lift the export control as soon as possible. Asked if the U.S. was planning to further broaden the chip export controls to China, Raimondo said in a news conference in the Philippine capital Manila that

US assessing expansion of chip export to counter China's military expansion

The United States is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that could be used to boost its military, US Commerce Secretary Gina Raimondo said Monday. The US export controls were first launched in 2022 to counter the use of chips for military applications that include the development of hypersonic missiles and artificial intelligence. Last year, the US Commerce Department broadened the export controls, sparking protests from China's Commerce Ministry that the restrictions violated international trade rules and seriously threaten the stability of industrial supply chains". China said it would take all necessary measures to safeguard its rights and interests and urged Washington to lift the export control as soon as possible. Asked if the US was planning to further broaden the chip export controls to China, Raimondo said in a news conference in the Philippine capital Manila that it was .

Huawei chip breakthrough used technology from two US gear suppliers

Lauded in China as a major leap in indigenous semiconductor fabrication, last year's SMIC-made processor powered Huawei's Mate 60 Pro and a wave of patriotic smartphone-buying in the Asian country

Gujarat allots 188 acres for Tata group, CG Power semiconductor plants

Ground-breaking likely on Mar 13; incentives form 70% of project cost

India, S Korea to collaborate in critical tech, semiconductors: Jaishankar

India wants to expand its strategic partnership with South Korea into new areas like critical and emerging technologies, semiconductors and green hydrogen to make the bilateral ties more contemporary, External Affairs Minister S Jaishankar said on Wednesday. Jaishankar's remarks came as he co-chaired the 10th India-South Korea Joint Commission Meeting (JCM) with his counterpart Cho Tae-yul. In his opening remarks, Jaishankar said that during Prime Minister Narendra Modi's visit to South Korea in 2015 the bilateral relations were elevated to a special strategic partnership. "It is important that we live up to that. We have grown from strength to strength in the years that have passed. We have become truly important partners for each other and our bilateral exchanges, trade, investments, defence and science and technology cooperation have all seen a steady growth while keeping up the momentum in the traditional areas of cooperation," the minister said. "We would be very much interest

Nvidia overtakes Saudi Aramco to be world's third most-valuable company

The rally has been relentless this year. The stock has climbed about 70% and added some $883 billion in value

India to be on high-stake global stage of chip makers in 5 years: Vaishnaw

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan, S Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. In an interview to PTI, the minister for IT and electronics said he is of the firm belief that practically every big player would now like to reconsider their investment plans and come to India, given the carefully-crafted policies here. India will build on its design capabilities, where the country already has inherent and proven mettle and, notably, nearly one-third of the global talent. That piece alongside the proposed fab (chip fabrication plant) and the 3 ATMP (assembly and test) units in India now brings together the key elements of semiconductor value chain, effectively, according to him. "...people who were earlier thinking when should we go to India or should we go to ...

CG Power to form JV with 2 foreign entities for OSAT facility in India

Murugappa Group company CG Power and Industrial Solutions has signed an agreement with two foreign entities to set up an Outsourced Semiconductor Assembly and Test facility and plans to invest Rs 7,600 core in India over five years. The two entities are Renesas which is a leading semiconductor company headquartered in Japan and Stars Microelectronics, a Thailand-based Outsourced Semiconductor Assembly and Test (OSAT) provider, CG Power and Industrial Solutions (CG) said in an exchange filing on Friday. "CG, a part of Tube Investments of India Limited and the Murugappa Group, Renesas Electronics Corporation (Renesas) and Stars Microelectronics (Thailand) Public Co. Ltd (Stars Microelectronics) recently signed a Joint Venture Agreement (JVA) to establish a Joint Venture (JV) to build and operate an OSAT facility in India," the filing said. The JV will be 92.3 per cent owned by CG, with Renesas and Stars Microelectronics each holding equity capital of approximately 6.8 per cent and 0.9

CG Power JV to invest Rs 7600 cr in Gujarat semiconductor facility

Facility will be financed through a mix of subsidies, equity and potential bank borrowings

Cabinet clears 3 semiconductor plants with investment of Rs 1.26 trillion

Cabinet approves three more semiconductor units; two in Gujarat and one in Assam

India to emerge as global hub in semiconductor manufacturing, says PM Modi

Earlier on Thursday, the Union Cabinet approved the establishment of three semiconductor units under 'Development of Semiconductors and Display Manufacturing Ecosystems in India

CG Power surges 11% as JV to set up Rs 7,600-cr semiconductor unit

The Cabinet, on Thursday, approved the setting up of three semiconductor plants including CG India's. The construction of these plants will start in the next 100 days

Govt to invest Rs 10,000 crore in SCL Mohali, says Ashwini Vaishnaw

Under the planned revamp, the facility will house a research and development (R&D) centre, the minister said

Govt clears 3 chip plants: Tatas have built their own tech, says Vaishnaw

The Tatas have built their own indigenous ATMP technology. So we won't require a foreign technology partner here

Tata's semiconductor unit in Assam to be gamechanger for NE: CM Himanta

Assam Chief Minister Himanta Biswa Sarma said the Rs 27,000-crore semiconductor plant approved for the state by the Union Cabinet on Thursday will be a game-changer for the economy of the entire North East region. The plant will trigger a new Industry 4.0 revolution in the state, he added. The Union Cabinet approved setting up three semiconductor-making units at an investment of Rs 1.26 lakh-crore as part of an attempt to cut India's dependence on imports to meet requirements of chips, of which one will be in Assam. Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) will set up a semiconductor unit in Morigaon, Assam, at an investment of Rs 27,000 crore. It will have a capacity of 48 million chips per day for automotive, electric vehicles, consumer electronics, telecom, and mobile phones. Construction of the three units will begin within the next 100 days, Telecom Minister Ashwini Vaishnaw told reporters after the cabinet meeting. "People of Assam will remain eternally grateful

Govt has received semiconductor proposals worth $26 billion: Chandrasekhar

The government will soon announce the Bharat Semiconductor Research Centre, according to the Minister

India now key semiconductor player, investment proposals received: MoS IT

India has made significant strides in the semiconductor sector in the last two years during which the government received investment proposals of Rs 2.50 lakh crore from global chip makers, Union minister Rajeev Chandrasekhar has said. In the last 10 years, India has moved out of the league of 'Fragile Five' and become the world's fifth largest economy, the Minister of State for Electronics & Technology said. Speaking at the 'Viksit Bharat Ambassador Meet' organised in Pune on Wednesday, Chandrasekhar said India has become a source of inspiration for countries across the world in terms of its inclusive policies. "We have become a beacon of hope and inspiration for countries across the world in terms of our inclusive policies, in terms of how you transform governance and make governments work for people. In the next few years, the prime minister has set a target for India to become 'Viksit Bharat'," he said. Talking to reporters on the sidelines of the event, Chandrasekhar said ...

Tower's foundry plan may get up thumbs up from Cabinet today: Report

Along with Tower, the Cabinet is also likely to approve the proposals of the Tata Group and the joint venture between HCL Group and Foxconn Group