Page 23 - Semiconductor Industry

Indian manufacturing unit to be operational by early 2025, says Micron CEO

Global memory and data storage major Micron Technology on Thursday said the first phase of its plant in Gujarat's Sanand will become operational in early 2025. It has already started construction of the plant by roping Tata Projects, and the hiring process has also begun, the US-based company's president and chief executive Sanjay Mehrotra said at the Vibrant Gujarat Global Summit here. "The first phase, which will include 5,00,000 square feet of plant clean room space, will become operational in early 2025," he said. The investment was first announced during the US visit of Prime Minister Narendra Modi in June 2023 and construction had begun in September. Micron has committed to invest over USD 800 million in the plant of the over USD 2.75 billion cost. The "clean room" typically hosts an Assembly, Testing, Marking and Packaging (ATMP) plant which operates in near-zero dust and vibration environment. Mehrotra said the company will ramp up capacity over time as per global demand a

Simmtech preparing for another colocation investment with Micron: CEO Chun

South Korean semiconductor critical parts maker Simmtech is preparing for another colocation investment with Micron, company Global CEO Jeffery Chun said on Wednesday. In his address at the 10th Vibrant Gujarat Global Summit here, he said the company is ready to make "a significant investment in India and create thousands of job opportunities for high skilled talents in the state of Gujarat together with Micron". "The Vibrant Gujarat Global Summit 2024 showcases the global movement of creating a new supply chain network in a fast growing nation like India, and Simmtech as a company from Korea is very proud to be part of this movement to achieve a new milestone, making a prosperous Gujarat or self reliant India supply chain," he said. Chun further said," We are now preparing for another round of colocation investment in India." Following Micron's investment plan in Gujarat, Chun said,"... with the support from the central and state government, we are ready to make a significant ...

TSMC posts flat Q4 revenue but beats market expectations on AI boom

For December alone, TSMC reported that revenue fell 8.4% year-on-year to T$176.3 billion, which was down 14.4% compared with the previous month

Tamil Nadu to come up with semiconductor policy during investors meet

The government is expecting a record investment during the investors' meeting

Govt considering anti-dumping duty on circuit boards imported from China

The commerce ministry's arm DGTR has recommended imposition of anti-dumping duty on imports of printed circuit boards imported from China, Hong Kong for five years to protect the domestic industry from cheap inbound shipments. The Directorate General of Trade Remedies (DGTR) has recommended the duty after conducting an investigation on the dumped imports of these boards from these two countries. The PCBs (printed circuit boards) are assembled with electronic components like transistors, resistors, and capacitors. It is used in cars, telephones, ovens, toys, televisions, computers, and lighting solutions. "The authority recommends imposition of anti-dumping duty on the imports of the subject goods originating in or exported from China and Hong Kong for a period of five years...," the DGTR's notification has said. It added that imposition of the duty would not affect the availability of the product to the customers. The Indian Printed Circuit Association has filed an application for

Semiconductor: The new driver of geopolitical balance, economic growth

Semiconductors stand as the linchpin of a modern technological landscape, with their significance across a myriad of industries, from automobiles to aerospace, defence, and healthcare

Biden administration announces $162 mn to expand computer chip factories

In August 2022, Biden signed the bipartisan CHIPS and Science Act, which provides more than $52 billion to boost the development and manufacturing of semiconductors in the United States

Gujarat in talks with chipmakers in Japan, US, South Korea: Bhupendra Patel

The state government will focus on renewable energy, green hydrogen and green ammonia, among other investment sectors, during the summit, he added

UP CM Yogi issues instructions to prepare semiconductor policy of state

According to estimates, the global semiconductor ecosystem is expected to have generated revenues exceeding $950 billion in the fiscal year 2022

Huawei sales near $100 billion in year of semiconductor chip breakthroughs

Sales jumped to more than 700 billion yuan ($98.7 billion), their fastest pace of growth in years thanks to a resurgent smartphone business and robust 5G equipment sales

Samsung Electronics delays production at new US chip plant to 2025: Report

Revisions to TSMC's and Samsung's plans would mean their new plants, worth tens of billions of dollars, may only come online after the US presidential election next year

Amid legal tensions, Israeli chipmaker Tower resubmits semicon proposal

Tower Semiconductors' fresh proposal to open a semiconductor fabrication unit for 65 nm and 40 nm chips in India is facing legal challenge from former Partner Next Orbit Ventures

US to gather intelligence on Chinese chipmakers as Biden mulls tariffs

In January, agency's Bureau of Industry and Security will survey more than 100 cos in autos, aerospace, defense and other to understand how they procure, use legacy chips, according to official

Gujarat's dedicated semiconductor policy drawing global players, says govt

Chip maker Micron Technology's decision to set up a $2.75-billion plant at Sanand near Ahmedabad indicates that Gujarat's dedicated semiconductor policy is bearing fruit and attracting global players, the state government has said. Gujarat had in July last year announced a dedicated policy to draw new investments in the semiconductor sector by offering incentives and subsidies to start operations in the state. The Gujarat Semiconductor Policy', unveiled by Chief Minister Bhupendra Patel, will remain in force till 2027. The policy has been designed in line with the Centre's India Semiconductor Mission' to attract and facilitate new projects in the sector, the government said in a release. Under the policy, the state government will set up Dholera Semicon City' near Ahmedabad where eligible projects will be given subsidies for setting up manufacturing units, it said ahead of the state's Vibrant Gujarat Global Investor Summit next month. At the facility, eligible projects will be give

Centre to launch Rs 10,000 cr sop scheme to boost chip ancillaries

This plan will be an overhauled version of the SPECS scheme and is likely to be launched at the start of the next financial year

Tata Group planning Rs 40,000 crore semiconductor unit in Assam: CM

Tata Group is planning to set up a semiconductor processing plant in Assam at an investment of about Rs 40,000 crore, Chief Minister Himanta Biswa Sarma said on Friday. Addressing a function here, he said it has approached the Centre for the final nod after discussions with the state government, and the go-ahead is expected soon. "There is a very good news for us. Tata Electronics Ltd has submitted an application for setting up an electronic centre at Jagiroad," Sarma said. "They have submitted a proposal to the Government of India with an outlay of about Rs 40,000 crore," he added. Jagiroad, in Morigaon district, is about 55 km from the state's largest city Guwahati. Sarma said the Tata Group held initial talks with the state government about the semiconductor assembly and packaging plant, and satisfied with the discussions here, they have approached the Centre. "If all goes well, we will see a major investment in the state which will create a positive environment for ...

Driven by artificial intelligence, Micron sees robust chip demand

The market size for global semiconductor memory was valued at $104.58 billion in 2022 and the worldwide semiconductor memory market is expected to touch $201.91 billion by 2032

Bengaluru gets AMD's new global design centre, to accommodate 3K engineers

India's semiconductor market is expected to touch $64 billion by 2026, almost three times its size of $22.7 billion in 2019, according to Counterpoint Research and IESA

Semiconductor chip foray plan adds $3 billion to Murugappa Group's value

It would also provide investors an opportunity to bet on a sector that's added trillions of dollars in stock values globally this year, but has been largely absent from India's $3.7 trn equity market

Messe Muenchen India, SEMI collaborate to organise Semicon India next year

Global exhibitor Messe Munchen's Indian arm on Friday announced its collaboration with industry body SEMI to organise the next edition of Semicon India in 2024. It is an annual conference and exhibition of electronics and semiconductors. SEMI is a global industry association that connects more than 3,000 member companies and 1.3 million professionals worldwide to promote the technology and business of electronics design and manufacturing. According to a statement, Messe Munchen India -- the Indian subsidiary of one of the biggest Global exhibitors Messe Munchen GmbH and a leading organiser of trade fairs -- and SEMI have officially inked the agreement. The next edition of Semicon India will be held in September 2024. The collaboration comes in the wake of the earlier announcements by the India Semiconductor Mission (ISM) at the Semicon India 2023 in Gandhinagar. Messe Muenchen India CEO Bhupinder Singh said, "India's demand for semiconductors is valued at USD 24 billion today, an