Page 25 - Semiconductor Industry

Kaynes up 14%, hits record high on Rs 3,750 crore MoU with Karnataka Govt

Kaynes will setup Semiconductor Assembly & Testing (OSAT) facility and Printed Circuit Board (PCB) manufacturing plant through its step down subsidiaries.

Chip equipment maker Lam Research to invest under local manufacturing sops

Based in Fremont, California, Lam Research supplies wafer fabrication equipment and solutions for active components used in semiconductor wiring and wafer cleaning

Researchers unveil 'demon particle' that can lead to making superconductors

70 yrs after it was first predicted, scientists discover the elusive particle which can form at any temperature as it has no mass

Intel calls off $5.4 bn semiconductor deal after failing to get approvals

Intel will terminate a USD 5.4 billion deal to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid rising tensions with the United States. It was a mutual decision between Intel and Tower, the companies said Wednesday. Intel said that the deal was terminated due to the inability to obtain in a timely manner the regulatory approvals required under the merger agreement. Intel Corp. will pay Tower a termination fee of USD 353 million, the US semiconductor giant said. The deal required regulatory approval from several regulators worldwide including China, but Chinese regulators did not greenlight the deal by the August 15 transaction deadline, even after Intel CEO Patrick Gelsinger travelled to China last month in a bid to win them over. The scuttled deal between the two companies comes amid increasing US-China tensions, particularly as the US has tightened export controls and imposed restrictions aimed at crippling China's ability to

SRAM, MRAM may onboard SK Hynix, GlobalFoundries for chip plant in India

UK-based SRAM & MRAM Group is in advanced stage of discussion with semiconductor makers SK Hynix and GlobalFoundries to collaborate for its proposed Rs 30,000 crore chip manufacturing plant and a testing facility in India, a top company official said. SRAM & MRAM Group Chairman Sailesh Lachu Hiranandani told PTI that his group will hold majority stake in the joint venture and the application to seek the Centre's approval for the project will be submitted within a week. "We are only the investing partner. We are already in negotiations with SK Hynix from Korea. They are going to be our partner in India. Technical partner has to have all the IPs (Intellectual Properties). Our role is very much defined," Hiranandani said. SK Hynix is among the top three global memory or storage semiconductor companies. SRAM & MRAM Group has proposed to set up a semiconductor manufacturing plant and a testing unit in Odisha. "My vice president is in touch with them (GlobalFoundries). We might

Industrial gas sector charged up on India's semiconductor industry boom

Now, the component industry is seeking government assistance with technology transfer, land allotment, electricity, and capital subsidy, since many new gases will need to be manufactured in India

After laptops, cameras and printers may be next in line for import curbs

For FY23, India's total merchandise imports stood at $714 billion, which is 16.5% more than last year. This has resulted in a rising current account deficit

Domestic electronic manufacturing up Rs 8 trn, semicon import at Rs 1 trn

Indigenous production of electronic goods in the country more than doubled to Rs 8.25 lakh crore in 2022-23 from Rs 3.88 lakh crore in 2017-18, Parliament was informed on Wednesday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to the Lok Sabha said that semiconductors worth Rs 1,29,703 crore were imported in 2022-23. "As a result of several initiatives taken by the Government and efforts of the industry, the domestic production of electronic goods has increased substantially from Rs 3.88 lakh crore (USD 60 Billion) in 2017-18 to Rs 8.25 lakh crore in 2022-23 (USD 101.9 billion) at a Compound Annual Growth Rate (CAGR) of 16.28 per cent," the minister said. The government is focused on its objective of catalysing the overall semiconductor ecosystem to further expand India's already rapidly expanding electronics manufacturing and innovation ecosystem, he added. The minister said that semiconductors form a major part of all electronic products theref

Taiwan is and will be India's most trusted partner, says Foxconn CEO

The world's largest electronics maker is keen to show that its India plans are on track. That is understandable because Foxconn needs India as much as India needs Foxconn

Qualcomm announces appointment of Savi Soin as president of India division

Qualcomm, the largest maker of smartphone processors, on Friday announced the appointment of Savi Soin as president of Qualcomm India, to steer and lead the company's strategy for the Indian market. Rajen Vagadia, Qualcomm India president for the last five years, will relocate to Qualcomm headquarters in San Diego and transition to a new role as a Vice President to lead Global Distribution and Global Carrier Strategy. Soin's appointment will be effective immediately and he will be reporting directly to Jim Cathey, Chief Commercial Officer, Qualcomm Technologies. "Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India," the statement said. As President of Qualcomm India, Soin will lead Qualcomm's strategy in India by fostering relationships with industry partners and the government across mobile, automotive, semiconductor, industrial and IoT and communication infrastructure sectors, the company said. Soin has been

Foxconn to invest $600 mn in Karnataka for components, chipmaking machinery

The world's largest contract manufacturer will also invest $250 million in a second plant where it aims to produce chipmaking tools in partnership with Applied Materials

GlobalFoundries on the lookout for local partners to set up India chip fab

It could take a couple of years before any concrete plans are finalised for the chip fabrication unit

Viral room-temperature superconductor claims spark excitement & skepticism

The papers have sparked wild enthusiasm online. At same time, there are reports of disputes among the Korean researchers over whether the research should have been released at all

Foxconn Industrial Internet denies signing deal with Tamil Nadu: Report

The government of the southern Indian state of Tamil Nadu said on Monday it has signed a deal with Foxconn for a new electronic components manufacturing facility that would create 6,000 jobs

Japan chip equipment supplier Disco to set up center in India: Report

The chipmaking device supplier will consider opening an applications laboratory, which performs test cuts and other experimental processing at customer's request, in India, the report said

K'taka ministers hold talk with Foxconn Chairman on investments in state

Industries Minister M B Patil on Monday said that the Karnataka government had held "fruitful" discussions with Foxconn, a major iPhone assembler for Apple, about intended projects for which the company is keen to invest in the state. Patil, IT/BT Minister Priyanka Kharge and Foxconn Chairman Young Liu were present at the discussions which took place at a private hotel in Chennai, a statement from the Industries Minister's office said. Speaking about the meeting, Patil said that the industrial and investment policies of the state government are conducive to nurturing an ecosystem favouring the growth of industries. Expressing happiness about the discussions, the minister said the talks held with the company chairman were "fruitful". Senior state government officials were also present at the meeting.

US, Europe growing alarmed by China's rush into legacy semiconductors

President Joe Biden implemented broad controls over China's ability to secure the kind of advanced chips that power artificial-intelligence models and military applications

What are semiconductors, and what do they do? Here is all you need to know

Here's everything you need to know about semiconductors and India's strategic push to become a global manufacturing hub

Top headlines: Walmart buys more stake in Flipkart, no-confidence motion

Business Standard brings you the top headlines at this hour

Micron's global suppliers ready plans to co-locate, ask govt help

While speaking at the Semicon India, 2023 global summit, suppliers of raw materials, services and utilities for semiconductor manufacturing revealed their plans to invest in Gujarat alongside Micron