Page 26 - Semiconductor Industry

Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar

Micron last month announced plans to build a semiconductor ATMP plant in Gujarat under the government's $10-billion production-linked incentive (PLI) scheme

Govt to expand Semiconductor DLI scheme to larger, foreign firms: MoS IT

The government has set aside $200 million to help semiconductor design firms in innovation

India must emerge as trusted partner in semiconductor sector: Chandrasekhar

It is important for the world to see India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem. Talking to PTI on the sidelines of the Semicon India 2023 event organised at Mahatma Mandir here, he said Prime Minister Narendra Modi's vision for the sector is to create more and more opportunities for young Indians studying in colleges. The chip shortage witnessed recently was a combination of supply chain disruptions due to the Russia-Ukraine war and the COVID pandemic as well as the increased demand for chips in automotive, IOT, computer, mobile phones and mobile telephony, the Union Minister of State for Electronics and IT said. "So, on the one hand, demand was going up, and on the other hand, we saw concentration of chip production in a few countries. It is important now for

Top headlines: India ripe for semiconductor boom, banks' loans, and more

Business Standard brings you the top headlines at this hour

Micron Technology chief discusses plans with PM to boost semiconductor biz

It is not the first time that PM Modi has met the Micron CEO. Earlier in June, when PM Modi visited the US, the two had an excellent meeting

India never disappoints: PM Narendra Modi to global chip companies

India wants the 'first-mover's advantage' in getting global chip manufacturers, says Prime Minister at industry event in Gandhinagar

US chipmaker AMD to invest $400 million in India in next five years

The new centre, which will have an office area of about 500,000 square feet, will expand AMD's office footprint in India to 10 locations

Micron to create 'ready to ship' semicon chips: CEO Sanjay Mehrotra

Micron on Friday reaffirmed its commitment to establish India's first semiconductor plant in Gujarat, creating 5,000 direct jobs and addressing demand from domestic and international markets. "Our team here in Gujarat will transform DRAM and NAND products...into finished component packages, memory modules and solid-state storage drives ready to ship to end customers in India and across the world," President and CEO of the American chip maker, Sanjay Mehrotra, said at the SemiconIndia 2023. Sophisticated chips are part of everyday life, used in mobile phones, refrigerators, cars and high-tech industries, so fostering local industry with carefully-crafted schemes and policy sweeteners will link India to an ever-growing global chip market. Micron announced its decision to set up a semiconductor assembly and test plant in Gujarat during Prime Minister Narendra Modi's state visit to the United States in June this year. The move entails a total investment of USD 2.75 billion (around Rs .

AMD to invest $400 mn in India; Vedanta to start chip making in 2.5 yrs

US chipmaker Advanced Micro Devices (AM) on Friday announced a USD 400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's USD 20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years. Hon Hai Technology Group, also known as Foxconn, earlier this month pulled out of the chipmaking joint venture with Vedanta, and said it intends to apply for incentives under the government's semiconductor production plan. Vedanta Ltd has lined up partners and will begin a foray into chip-making this year. Speaking at the conference, Foxconn chairman Young Liu said the ecosystem for semiconductors in India is for the "very ...

India's talent pool, govt policies make it unique for semiconductor bets

In its first five years of operations, the centre is expected to create at least 500 advanced engineering jobs, along with another 2,500 in the manufacturing ecosystem

Firms to get 50% financial aid to set up semiconductor facilities: PM Modi

Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries. Speaking after inaugurating the Semicon India 2023 conference in Gandhinagar, Modi said every industrial revolution that the world has witnessed was driven by the aspirations of people at different times. The PM said he believes that the fourth industrial revolution being witnessed now is driven by India's aspirations. Modi said India is establishing an entire ecosystem for the semiconductor industry to grow in the country. We were offering incentives as part of the Semicon India programme. It has been increased, and now technology firms will get 50 per cent financial assistance to set up semiconductor manufacturing facilities (in India), Modi said. The semiconductor industry will witness exponential growth in .

Micron to make chips for domestic, global markets at its Gujarat facility

Micron Technology CEO Sanjay Mehrotra said that the Gujarat facility is expected to create up to 5,000 jobs

AMD's R&D plans for India to spur world-class semiconductor design: MoS IT

AMD's decision to set up its largest R&D design centre in India will play an important role in building a world-class semiconductor design and innovation ecosystem in the country, Union Minister Rajeev Chandrasekhar said on Friday. It will also drive tremendous opportunities for large pool of highly skilled semiconductor engineers and researchers and will position India as a global talent hub, Minister of State for IT and Electronics Rajeev Chandrasekhar tweeted. "I welcome @AMD's decision to set up its largest R&D #design center in #NewIndia and expansion of the India-AMD partnership. It will certainly play an important role in building a world class #semiconductor design and #innovation ecosystem," Chandrasekhar tweeted. He went on to add: "It will also provide tremendous opportunities for our large pool of highly skilled semiconductor engineers and researchers and will catalyse PM @narendramodi Ji's vision of India becoming a global talent hub." AMD on Friday announced an ..

India focused on all key elements of semiconductor ecosystem: Vaishnaw

India is focused on all key elements of semiconductor ecosystem from design to manufacturing, and the nation is emerging as a trusted partner in global value chains, IT Minister Ashwini Vaishnaw said on Friday. In today's economy, semiconductors are required in every sector, Vaishnaw said addressing Semicon India 2023. Demand for electronics is growing every year, the minister added. Talking about Micron's mega plans for India, Vaishnaw said construction of the unit will start soon.

Optimistic about India semiconductor path; let's do this together: Foxconn

Foxconn on Friday said it is optimistic about direction of India's semiconductor roadmap, and asserted that Taiwan is and will be India's most trusted and reliable partner. "Let's do this together," Young Liu, Chairman of Foxconn said addressing SemiconIndia 2023. Building an ecosystem for chips in India is "for very brave", he said adding "Where there is a will, there is a way". Lauding the determination of the Indian government in this regard, Liu expressed optimism about where the nation is headed on its semiconductor journey. "Taiwan is and will be your most trusted and reliable partner...Let's do this together," he said. Foxconn is the world's largest contract electronics manufacturer based in Taiwan.

AMD plans to invest $400 mn in India to expand R&D, engineering operations

The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the its largest design center

AMD to invest $400 mn in India over 5 yrs to extend R&D capabilities

AMD on Friday announced an investment of USD 400 million in India over five years, and said the company will be a strong partner in building India's semiconductor ecosystem. The company will open a new research and development campus in Bengaluru, which will be its largest such facility in the world. "AMD will invest USD 400 million in India in 5 years," Mark Papermaster, EVP and CTO of AMD, said addressing SemiconIndia 2023 here. AMD will build on its two decades of growth and successful presence in India, he said, adding that the company expects to add 3,000 additional engineers in India by 2028, as it extends R&D capabilities in the country.

PM Narendra Modi to inaugurate Semicon India 2023 in Gandhinagar today

Prime Minister Narendra Modi will inaugurate 'Semicon India 2023', a national-level event focusing on the semiconductor industry, in Gandhinagar on Friday. PM Modi, who has been on a two-day Gujarat visit, is scheduled to inaugurate the event at 10.30 am. On Thursday, the first day of his tour, the prime minister inaugurated a greenfield international airport near Rajkot city and other development projects on the first day of his tour. He also addressed a gathering in Rajkot city later. The 'Semicon India 2023' inaugural programme will highlight investment opportunities in India's semiconductor sector through an informative presentation and a stimulating panel discussion led by industry, a government release said. The event aims to catalyse the semiconductor industry's progress through networking, technology demonstrations and lucrative business prospects, it said. During the three-day conference ending on July 30, experts in the fields of semiconductor chip, display fab, chip ...

India missed semiconductor bus, now it's a rising force: Chandrasekhar

The programme holds significance as the government-backed India Semiconductor Mission has gained traction in the past few months

Top headlines: Demerger of ITC's hotels biz, share transactions, and more

Business Standard brings you the top headlines at this hour