Page 26 - Semiconductor Industry

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

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

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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 .