Page 29 - Semiconductor Industry

Cabinet to approve Rs 25,000 cr scheme for semiconductor manufacturing

In May, Finance Minister Nirmala Sitharaman said that the Centre is prioritising attracting more investments in India by expanding the production-linked incentive schemes to include semiconductors and

TSMC regains $500 billion mkt cap as investors clamor for AI, chips

Asia's most valuable company gained more than 3% Tuesday, fueled also by hopes that a post-Covid chip downturn is nearing an end

Samsung ex-exec tried to set up semiconductor plant in China. It was a copy

Prosecutors said in a statement Monday they arrested a 65-year-old accused of stealing trade secrets from 2018 to 2019 to reproduce a chip plant in the northern city of Xi'an

We must be a product nation, make our own chips: HCL's Ajai Chowdhry

Countries want to invest in semiconductors. It's very tough to get investments. But in 40 nanometers and above, I believe we still have chance, said Ajai Chowdhry, co-founder of HCLTech

Semicon policy: India aims to leverage potential of high-growth chip market

MeitY eyes a more robust response to a reoriented incentive scheme based on stakeholder feedback

It's now or never for India to take lead in semiconductor sector: SEMI CEO

India has almost everything needed to have a successful semiconductor industry but it still needs to work to reestablish credibility, the head of the world's top advocacy group representing the semiconductor industry has said. From near-zero levels just a year and a half ago, India is now well on its way to having 100 semiconductor design startups by 2024. The Rs 76,000-crore incentive scheme for chip-making, the large talent pool and the skilling programme is playing to the country's strength and mark India's rise as a semiconductor nation. It's now or never (for India in the semiconductor industry), Ajit Manocha, president and CEO of Semiconductor Equipment and Materials International or SEMI told PTI in an interview. Because it takes years to come to the speed and this is a time to do it. Also if we don't do it now, I think we'll lose credibility forever, he said, adding that there might be a couple of announcements before the US visit of the prime minister which would put the ..

Govt in talks with US-based Micron Technology for semiconductor fab factory

The $30.8 billion Micron has 11 manufacturing sites spread across the US, Japan, Malaysia, Singapore, Taiwan and China

ISMC's semiconductor facility plan in India stalled after Tower-Intel deal

A second mega $19.5 billion plan to build chips locally by a joint venture between India's Vedanta and Taiwan's Foxconn is also proceeding slowly

Betting big: Global subsidy race puts a spanner in India semicon works

But other countries are also ramping up their chip manufacturing plans

Govt invites new applications for semiconductor manufacturing unit

Joint venture between Vedanta Resources and Foxconn reportedly denied benefits under state programme

Vedanta-Foxconn chip venture application for India funding to be rejected

Nine months after Agarwal announced the chip partnership to build India's "own Silicon Valley," the project is yet to find a technology partner or license manufacturing-grade technology

Mike Young to take charge as senior VP for Vedanta's semiconductor biz

His appointment comes at a time when Anil Agarwal-led Vedanta has been on an aggressive talent acquisition drive to attract leaders from the semiconductor industry globally

Global DRAM chip demand expected to overtake supply by June: Report

Global DRAM demand is expected to overtake supply as early as July, a recent industry report showed, in a change that would lessen pressure on semiconductor companies reeling from a chip downturn

Vedanta-Foxconn JV set to get govt approval for its chip-making plant

VFSL is a joint venture between India's Vedanta Group and Taiwan's Hon Hai Precision Industry (Foxconn). The two have 63 and 37 per cent stake in the company, respectively

'Business as usual' for Sequoia's early-stage bets amid start-up headwinds

Within the early-stage space, Sequoia remains bullish on AI, deep tech, and semiconductors

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

When asked if the 50% increase was high, he replied: "Yes. But at least you are getting the stuff (chips). It is obviously at the cost of someone else"

Govt to spend $1.2 billion on modernising semiconductor lab in Mohali

Action is part of govt's $10 bn Semiconductor Mission of 2021; Centre sees chip market in India growing at 22% CAGR, reaching Rs 9 trillion or 10% of global market by 2030

Soon to announce policies to position India as semiconductor nation: MoS IT

India is cementing its place in future of global supply and value chains, and soon-to-be announced semiconductor fab and first packaging unit in the offing along with potentially 100 design startups by 2024 mark its rise as a semiconductor nation, Union Minister Rajeev Chandrasekhar said on Friday. From near zero levels just a year-and-half ago, India is now well on its way to having 100 semiconductor design startups by 2024. Currently as many as 27-30 design and semiconductor start-ups are "doing very good work", he said. Citing global companies like Apple, Cisco and Samsung that have deepened their commitment here, Chandrasekhar, who is Minister of State for Electronics and IT, said India's role in future of technology and global supply and value chain as well as innovation ecosystem "is firmly established". "We are shortly going to announce a fab, and shortly going to announce the first packaging investment, we have the ability today to showcase almost 30 design startups and we a

Centre announces $2 bn investment in Mohali's Semiconductor Laboratory

Around 27 startups have emerged in the country's semiconductor industry in recent years, said Union Minister Rajeev Chandrasekhar

MeitY likely to announce financial support for design start-ups on Friday

The roadshows aim at stimulating the next-generation semiconductor designers