Page 31 - Semiconductor Industry

Global chip revenue to decline 11% this year, short-term outlook grim

The PC, tablet and smartphone semiconductor markets are stagnating. The combined markets will represent 31 per cent of semiconductor revenue in 2023 and total $167.6 billion

Govt set to approve Micron Technology's $1-billion semiconductor plant

The global OSAT-ATMP market is projected to grow to $42 billion by 2026. ATMP players are a key link in the value chain of chip making

China's semiconductor imports drop 23% as US, India bolster manufacturing

As the US and India bolster local semiconductor manufacturing, China's chip imports nosedived 23 per cent in the first quarter of 2023, the media reported on Friday.

Indian Semiconductor Mission: Centre invites more companies to set up units

The idea behind inviting these firms to set up plants in India was to ensure manufacturing of chips began on time, said an official

IGSS ropes in lead investor in fab play to meet new conditions

The ISM is examining the three applicants who want to set up a fab plant under the government's $10 billion financial incentive scheme for such plants

Vedanta-Foxconn likely to get conditional approval for fab plant

Neither Foxconn nor Vedanta has substantial experience in fab technology, so they need partners

On-tap application to set up fab plants likely; Meity may consider proposal

The change will give room to more players

Electronics trade group announces IESA new council, Sanjay Gupta is chief

Organisation represents the country's electronics system design and manufacturing industry

Renesas exploring local production of chipset in partnership with TCS

Semiconductor company Renesas is exploring local production of chipsets that the company is developing in partnership with leading software company TCS, a senior official of the company said. Last month, Tata Consultancy Services (TCS) and Renesas Electronics Corporation (Renesas) opened a joint Innovation Center in Bengaluru and Hyderabad to jointly develop semiconductor chipsets for wireless technologies, industrial technologies etc for the global market. Renesas, Executive Vice President and General Manager, IoT and Infrastructure Business Unit, Sailesh Chittipeddi told PTI that the collaboration is on the lines of "Make in India to make for the world". "Partnership with TCS will start bearing fruit in 2 years in the form of semiconductor chipsets and system solutions for both Indian and global markets. We aim to explore pathways to locally produce these chips as part of the Make in India initiative with partnerships," Chittipeddi said. Renesas gets most of its semiconductor mad

US Prez Biden likely to visit Japan chip plant on G-7 summit sidelines

Biden, along with Japanese PM will visit the plant run by Micron Technology's Japanese unit, according to the report, as a sign of their deepening bilateral collaboration in the semiconductor industry

PM discusses landscape in world of semiconductors industry with NXP CEO

Prime Minister Narendra Modi on Thursday said he met NXP's CEO Kurt Sievers and discussed the transformative landscape in the world of semiconductors and innovation. The meeting took place earlier this week with NXP tweeting Tuesday that its CEO Sievers met Prime Minister Modi to discuss strengthening the semiconductor ecosystem, developing STEM workforce and startup ecosystem in India. "We're committed to driving innovation and positive change through our tech solutions," the firm said. Tagging the tweet by NXP, Modi said on Twitter, "Happy to have met Mr. Kurt Sievers, the CEO of @NXP and discuss the transformative landscape in the world of semiconductors and innovation." India is emerging as a key force in these sectors, powered by our talented youth, the prime minister said.

South Korea to surpass China in chip machine spending next year, shows data

Korea will likely increase its investment in fab equipment by 41.5% to $21 billion in 2024 while China logs only a 2% increase to $16.6 billion

'HPE India won over 350 patents in last 3 yrs, complexity increased'

We are no longer just an infrastructure company that sells computing, storage, and networking, said Cynthia Swarnalatha, VP - Engineering, SW CoE, Compute Business Group, and HPE India Site R&D leader

Chip globalisation is over, and sanctions work: TSMC founder Morris Chang

In the chips sector, globalization is dead. Free trade is dead, Chang said at an event in Taipei Thursday

How new semiconductor fabrication chip will power India towards growth

India has also signed an MoU with the USA on establishing a semiconductor supply chain and innovation partnership

China's chip industry poses significant threat to global security: Report

The CHIPS and Science Act signed by the Biden administration in August is a necessary industrial policy to ensure the US maintains its technological edge and protects its supply chain

Govt focussed on semi conductor industry: Union Minister Ashwini Vaishnaw

Minister for Electronics, Railways and Telecom Ashwini Vaishnaw on Tuesday said that the government is focussing on the semi conductor industry for India

Mobius bets big on chip stocks as US, China increase investments in sector

Chip stocks have had a great start to 2023 after rising interest rates led to a carnage in 2022. Investor focus has started shifting to the sector's long-term growth prospects and cheaper valuations

Foxconn Technology eyes second chip plant in India, sans govt incentive

First unit, by Vedanta-Foxconn JV, under PLI scheme

Biden Admin framing new rules to stop US investments in Chinese tech firms

People aware of the developments have said that the programme is likely to cover private equity and venture capital investments in advanced semiconductors, quantum computing, among others