Page 33 - Semiconductor Industry
US-China chip war wipes out $240 billion as stocks plunge; TSMC slips 8.3%
The Biden administration measures erect barriers of entry to China's market by limiting the ability of US firms to sell equipment and tech to their Chinese counterparts
 "US-China chip war wipes out $240 billion as stocks plunge; TSMC slips 8.3%")
China slams US for export controls on chips, calls it violation of rules
China on Saturday criticized the latest U.S. decision to tighten export controls that would make it harder for China to obtain and manufacture advanced computing chips, calling it a violation of international economic and trade rules that will isolate and backfire on the U.S. Out of the need to maintain its sci-tech hegemony, the U.S. abuses export control measures to maliciously block and suppress Chinese companies, said Foreign Ministry spokeswoman Mao Ning. It will not only damage the legitimate rights and interests of Chinese companies, but also affect American companies' interests, she said. Mao also said that the U.S. weaponization and politicization of science and technology as well as economic and trade issues will not stop China's progress. She was speaking after the U.S. on Friday updated export controls that included adding certain advanced, high-performance computing chips and semiconductor manufacturing equipment to its list, as well as new license requirements for ite
 "China slams US for export controls on chips, calls it violation of rules")
US aims to hobble China's chip industry with sweeping new export rules
The raft of measures could amount to the biggest shift in U.S. policy toward shipping technology to China since the 1990s
 "US aims to hobble China's chip industry with sweeping new export rules")
CM Gehlot invites Vedanta to set-up semiconductor industry in Rajasthan
Rajasthan Chief Minister Ashok Gehlot has invited Vedanta Group to set up its semi-conductor chip manufacturing industry in Rajasthan amid a tussle for the project between Maharashtra and Gujarat. During the inaugural session of 'Invest Rajasthan' Summit held here on Friday, the Chief Minister said that there is a protest going on in Maharashtra on the shifting of the factory to Gujarat. "There is a protest going on in Maharashtra that why Anil Agarwal is shifting the industry to Gujarat. A lot of it has appeared in newspapers. I would like to say you (Agarwal) that there is a fight between Maharashtra and Gujarat. So, shift the industry to Rajasthan," Gehlot said. He further said, "There will be no fight. Rajasthan is your own state. Finish this fight. You are doing a very big investment." The Chief Minister said that after corona pandemic, there is a huge crisis for a semiconductor chip, which is used in mobile phones, laptops and even cars. He said that Vedanta Group is digging
 "CM Gehlot invites Vedanta to set-up semiconductor industry in Rajasthan")
IBM announces $20 billion investment in New York for high-tech projects
Arvind Krishna, CEO of International Business Machines announced a $20 billion investment in quantum computing, semiconductor manufacturing and other high-tech areas in its New York state facilities
 "IBM announces $20 billion investment in New York for high-tech projects")
Secretive Chinese chip startup may help Huawei circumvent US sanctions
The Chinese technology giant is providing support to a startup in its hometown of Shenzhen that has ordered chipmaking equipment -- including from foreign suppliers -- for a semiconductor manufacturin
 "Secretive Chinese chip startup may help Huawei circumvent US sanctions")
Technological battles heat up between US and China over semiconductor chips
Amid heightened cross-strait tensions between China and Taiwan, there is a shortage of semiconductor chips across the world, fuelling a technological cold war between the US and China
 "Technological battles heat up between US and China over semiconductor chips")
Semiconductor chips: Govt's aim to make India self-reliant may be premature
The government's aim to make India self-reliant in semiconductor chips may be premature
Silicon Laboratories opens new unit in Hyderabad, plans to triple workforce
The new facility would be the largest global centre for Silicon Lab's engineering and wireless connectivity innovation
Next Orbit-led consortium to mainly have Indian firms as equity holders
The consortium will consist of only Indian companies, with one of them taking a 20-30 per cent stake
 "Next Orbit-led consortium to mainly have Indian firms as equity holders")
iPhone maker Foxconn's India plant should draw lessons from the US
Wisconsin never hit its targets. And neither will Gujarat
 "iPhone maker Foxconn's India plant should draw lessons from the US")
IGSS signs up three equity partners for $3.5-bn wafer plant in Tamil Nadu
Vedanta-Foxconn announced an MOU to set up its chip and display plant in Gujarat on Wednesday
Indian semiconductor industry may benefit from the proposed US CHIPS Act
US Chips act has a total outlay of $53 billion, five times India's PLI scheme for semiconductors which amounts to $10 billion
Amid chip shortage, Indian banks reach out to govt, seek CCI intervention
Indian banks have also asked for an investigation by the Competition Commission of India (CCI) into the practices of chip suppliers.
Vedanta-Foxconn sees Guj semiconductor plant reaching break-even in 5 yrs
Signs MoU with state govt; Vedanta to invest $10 billion of the $20 billion earmarked for the project in the first phase
 "Vedanta-Foxconn sees Guj semiconductor plant reaching break-even in 5 yrs")
Domestic PV sales may touch record level at nearly 4 mn units in 2022
Domestic passenger vehicle sales could touch a record level of nearly 40 lakh units this year on strong demand and companies finding ways to enhance production despite semiconductor shortage, a senior Maruti Suzuki India official said on Monday. Even as the chip shortage issue has improved compared to a year back, the industry is estimated to have a pending order of around 7.5 lakh units of passenger vehicles with Maruti Suzuki India (MSI) alone having around 4.18 lakh units, company Senior Executive Officer, Marketing and Sales, Shashank Srivastava told PTI here. "I think it would be slightly below 4 million (units mark). At the moment the projections are that in January-September, maybe we should be touching like 2.8 or 2.9 million," he said when asked about the sales prospects of passenger vehicles (PVs) in the domestic market in 2022. He further said,"In three months time, that is October, November, December - if we get let's say one million more, then we should be around that 3
 "Domestic PV sales may touch record level at nearly 4 mn units in 2022")
India, US must cooperate in climate change, semiconductors: Gautam Adani
The two countries must commit to 'free trade, openness, integration' of economies, says Adani Group chairman in award acceptance speech.
 "India, US must cooperate in climate change, semiconductors: Gautam Adani")
Taiwan Semiconductor Manufacturing Co to soon start 3-nm chip production
TSMC said that it will soon produce ultra-advanced 3-nanometer (nm) chip, as the leading contract chipmaker struggles with supply-chain woes and other constraints
 "Taiwan Semiconductor Manufacturing Co to soon start 3-nm chip production")
India's chip-making gambit: Ambitious plans or breakthrough strategy?
India has already offered an unprecedented $10 bn as capital subsidy. Is that enough? And is self-reliance the right approach in a mega-buck game, or better to be part of a network, wonders T N Ninan
Will India become a global player in semiconductor chips?
A Taiwanese fab company is in India to explore manufacturing possibilities. PM Modi also called for making India a 'chip maker from a chip taker'. Can the govt's push turn India into a chip maker?