Page 35 - Semiconductor Industry

SRAM & MRAM to invest Rs 2 trillion in Odisha, set up semiconductor unit

United Kingdom-based SRAM & MRAM Group vice-chairman Gurujee Kumaran Swami on Saturday announced that the group will invest Rs 2 lakh crore in Odisha to set up semiconductor unit in the state. The announcement was made at the Make in Odisha (MIO) Conclave, 2022 here. Swami and the company's Odisha in-charge Debadutta Singh Deo said the group will invest Rs 30,000 crore in the first phase. Earlier they met Chief Minister Naveen Patnaik and briefed him on the proposed project. They also discussed in detail about the project with chief secretary SC Mohapatra, Industries secretary Hemant Sharma and other officials. Meanwhile, the Odisha government received large investment commitments and signed multiple MoUs in Electronics and IT at the MIO Conclave. A direct investment commitment of Rs 8,200 crore has been received which is likely to create over 40,000 jobs in the state, an official said. The big names which made investment commitments or signed MoUs include Intel, Oracle, Global .

TSMC plans to make more advanced chips in US at Apple's urging

A representative for TSMC declined to comment. Apple didn't immediately respond to a request for comment.

Qualcomm replaces SD778G+ processor with new Snapdragon 782G: Report

Due to a slight bump in clock speed, its CPU is around 5 per cent faster, while the GPU is quoted as 10 per cent faster than the Snapdragon 778G+

Thierry Bollore quits JLR, Adrian Mardell to take over as interim CEO

Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong

South Korea, US discuss impact of semiconductor export controls on China

South Korea and US discussed the impacts of Washington's restrictions on exports of advanced semiconductor equipment to China and ways to resolve related uncertainties, Seoul's industry ministry said

Near-term margin concerns an overhang on Kansai Nerolac Paints' stock

Higher advertising costs and demand worries could put pressure on profitability

JLR partners with Wolfspeed for silicon carbide semiconductors supply

Jaguar Land Rover on Tuesday announced a strategic partnership with Wolfspeed Inc for supply of silicon carbide semiconductors for next generation electric vehicles. Under the partnership, Jaguar Land Rover will use Wolfspeed's advanced silicon carbide technology specifically in the vehicles' inverter, managing transfer of power from battery to electric motors, the company said in a statement. "The first Range Rover vehicles with this advanced technology will be available from 2024, and the new all-electric Jaguar brand the following year," the Tata Motors-owned firm added. JLR will participate in the 'Wolfspeed assurance of supply program' to secure the supply of this technology for future electric vehicle production needs in order to enable greater visibility and control over JLR's future supply chain. Wolfspeed has an existing relationship with Jaguar TCS Racing team which competes in the Formula E World Championship. Its silicon carbide technology has been used to accelerate ..

India signs deal with Belgium-based IMEC to get chip-making technology

Cutting-edge tech from Belgium-based IMEC will be transferred to the company that sets up a semiconductor plant in India

China's underground market for semiconductors draws desperate automakers

Opportunists the world over have seized on the chips shortfall, jacking up the price companies pay for the crucial circuital components

US' new export controls on chips shake China's semiconductor industry

Following the announcement of new limitations by the administration of US President Joe Biden, the mass departure of the American workers has shaken China's semiconductor industry

Quarterly profit $8.8 billion amid surging demand: Taiwan chipmaker TSMC

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said on Thursday that its quarterly profit rose 79.7 per cent over a year earlier to USD 8.8 billion amid surging demand. Quarterly revenue rose 47.9 per cent over a year ago to USD 19.2 billion, the company reported. TSMC, headquartered in Hsinchu, Taiwan, makes processor chips for brands including Apple Inc. and Qualcomm Inc. Chipmakers are benefiting for demand for next-generation telecoms, high-performance computing and chips for use in products from cars to medical devices. TSMC announced plans last year to invest USD 100 billion over the next three years in manufacturing and research and development. Most semiconductors used in smartphones, medical equipment, computers and other products are made in Taiwan, South Korea and China. That has prompted concern among American officials about reliance on supplies that might be disrupted by conflict betw

Govt may clear semiconductor unit proposals in next 30-60 days: MoS IT

The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking at IESA Vision Summit, Chandrasekhar said there has been a tremendous progress in the development of the semiconductor ecosystem in the country in the last 8-9 months. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 lakh crore. Vedanta Foxconn JV, IGSS Ventures, ISMC propose to set up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 billion from the Centre under the Rs 76,000 crore Semicon India Programme. "Over the next couple of months, I think over next 30 to 60 days... Government of India and India Semiconductor Mission will be rolling out those proposals that have been scrutinized and that

Results preview: Strong operational show to drive Q2 for auto firms

Easing chip supply, demand for premium models and price hikes at play

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

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

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

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

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

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

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