Page 36 - Semiconductor Industry

Approval to electronic chip makers likely in 6-8 months: Ashwini Vaishnaw

Minister of state for electronics and IT Rajeev Chandrasekhar said at conference that Indian Semiconductor Mission is evaluating the process and the approvals will come after the due diligence is done

Centre woos semiconductor makers in quest to become key global player

India will provide support for companies looking to invest in semiconductor manufacturing, Prime Minister Narendra Modi said on Friday

India has world's fastest growing start-up eco-system, says PM Modi

PM Modi said India is headed for a robust economy and the country's consumption of semi-conductors is expected to cross $110 billion by 2030 and has the world's fastest growing start-up eco-system

Apple delivers strong quarterly results, but warns of trouble ahead

Despite headwinds, the results for the January-March period drew a picture of a still-expanding empire generating massive profits that have yielded the firm a $2.7 trillion market value

Samsung's profit jumps 50% over robust server chips, mobile sales

Sales increased 18.9 per cent on-year to 77.7 trillion won in the first quarter, a all-time quarterly record

FM Sitharaman invites US semiconductor players to make investments in India

The Finance Minister also met Uber CEO Dara Khosrowshahi, who gave a snapshot of the company's investment in India and expansion plan

Soaring battery costs fail to cool electric vehicle sales: Report

EV demand has stayed strong even as the average cost of lithium-ion battery cells soared to an estimated $160 per kilowatt-hour in the first quarter from $105 last year

PM Modi to inaugurate India's first Semicon Conference on April 29

Semicon India 2022, a 3-day conference, is being organised to take forward the vision of PM Modi to make India a leader in electronics manufacturing, semiconductor design, manufacturing and innovation

Only 9% of India's semiconductor needs fulfilled locally in 2021: IESA

The Indian semiconductor market was valued at $27 billion in 2021 and is expected to grow at a healthy CAGR of 16% from 2019 to 2026 to reach $64 billion in 2026, says IESA report

Worldwide semiconductor revenue grew 26% in 2021: Report

The most significant shift among the semiconductor vendor ranking in 2021 was HiSilicon dropping out of the top 25

Jaguar Land Rover sales decline 36% in Q4 as semiconductor woes continue

The Tata Motors-owned luxury automaker noted that the retail sales for the three-month period continued to be constrained by the global semiconductor shortage

Bharat Electronics to gain from strong order book and new opportunities

Semiconductor shortage and execution delays, however, dented its FY22 performance

Russia-Ukraine conflict may affect supply chains of semiconductors: MoS IT

The supply chains of global semiconductor industry, which was badly affected during Covid-19 period, may see further disruptions due to the Russia-Ukraine conflict, Parliament was informed on Friday

Chip shortage forces General Motors to pause production at Indiana plant

The Ft Wayne plant will be closed the weeks of April 4 and 11

Qualcomm to open its 2nd largest office outside US in Hyderabad by October

The American tech giant will be investing Rs 3,904.55 crore, over the next five years, to expand its Hyderabad operations

Ukraine halts half of world's neon output for chips, clouding outlook

Ukrainian neon is a byproduct of Russian steel manufacturing

Russia - Ukraine war: Brace for chip shortage, warns Moody's Analytics

During the 2014-2015 war in Ukraine, neon prices went up by several times over, indicating how serious this can be for the semiconductor industry

War fallout! M&M, TaMo, Ashok Leyland can fall up to 12% on chip shortage

The Nifty Auto index has broken key support levels, and looks weak on the weekly charts indicating a downside of 5 per cent.

Chip woes continue to hobble auto dispatches in Feb; TaMo, M&M buck trend

Leading carmakers Maruti Suzuki, Hyundai, Toyota and Honda witnessed a drop in vehicle dispatches to dealers last month as the global semiconductor shortage continued to impact production. Tata Motors, Mahindra & Mahindra, Skoda and MG Motor, on the other hand, reported an increase in wholesales in February as compared to the same month last year. The country's largest carmaker Maruti Suzuki India (MSI) said its domestic sales slipped 8.46 per cent to 1,40,035 units as against 1,52,983 units in February 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in the domestic market. The company took all possible measures to minimise the impact," the auto major noted. Sales of the company's mini cars, comprising Alto and S-Presso, fell 17.81 per cent to 19,691 units last month as compared to 23,959 in the same month last year. Similarly, dispatch of compact models like Swift, Celerio, Ignis, Baleno and Dzire dipped 3.38

Chipset maker Nvidia confirms it is investigating cybersecurity incident

News of a potential cyberattack at Nvidia comes just weeks after the Santa Clara-based company terminated its $40 billion bid to acquire British chip designer Arm