Page 37 - Semiconductor Industry

Intel nears $6 billion deal to buy Israeli firm Tower Semiconductor: Report

Tower Semiconductor, whose US shares surged 53% in extended trading, specializes in analog chips used in the automotive, mobile, medical and aerospace industries

Vedanta joins hands with Foxconn to manufacture semiconductors in India

Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to boost electronic chip and display ecosystem

Passenger vehicle wholesales dip 8% in Jan as semiconductor woes continue

The total passenger vehicle wholesales dropped to 2,54,287 units in January 2022 as compared to 2,76,554 units in the same month of last year.

EU presents 15 bn euro plan to ease chip shortage, dependency

The 15 billion euros will come on top of 30 billion euros of public investments already planned through various EU programs

Worst of semiconductor shortage over: Tata Motors Group CFO

Tata Motors also sees the contribution of its electric vehicles to its overall passenger vehicles sales reaching double digits soon, from about 6 per cent at present

Economic Survey: Carmakers saddled with backlog of over 700,000 orders

Carmakers are saddled with a backlog of over 7 lakh orders as of December 2021, due to the the shortage of semiconductors, according to the Economic Survey. With the delay in supply, the average lead time (the difference between the date of order and actually receiving in the automobile) for the industry for 2021 has been around 14 weeks globally. India has also experienced similar trends in the automobile sector, Economic Survey 2021-22 pointed out. As per data from the Society of Indian Automobile Manufacturers (SIAM), carmakers sold 2,19,421 passenger vehicles in the domestic market in December 2021, down 13 per cent (year-on-year), it stated. "This is not a demand problem but a supply-side issue. The information from various car manufacturers' websites reveals a cumulative pendency of over 7 lakh orders as of December 2021," the Survey noted. The Survey also outlined the efforts on the part of the government to boost semiconductor production in the country. The government has .

US warns of fragile semiconductor supply chain as chip inventory falls

The primary bottleneck across the board appears to be "wafer production capacity," which requires a longer-term solution: US

TSMC raises revenue growth projections due to global chip shortage

It intends to spend $40 billion to $44 billion expanding and upgrading capacity in 2022

TSMC to invest record $44 billion on chip capacity expansion in 2022

For the October-December period, TSMC's net profit reached a record NT$166.23 billion

German trade group fears 'massive disruption' in supply chain over Omicron

Industry has been hit by supply shortages of microchips and other components, while rising coronavirus cases are clouding the outlook for retailers.

Semiconductor mission launched by IT minister Ashwini Vaishnaw

The India Semiconductor Mission is a specialised and independent business division within the Digital India Corporation

Govt to receive proposals for semiconductor fabs, display units from Jan 1

A semiconductor portal has been launched for accepting and processing applications from interested players

We'll love to see Intel, TSMC, other chip giants invest in India: MoS IT

India is keen to welcome all semiconductor majors to explore exciting investment opportunities in the country, the minister said

Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses

After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it

Enough demand in India to take care of 5-6 fab plants: Ashwini Vaishnaw

'There is a huge demand for chips from automobiles, electronics, railways, the defence industry, power electronics amongst others', said Vaishnaw

Chip crunch, commodity costs hit auto component companies in H1FY22: ACMA

Exports, aftermarket help keep momentum intact, says Automotive Component Manufacturers Association of India

Govt's policy to build semiconductor ecosystem improves on earlier attempts

Vaishnaw said the government is offering global players something competitors cannot match and that is brain power

UP aiming to become semiconductor hub as India expects massive investment

The Yogi Adityanath government has promised to offer a slew of incentives and support to the companies and technology startups for setting up semiconductor units in the state

Will India be able to attract global chipmakers with $10 bn incentive?

India has announced a $10 billion incentive plan to woo global chipmakers. But, will semiconductor manufacturers walk down the red carpet rolled out by the government and set up factories here?

Omicron LIVE: 5 more cases detected in Karnataka; India's tally at 83

2 of the 5 new cases are from Delhi, says Karanataka Health Minister