Donald Trump's latest threat comes as chip giant TSMC faces a potential $1 billion fine over a US export control probe linked to its chips ending up in a Huawei AI processor
Domestic technology company Cyient has earmarked a USD 100 million investment for its newly carved out semiconductor business, a top official said on Tuesday. The Hyderabad-headquartered company is also looking at raising capital from an external investor by September and is in the process of appointing merchant bankers for the same, officials said. Without quantifying the amount that it is targeting to raise, its Executive Vice Chairman and Managing Director Krishna Bodanapu said the money will be deployed for the talent-intensive research and development efforts. Bodanapu said that the board has already committed USD 100 million for the new venture and it will also be looking to raise more resources from external investors. He said the company is targeting to offer customised silicon chip solutions to a variety of industries, both globally and domestically, including electric vehicles and discoms, which need smart meters. The demand is also very high for such solutions, and apar
President Trump has said tariffs on pharmaceutical and semiconductor imports will be announced shortly, as the US imposes a 27% duty on all imports from India
Semiconductors were spared Trump's reciprocal tariffs, reflecting their key role in global supply chains, say industry experts
Tata Electronics has appointed former senior executive of GlobalFoundries, KC Ang as President and Head of its foundry business - Tata Semiconductor Manufacturing Pvt Ltd. Ang will report to Randhir Thakur, CEO & MD of Tata Electronics. US-based GlobalFoundries is known for producing chips for Qualcomm, AMD, Infineon, Lockheed Martin etc. Ang will spearhead Tata Electronics' advanced AI-enabled foundry operations and play a key role in driving innovation and excellence while forming strategic partnerships to position Tata Semiconductor as a global leader in chip manufacturing, a company statement said. Born in Malaysia, Ang holds a Bachelor's degree in Mechanical Engineering from National Taiwan University and a Master's degree in Engineering from the University of Texas. "With over three decades of experience in the foundry industry, Ang specialises in fab startup, management, operations, and technology transfer, as well as customer, supplier, and industry relationship ...
Substantial JICA financing could support Tata's chip unit plans in Gujarat and Assam
India aims to lead the semiconductor industry by leveraging geopolitical advantage, skilled talent, and cost competitiveness, driving economic growth, say tech executives and officials
He also spoke about the importance of ensuring that intellectual property (IP) remains in India. He noted that the key concern is not ownership, but the use of Indian IP
Through the SAFE-DSP programme, HCLTech will offer comprehensive application-specific integrated circuit (ASIC) design services to semiconductor customers
This landmark achievement signifies a pivotal moment for YES and the burgeoning semiconductor ecosystem in India
Gujarat govt had earlier allocated 20-acre land parcel to conglomerate
Washington asked Malaysia to closely scrutinize the shipment of Nvidia chips coming to the country, Investment, Trade and Industry Minister Zafrul Abdul Aziz said
TSMC shares have dropped 11 per cent this year, falling alongside global chip stocks like Nvidia Corp. as concerns mount over the sector's frothy valuations
At the event, Huang unveiled more powerful chips and related technology that he said would provide a clearer payoff to customers
Huang said that he was focused on providing a reliable product roadmap that Nvidia's customers, such as OpenAI and Oracle, could prepare for
Going ahead, the company intends to continue supporting its Indian partners and customers to leverage growth opportunities, as the country remains a high-growth market for Infineon, he said
India is a high-growth market for Infineon, and the German semiconductor firm plans to double its headcount by 2030 as it looks to scale its R&D base in the country, a top company official has said. Infineon has more than 58,000 employees worldwide, with most of them based in the APAC region. It employs over 2,500 people in India, primarily in R&D roles. India is a growth market and critical R&D location for the company, Infineon Technologies CMO and management board member Andreas Urschitz said during a media roundtable here. "We are doing lots of innovation in India and intend to heavily invest and grow our R&D base here...in terms of our long-term planning towards 2030, we intend to double the number of people in India," he said. The semiconductor firm intends to support the country's domestic market and explore joint growth opportunities with Indian partners and customers, he added. Currently, India contributes a low single-digit percentage to Infineon's group ...
Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the "silicon" in Silicon Valley
Tan will assume the role on March 18, the company said in a statement Wednesday. He will rejoin the board as well after stepping down in August 2024
Any final deal - the value of which is unclear - would need approval from the Trump administration, which does not want Intel or its foundry division to be fully foreign-owned