Page 13 - Semiconductor

Viceroy Research's claim of ₹2,500 crore sham is baseless: Vedanta

Continuing its triad against mining Moghul Anil Agarwal's Vedanta group, US-based Viceroy Research has alleged that the group's semiconductor unit was a "sham commodities trading operation", designed to avoid classification as an NBFC, a charge the mining conglomerate dismissed as baseless. US short seller Viceroy Research, which last week published a scathing report about Vedanta Group and followed it with similar reports on group companies, in fresh allegations said Vedanta Ltd's subsidiary, Vedanta Semiconductors Pvt Ltd, was part of a scheme to allow the Mumbai-listed firm to remit brand fees to parent Vedanta Resources in April this year, when it faced a severe liquidity crisis. In a statement, Vedanta spokesperson said the group "strongly rejects the baseless allegations made in the report regarding Vedanta Semiconductors Pvt Ltd (VSPL)". "All business activities of VSPL have been transparently disclosed and are in line with statutory norms," it said. Viceroy said, "VSPL is a

India's first semiconductor chip to be unveiled in 2025: Ashwini Vaishnaw

Union Electronics and Information Technology Minister Ashwini Vaishnaw has said the country's first domestically produced semiconductor chip is expected to be released this year. Speaking at the 85th foundation day celebrations of Keshav Memorial Educational Society here on Friday, he said India is poised to become a significant global player in the semiconductor industry. Today, some of the most complex chips are designed in cities, including Hyderabad, Bengaluru, Pune, Gurugram and Chennai, he said. "Now, we are starting the manufacturing of semiconductor chips. We have already approved six semiconductor plants. Their construction is going on. We will have the first Made in India chip in 2025," he said. The union minister said, as part of the India AI Mission, free datasets and others are being uploaded. As many as one million people are being trained in the use of AI. Vaishnaw also said India would be among the top two economies in the world by 2047. Noting that the world is g

TSMC posts 60% jump in quarterly profit, handily beats market forecast

Benefiting from surging demand for advanced chips used in artificial intelligence applications, Taiwan Semiconductor Manufacturing Co said net profit for April-June climbed to $13.53 billion

Trump likely to announce pharma tariffs as high as 200% this month

Donald Trump's plan to impose pharma tariffs could hit Indian drugmakers like Biocon, Lupin, and Sun Pharma, with new levies starting August 1

Can mobile PLI scheme's winning model be replicated across other sectors?

An agile government-private partnership has proved a win-win for the mobile PLI scheme

Can Taiwan disconnect economy from China, its biggest trading partner?

Momentum is building in Taiwan to lessen its business dependency on China, its biggest trading partner. Doing so will not be easy

India launches initiative to identify top 100 deep-tech startups

The #100DesiDeepTechs initiative, in partnership with Startup India, MEITY Startup Hub, and IIT Madras, aims to identify and support India's top deep-tech startups, fostering policy dialogue

Kaynes Semicon to fire off India's first paid chip prototype next month

Deal with US-based AOS secures over 60% of Phase-I output

MiPhi launches India's first locally designed, manufactured enterprise SSDs

The Micromax-Phison JV debuts enterprise-grade SSDs made entirely in India, aiming to power data centres, AI infrastructure, and cloud computing with homegrown tech

A $738 bn potential: 9 sectors set to redraw India's global growth map

Semiconductor revenues - especially with many Indian projects now getting off the ground - are expected to treble from $40-45 billion in 2023 to $100-120 billion by 2030

India needs thousands of innovators like Suhas Patil and Anjan Bose

These are "hidden champions" of strategic research and innovation. They are worthy of emulation within Indian industry, and maybe even a Padma!

Tata Elxsi, Infineon partner to develop application-ready EV solutions

The partnership also plans to explore electric Vertical Take-Off and Landing (eVTOL), energy, and off-highway applications

Texas Instruments to invest $60 billion in US chip plants expansion

funds will be used to build or expand seven chip-making facilities in Texas as well as Utah, and will create 60,000 jobs, TI said on Wednesday

Gujarat plans 1,500 housing units to support Tata's Dholera semicon fab

Gujarat housing units: Tata Group's upcoming ₹91,000 crore semiconductor fabrication plant in Dholera is expected to produce its first chips by December 2026

Govt clears SEZ proposals of Micron, Aequs for chip, electronics units

The government on Monday said it has approved the proposals from Micron Semiconductor Technology India and Hubballi Durable Goods Cluster (Aequs Group) for setting up SEZs for manufacturing of semiconductors and electronic components. Micron will establish its SEZ facility in Sanand, Gujarat, over an area of 37.64 hectares with an estimated investment of Rs 13,000 crore, while Aequs will establish its SEZ in Dharwad, Karnataka, over an area of 11.55 hectares to manufacture electronics components with an estimated investment of Rs 100 crore. The decision followed the easing of certain SEZ (special economic zone) rules to promote the manufacturing of semiconductors and electronics components. "Subsequently, the Board of Approval for SEZs has accorded approval to the proposals received from Micron Semiconductor Technology India Pvt Ltd (MSTI) and Hubballi Durable Goods Cluster Private Ltd (Aequs Group) for setting up SEZs for manufacturing of semiconductors and electronic components, .

How China's new hybrid AI chip could rewrite the rules of global computing

China has started deploying world's first large-scale non-binary AI chip, dodging US restrictions and rethinking the future of computing

SEZ Rules amended to attract more investments, facilitate operations

India has 276 operational SEZs with 6,275 units operating in them. Total investment in them is about ₹7.07 trillion and they employ about 3.19 million persons

Tata Electronics, BEL sign MoU to develop local semiconductor solutions

The two firms also intend to jointly develop manufacturing solutions for BEL's products by leveraging shared knowledge, best practices, and technical resources, Tata Electronics said

Govt eases SEZ rules to promote chips, electronics component manufacturing

Reduces min land required to set up such firms from 50 hectares to 10 hectares

India's semiconductor ecosystem takes shape with $21 billion pipeline

The tough act starts now, to build and scale up, and emerge as a global chip hub