Page 22 - Semiconductor

Asian chip stocks tumble on fear of US mulling tighter curbs on tech export

Among the worst hit were shares of Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, which has shed roughly $61.35 billion in market value over two days

Assam govt, Tata Group ink land deal for Rs 27,000 cr semiconductor plant

The Assam Government on Tuesday signed an agreement with the Tata Group to lease over 170 acres of land to the company at Jagiroad in Morigaon district for a Rs 27,000-crore semiconductor plant. The 60-year lease agreement was finalised at the sub-registrar's office by Tata Group Board member Ranjan Bandopadhyay and Assam Industrial Development Corporation's (AIDC) manager (tech) and project in-charge Dhiraj Pegu. District Commissioner (DC) Devasish Sharma, along with Tata Group officials, including Kaninika Thakur, Ashish Mishra, and Avinash Dhabade, were present on the occasion. Speaking to reporters after signing the deal, Sharma said it was a significant day for the entire state. The facility, to be built on the site of the former Hindustan Paper Corporation Limited, is expected to create over 30,000 jobs, with the first phase set to be operational by mid-2025. The transfer of land has been completed. The team from Tata Group informed us that work will commence soon. We expres

AMD and IIT-B join hands to support semiconductor startups in India

The startups will work on devising ways to significantly reduce the energy consumption utilised by conventional neural networks

Taiwan Prez Lai Ching thanks Micron CEO for his trust, investment in island

Lai thanked Mehrotra for showing trust and support for Taiwan in video released by the president's office

Japanese company Horiba plans to set up a unit in India for fab players

Facility to mirror scale of Horiba's Kumamoto plant in Japan

India to become global player in semiconductor industry: IT secretary

India has the talent and deep expertise to become a global player in the semiconductor industry which is a vital sector for the country, Ministry of Electronics and Information Technology, Secretary, S Krishnan said. The government was helping industries to create the ecosystem to build the semiconductors, he said. Krishnan made those comments at a conference organised by fabless semiconductor firm iVP Semiconductor Pvt Ltd here on Saturday. Global management consulting firm McKinsey has predicted that the semiconductor industry is expected to become a trillion dollar industry worldwide, while India Electronics and Semiconductor Association (IESA) estimates the sector to touch USD 100 billion by 2030. India is rapidly becoming one of the biggest markets for electronics, automotive, Electric Vehicles and a significant hub for technical expertise. "The semiconductor industry is vital for the country and India has the talent, deep expertise and scalability to be a global player. The

iVP Semiconductor aims for revenue of $70-100 million in next 3-4 years

Fabless semiconductor startup iVP Semiconductor Pvt Ltd has plans to set up a production test facility as part of its drive to produce semiconductor chips in the domestic market, a top official said. The company has also secured USD 5 million in a pre-series A Funding for its expansion plans, Co-founder and CEO Raja Manickam said. An industry veteran, Manickam said his aspiration was to first serve the clients in the domestic market and later expand the company to become a 'global brand.' "Today domestic semiconductor industry is being served by several global companies. I want to serve the industry as an Indian company. iVP Semiconductor is an Indian company and it would become a global brand." he said. The company would focus on power sector including renewable energy, solar industry, wind energy. "We are going to be competitors to existing players with most of them being global companies," he said. To a query, he said the company would set up a production test facility in Chen

Maharashtra govt in talks with 3 firms for semiconductor plant: Fadnavis

The Maharashtra government was in talks with three companies to set up a semiconductor plant in the state, deputy Chief Minister Devendra Fadnavis said here on Saturday. He was speaking after inaugurating, along with Union minister Nitin Gadkari, a medical equipment and consumables manufacturing facility of HORIBA India in Butibori area. HORIBA India is a subsidiary of HORIBA Ltd, a Japanese firm. Fadnavis thanked HORIBA chairman Atushi Horiba for setting up manufacturing units in Pune and Nagpur. The Maharashtra government was in talks with three companies including HORIBA to set up semiconductor facilities in the state, he said, and proposed that HORIBA set up a semiconductor plant in Nagpur. Land will be kept reserved for the same, he said. Speaking on the occasion, Union minister Gadkari thanked HORIBA India for starting its plant in the city. HORIBA India in a press release said the Nagpur plant will have an investment of about Rs 200 crore in a phased manner and will serve

Rs 44k cr push for India-made global brands in electronics, semiconductor

A key distinction in the task force's proposal is its focus on benefiting Indian companies exclusively, a departure from the PLI scheme that involves significant participation from global players

Biden admin to fight labour shortage with new Chips Act Worker Programme

The programme, described as a workforce partner alliance, will use some of the $5 billion in federal funding set aside for a new National Semiconductor Technology Center.

South Korea's SK Hynix plans to invest $75 billion on chips through 2028

SK Hynix's HBM chips are optimised for use with Nvidia Corp.'s artificial intelligence accelerators

Why does the rise of Nvidia and AI remind people of the dot-com boom?

Chipmaker Nvidia surpassed Microsoft to become the world's most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust?

Amid shortage of professionals, chipmakers ramp up campus engagement

Companies such as Intel India, AMD, Applied Materials India, and Tessolve are collaborating with students and staff on practical projects and setting up labs at institutions such as IIT-Bombay

US wants Netherlands, Japan to further restrict chip equipment to China

In a response on Wednesday, Chinese foreign ministry spokesperson Lin Jian said China was opposed to the US "coercing other countries and suppressing China's semiconductor industry"

With three in $3trn club, top trio account for nearly a fifth of US mcap

Saudi Arabia, Taiwan, France & UK other top markets where top firms hold big sway

Chipmaker firm Nvidia's 591,078% rally to most valuable stock came in waves

On Tuesday, that run culminated in Nvidia unseating Microsoft Corp. as the world's most valuable company with a market capitalisation of $3.34 trillion

India-US agree to step up cooperation on semiconductors, critical minerals

India and the US Monday launched a new strategic semiconductors partnership to co-develop semiconductor design and manufacturing processes for precision-guided ammunition

India, US to address barriers to trade & cooperation, deepen strategic ties

The commitment was made at a meeting between the national security advisers of the two countries, Ajit Doval and Jake Sullivan

Will work to fulfill semiconductor initiatives of PM Modi: Kumaraswamy

Lauding Prime Minister Narendra Modi's semiconductor-related initiatives, Union Heavy Industries and Steel Minister H D Kumaraswamy on Saturday said he will work towards fulfilling them through his ministry. His remark comes a day after he reportedly raised questions about the US-based semiconductor manufacturer potentially receiving Rs 3.2 crore subsidy for every job it creates in Gujarat. "Semiconductor is a strategic industry. It is a basic requirement for electronics and automobile manufacturing. Both these sectors generate lots of employment. I greatly appreciate the semiconductor-related initiatives taken by @PMOIndia and will work towards fulfilling them through my ministry," Kumaraswamy posted on 'X'. Later, addressing reporters here, the JD(S) leader stressed on the need for creating more jobs along with attracting investments to the country. "Why has our PM given me this big portfolio? Why he has confidence in me? It is a big responsibility that the PM has given me. My wo

Samsung unveils technology road map to lure AI chip makers to its mfg biz

Though Samsung is the world's No. 1 memory-chip maker, it has been trying to catch up with rival Taiwan Semiconductor Manufacturing Co. in the foundry market