Page 26 - Semiconductor

India should aim at developing 10 fabs in 10 years: Semi's Manocha

According to industry estimates, the Indian semiconductor market is projected to exceed $100 billion and generate over 6 lakh jobs by 2030

India will need 10-20 chip manufacturing plants in next 10 yrs: Semi CEO

India will need 10-20 chip manufacturing plants over the next 10 years, Semicon India organiser Semi President and CEO Ajit Manocha said on Wednesday. Manocha said that huge interest is developing in the semiconductor ecosystem, especially in Taiwan after the success of Foxconn and Wistron in India. "I think we will need probably in the next 10 years maybe 10-20 fabs in India. This is a rough estimate," Manocha said. Semi will organise the first global conference on semiconductor ecosystem, Semicon India 2024 from September 11-13 in Noida. Manocha has over 40 years of experience in the semiconductor industry. Earlier, he served as the CEO of chip manufacturing company Global Foundries between 2011 and 2014, and as executive vice president and chief manufacturing officer at NXP Semiconductors. He also pointed out that the present government has put in place a clear policy which supports the semiconductor ecosystem in India. "For the first time, stars are aligned in favour of Indi

Supply chain and talent woes pose challenges to Indian semicon industry

India's nascent semiconductor industry is also facing challenges in attracting talent back to the country after undergoing training abroad

India to get 5th semiconductor facility; know details

The Union Cabinet on September 2, approved India's fifth semiconductor facility. Watch the video to know the details.

Kaynes Tech rallies 8% on govt approval for semiconductor unit in Gujarat

The proposed unit, with a production capacity of six million chips per day, will be setup with an investment of Rs 3,300 crore.

BigEndian Semiconductors raises $3 mn in funding led by Vertex Ventures

India's semiconductor sector, despite being home to 20-25 per cent of the global design talent, has historically lacked a significant presence in the global market

100% of our chip capacity is tied up with global firms: Kaynes SemiCon CEO

We also have agreements with technology providers who have committed to sourcing their chip requirements from India, Panicker said

China warns Japan of economic retaliation for possible new chip curbs

One fear in Tokyo is that Beijing could react to new semiconductor controls by cutting Japan's access to critical minerals that are essential for automotive production

Why it makes strategic sense to incentivise domestic chip research

It will offer India the opportunity to become R&D centre to the world without losing valuable IP rights rather than frittering away capital on chip-making, for which it has no known capabilities yet

Cabinet approves Kaynes chip assembly, packaging unit worth Rs 3,307 crore

The unit will have the capacity to produce 6.3 million chips per day

Govt approves Kaynes' Rs 3,307 cr semiconductor unit at Gujarat's Sanand

The government on Monday approved a proposal of Kaynes to set up a semiconductor unit in Sanand, Gujarat with 6.3 million chips per day capacity, entailing an investment of Rs 3,307 crore. Announcing the decisions of the Union Cabinet, IT Minister Ashwini Vaishnaw noted that a complete semiconductor ecosystem is coming up in India. "Today, the Cabinet has approved Kaynes' plant, with a capacity of 6.3 million chips per day. The plant will come up in 46 acres, it is a big plant and large portion of the production will go for Kaynes Industries, it has already been booked," the minister said. The plant will also cater to chips related to the power sector. The company has already acquired land in Sanand, Gujarat for the project, and construction will start soon. The proposed investment for the unit is about Rs 3,307 crore. "Power related chips..chips used in automobiles and home appliances, will also be produced in this plant," Vaishnaw said.

Sub-10 nm chips likely to steer 60% of India's semicon market by 2032

Conventional chips to drive $40 billion market for Tata and others: Report

Despite gruelling hours, 'golden handcuffs' keep Nvidia staffers in place

Under the helm of co-founder and CEO Jensen Huang, Nvidia's philosophy is crystal clear: 'If you want to do extraordinary things, it shouldn't be easy'

L&T Semiconductor, C-DAC sign pact to jointly work on indigenous chip tech

L&T Semiconductor Technologies has signed a memorandum of understanding with government-backed Centre for Development of Advanced Computing for jointly working to develop local chip technology and the ecosystem around it, according to a statement on Wednesday. The MoU will focus on a comprehensive framework for collaborative research, development, and training initiatives, with an emphasis on the creation of Make-in-India Integrated Circuit (IC), System-on-Chip (SoC) and Electronics System Design & Manufacturing (ESDM) solutions for automotive, industrial, and energy applications, the semiconductor company said. "The signing of this MoU between L&T Semiconductor Technologies and C-DAC indicates the government's commitment to fostering public-private partnerships that drive innovation and economic growth," Ministry of Electronics and IT, Group Coordinator, Sunit Verma, was quoted as saying in the statement. This collaboration not only underscores the importance of ...

PM Modi to visit Singapore soon; semiconductors new addition to agenda

The high-level meeting between senior ministers of India and Singapore has set the stage for Prime Minister Narendra Modi's visit to the city-state that will happen soon, its Foreign Minister Vivian Balakrishnan has said. Senior ministers from the two countries held a "productive" round of discussions at the second multi-ministerial roundtable here and explored how the two countries can boost bilateral cooperation in digital, skill development, sustainability, healthcare, connectivity and advanced manufacturing. This was the second time that ministers from Singapore and India met at the India-Singapore Ministerial Roundtable (ISMR) after its inaugural edition was launched in September 2022 by then Deputy Prime Minister Lawrence Wong during a five-day visit to India. Balakrishnan said advanced manufacturing and semiconductors, as well as aviation and maritime connectivity, are the new areas that Singapore and India have added to a high-level platform for discussing ways to enhance ..

Suchi semicon plans $100 mn investment into OSAT plant in Gujarat

The company has planned the project in five phases. In the first phase, starting in November this year, it will focus on creating chips that will power legacy devices

EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plant

ESMC is a joint venture led by TSMC, the world's largest contract chipmaker, with European chipmakers Bosch, Infineon and NXP each taking a 10 per cent stake

PM Modi urges youth to lead in semiconductors, gaming industry growth

Prime Minister Narendra Modi said that India is currently training a skilled workforce of 85,000 professionals in semiconductor chip design across 113 academic institutions

10 things global fund managers are saying about equity markets; check here

A total of 220 panelists with $590 billion worth of assets under management (AUM)) participated in a survey conducted by BofA Securities between August 2 and August 8

L&T Semiconductor to sign contracts with 6 automobile companies by Sept

BENGALURU (Reuters) - India's L&T Semiconductor Technologies will sign contracts with six automobile companies by the end of September, making them its first clients, the company's chief executive said on Tuesday.