Page 30 - Semiconductor

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.

How a sleepy Czech town is helping Europe compete in the global chip war

Roznov was best known for its rum-drizzled sweet pies and open-air museum showing off historical wooden houses, then US chipmaker ON Semiconductor picked it for a new $2 bn manufacturing hub in June

2,100 tribal students to be trained in chip technology at IISc: Govt

The tribal affairs ministry in collaboration with the Indian Institute of Science, Bengaluru, will provide basic training to 1,500 and advanced training to 600 tribal students in semiconductor technology over the next three years, the government informed Parliament on Thursday. In response to a question by BJP MP C M Ramesh, Union Minister of State for Tribal Affairs Durgadas Uikey said his ministry has given the project -- Semiconductor Fabrication & Characterization Training for Students from Tribal Community -- to the Centre for Nano Science and Engineering of the Indian Institute of Science (IISc). The project, which was given to the institute under the central sector scheme Tribal Research Information, Education, Communication and Events (TRI-ECE) during the financial year 2023-24, aims to deliver 2,100 NSQF-certified level 6.0 and 6.5 training in semiconductor technology to tribal students over three years, he said. The Ministry of Tribal Affairs in collaboration with the ...

Zoho forays into eastern Uttar Pradesh; to set up R&D facility by year end

According to media reports, Zoho has also submitted a proposal to the Indian government seeking incentives for a semiconductor fab plant

Tata's Assam plant to make 48.3 mn chips per day with native tech: Vaishnaw

Tata Group's semiconductor plant in Assam will produce 4.83 crore chips per day using indigenously-developed technologies, Union minister Ashwini Vaishnaw said on Saturday. Assam Chief Minister Himanta Biswa Sarma and Chairman of Tata Sons Limited N Chandrasekaran on Saturday performed the Bhumi pujan of the Rs 27,000-crore semiconductor assembly and test facility at Jagiroad in Morigaon district. The project was approved by the Union Cabinet chaired by Prime Minister Narendra Modi on February 29, 2024. "The construction of the plant has started in short span of five months after the project was approved. It will manufacture about 4.83 crore chips per day. The unique thing about this plant is that all the three major technologies which will be deployed in this plant are developed in India," Vaishnaw said. The minister said that the chips manufactured at the Tata plant will be used in vehicles including electric vehicles, and practically every large company will be using their ...