Israel's Tower Semiconductor Ltd. is proposing a $9 billion plant, while India's Tata Group has put forward an $8 billion chip fabrication unit
Chip giant Taiwan Semiconductor Manufacturing Co. opened Saturday in an official ceremony its first semiconductor plant in Japan as part of its ongoing global expansion. We are deeply grateful for the seamless support provided by you at every step, TSMC Chairman Mark Liu said after thanking the Japanese government, local community and business partners, including electronic giant Sony and auto-parts maker Denso. The company's founder Morris Chang, was also present. This comes as Japan is trying to regain its presence in the chip production industry. The Japan Advanced Semiconductor Manufacturing, or JASM, is set to be up and running later this year. TSMC also announced plans for a second plant in Japan earlier this month, with production expected to start in about three years. Private sector investment totals USD 20 billion for both plants. Both plants are in the Kumamoto region, southwestern Japan. Prime Minister Fumio Kishida sent a congratulatory video message, calling the plant
Developing nations like India, South Africa and Indonesia are set to oppose efforts by US and Europe to extend the moratorium. If no agreement is made, the moratorium would expire this year
The shares jumped about 13% in premarket trading on Thursday following the announcement. They earlier closed at $674.72 in New York, leaving them up 36% for the year
It said Microsoft will use its 18A technology to make an undisclosed chip and that it now expects $15 billion of foundry orders
HCL Technologies (HCLTech) is expanding a longstanding collaboration with Intel Foundry to co-develop customised silicon solutions for semiconductor manufacturers, system OEMs (Original Equipment Manufacturers), and cloud services providers to enhance foundry services, according to a release on Thursday. The partnership brings together HCLTech's design expertise with Intel Foundry's advanced technology and manufacturing capabilities to establish a resilient and diversified supply chain, marking a new era of innovation and excellence. The collaboration aims to meet increasing global demand for semiconductor manufacturing, catering to the diverse silicon needs of clients, by providing them with a robust and inclusive ecosystem for semiconductor sourcing, it further said. "Intel Foundry's advanced technologies and silicon-verified IPs in manufacturing and advanced packaging strengthen our delivery of innovative, accessible, and diverse solutions to our mutual clients," Vijay Guntur, ..
Micron is investing the $825 million over the two phases of the project and will create up to 5,000 new direct Micron jobs and 15,000 community jobs over the next several years
Tata Group has also reportedly finalised the details of the land and will break ground soon
Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a USD 8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with. In the near term, two full-blown fabs are going to come up in India. These are going to be multi-billion-dollar fabs in the 65, 40 and 28-nanometer technology and there are going to be a host of other packaging proposals that we are evaluating," Chandrasekhar said. He was responding to a question on USD 8 billion investment proposal submitted by Tower Semiconductors and the status of India's semiconductor roadmap. The minister said that the project will be approved in the thi
Chip and device manufacturers get a boost as consumers worldwide demand powerful machines, reports Ashutosh Mishra
In a further boost to bilateral ties between India and Taiwan, a Memorandum of Understanding (MoU) was signed between the two countries Friday to enable Indian migrant workers to find jobs there."Taiwan-India relations reach a new high! The MOU on the Facilitation of Employment of Indian Workers, signed by @TWIndia2 Rep. Ger & @ita_taipei Rep Yadav," the Ministry of Foreign Affairs of Taiwan posted from its official handle on X.The MoU "promises mutual benefits" for the people of both countries, "igniting a powerful momentum for even deeper and more fruitful cooperation."The signing of the Memorandum of Understanding comes at a time when a labor-strapped Taipei is looking to extend its foreign workforce outside its typical Southeast Asian sources.Taiwan, a major semiconductor producer with an ageing population, is home to over 700,000 migrant workers from Vietnam, Indonesia, the Philippines, and Thailand, the majority of whom work in manufacturing or as home assistants for the ..
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OpenAI did not respond to a request for comment, while the Department of Commerce declined to comment on "individual conversations"
In December last year, Chief Minister of Assam Himanta Biswa Sarma had revealed Tata group's investment plans for a semiconductor facility in the state
Software startup Logicknots on Thursday said it has collaborated with the National Skill Development Council (NSDC) and Indian Institute of Technology Guwahati to elevate semiconductor design and verification education. A memorandum of understanding (MoU) to this effect was signed on Thursday in the presence of Union Education Minister Dharmendra Pradhan, and Union Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Rajeev Chandrasekhar, a statement said. According to the statement, the partnership aims to launch online courses to skill the nation's future semiconductor design engineers. Amidst a booming global semiconductor market, expected to surpass USD one trillion by 2030, Logicknots' initiative promises to fill the critical skill gap in the industry, it stated. Logicknots' Founder Hemant Vats said "our collaboration is set to redefine semiconductor education, making it more accessible and aligned with industry needs, thereby contributing to India's
The pace of increase in his wealth puts the Japanese billionaire in the top 30 gainers among the world's 500 richest people tracked by the Bloomberg Billionaires Index
The chip giant's shares have surged 46% this year and added about $560 billion in market value as of Monday, when they closed at a record around $722
The communication was sent on January 24, but late last week there were reports that Tower had applied to the Indian government to set up a fab plant that will make chips of 40-65 nanometres
Tower, seeking government incentives for its plan, is looking to manufacture 65 nanometre and 40 nanometre chips in India, the report said
PLI is Prime Minister Narendra Modi's dream scheme to transform India into a manufacturing hub for the world