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Page 39 - Semiconductor

Foxconn in talks with TSMC, TMH group to make chips in India: Report

Foxconn, with the two companies, is expected to make both advanced as well as legacy chips in India

Foxconn in talks with TSMC, TMH group to make chips in India: Report
Updated On : 14 Jul 2023 | 9:15 AM IST

Foxconn's change of heart on semiconductor factory a warning to India

Even if the government's targets for export growth are met, we will still be some distance behind smaller countries such as Vietnam

Foxconn's change of heart on semiconductor factory a warning to India
Updated On : 14 Jul 2023 | 6:52 AM IST

Foxconn-Vedanta JV split credit negative for UK mining firm: CreditSights

CreditSights had previously expected a "minimal credit impact" on Vedanta Resources based on the old arrangement, as Volcan, Vedanta's holding entity was undertaking the semiconductor investments

Foxconn-Vedanta JV split credit negative for UK mining firm: CreditSights
Updated On : 13 Jul 2023 | 12:26 PM IST

Gujarat holds talk with Foxconn for its semiconductor plant: Official

Foxconn this week exited its project with Vedanta, which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress

Gujarat holds talk with Foxconn for its semiconductor plant: Official
Updated On : 12 Jul 2023 | 7:40 PM IST

Vedanta to enter semiconductor market this year after Foxconn split

Foxconn separately intends to apply for incentives under India's semiconductor production plan

Vedanta to enter semiconductor market this year after Foxconn split
Updated On : 12 Jul 2023 | 7:57 PM IST

Will continue investments in India, invested $35 bn till date: Anil Agarwal

Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week

Will continue investments in India, invested $35 bn till date: Anil Agarwal
Updated On : 12 Jul 2023 | 5:00 PM IST

Foxconn-Vedanta deal off: What went wrong & what next for India's semiconductor dream

Recently, the highly anticipated partnership between Vedanta and Foxconn to establish a $19.5 billion semiconductor manufacturing plant in Gujarat, India, came to an unexpected halt. >

Icon YoutubeFoxconn-Vedanta deal off: What went wrong & what next for India's semiconductor dream
Updated On : 12 Jul 2023 | 1:24 PM IST

Memory chip giant SK Hynix considering setting up packaging plant in India

Samsung and SK Hynix are key players in the global sales of dynamic random-access memory (RAM) chips

Memory chip giant SK Hynix considering setting up packaging plant in India
Updated On : 12 Jul 2023 | 10:00 AM IST

Foxconn to apply for India chipmaking incentives after $19.5 bn JV pullout

"Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem," the company said

Foxconn to apply for India chipmaking incentives after $19.5 bn JV pullout
Updated On : 11 Jul 2023 | 12:30 PM IST

Foxconn withdrawal has no impact on India's semiconductor goals: MoS IT

Taiwanese electronics manufacturer Foxconn's decision to pull out of Vedanta joint venture has no impact on India's semiconductor fabrication plant goal, minister of state for electronics and IT Rajeev Chandrasekhar said on Monday. Foxconn has decided to pull out of the semiconductor joint venture with Indian conglomerate Vedanta. "This decision of Foxconn to withdraw from its JV wth Vedanta has no impact on India's Semiconductor Fab goals. None," Chandrasekhar tweeted. Vedanta Foxconn JV had announced the setting up of India's first electronic chip manufacturing unit in Gujarat with an investment of around USD 1.5 lakh crore. "Its not for govt to get into why or how two private companies choose to partner or choose not to, but in simple terms it means both companies can & will now pursue their strategies in India independently, and wth appropriate technology partners in Semicon n Electronics," Chandrasekhar tweeted. The minister said that both Foxconn and Vedanta have significant

Foxconn withdrawal has no impact on India's semiconductor goals: MoS IT
Updated On : 10 Jul 2023 | 7:17 PM IST

As Foxconn withdraws, Vedanta says other partners lined for chip plant

After withdrawal of Taiwanese electronic contract manufacturer Foxconn from its chip joint venture, Vedanta on Monday asserted that it is fully committed to its semiconductor project and has lined up other partners to set up India's first foundry. Vedanta said that it has redoubled efforts to fulfil the Prime Minister Narendra Modi's vision for semiconductors and affirmed that India remains pivotal in repositioning global semiconductor supply chains. "Vedanta reiterates that it is fully committed to its semiconductor fab project and we have lined up other partners to set up India's first foundry. We will continue to grow our Semiconductor team, and we have the license for production-grade technology for 40 nm from a prominent Integrated Device Manufacturer (IDM)," Vedanta said in a statement. The company had announced plans to set up its chip plant in Gujarat with an investment of around Rs 1.5 lakh crore. However, its JV partner Foxconn has announced to pull out of the project. "

As Foxconn withdraws, Vedanta says other partners lined for chip plant
Updated On : 10 Jul 2023 | 6:41 PM IST

Foxconn pulls out of semiconductor joint venture with Vedanta Ltd

Foxconn and Vedanta signed a pact last year to invest $19.5 billion to set up semiconductor and display production plants in Gujarat

Foxconn pulls out of semiconductor joint venture with Vedanta Ltd
Updated On : 10 Jul 2023 | 4:35 PM IST

Vedanta to acquire semiconductor, display biz from Twin Star Technologies

Anil Agarwal-led Volcan Investments has decided to rejig semiconductor business segment by bringing it under subsidiary Twin Star Technologies Limited, the group firm Vedanta said on Friday. Under the new structure, Twin Star Technologies (TSTL), which is a sister concern of Vedanta Ltd, will become its subsidiary and Vendanta's semiconductor and display business will be brought under TSTL. "The acquisition will be effected by way of a share transfer at face value of Twin Star Technologies Limited's (TSTL) Semiconductor and Display SPVs. TSTL is a wholly owned subsidiary of Volcan Investments Limited, the ultimate holding company of Vedanta Limited," Vedanta said in a statement. With this restructuring, Vedanta Limited announced the addition of semiconductors and display glass manufacturing ventures to its diversified portfolio. "Vedanta is committed to making India self-reliant in electronics. This is the beginning of the creation of a Silicon Valley in India, a cutting edge and .

Vedanta to acquire semiconductor, display biz from Twin Star Technologies
Updated On : 07 Jul 2023 | 7:20 PM IST

Foxconn Q2 sales fall 14%, Q3 outlook brighter ahead of shopping season

For the month of June, sales fell 19.7% year-on-year, though at T$422.8 billion it was still the second highest figure on record for the same period

Foxconn Q2 sales fall 14%, Q3 outlook brighter ahead of shopping season
Updated On : 05 Jul 2023 | 3:00 PM IST

Top headlines: I-T lens on reporting entities, rupee to face headwinds

Business Standard brings you the top headlines at this hour

Top headlines: I-T lens on reporting entities, rupee to face headwinds
Updated On : 05 Jul 2023 | 9:07 AM IST

Micron to start construction of $2.75 bn chip plant next month: Report

Micron Technology would start construction in August on a $2.75 billion chip assembly and test facility in Gujarat

Micron to start construction of $2.75 bn chip plant next month: Report
Updated On : 05 Jul 2023 | 7:17 AM IST

Work on Micron Technologies' unit to start in 45 days: Ashwini Vaishnaw

One new 5G tower going live every minute, 270,000 5G radios installed, says minister

Work on Micron Technologies' unit to start in 45 days: Ashwini Vaishnaw
Updated On : 03 Jul 2023 | 9:49 PM IST

Microchip Technology to invest $300 million to expand India operations

For starts, opens R&D unit in Hyderabad on 168,000 sq ft with capacity to house 1,000 employees

Microchip Technology to invest $300 million to expand India operations
Updated On : 03 Jul 2023 | 7:25 PM IST

UK-based firm plans to set up semiconductor fabrication unit in Odisha

A UK-based company is planning to set up a semiconductor fabrication unit in Odisha's Ganjam district with an investment of Rs 30,000 crore in the first phase, officials said. The SRAM & MRAM Technologies and Projects India Pvt Limited, the Indian unit of UK-based SRAM & MRAM Group, had signed a memorandum of understanding (MoU) with the state government on March 26 to set up the semiconductor unit in the state. After visiting some sites near Chhatrapur in the district, its Indian company officials headed by its chairman Guruji Kumaran Swami held a meeting with the district administration at Chhatrapur on Thursday. Ganjam Collector Dibya Jyoti Parida has assured the investors all facilities for setting up the unit. "We have visited some sites, including the industrial park of Tata and some private lands for the establishment of the proposed semiconductor unit. A technical team of the company will visit the district to finalise the site," said Debadutt Singhdeo, project ...

UK-based firm plans to set up semiconductor fabrication unit in Odisha
Updated On : 01 Jul 2023 | 12:27 PM IST

Japan to take over global leader in chipmaking compounds for $6 billion

The move could help Tokyo expand control over compounds essential for making advanced semiconductors

Japan to take over global leader in chipmaking compounds  for $6 billion
Updated On : 26 Jun 2023 | 10:23 PM IST