Page 42 - Semiconductor

PM Modi tells investors India wants to be 'trusted partner' for chipmaking

The investment bodes well for the event, which is the prime minister's latest attempt to attract investors into the chip industry after his initial bid to offer incentives floundered

Micron to make chips for domestic, global markets at its Gujarat facility

Micron Technology CEO Sanjay Mehrotra said that the Gujarat facility is expected to create up to 5,000 jobs

AMD's R&D plans for India to spur world-class semiconductor design: MoS IT

AMD's decision to set up its largest R&D design centre in India will play an important role in building a world-class semiconductor design and innovation ecosystem in the country, Union Minister Rajeev Chandrasekhar said on Friday. It will also drive tremendous opportunities for large pool of highly skilled semiconductor engineers and researchers and will position India as a global talent hub, Minister of State for IT and Electronics Rajeev Chandrasekhar tweeted. "I welcome @AMD's decision to set up its largest R&D #design center in #NewIndia and expansion of the India-AMD partnership. It will certainly play an important role in building a world class #semiconductor design and #innovation ecosystem," Chandrasekhar tweeted. He went on to add: "It will also provide tremendous opportunities for our large pool of highly skilled semiconductor engineers and researchers and will catalyse PM @narendramodi Ji's vision of India becoming a global talent hub." AMD on Friday announced an ..

Have identified world-class tech partner, tying up with them: Anil Agarwal

"For semiconductor we have identified world class partner, we have already identified a world class partner for technology and are in process of tying up with them," he said at SemiconIndia 2023

India focused on all key elements of semiconductor ecosystem: Vaishnaw

India is focused on all key elements of semiconductor ecosystem from design to manufacturing, and the nation is emerging as a trusted partner in global value chains, IT Minister Ashwini Vaishnaw said on Friday. In today's economy, semiconductors are required in every sector, Vaishnaw said addressing Semicon India 2023. Demand for electronics is growing every year, the minister added. Talking about Micron's mega plans for India, Vaishnaw said construction of the unit will start soon.

India to give financial aid to firms for setting up semiconductor fabs: PM

Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facility the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries. Speaking after inaugurating Semicon India 2023 conference in Gandhinagar, Modi said India is establishing an entire ecosystem for the semiconductor industry to grow in the country. We were offering incentives as part of the Semicon India programme. It has been increased, and now technology firms will get 50 per cent financial assistance to set up semiconductor manufacturing facilities in India, Modi said. The semiconductor industry will witness exponential growth in India, Modi said. A year ago, people used to ask why should they invest in the Indian semiconductor sector. Now they ask why not invest in India, he added. India is becoming a grand conductor for investments in the semiconductor sector, Modi said. The

Optimistic about India semiconductor path; let's do this together: Foxconn

Foxconn on Friday said it is optimistic about direction of India's semiconductor roadmap, and asserted that Taiwan is and will be India's most trusted and reliable partner. "Let's do this together," Young Liu, Chairman of Foxconn said addressing SemiconIndia 2023. Building an ecosystem for chips in India is "for very brave", he said adding "Where there is a will, there is a way". Lauding the determination of the Indian government in this regard, Liu expressed optimism about where the nation is headed on its semiconductor journey. "Taiwan is and will be your most trusted and reliable partner...Let's do this together," he said. Foxconn is the world's largest contract electronics manufacturer based in Taiwan.

AMD plans to invest $400 mn in India to expand R&D, engineering operations

The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the its largest design center

AMD to invest $400 mn in India over 5 yrs to extend R&D capabilities

AMD on Friday announced an investment of USD 400 million in India over five years, and said the company will be a strong partner in building India's semiconductor ecosystem. The company will open a new research and development campus in Bengaluru, which will be its largest such facility in the world. "AMD will invest USD 400 million in India in 5 years," Mark Papermaster, EVP and CTO of AMD, said addressing SemiconIndia 2023 here. AMD will build on its two decades of growth and successful presence in India, he said, adding that the company expects to add 3,000 additional engineers in India by 2028, as it extends R&D capabilities in the country.

PM Narendra Modi to inaugurate Semicon India 2023 in Gandhinagar today

Prime Minister Narendra Modi will inaugurate 'Semicon India 2023', a national-level event focusing on the semiconductor industry, in Gandhinagar on Friday. PM Modi, who has been on a two-day Gujarat visit, is scheduled to inaugurate the event at 10.30 am. On Thursday, the first day of his tour, the prime minister inaugurated a greenfield international airport near Rajkot city and other development projects on the first day of his tour. He also addressed a gathering in Rajkot city later. The 'Semicon India 2023' inaugural programme will highlight investment opportunities in India's semiconductor sector through an informative presentation and a stimulating panel discussion led by industry, a government release said. The event aims to catalyse the semiconductor industry's progress through networking, technology demonstrations and lucrative business prospects, it said. During the three-day conference ending on July 30, experts in the fields of semiconductor chip, display fab, chip ...

Silicon Power to invest $121.7 mn in semiconductor plant in Odisha

Silicon carbide is a component that goes into chips used in electric cars and other industrial power and energy applications

India, Japan explore collaboration in semiconductors, other critical tech

India and Japan on Thursday explored possible collaboration in critical and emerging technologies such as semiconductors, besides ways to expand cooperation in areas of defence equipment and technology. In their wide-ranging talks, External Affairs Minister S Jaishankar and his Japanese counterpart Yoshimasa Hayashi emphasised the crucial role of a strong and enduring partnership between India and Japan in ensuring a free, open, and prosperous Indo-Pacific. The two sides also highlighted the importance of achieving the target of five trillion Yen Japanese investment in India in the period 2022-27, according to the Ministry of External Affairs (MEA). The talks took place hours after Hayashi arrived here on a two-day visit with an aim to review and bolster Indo-Japan strategic ties. In a tweet, Jaishankar described the discussions at the 15th India-Japan Strategic Dialogue as "warm and comprehensive". "Our talks covered enhancing political, defence and security, economic and commerc

India missed semiconductor bus, now it's a rising force: Chandrasekhar

The programme holds significance as the government-backed India Semiconductor Mission has gained traction in the past few months

Semiconductor PLI to help India do in 10 yrs what China did in 30: IT min

India is on track to becoming a key player in the global semiconductor supply chain in the next decade with USD 10 billion of incentives and assistance provided to encourage local chip manufacturing, Union minister Rajeev Chandrasekhar said on Thursday. The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan's Foxconn, who promised multi-billion dollar investment in setting up units to manufacture chips, which are used in products ranging from mobile phones to cars. Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said there is "not one person in the semiconductor global ecosystem" that does not see India as "a very credible, viable and fast charging destination for semiconductor investments and innovation". He also said that India is on track for the next 10 years in the semiconductor space with USD 10 billion (about Rs 81,993 crore), compared to China's three decades of progress. "We are on track to do in the next

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Indian entrepreneurs quietly making their way into semiconductor industry

Leveraging govt incentives, firms like Tarq Semiconductors and Silicon Power Corp are making strides in compound chips and packaging

PM Modi to inaugurate 'Semicon India 2023' at Gandhinagar on July 28

Prime Minister Narendra Modi will inaugurate 'Semicon India 2023', a premier showcase of India's semiconductor capabilities and chip design innovation, on July 28 at Gandhinagar. With the participation of companies like Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP Semiconductors, STMicroelectronics, the mega event will shine a light on India's rapid strides towards fostering global semiconductor manufacturing and design ecosystem. The event will offer deep insight into cutting-edge technologies and innovations in chip-making and will bring together the biggest names in the semiconductor and technology industry. "The Ministry of Electronics and Information Technology...is poised to make significant strides in revolutionising the semiconductor landscape in India with the inauguration of 'Semicon India 2023' in Gandhinagar, by...Prime Minister Narendra Modi on 28 July 2023," according to a statement. Prior to the commencement of the main event, an exclusive exhibitio

CEOs of largest chip firms ask US to study impact of China curbs and pause

During meetings in Washington, Intel Corp.'s Pat Gelsinger, Nvidia Corp.'s Jensen Huang and Qualcomm Inc.'s Cristiano Amon warned that export controls risk harming US leadership of the industry

Govt nods Semiconductor Lab modernisation as brownfield chip making unit

The government has approved the modernisation of the Semiconductor Laboratory as a brownfield chip manufacuring unit, Parliament was informed on Friday. Minister of State for Electronics and IT, Rajeev Chandrasekhar in a writtten reply to the Rajya Sabha said that till date only one proposal of Micron Technology Inc for setting up a semiconductor ATMP unit in India with a capital investment of Rs 22,516 crore (USD 2.75 Billion) has been approved. "Government has also approved modernisation of Semiconductor Laboratory, Mohali as a brownfield Fab," the minister said. In response to a separate question if steps taken by the government will lead to a decline in import of semiconductor, Chandrasekhar said that Micron Technology Inc's ATMP has been approved in the month of June 2023 and the company has projected construction period of 18 months. "Hence decline in imports may not be expected in near term," Chandrasekhar said.

Bargaining chip: India's semiconductor plant story is still loading

Getting a silicon fab plant off the ground might take longer