Page 44 - Semiconductor

Foxconn seeks to work with STMicro to build semiconductor factory in India

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country

How Micron planned its Sanand project to match India's semiconductor play

Critics say the project is hyped, as Micron will be merely importing its wafers and doing low-value ATMP processing

Chinese chipmaker raises over $1.8 bn as Beijing prepares new chip fund

With this injection of capital Shanghai-based GTA Semiconductor has in less than two years racked up over $2.7 billion of mostly state funds

China to launch new $40 bln state fund to boost chip industry: Report

Its target of 300 billion yuan ($41 billion) outdoes similar funds in 2014 and 2019, which according to government reports, raised 138.7 billion yuan and 200 billion yuan respectively

Nvidia CEO Huang dispels fears of semiconductor chip shortage amid AI boom

Though Nvidia didn't give long-term projections Wednesday, Huang said that supply will "substantially increase for the rest of this year and next year

SoftBank-owned Arm files for IPO in US, could be biggest in nearly 2 years

At $10 billion, the listing could be the largest in the US since electric-vehicle maker Rivian Automotive Inc's $13.7 billion offering in October 2021

Intel calls off $5.4 bn semiconductor deal after failing to get approvals

Intel will terminate a USD 5.4 billion deal to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid rising tensions with the United States. It was a mutual decision between Intel and Tower, the companies said Wednesday. Intel said that the deal was terminated due to the inability to obtain in a timely manner the regulatory approvals required under the merger agreement. Intel Corp. will pay Tower a termination fee of USD 353 million, the US semiconductor giant said. The deal required regulatory approval from several regulators worldwide including China, but Chinese regulators did not greenlight the deal by the August 15 transaction deadline, even after Intel CEO Patrick Gelsinger travelled to China last month in a bid to win them over. The scuttled deal between the two companies comes amid increasing US-China tensions, particularly as the US has tightened export controls and imposed restrictions aimed at crippling China's ability to

Cadence Design Systems: Powering semiconductors, behind the scenes

Globally, Cadence has about 11,000 employees, one-third of whom are in India. Its second largest R&D centre is also in Noida

Foxconn spends more to accelerate global migration as China falters

What replaces Foxconn's former mega-factory strategy will have huge ramifications for multi-billion dollar industries, geopolitics, and the world's largest economies

After laptops, cameras and printers may be next in line for import curbs

For FY23, India's total merchandise imports stood at $714 billion, which is 16.5% more than last year. This has resulted in a rising current account deficit

Applied Materials to bring its global suppliers to set operations in India

India is a key market for US-based Applied Materials where the firm plans to invest $400 million over coming years in a new engineering centre in the tech hub of Bengaluru

Qualcomm announces appointment of Savi Soin as president of India division

Qualcomm, the largest maker of smartphone processors, on Friday announced the appointment of Savi Soin as president of Qualcomm India, to steer and lead the company's strategy for the Indian market. Rajen Vagadia, Qualcomm India president for the last five years, will relocate to Qualcomm headquarters in San Diego and transition to a new role as a Vice President to lead Global Distribution and Global Carrier Strategy. Soin's appointment will be effective immediately and he will be reporting directly to Jim Cathey, Chief Commercial Officer, Qualcomm Technologies. "Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India," the statement said. As President of Qualcomm India, Soin will lead Qualcomm's strategy in India by fostering relationships with industry partners and the government across mobile, automotive, semiconductor, industrial and IoT and communication infrastructure sectors, the company said. Soin has been

Foxconn to invest $600 mn in Karnataka for components, chipmaking machinery

The world's largest contract manufacturer will also invest $250 million in a second plant where it aims to produce chipmaking tools in partnership with Applied Materials

TMS Ep489: Maruti acquisition, Mumbai property price, DVR, semiconductors

Why is Maruti buying its parent's unit in Gujarat? Why is buying a house costlier in Mumbai than in Dubai? Has fundraising via DVRs run its course? What is a semiconductor? All answers here

GlobalFoundries on the lookout for local partners to set up India chip fab

It could take a couple of years before any concrete plans are finalised for the chip fabrication unit

Viral room-temperature superconductor claims spark excitement & skepticism

The papers have sparked wild enthusiasm online. At same time, there are reports of disputes among the Korean researchers over whether the research should have been released at all

Foxconn EV venture targeting India or Thailand for new small car plant

The Taiwanese company's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000

Apple's main supplier Foxconn plans $500 mn component plants in India

Foxconn Technology Group, plans to increase its investments to more than $1.2 bn in southern India's Karnataka state and add two component factories there

Foxconn Industrial Internet denies signing deal with Tamil Nadu: Report

The government of the southern Indian state of Tamil Nadu said on Monday it has signed a deal with Foxconn for a new electronic components manufacturing facility that would create 6,000 jobs

Japan chip equipment supplier Disco to set up center in India: Report

The chipmaking device supplier will consider opening an applications laboratory, which performs test cuts and other experimental processing at customer's request, in India, the report said