Prime Minister Narendra Modi has invited American chip maker Micron Technology to boost semiconductor manufacturing in India as the country provides competitive advantages in various parts of the product's supply chain. He also invited Applied Materials to India for development of process technology and advanced packaging capabilities. Modi in his meeting here with President and CEO of Applied Materials Gary E Dickerson discussed the potential of the company's collaboration with academic institutions in India to create a skilled workforce. "The prime minister invited Micron Technology to boost semiconductor manufacturing in India," a ministry of external affairs statement said. During his meeting with CEO of General Electric H Lawrence Culp , Modi invited the company to play a greater role in the aviation and renewable energy sector in India. "Prime minister appreciated GE for its long-term commitment of manufacturing in India. The prime minister and Mr. Culp Jr discussed GE's gre
"We discussed a wide range of topics and we really look forward to greater opportunities in India," said Mehrotra
Acknowledging that India is a trusted partner, Dickerson recognized the exceptional talent that India possesses, which is appreciated by many countries worldwide
Before announcing its long-awaited Vision Pro headset alongside upgraded Macs this month, Apple weathered a tough first quarter where sales of its hardware either slumped or stagnated
Micron's plant is set to be built in Modi's home state of Gujarat and the government will dole out production-linked incentives worth 110 billion rupees, said official
The US in October 2022, announced its own export control measures affecting advanced computing integrated circuits and certain semiconductor manufacturing items
PM Modi is expected to meet the top 20 business leaders of US companies, including Mastercard, Accenture, the Coca-Cola Company, Adobe Systems and Visa
The agreement includes what Intel said was increased government support including incentives, reflecting the expanded scope of the project since it was first announced in March 2022
An announcement could be made as soon as when Prime Minister Narendra Modi visits the US next week, said the people, who asked not to be identified because the details are private
Tech giant Samsung is reportedly planning to unveil a new time-of-flight (ToF) sensor for AR/VR (mixed reality) headsets which will feature an on-chip Image Signal Processor (ISP)
In May, Finance Minister Nirmala Sitharaman said that the Centre is prioritising attracting more investments in India by expanding the production-linked incentive schemes to include semiconductors and
Asia's most valuable company gained more than 3% Tuesday, fueled also by hopes that a post-Covid chip downturn is nearing an end
The free ride in non-luxury state-run buses for women across Karnataka under the 'Shakti' scheme on Monday cost the state exchequer Rs 8.84 crore, according to the transport department. On day one of the launch of the scheme on Sunday, the department incurred an expenditure of Rs 1.40 crore. In just two days, the total expenditure under the scheme -- a key pre-election promise of the Congress -- was Rs 10.24 crore. According to data shared by the department, on Monday Karnataka State Road Transport Corporation incurred an expenditure of Rs 3.58 crore, Bangalore Metropolitan Transport Corporation, which operates city buses, Rs 1.75 crore, the North West Karnataka Road Transport Corporation Rs 2.11 crore and the Kalyana Karnataka Road Transport Corporation Rs 1.40 crore. If one were to take into consideration the Monday figure, the annual expenditure on this scheme may touch between Rs 3,200 crore to Rs 3,400 crore, a transport officer told PTI.
Prosecutors said in a statement Monday they arrested a 65-year-old accused of stealing trade secrets from 2018 to 2019 to reproduce a chip plant in the northern city of Xi'an
Aiming to streamline the decision-making process and facilitate greater domestic production of semiconductors, the Union Cabinet will now approve all proposals for setting up of semiconductor units
Countries want to invest in semiconductors. It's very tough to get investments. But in 40 nanometers and above, I believe we still have chance, said Ajai Chowdhry, co-founder of HCLTech
MeitY eyes a more robust response to a reoriented incentive scheme based on stakeholder feedback
Semiconductor Chip Race: Where does India stand in the race to manufacture one of the most wanted electronic components? Watch the video to know. >
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A $3 billion proposal that had Israeli foundry Tower Semiconductor Ltd. as a tech partner has also stalled, while a third plan is stuck because Singapore-based IGSS Ventures Pte wants to re-apply