Page 46 - Semiconductor

Vedanta-Foxconn setback shows cracks in Modi's $24 bn manufacturing push

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

Govt in talks with US-based Micron Technology for semiconductor fab factory

The $30.8 billion Micron has 11 manufacturing sites spread across the US, Japan, Malaysia, Singapore, Taiwan and China

Centre to approve several chip fabrication plant proposals soon: MoS IT

The government will approve multiple semiconductor packaging and fabrication plant proposals in the coming weeks, said Union Minister of State for Electronics and IT, Rajeev Chandrasekhar

Betting big: Global subsidy race puts a spanner in India semicon works

But other countries are also ramping up their chip manufacturing plans

Nvidia set to become first US chipmaker valued at over $1 trillion

Nvidia's shares rose about 25% last week sparking rally in AI stocks and boosted other chipmakers, helping the Philadelphia SE Semiconductor index close on Friday at its highest in over a year

How Nvidia is leading other chipmakers amid the emergence of ChatGPT

ChatGPT has disrupted the tech world, but not many know that US-based Nvidia is at the heart of the AI revolution

US, Chinese trade officials express concern over each other's restrictions

Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, expressed concern Thursday about policies of each other's governments following Chinese raids on consulting firms and U.S. curbs on exports of semiconductor technology, their governments said. The two sides announced no progress in disputes over technology and security but said Raimondo and Wang promised to strengthen exchanges on trade issues. Companies from both sides have been buffeted by tighter official controls on trade in semiconductors and other activity on security grounds. Political relations between the two governments are at their lowest level in decades following disputes over technology, security, China's territorial claims and Beijing's treatment of Hong Kong and ethnic minorities. Raimondo raised concerns about Chinese actions against U.S. companies in China, her office said in a statement. It said they also discussed the trade and investment environment and areas for potential cooperation but

Mike Young to take charge as senior VP for Vedanta's semiconductor biz

His appointment comes at a time when Anil Agarwal-led Vedanta has been on an aggressive talent acquisition drive to attract leaders from the semiconductor industry globally

Global DRAM chip demand expected to overtake supply by June: Report

Global DRAM demand is expected to overtake supply as early as July, a recent industry report showed, in a change that would lessen pressure on semiconductor companies reeling from a chip downturn

China defends ban on Micron, accuses Washington of 'economic coercion'

The Chinese government on Wednesday defended its ban on products from US memory chipmaker Micron Technology Inc. in some computer systems after Washington expressed concern, adding to strains over technology and security. The security review of Micron products was conducted in accordance with the law," said a foreign ministry spokesperson, Mao Ning. The Cyberspace Administration of China on Sunday said Micron products have unspecified security risks but gave no details. It banned them from computers that handle sensitive information. That came after Washington, Japan and the Netherlands blocked Chinese access to technology to make advanced processor chips on security grounds at a time when the ruling Communist Party is threatening to attack Taiwan and is more assertive toward its other Asian neighbours. China's cybersecurity review does not target specific countries or regions, Mao said. We do not exclude technologies and products from any country. Companies on both sides have bee

Apple inks multi-billion-dollar deal with Broadcom for US-made chips

Broadcom shares were up 4.3% in premarket trading after the announcement. The chipmaker is already a major supplier of wireless components to Apple

Britain unveils $1.2 bn strategy to boost semiconductor chip industry

Britain's government unveiled its long-awaited semiconductor strategy on Friday, catching up with similar efforts by Western allies seeking to reduce reliance on Asian production of the computer chips that are essential to modern life. Under UK plan, the country's semiconductor industry will get up to 1 billion pounds (USD 1.2 billion) in government investment over the next decade. The amount is dwarfed by the US Chips Act, which provides USD 52 billion in government incentives, and the European Union's 43 billion euro (USD 46 billion) chip programme. The money provided by the British government will be focused on research and development, design and intellectual property and on cutting-edge compound semiconductors. The first 200 million pounds will be provided between 2023 and 2025. Our new strategy focuses our efforts on where our strengths lie, in areas like research and design, so we can build our competitive edge on the global stage," Prime Minister Rishi Sunak said. The strat

Samsung to build $222 million chip development facility in Japan's Yokohama

Samsung will build chip development facility in Yokohama as part of a highly symbolic initiative that will spur collaboration between the Japanese and South Korean chip industries, the media reported

Top headlines: Go First blames lessors, Vedanta balance sheet in stress

Business Standard brings you top news at this hour

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

When asked if the 50% increase was high, he replied: "Yes. But at least you are getting the stuff (chips). It is obviously at the cost of someone else"

Govt to spend $1.2 billion on modernising semiconductor lab in Mohali

Action is part of govt's $10 bn Semiconductor Mission of 2021; Centre sees chip market in India growing at 22% CAGR, reaching Rs 9 trillion or 10% of global market by 2030

OPPO shuts chip design unit amid uncertainties in semiconductor market

Smartphone maker OPPO has shut down its chip design subsidiary called Zeku, as the semiconductor market goes through a heavy slump, the media reported on Friday

Soon to announce policies to position India as semiconductor nation: MoS IT

India is cementing its place in future of global supply and value chains, and soon-to-be announced semiconductor fab and first packaging unit in the offing along with potentially 100 design startups by 2024 mark its rise as a semiconductor nation, Union Minister Rajeev Chandrasekhar said on Friday. From near zero levels just a year-and-half ago, India is now well on its way to having 100 semiconductor design startups by 2024. Currently as many as 27-30 design and semiconductor start-ups are "doing very good work", he said. Citing global companies like Apple, Cisco and Samsung that have deepened their commitment here, Chandrasekhar, who is Minister of State for Electronics and IT, said India's role in future of technology and global supply and value chain as well as innovation ecosystem "is firmly established". "We are shortly going to announce a fab, and shortly going to announce the first packaging investment, we have the ability today to showcase almost 30 design startups and we a

Centre announces $2 bn investment in Mohali's Semiconductor Laboratory

Around 27 startups have emerged in the country's semiconductor industry in recent years, said Union Minister Rajeev Chandrasekhar

India will soon have 85,000 talent pool in semiconductor space: MoS IT

On the Digital India Act (DIA), the minister said it is going to supersede the IT Act, which has gone into the pre-consultation phase