Page 47 - Semiconductor

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

Nissan reports surging profit amid strong sales, easing chip crunch

Japanese automaker Nissan reported Thursday a seven-fold surge in January-March profit and forecast strong sales for this fiscal year riding on the popularity of its new model offerings. Nissan Motor Co.'s net profit for the fiscal fourth quarter totalled 106.9 billion yen (USD 798 million), up dramatically from 14.2 billion yen a year ago. Quarterly sales jumped 36 per cent to 3.097 trillion yen (USD 23 billion), amid an easing of the supply shortage of computer chips and other parts, which had been caused by social restrictions related to the coronavirus pandemic. Chief Executive Makoto Uchida told reporters the automaker was preparing all-solid-state batteries for its electric models, as the world makes a rapid shift toward green zero-emissions technology. He acknowledged serious challenges remained but promised to boost Nissan's profitability, especially in key markets like China. A midterm plan will be outlined later this year to transform Nissan into a truly healthy and ...

India Semiconductor Mission signs MoU with Purdue University in US

Union Minister of Electronics and IT, Ashwini Vaishnaw, who is in the US, informed that the Indian Semiconductor Mission signed an MoU with Purdue University for capacity building, research and development, and industry participation.Taking to his official Twitter handle, Ashwini Vaishnaw stated, "MoU between India Semiconductor Mission (ISM) and Purdue University, US, for cooperation in capacity building, R & D and industry participation."Ashwini Vaishnaw also met the leadership team at Intel in the United States.Earlier on Tuesday, Ashwini Vaishnaw met Google CEO Sundar Pichai at Google Headquarters and held a discussion on India Stack and the 'Make-in-India' program.Ashwini Vaishnaw tweeted, "Met @sundarpichai at the @Google HQ. Good discussion on India Stack and Make in India program."Responding to Vaishnaw's tweet, Sundar Pichai thanked the minister for visiting Googleplex. He tweeted, "Thank you for taking the time to visit us at the Googleplex, Minister @AshwiniVaishnaw. ...

India's semiconductor market to touch $64 bn by 2026: Counterpoint-IESA

The country's telecom stack and industrial applications will account for two-thirds of the total market share