Page 49 - Semiconductor

Passenger vehicle dispatches rise 19% in June as chip supply improves: SIAM

As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle dispatches to dealers stood at 2,75,788 units last month against 2,31,633 units in June 2021

When the chips are down: Why vehicle prices in India keep increasing

The primary reason is the supply chain bottlenecks arising due to a shortage of semiconductors

Vedanta Group eyes $3.5-bn turnover from chip biz, one-third from exports

Vedanta Group's global managing director of display and semiconductor business said their JV partner Foxconn has all the agreements and required technologies in place to start making electronic chips

Auto sales jump in June as global semiconductor shortage eases

Maruti Suzuki dispatched 128,999 units to its dealers in June as against 128,432 units in the same period last year

Samsung to announce mass production of 3nm chip next week: Report

Samsung Electronics is expected to announce mass production of 3-nanometer semiconductors next week, sources said on Wednesday, beating its foundry rival TSMC in advanced chipmaking process

After 3 yrs of challenges, auto sector may see double-digit growth in FY23

Industry insiders, analysts say SUVs to lead the charge among cars, two-wheelers to make strong comeback

India's first display fab to be established in Telangana worth Rs 24,000 cr

The Telangana government signed an MoU with Karnataka-based Elest for the proposed fabrication unit which will manufacture next generation displays for smartphones, tablet computers, and laptops

SankhyaSutra unveils 'Made in India' software for aircraft design

Reliance Industries Ltd had acquired an 83 per cent stake in SankhyaSutra Labs in 2019, with an investment of Rs 216 crore

Taiwan raids Chinese firms in latest crackdown on chip engineer-poaching

Taiwan has ramped up a campaign to counter illegal poaching by Chinese companies in what the island sees as a threat to its chip expertise

Adani calls global cooperation 'facade', pitches for self-reliant India

Collaborations not condescension is key to the new world order, he said, adding self-defence and self-reliance preoccupy war-wary leaders in Davos

Samsung to spend $360 billion on microchips, biotech over five years

Samsung promised in a statement to create 80,000 jobs through 2026, mostly in semiconductors and biopharmaceuticals.

Intel CEO Pat Gelsinger says chip shortage risks global expansion

Gelsinger said at a press roundtable on the sidelines of the World Economic Forum that to us, this is now the No. 1 issue, is in fact the delivery of equipment

Tata Motors expects PV industry to surpass FY19 volumes this fiscal

The firm expects a better business environment this fiscal even as chip shortages continue to making it challenging to cater to the enhanced demand

'Semiconductor shortage to ease off after 6 months': Dheeraj Hinduja

Executive chairman of Ashok Leyland says commercial vehicles sector will revive and steel prices will soften in some three months.

Vedanta-Foxconn talks with Karnataka on chip unit stuck over sops: Report

Vedanta-Foxconn is checking with other states such as Maharashtra, Gujarat, and Telangana to ascertain if they can find a better offer than Karnataka

Tech giant Samsung likely to raise contract chipmaking prices by upto 20%

Possible price increases are in line with the industry-wide trend to charge more for chip manufacturing amid high inflation and rising raw material costs

Smartphone demand drops 'like a rock', 200 million less handsets this year

The SMIC predicted a gloomy outlook for consumer electronics demand, saying it sees no sign of a recovery anytime soon

Tata Motors expects capex to increase to up to Rs 6,000 crore in FY23

The investments will be spread across the company's different verticals of commercial vehicles, passenger vehicles and electric vehicles, Group CFO P B Balaji said

India's own semiconductor consumption to cross $80 bn by 2026: PM Modi

To give a boost to the semiconductor sector, India recently hosted a big conference. Indian PM Narendra Modi said India's own consumption of semiconductors is expected to cross $80 billion by 2026

Israel's Tower will have a 10-15% stake in venture: Next Orbit's Ajay Jalan

'Tower is fully committed to support the venture from the detailed project report stage and tech transfer to project execution', said Jalan