Page 6 - Semiconductor

Semicon 2.0 equity norms to boost chip design investment: IT secy

Provisions under Semicon 2.0 to provide incentives to Indian chip-making firms against equity are expected to drive largescale investment required for the development of advanced chips for technology such as artificial intelligence, a senior government official has said. Under Semicon 2.0, which has a budget of Rs 1.27 lakh crore, the central government has prioritised chip design by Indian companies. In an interview to PTI on Saturday, Ministry of Electronics and IT Secretary S Krishnan said advance chip design may need thousands of crores of investments. "We intend to provide more funding. Otherwise, under design-linked incentive scheme, you get only about Rs 15 crore. Now, to design high-end chips you need Rs 1,000 crore or more. "At the same time, the government can't give everything. This is why you have this combination saying that you get investment from a venture capitalist or somebody who believes that you will be able to bring out this chip, and we will co-invest," he ...

Tata Electronics to launch India's first chip fab using older technology

Tata Electronics is preparing to manufacture India's first large-scale semiconductor wafers using 90nm process technology at its Dholera plant, marking a shift from its earlier 28nm plans

Centre unlikely to give incentives for technology transfer under ISM 2.0

India's semiconductor mission shifts focus as government plans to exclude technology transfer and land incentives under ISM 2.0

Centre open to buying stake in semiconductor design startups: ISM CEO

ISM CEO Amitesh Kumar Sinha says the government will match private investment in eligible semiconductor startups without seeking management control, helping attract venture capital

Semicon 2.0 mission: What’s in India’s ₹1.27 trillion chip plan? | Semiconductor chip manufacturing

The Union Cabinet has approved Semicon 2.0, the second phase of the India Semiconductor Mission, with an outlay of ₹1.27 trillion. It aims to boost chip design, manufacturing, packaging, research and

India key EU partner in semiconductor sector: European Commission VP

India is a very important partner for the European Union in the semiconductor sector as the bloc seeks to work with trusted partners to strengthen its chip supply chains and build its own capacity, a senior European Commission leader said on Wednesday. Speaking at a joint press conference after the third India-EU Trade and Technology Council (TTC) meeting in Brussels, European Commission Executive Vice-President for Tech Sovereignty, Security and Democracy Henna Virkkunen said India is an important partner for semiconductor research and development because of its vast pool of highly skilled talent. "With semiconductors, we see that India is a very important partner for the European Union. Our Chips 2.0 was adopted in June. We are especially focusing on improving the resilience of our supply chains. We want to build up our own capacity in the European Union, but we also want to work with our trusted partners," she said. Describing the semiconductor industry as global with long and ..

Taiwan's TSMC to invest another $100 billion in US chip manufacturing

Major Taiwan computer chipmaker TSMC said Thursday it plans to spend another USD 100 billion on expanding its manufacturing capacity in the United States. The latest commitment appears to bring the company's total pledges for investment in US chipmaking to USD 265 billion. It also raised its annual revenue forecast after booking record high profits thanks to runaway demand from the boom in artificial intelligence. The world's largest contract chip manufacturing and one of the world's most valuable companies, TSMC's results are seen as a barometer for the global chip industry and for AI at a time when worries about a potential AI bubble have been buffeting financial markets. As AI-related demand continues to surge, it has been expanding chip fabrication plants in the US, Japan and Taiwan. It said it is increasing its annual capital expenditure budget for this year to USD 60 billion-USD 64 billion, up from an earlier estimate of USD 52 billion-USD 56 billion. TSMC or Taiwan ...

Fed's Warsh says AI-driven price pressures may not prove inflationary

Fed Chair Kevin Warsh said AI-driven price increases may not be inflationary, arguing higher investment could boost productivity and wages over time

Cabinet unveils ₹1.9 trillion semiconductor, smartphone manufacturing plans

The second phase will support chip design through grants and equity investment, while semiconductor equipment, chemicals, gases and materials will receive a 30 per cent incentive

Cabinet clears ₹1.28 trn ISM 2.0, approves ₹62,500 cr for mobile scheme

India's semiconductor push enters its next phase as the Cabinet approves the ₹1.28 trillion Semicon 2.0 programme focused on the entire chip ecosystem

SK Hynix's Seoul shares see worst day; TSMC posts 36% hike in Q2 sales

The company's United States (US)-listed shares dropped 7.9 per cent to $154.7 in early trading after jumping more than 12 per cent in their Nasdaq debut on Friday

TSMC posts record second-quarter revenue as AI demand drives 36% growth

Taiwan Semiconductor ​Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple

IT industry should capitalise on global semiconductor talent gap: Vaishnaw

Union Minister Ashwini Vaishnaw on Saturday said the talent shortage in the semiconductor industry is estimated at one million globally, and the IT industry in the country should seize the opportunity. Speaking at an interaction with IT industry representatives, he said that because of Prime Minister Narendra Modi's focused push on the semiconductor industry, 12 plants are now under different stages of development, and three of them have started manufacturing chips. The chips are being exported to Japan, the US and Europe, he said. "People say the talent shortage in the semiconductor industry is of the order of one million globally," the Union IT and Electronics Minister said. The opportunity can be seized by the IT industry in the country in a big way, as it knows how to design and develop entirely new solutions in electronics and IT, he said. To support the industry, the Centre has provided the most advanced semiconductor design tools to 315 universities, he said. He said ...

Why critical minerals are becoming central to India's bilateral deals

As competition for critical minerals intensifies, India is strengthening partnerships with resource-rich nations to secure supplies needed for its clean energy, EV and semiconductor ambitions

ISM Phase-I: Where India stands in building its semiconductor ecosystem

India has approved 12 semiconductor projects under the ₹76,000-crore India Semiconductor Mission, including its first chip fab and display fabrication units

'Commercial chipmaking in Sanand validation of India's long-term vision'

CG Semi has commenced commercial production at its G1 OSAT facility in Sanand, Gujarat

No AMD product goes out without India's stamp on it: Jaya Jagadish

AMD India, with a workforce of about 10,000, accounts for around 26 per cent of the company's global workforce, she said

India building complete electronics value chain, says PM at OSAT launch

Prime Minister Narendra Modi on Saturday said that India is building the entire electronics value chain from products and components to semiconductors which is the country's roadmap to 'Viksit Bharat' (developed India). The PM, who inaugurated the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility here, also said that India's youth will power AI, robotics and next-gen tech revolution with Made in India chips. "The expansion of the semiconductor industry in India did not happen overnight. It is the next step in the electronics revolution that has taken place in India over the past decade," he said as he was handed the first semiconductor chips made at the company, to be exported to Japan. "First products, then components and now semiconductors....India is building the entire electronics value chain. This is the roadmap to Viksit Bharat. This is the next phase of Make in India," Modi noted. The government's goal is to build a complete semiconductor ecosystem in India,

PM Modi to launch ₹1 trillion projects in Rajasthan, Gujarat on Saturday

Prime Minister Narendra Modi will inaugurate a refinery-cum-petrochemical complex, a semiconductor facility and other projects worth about ₹1.06 lakh crore during his visit to Rajasthan and Gujarat

IT industry to undergo workforce transition due to AI: Neelkanth Mishra

Neelkanth Mishra says AI will reshape India's IT workforce through reskilling and new roles, while urging stronger research, deep-tech capital and domestic AI capabilities