Page 2 - Semiconductor

Approval to electronic chip makers likely in 6-8 months: Ashwini Vaishnaw

Minister of state for electronics and IT Rajeev Chandrasekhar said at conference that Indian Semiconductor Mission is evaluating the process and the approvals will come after the due diligence is done

India on way to reach $300 bn worth electronic goods production: Vaishnaw

Union Minister Ashwini Vaishnaw also said developing a semiconductor industry is not a sprint but a marathon and that the government is for it

Centre woos semiconductor makers in quest to become key global player

India will provide support for companies looking to invest in semiconductor manufacturing, Prime Minister Narendra Modi said on Friday

Vedanta seeks free land, power in race to be India's 1st chipmaker: Report

Vedanta has told state governments that its operations would help them generate $2.2 billion in tax revenues over 20 years and create up to 100,000 direct and indirect jobs, said the first source

Set up factories here: India's message to semiconductor makers

A few days ago, Finance Minister Nirmala Sitharaman, during a visit to the US, made a strong pitch to the leading chip companies to invest in India.

Rising oil prices, inflation to hit India's smartphone market in 2022

The biggest challenge this year will be maintaining device affordability in India, according to global market research firm Canalys

Only 9% of India's semiconductor needs fulfilled locally in 2021: IESA

The Indian semiconductor market was valued at $27 billion in 2021 and is expected to grow at a healthy CAGR of 16% from 2019 to 2026 to reach $64 billion in 2026, says IESA report

FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting

Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April

Chip manufacturing push timely amid global supply woes: HCL co-founder

India's manufacturing push is timely and positions the country strongly to grab a massive opportunity in the electronics hardware space, said HCL co-founder Ajai Chowdhry

Worldwide semiconductor revenue grew 26% in 2021: Report

The most significant shift among the semiconductor vendor ranking in 2021 was HiSilicon dropping out of the top 25

Semiconductor plant with Foxconn to come up in 2 years: Vedanta chairman

Vedanta chairman Anil Agarwal on Tuesday said that the company in partnership with Foxconn will set up a semiconductor manufacturing plant in the next two years. The Indian conglomerate had already entered into a pact with electronics manufacturing giant Foxconn to form a joint venture (JV) for manufacturing semiconductors in India. Agarwal termed the signing up of the pact with Foxconn as a "very big job", and said that the semiconductor industry will promote other sectors like automobiles and electronics in the country. Vedanta had unveiled its plan to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore package to boost electronic chip and display ecosystem in the country. This is also the second attempt of Vedanta to enter the semiconductor space after its earlier plan to set up a display unit with about Rs 60,000 crore investment could not take off. Agarwal was speaking at the 7th National Leadership Conclave. According to the memorandum of

Taiwan's spy catchers hunt Chinese poachers of chip, tech talent

Home to industry giant TSMC and accounting for 92% of the world's most advanced semiconductor manufacturing capacity, Taiwan possesses what China needs - chip expertise in spades

Russia-Ukraine conflict may affect supply chains of semiconductors: MoS IT

The supply chains of global semiconductor industry, which was badly affected during Covid-19 period, may see further disruptions due to the Russia-Ukraine conflict, Parliament was informed on Friday

US plans semiconductor alliance with Taiwan, South Korea, and Japan

The US has proposed forging a semiconductor industry alliance between the United States, Taiwan, South Korea, and Japan in a move to prevent China from gaining dominance over the strategic sector.

Qualcomm to open its 2nd largest office outside US in Hyderabad by October

The American tech giant will be investing Rs 3,904.55 crore, over the next five years, to expand its Hyderabad operations

Intel Corp plans to build $19 billion semiconductor plant in Germany

Chipmaker Intel said it plans to build a semiconductor plant in Germany as part of an investment of up to 80 billion euros ($88 billion) in Europe over the next decade

Aiming for large chip, electronics investments into India: Union Minister

Rajeev Chandrasekhar, MoS for Entrepreneurship, Skill Development, Electronics & Technology said next challenge is to ensure digital and tech opportunity reaches other parts of country

Russia - Ukraine war: Brace for chip shortage, warns Moody's Analytics

During the 2014-2015 war in Ukraine, neon prices went up by several times over, indicating how serious this can be for the semiconductor industry

Auto Industry fear shortage of semi-conductor due to Ukraine-Russia crisis

With omicron passing away without much impact and supplies showing signs of recovery, it looked as if Indian Auto Industry was at the cusp of recovery until Russia invaded Ukraine

Two-wheeler sales skid 25% in February amid poor demand, chip shortage

Likely spike in fuel costs following soaring crude prices could delay recovery in the world's largest market for scooters and motorcycles, said analysts