According to the FADA data, if the overall sales figure is compared with the January 2020 figure, when automobile companies sold 1.76 million units, the decline is over 18 per cent.
MeitY will hire top officials to fill various positions like CEO, CTO and CFO others for 'India Semiconductor Mission' as it looks to build electronic chip and display ecosystem in the country
The Japanese industrial conglomerate will build a cutting-edge 300-millimeter fabrication plant in central Japan for power management chips
Top passenger vehicle makers, Maruti Suzuki, Hyundai, Mahindra & Mahindra, Toyota Kirloskar Motor and Honda, on Tuesday reported decline in vehicle dispatches from factories to dealers in January amid shortage of semiconductors continuing to hamper production. However, Tata Motors and Skoda Auto India posted huge jump in their domestic wholesales during the month. Maruti Suzuki India's domestic sales slipped by 8 per cent to 1,36,442 units last month as against 1,48,307 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in domestic market. The company took all possible measures to minimise the impact," MSI said in a statement. Similarly, Hyundai Motor India Ltd reported a 15.35 per cent drop in its domestic sales to 44,022 units last month against 52,005 units in January 2021. In contrast, Tata Motors' total passenger vehicles sale was higher at 40,777 units last month as compared to 26,978 units
It is optimistic of being a net debt-free company by 2024
A strong Q3, order book and easing chip availability situation to support sentiment
The massive 50% surge comes from additional requirements for online learning and WFH; however, demand outstrips actual growth due to chip crunch
The move is part of Chief Executive Officer Pat Gelsinger's strategy to restore Intel's dominance in chip making
The planned investment includes 3,000 permanent jobs on the 1,000-acre site in New Albany, Ohio.
The new Exynos 2200 processor is built using Samsung's most advanced 4nm fabrication process and is the industry's first mobile chip with hardware support for ray tracing
The Ministry of Electronics and Information Technology (MeitY) is seeking applications from 100 domestic companies, start-ups and MSMEs under its Design Linked Incentive Scheme.
Sales of automobiles across all segments in India, the world's fifth-largest market, hit a multi-year low in the December quarter owing to pandemic-induced factors
The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties
It intends to spend $40 billion to $44 billion expanding and upgrading capacity in 2022
For the October-December period, TSMC's net profit reached a record NT$166.23 billion
TSMC posted a 16.4% rise in quarterly profit to a record, thanks to robust global demand for semiconductors
India can tap new opportunities in areas like semiconductor design, electronic systems design and electronics manufacturing services, on top of its core capability over the next 5-7 years, Minister of State for Electronics and IT R Chandrasekhar said on Tuesday. Speaking at the Microsoft Future Ready event, the Minister said the next wave of computing performance is going to come from software optimisation, semiconductor design, electronic systems design, and innovation. "... We were software providers and now we can, in the next five to seven years, be software providers, we can be semi-conductor design providers. We can be ER&D providers, we can be electronic systems, design providers, and we can be electronics, manufacturing services providers. "There is a whole new layering of opportunities on top of what our core capability was for the last 15, 20 years," he added. Chandrasekhar noted the vision of building the USD 1 trillion digital economy in the country will be achieved in
TSMC, the world's largest contract chipmaker, announced last year that it would set up a research and development in Japan, as well as a $7 billion chip plant with Sony Group.
Poor demands plagues two-wheelers, chip shortage derails PV sales; dealer body cautious of road ahead as various state govts once again announce Covid curbs
US-based semiconductor company AMD has announced 'Ryzen 6000' series of mobile processors based on next-gen 'Zen3+' architecture at the Consumer Electronics Show (CES) 2022.