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India is a high-growth market for Infineon, and the German semiconductor firm plans to double its headcount by 2030 as it looks to scale its R&D base in the country, a top company official has said. Infineon has more than 58,000 employees worldwide, with most of them based in the APAC region. It employs over 2,500 people in India, primarily in R&D roles. India is a growth market and critical R&D location for the company, Infineon Technologies CMO and management board member Andreas Urschitz said during a media roundtable here. "We are doing lots of innovation in India and intend to heavily invest and grow our R&D base here...in terms of our long-term planning towards 2030, we intend to double the number of people in India," he said. The semiconductor firm intends to support the country's domestic market and explore joint growth opportunities with Indian partners and customers, he added. Currently, India contributes a low single-digit percentage to Infineon's group ...
The Indian semiconductor industry can grow to USD 40 billion by 2030 by promoting the ecosystem around supply chain, including chemicals and gases involved in the making of electronic chips, a senior official of industry body IESA said on Friday. Speaking at IESA Vision Summit, India Electronics and Semiconductor Association (IESA) President Ashok Chandak said India needs to learn from the global centers of semiconductors as it is a very complex technology. "Any chip making touches at least more than 10 countries. It is very complicated. If we have to make semiconductor manufacturing successful in India, we have to take care of the supply chain that includes gases, the chemicals, materials, and most of the supply chain has to happen with the plants that are going to manufacture semiconductors," Chandak said. He said that in 2022, IESA had released a report on tha groundwork that needs to be done from the semiconductor ecosystem and it has now released a report which details out all
Taiwan's president and top chipmaker TSMC held a joint news conference Thursday to defend the company's decision to invest USD 100 billion in the US, saying it stemmed from customer demand and not pressure from the Trump administration. Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest chipmaker, said earlier this week it would invest USD 100 billion in three more chip manufacturing plants, along with two packaging facilities in Arizona. The decision sparked concerns that Taiwan would gain little in return for moving some of its most advanced manufacturing processes to the US. Taiwan President Lai Ching-te denied that TSMC's investment decision was due to political pressure by the United States. US President Donald Trump had previously said that Taiwan had taken away the US chip business and that he wanted it back. "TSMC's decision is necessary for its future development. The government did not face pressure from the United States during TSMC's investment proce
The government is ready with an outline of next phase of India Semiconductor Mission (ISM) and discussions are on internally for its rollout, a senior government official said on Thursday. Speaking at IESA Vision Summit, Ministry of Electronics and IT Secretary S Krishnan said the government is also mulling supporting ambitious chip design projects in the country as well as semiconductor packaging designs. "The next stage of ISM is in the works. We have had discussions, discussions with many of the stakeholders, including many amongst you, as to how to design the programme. The design and the outline is ready, and there's undergoing detailed discussions internally in the government," he said. Krishnan in his virtual speech said that the second phase of ISM proposes to provide support for gases and other elements that are required for semiconductor production. He said that the first phase of ISM had a total outlay of Rs 76,000 crore comprising Rs 65,000 crore for chip manufacturing
German semiconductor company Infineon has signed its first agreement in India with CDIL Semiconductors to supply silicon wafer for manufacturing power chips in the country, senior officials of the firm said here on Thursday. Under the agreement, Infineon will supply bare semiconductor wafers to CDIL, which the Indian firm will process and use for assembly and packaging to make power chipset for use in products like power inverters, solar technology, automobile power solutions, and renewable energy applications, among others. "Infineon will provide silicon to CDIL. India is a special and very large market where we need partners like CDIL who understand the local requirement. This is the first of its kind agreement that we have signed in India," Infineon technologies Asia Pacific President and Managing Director CS Chua said after signing the agreement. Founded in 1964, Continental Device India (CDIL) is India's first semiconductor manufacturer, specialising in discrete semiconductors
The semiconductor sector plays a vital role in driving economic growth and technology, US Consulate Public Affairs Officer Brenda Soya said on Friday while emphasising its strategic importance for the United States and India, . The US Consulate in Mumbai, in a release, said it is hosting a four-part roundtable series focused on advancing US-India collaboration in semiconductor technology. The event, which will be held in collaboration with Indo-American Chamber of Commerce (IACC) and knowledge partner Shardul Amarchand Mangaldas & Co (SAM), will bring together leaders from government, academia, and the private sector to discuss trends, challenges, opportunities and policy recommendations for strengthening technological innovation in the sector, the release said. While the first session was held in Mumbai on January 15, the second was held here on Friday. "The semiconductor sector plays a vital role in driving economic growth, technological innovation, and supply chain ...