Page 4 - Semiconductor Industry

Foxconn-HCL joint venture secures land for semiconductor plant in Noida

The proposed project could be a significant milestone for the state, as it would be the first OSAT unit to be established in Uttar Pradesh, pending approval from the central government

Tata electronics, TCS to develop India's first domestic chips by 2026

Tata Electronics plans to launch its first chips from the Assam facility by late 2025 or early 2026, targeting sectors like automotive, electronics, power, consumer goods, and healthcare

SEMI, peer IESA join hands to boost semiconductor ecosystem in India

Global semiconductor body SEMI and its peer IESA have announced a strategic agreement to boost the industry ecosystem in India, a joint statement said. As part of the agreement, the Indian Electronics and Semiconductor Association (IESA) will become part of the SEMI-- the organiser of Semicon events including Semicon India. "This partnership will help SEMI grow a strong presence in this critical emerging market and enable both organisations to identify tangible strategies that leverage our combined strengths to enhance supply chain resilience," Ajit Manocha, President and CEO, SEMI said. The agreement was signed on the sidelines of Semicon India 2024, the statement said on Wednesday. This agreement will also pave the way for joint policy advocacy efforts, with IESA and SEMI working closely with both Central and State governments to drive incentives for product development and manufacturing, leveraging key programmes such as the Production Linked Incentive (PLI) and Design Linked ..

India targets $500 bn electronics sector, right time to be here: Modi

Today's age is an age of silicon diplomacy, said the Prime Minister

UP to clear investment proposal worth Rs 10 trn, offer 25% sops: Adityanath

The Uttar Pradesh government will soon organise the groundbreaking ceremony of investment proposals worth Rs 10 lakh crore, Chief Minister Yogi Adityanath said on Wednesday. Inviting the semiconductor industry to invest in the state, the chief minister highlighted that Uttar Pradesh offers incentives such as land subsidies and capital subsidies of 25 per cent for chip units under a policy. Together with the Centre's incentives of 50 per cent, chip units can get subsidies of up to 75 per cent for investment proposals, the chief minister stated. Addressing the international conference on semiconductors, Semicon India, Adityanath said that the state under his government has attracted huge investment proposals from the industry. He recalled that a team which was preparing for an investor summit in the state earlier told him that investment proposals worth Rs 20,000 crore would come in UP. "Same Uttar Pradesh after seven years has brought investment proposals worth Rs 40 lakh crore. Ou

Lam Research expands virtual semiconductor training to 20 Indian varsities

The virtual semiconductor training programme aims to train more than 60000 students over next decade

NXP Semiconductors to invest over $1 bn in India as it boosts R&D efforts

Chipmaking is still at nascent stage in India, but is crucial element of its economic strategy, with $10 bn incentive package allocated to bolster efforts to rival global chipmakers like Taiwan

Govt to get Semicon 2.0 policy in place in 3-4 months: Ashwini Vaishnaw

The government has started working on the second phase of the semiconductor policy, Semicon 2.0, which is expected to be in place in 3-4 months, Union Minister Ashwini Vaishnaw said on Wednesday. Speaking at SEMICON India 2024, the minister said 3-4 states have attracted semiconductor investments, and one unit will soon come up in Uttar Pradesh. "We are now at a stage when first stage of semicon project is completed. Now we are formulating Semicon 2.0 which will be an expanded form of Semicon 1.0. It will take us 3-4 months to put it in place," Vaishnaw said.

L&T joins semiconductor race, to create chip firm and invest over $300 mn

The tech-to-construction company will spend the money over three years to establish a fabless chipmaker, which designs and sells semiconductors but contracts out their production

Tata Electronics, ASMPT sign pact for semiconductor equipment infra

Tata Electronics has signed a pact with ASMPT Singapore for establishing semiconductor assembly equipment infrastructure and solutions for its chip packaging units in Assam and Karnataka. ASMPT will collaborate with Tata Electronics for workforce training, advancing service engineering infrastructure, automation, spare supports and boosting R&D initiatives in the area of wirebond, flip chip, advanced packaging and integrated system packaging. "In a significant step towards accelerating its readiness for its semiconductor assembly and test facilities in Vemagal, Karnataka and Jagiroad, Assam, Tata Electronics signs a Memorandum of Understanding (MOU) with ASMPT Singapore to collaborate on establishing semiconductor assembly equipment infrastructure and solutions," Tata Electronics said in a statement on Tuesday. Tata Electronics is setting up a chip assembly plant in Assam with an investment of Rs 27,000 crore which is expected to become operational next year. It also has a small ..

India prepares new semiconductor incentives as US partnership takes shape

Officials said that although a specific incentive value has not yet been finalised, the package would also include incentives for components, which is a new addition

Tata Electronics signs MoU with Tokyo Electron to buy semicon equipment

Tata Electronics has signed a memorandum of understanding with Tokyo Electron to buy equipment and services for its under-construction chip units in Gujarat and Assam. Under the agreement, Tata Electronics and TEL will also focus on training Tata Electronics' workforce on TEL equipment and supporting ongoing improvement and research and development initiatives. "Tata Electronics...signed a memorandum of understanding with Tokyo Electron Limited (TEL), a leading global supplier of semiconductor equipment and services. The two companies will collaborate to accelerate semiconductor equipment infrastructure for India's first Fab being built by Tata Electronics in Dholera, Gujarat, and for its assembly and test facility in Jagiroad, Assam," Tata Electronics said on Monday. Tata Electronics is building India's first Fab in Dholera, Gujarat, with a total investment of Rs 91,000 crore and assembly and testing of semiconductor chips with investment of Rs 27,000 crores in Jagiroad, ...

Aspiring for 10 semiconductor manufacturing plants in 10 yrs: ISM CEO

India aspires to have 10 semiconductor manufacturing plants in 10 years but the nature of support from the government may vary based on the development in the industry, a top official of the India Semiconductor Mission said on Monday. While speaking at a joint presser of mobile devices industry body ICEA and Semicon India organiser Semi, Akash Tripathi said while setting up Indian Semiconductor Mission (ISM), it was envisioned to get two or three semiconductor manufacturing plants, two or three display fabs and various compound semiconductors. "We will always be engaged with the industry but the nature of engagements may differ. 10 years down the line there will be projects that will be operational, producing semiconductors, the ecosystem will be developed, then things will be different. Aspiration-wise, we would like to have 10 fabs," Tripathi said. The government has received 20 proposals for setting up semiconductor units including the chip packaging plants. Tripathi said that a

US partners with India Semiconductor Mission to expand global ecosystem

Signed into law in August 2022, the US' CHIPS Act provides $500 million over five years to promote the development of secure and trusted semiconductor supply chains

Tower-Adani Group fab proposal at appraisal stage under ISM: Meity

The proposal, however, is yet to be approved by the Ministry of Electronics and Information Technology (Meity) under the India Semiconductor Mission (ISM)

PM Modi to inaugurate SEMICON India 2024 on Sep 11 at India Expo Mart in UP

Prime Minister Narendra Modi will inaugurate SEMICON India 2024 at the India Expo Mart in Uttar Pradesh's Greater Noida on September 11, his office said. He will also address the gathering on the occasion, the Prime Minister's Office (PMO) said in a statement. Modi will inaugurate SEMICON India 2024 at the India Expo Mart, Greater Noida, Uttar Pradesh at around 10.30 am on September 11, the PMO said. It has been the vision of the prime minister to position India as a global hub for semiconductor design, manufacturing and technology development, the statement said. In accordance with this vision, SEMICON India 2024 is being organised from September 11 to 13 with the theme "Shaping the Semiconductor Future". The three-day conference will showcase India's semiconductor strategy and policy which envisions making India a global hub for semiconductors, it said. It will witness the participation of top leadership of global semiconductor giants and will bring together global leaders, ...

Biden govt to hit China with quantum, chip-related export prohibition

The promise of more lenient license approvals offers an incentive for countries to join the US camp, given American leadership in a range of academic fields and research partnerships

Like-minded nations partnering with India to make it chip hub: Krishnan

Due to the prevailing geopolitical situation, like-minded countries are collaborating with India to make it a major semiconductor manufacturing destination, a top Electronics and IT ministry official said on Sunday. In an interview with PTI, Ministry of Electronics and IT Secretary S Krishnan said pilot facilities of US storage semiconductor maker Micron and Tata Electronics have already rolled out chips, and their main plants in Gujarat will begin to produce made-in-India chips from the later part of 2025. "Globally, and thanks to geopolitical circumstances, there is an increasing realisation that semiconductors are a very important and strategic commodity, and therefore, we need substantial resilience in the production of semiconductors," Krishnan said. The importance of resilience in semiconductors was underlined during the pandemic when many industries -- including the auto industries, medical devices industries and other electronics, and consumer electronics industries -- ...

Investment worth $30 billion likely in semiconductor space in 4 years

This is about 6% of new investment in the sector globally

Israel's Tower Semiconductor, Adani plan $10 bn chip project in India

Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading