Choi, a former Samsung executive who ran a chipmaking venture in China, has already been the subject of a high-profile industrial espionage trial
The project will have capacity to produce 80,000 wafers monthly and it will create 5,000, says Devendra Fadnavis
The nations will also work more closely together in cybersecurity, fifth-generation mobile networks, super-computing and artificial intelligence
Move comes days after firm opened first phase of fab plant in Malaysia
According to industry estimates, the Indian semiconductor market is projected to exceed $100 billion and generate over 6 lakh jobs by 2030
India will need 10-20 chip manufacturing plants over the next 10 years, Semicon India organiser Semi President and CEO Ajit Manocha said on Wednesday. Manocha said that huge interest is developing in the semiconductor ecosystem, especially in Taiwan after the success of Foxconn and Wistron in India. "I think we will need probably in the next 10 years maybe 10-20 fabs in India. This is a rough estimate," Manocha said. Semi will organise the first global conference on semiconductor ecosystem, Semicon India 2024 from September 11-13 in Noida. Manocha has over 40 years of experience in the semiconductor industry. Earlier, he served as the CEO of chip manufacturing company Global Foundries between 2011 and 2014, and as executive vice president and chief manufacturing officer at NXP Semiconductors. He also pointed out that the present government has put in place a clear policy which supports the semiconductor ecosystem in India. "For the first time, stars are aligned in favour of Indi
India's nascent semiconductor industry is also facing challenges in attracting talent back to the country after undergoing training abroad
India's semiconductor sector, despite being home to 20-25 per cent of the global design talent, has historically lacked a significant presence in the global market
We also have agreements with technology providers who have committed to sourcing their chip requirements from India, Panicker said
Trump rattled Taiwan officials and the island's markets with comments published July 16 that criticized the island over its chip sector and pushed Taiwan to pay the US for protection
The unit will have the capacity to produce 6.3 million chips per day
The government on Monday approved a proposal of Kaynes to set up a semiconductor unit in Sanand, Gujarat with 6.3 million chips per day capacity, entailing an investment of Rs 3,307 crore. Announcing the decisions of the Union Cabinet, IT Minister Ashwini Vaishnaw noted that a complete semiconductor ecosystem is coming up in India. "Today, the Cabinet has approved Kaynes' plant, with a capacity of 6.3 million chips per day. The plant will come up in 46 acres, it is a big plant and large portion of the production will go for Kaynes Industries, it has already been booked," the minister said. The plant will also cater to chips related to the power sector. The company has already acquired land in Sanand, Gujarat for the project, and construction will start soon. The proposed investment for the unit is about Rs 3,307 crore. "Power related chips..chips used in automobiles and home appliances, will also be produced in this plant," Vaishnaw said.
Conventional chips to drive $40 billion market for Tata and others: Report
L&T Semiconductor Technologies has signed a memorandum of understanding with government-backed Centre for Development of Advanced Computing for jointly working to develop local chip technology and the ecosystem around it, according to a statement on Wednesday. The MoU will focus on a comprehensive framework for collaborative research, development, and training initiatives, with an emphasis on the creation of Make-in-India Integrated Circuit (IC), System-on-Chip (SoC) and Electronics System Design & Manufacturing (ESDM) solutions for automotive, industrial, and energy applications, the semiconductor company said. "The signing of this MoU between L&T Semiconductor Technologies and C-DAC indicates the government's commitment to fostering public-private partnerships that drive innovation and economic growth," Ministry of Electronics and IT, Group Coordinator, Sunit Verma, was quoted as saying in the statement. This collaboration not only underscores the importance of ...
A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period
ESMC is a joint venture led by TSMC, the world's largest contract chipmaker, with European chipmakers Bosch, Infineon and NXP each taking a 10 per cent stake
Prime Minister Narendra Modi said that India is currently training a skilled workforce of 85,000 professionals in semiconductor chip design across 113 academic institutions
Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. He was addressing a gathering in Nadiad town of Kheda district in the state after hoisting the national flag on the occasion of Independence Day. "The 10th edition of the Vibrant Gujarat Global Summit held earlier this year was instrumental in attracting new investment in emerging sectors like AI and semiconductor," he said. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's first semiconductor chip will be manufactured in Gujarat," he said. On the occasion, he announced a significant increase in the monthly income limit set earlier by the state government for people wanting free ration under the Centre's Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). At present, a
A total of 220 panelists with $590 billion worth of assets under management (AUM)) participated in a survey conducted by BofA Securities between August 2 and August 8