Semiconductors
Tata Electronics, PSMC sign tech transfer agreement for Gujarat chip project
27 Sep 2024
Tata Electronics on Thursday announced the completion of a technology transfer agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC)
Polar Semiconductor secures $123 m US funding for fab unit in Minnesota
25 Sep 2024
The US Department of Commerce on Tuesday announced the award of $123 million in direct funding to Polar Semiconductor, its first under the CHIPS incentives programme
India, US to set up strategic chip fabrication centre
24 Sep 2024
The US Space Force will collaborate with India Semiconductor Mission, Bharat Semi and 3rdiTech to set up a manufacturing facility for infrared, gallium nitride and silicon carbide semiconductors.
Uttar Pradesh govt offers 25% additional subsidy for semiconductor units
12 Sep 2024
The Uttar Pradesh government is exploring the possibility of hosting semiconductor fabrication units in the state with potential subsidies of over 75 per cent of their capital cost
India opens market for semiconductor companies in Singapore
07 Sep 2024
India will allow semiconductor companies in Singapore to expand activities into this country under a memorandum of understanding (MoU) signed in Singapore, on Thursday.
Adani-Tower joint venture to set up $10 bn semiconductor facility near Mumbai
06 Sep 2024
Maharashtra government has accorded approval for a $10 billion joint venture semiconductor fabrication unit, to be set up by Adani Group and Israel’s Tower Semiconductor, inviting a legal challenge by ASMC Analg
Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat
03 Sep 2024
The union cabinet on Monday approved a proposal by Kayness Semicon Pvt Ltd for setting up a Rs3,300-crore semiconductor manufacturing unit in Sanand, Gujarat.
Tata’s semiconductor plant in Assam to be operational next year
05 Aug 2024
Tata Group on Saturday conducted the ground-breaking ceremony for its Rs27,000-crore semiconductor factory in Assam, marking the commencement of construction of the facility.
ASML charts major expansion in Netherlands with new facility in Eindhoven
23 Apr 2024
ASML, the world’s largest supplier of computer chip making equipment and the largest technology player in the Netherlands, is planning a major expansion with the opening of a major facility in the Dutch city of Eindhoven, employing around 20,000 people.
TSMC to get $6.6 bn direct federal funding for Arizona chip project
11 Apr 2024
Close on the heels of US government offer of financial assistance to Intel for expansion and modernisation of its production lines in California, Taiwan Semiconductor Manufacturing Company (TSMC) also said it will receive up to $6.6 billion in direct funding from the US federal government for setting up a state-of-the-art semiconductor plant in Phoenix, its third unit in Arizona.
Intel gets US govt funding for $100 billion revamp, expansion programme
25 Mar 2024
Intel is embarking on a major expansion and upgradation programme, involving investment of $100 billion, by setting up manufacturing facilities in four US states and upgrading existing facilities
Nvidia unveils superchip DGX SuperPOD to power AI
19 Mar 2024
Tech giant Nvidia on Monday unveiled the Blackwell-Powered DGX SuperPOD, a new family of GPU chips for powering Generative AI supercomputing, in a move to consolidate its hold on AI technology.
India kicks off work on 3 semiconductor factories
14 Mar 2024
India on Wednesday ushered in its `Techade’ with Prime Minister Narendra Modi laying foundation stones for three semiconductor factories, involving a combined investment of Rs1.25 lakh crore.
Israel's Tower proposes $8 bn chip manufacturing facility in India: report
12 Feb 2024
Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India
Tatas plan mega chip factory in Gujarat; work on Li-Ion battery plant to start in March
11 Jan 2024
The Tata Group has lined up major investments in Gujarat, including the building of a 20 GW Lithium-Ion factory and a semi-conductor fabrication unit, to be built in Dholers, Tata Group CEO Natarajan Chandrasekharan said on Wednesday.
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Microchip Technology set to receive $162 million award from U.S. to boost production
05 Jan 2024
The U.S. Commerce Department announced plans on Thursday, 4 January 2024, to grant $162 million to Microchip Technology in government funding, aiming to enhance the production of semiconductors and microcontroller units (MCUs) critical for the consumer and defense industries.
Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel
27 Dec 2023
The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.
Intel to lay off 235 more employees in US as it reworks strategy
23 Dec 2023
Computer chip maker Intel Corporation plans to lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as part of its ongoing efforts to cut costs.
Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat
09 Dec 2023
Government has fast-tracked Micron’s semiconductor unit being set up in in Sanand, in Gujarat with capital investment of Rs22,516 crore ($2.75 billion).
Toshiba and Rohm announce a $2.7 billion investment in joint power chip production
08 Dec 2023
In a significant move aimed at bolstering Japan’s power chip industry, Toshiba and Rohm revealed on Friday, 8 December 2023, their collaboration in a substantial investment of 388.3 billion yen, or $2.7 billion, for the joint production of power chips.
Vietnam explores chip industry expansion despite high costs
31 Oct 2023
Vietnam is currently in discussions with major chip companies to boost investments in the country, potentially leading to the establishment of its first semiconductor
Foxconn, STMicro to collaborate for semiconductor factory in India
08 Sep 2023
Foxconn Technology Group is partnering with STMicroelectronics NV to jointly pursue the establishment of a semiconductor manufacturing facility in India.
Reliance in talks with potential partners for chipmaking foray: report
08 Sep 2023
Oil-to-retail conglomerate Reliance Industries Ltd (RIL) is reported to be in talks with global leaders in semiconductor business in a bid to explore a possible entry into the high technology business
Micron to set up $2.7 bn semiconductor assembly unit in India
01 Jul 2023
Micron plans to ramp up capacity with the construction of a facility similar in scale, which will start towards the second half of the decade
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