Semiconductor

The slowdown in consumer spending over the past year has led to double-digit declines in smartphone shipments and an accumulating glut among the world's foremost memory chip suppliers

'We have made changes in the semiconductor programme after getting inputs from experts'

Sources say the sale is subject to the project getting clearance from the government

Neither Foxconn nor Vedanta has substantial experience in fab technology, so they need partners

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Organisation represents the country's electronics system design and manufacturing industry

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Growth in sales and production in FY23 had come with some easing in the chip-supply situation and pent-up demand

Rural consumption will be crucial in the near-term for two-wheelers, while tractor sales have been healthy due to higher crop prices and adequate water reservoir levels

Semiconductor company Renesas is exploring local production of chipsets that the company is developing in partnership with leading software company TCS, a senior official of the company said. Last month, Tata Consultancy Services (TCS) and Renesas Electronics Corporation (Renesas) opened a joint Innovation Center in Bengaluru and Hyderabad to jointly develop semiconductor chipsets for wireless technologies, industrial technologies etc for the global market. Renesas, Executive Vice President and General Manager, IoT and Infrastructure Business Unit, Sailesh Chittipeddi told PTI that the collaboration is on the lines of "Make in India to make for the world". "Partnership with TCS will start bearing fruit in 2 years in the form of semiconductor chipsets and system solutions for both Indian and global markets. We aim to explore pathways to locally produce these chips as part of the Make in India initiative with partnerships," Chittipeddi said. Renesas gets most of its semiconductor mad

New Delhi raised the issue during the recent Trade Policy Review of the USA, seeking clarifications from the US on the ambitious CHIPS Act

Prime Minister Narendra Modi on Thursday said he met NXP's CEO Kurt Sievers and discussed the transformative landscape in the world of semiconductors and innovation. The meeting took place earlier this week with NXP tweeting Tuesday that its CEO Sievers met Prime Minister Modi to discuss strengthening the semiconductor ecosystem, developing STEM workforce and startup ecosystem in India. "We're committed to driving innovation and positive change through our tech solutions," the firm said. Tagging the tweet by NXP, Modi said on Twitter, "Happy to have met Mr. Kurt Sievers, the CEO of @NXP and discuss the transformative landscape in the world of semiconductors and innovation." India is emerging as a key force in these sectors, powered by our talented youth, the prime minister said.

Gordon Moore came up with the 'Moore's Law' that would push semiconductor companies to put billions of dollars into research and develop the industry at breakneck speed

The $50 billion CHIPS and Science Act will bar firms that win grants from expanding output by 5 per cent for advanced chips and 10 per cent for older technology

The total amount of semiconductors Taiwan shipped worldwide declined 17.3% last month from a year ago

In the chips sector, globalization is dead. Free trade is dead, Chang said at an event in Taipei Thursday

Samsung forecast the global chip market to shrink 6 percent on-year to reach $563 billion this year, due to a sharp drop in demand

India has also signed an MoU with the USA on establishing a semiconductor supply chain and innovation partnership

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The company plans to build five memory and foundry fabs in a new chip cluster in Yongin by 2042, where it seeks to attract more than 150 local and foreign chip companies