Semiconductor Industry

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

The change will give room to more players

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

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

Biden, along with Japanese PM will visit the plant run by Micron Technology's Japanese unit, according to the report, as a sign of their deepening bilateral collaboration in the semiconductor industry

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.

Korea will likely increase its investment in fab equipment by 41.5% to $21 billion in 2024 while China logs only a 2% increase to $16.6 billion

We are no longer just an infrastructure company that sells computing, storage, and networking, said Cynthia Swarnalatha, VP - Engineering, SW CoE, Compute Business Group, and HPE India Site R&D leader

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

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

The CHIPS and Science Act signed by the Biden administration in August is a necessary industrial policy to ensure the US maintains its technological edge and protects its supply chain

Minister for Electronics, Railways and Telecom Ashwini Vaishnaw on Tuesday said that the government is focussing on the semi conductor industry for India

Chip stocks have had a great start to 2023 after rising interest rates led to a carnage in 2022. Investor focus has started shifting to the sector's long-term growth prospects and cheaper valuations

First unit, by Vedanta-Foxconn JV, under PLI scheme

People aware of the developments have said that the programme is likely to cover private equity and venture capital investments in advanced semiconductors, quantum computing, among others

India is poised to emerge as a major player in 5G, semiconductor and chip technology, live sports, and AVOD with private deployment networks likely to take off in a big way during 2025-2028, according to consultancy Deloitte. It has also projected the Indian semiconductor market to be worth USD 55 billion by 2026. Satellite broadband and communication service market in India is expected to grow and expand with the developing use case horizon and exponential growth in data consumption, as per Deloitte's 2023 TMT (Technology, Media, and Entertainment, Telecom) predictions. Deloitte predicted the Indian semiconductor market will reach USD 55 billion by 2026 with more than 60 per cent of the market being driven by three industries -- smartphones and wearables, automotive components, and computing and data storage. "With growing demand, the industry is poised to play an important role in enhancing the global value chain as it will expand to a market size of USD 85 billion and generate .

Internal doubts are mounting at the Taiwanese chip maker over its US factory, according to interviews with 11 TSMC employees

South Korean govt and the country's major chipmakers agreed to jointly nurture more than 2,300 top-level talents in semiconductor field over next decade in an effort to maintain global tech prowess

Electronics and IT secretary Alkesh Kumar Sharma on Tuesday said that the production of semiconductors in the country will start very soon. He was responding to a query around plan of action of the Ministry of Electronics and IT after state-owned company Energy Efficiency Services Limited (EESL) raised the issue of shortage of electronic chip and printed circuit board (PCB or motherboard) hindering domestic production of electric meters. "India will be one of those top 6-7 partners which will have semiconductor manufacturing. It will happen very soon," Sharma said. Speaking at a conference on technology transfer by C-DAC, Thiruvananthapuram for local manufacturing of smart meters and electric chargers, Sharma said Meity has taken lead in technology development, be it electronic or automotive sector, artificial intelligence. "We have taken a lead when it comes to the climate change initiative. One big component is the shift towards green technology, and EV is an important mission in

A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up their semiconductor and display manufacturing facility, a senior state government official said on Monday. In the biggest ever corporate investment in the history of independent India, a joint venture of Vedanta and Foxconn in September last year signed a Memorandum of Understanding (MoU) with the Gujarat government to invest Rs 1,54,000 crore to set up the plant in the state. This will be the first manufacturing facility for semiconductors in India. At that time, the joint venture company had not disclosed the exact location of the facility. "After a detailed site analysis in consultation with Gujarat government authorities, the joint venture entity of Vedanta and Foxconn has selected Dholera SIR for setting up their semiconductor and display manufacturing facility. The project is in the advanced