Page 2 - Semiconductor Industry

Semiconductor chip supply constraints put brakes on auto OEM ramp-up

Firms struggle to increase production as supplies yet to fully normalise

India in talks with 4 semiconductor companies to set up fabs here: Report

Among the companies that have shown interest are New York-based GlobalFoundries and a 'major' Korean semiconductor firm

Top 10 semiconductor buyers lower chip spending by 7.6% in 2022: Report

The top 10 global original equipment manufacturers (OEMs) have lowered their chip spending by 7.6 per cent and accounted for 37.2 per cent of the total market in 2022, a new report said on Monday.

Vedanta picks David Reed as CEO of its Gujarat semiconductor business

Reed began his career at Texas Instruments in 1984, where he served for 26 years

Apar Industries zooms 42% in two days, hits record high on robust earnings

The management said the company witnessed volume growth across all the three divisions and the net profit tripled on a YoY basis.

Geographical diversification of chip manufacturing to happen: Moody's

China's reliance on semiconductor imports is unlikely to diminish over the medium term given constraints on its advanced chip production

Global semiconductor revenue reaches $602 bn last year, says report

Global semiconductor revenue increased by 1.1 per cent in 2022 to total $601.7 billion, up from $595 billion in 2021, a new report said on Tuesday

Construction of US semiconductor plant on track: Samsung CEO Kyung Kye-hyun

"The fab will be finished within this year and start producing the best products next year," he added

Taiwan passes 'Chips Act', offers tax credits to local chipmakers

Governments from US to Seoul have been offering incentives for domestic chip production, in hopes of reducing a reliance on Taiwan for advanced semiconductors and avoiding future supply disruptions

China chips ban: Why US wants S Korea, Japan and the Netherlands on board

The US rolled out sweeping measures in October to limit the sale of advanced semiconductors and chipmaking equipment to China

Samsung veteran sounds alarm on S Korea losing a global chip war

"We're in a chip war," said Yang Hyang-ja, who helped shape the 84-year-old conglomerate's present dominance in global memory chipmaking

Micron Technology announces layoffs, cost cutting as chip demand drops

Micron will reduce its workforce by 10% next year and take other cost-cutting measures as the computer memory chip maker struggles to deal with too much supply amid a drop in demand. Micron CEO Sanjay Mehrotra announced the restructuring during during a quarterly conference call with investors Wednesday, noting that prices for computer memory products had deteriorated significantly in recent months, Boise television station KTVB reported. The company will cut staff by about 10% throughout 2023 through voluntary departures and layoffs, according to a filing with the Securities and Exchange Commission. Employee bonuses will also be suspended next year and executive salaries will be reduced for the remainder of the 2023 fiscal year which runs through August, the company said. The Boise, Idaho-based company has about 48,000 employees across 38 sties in North America, Europe and Asia including more than 5,000 people in Boise. It has not announced where the layoffs will occur. In ...

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit

Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development

China plans over $143 bn push to boost domestic chips, compete with US

Beijing plans to roll out one of its biggest fiscal incentive packages over five years, mainly as subsidies and tax credits to bolster semiconductor production

Vedanta inks pacts with 30 Japanese firms for semiconductor manufacturing

Vedanta Group on Tuesday said that it has signed pacts with 30 Japanese technology companies to develop an Indian semiconductor and glass display manufacturing ecosystem. The pacts were signed at the Vedanta-Avanstrate Business Partners Summit 2022 held last week at Tokyo, Japan. The summit was attended by more than 200 delegates from over 100 global companies. The company is committed to make India a hub for electronics manufacturing. It is focussed on taking the lead in creating the electronics industry ecosystem rather than just technology transfers, Vedanta Global MD, display and semiconductor business, Akarsh K Hebbar said. The summit saw interests from a host of companies eager to be part of the ecosystem for India's semiconductor mission. Vedanta Ltd, an arm of Vedanta Resources Ltd, is one of the world's leading oil and gas and metals companies with operations in oil and gas, zinc, lead, silver, copper, iron ore, steel and aluminium, and power across India, South Africa and

Japan, Belgium to cooperate in chip production to revive industry

A newly founded Japanese semiconductor company aiming to revive Japan's chip industry will collaborate with a Belgian research organization in research and development of next-generation chips for production in Japan. Economy and Industry Minister Yasutoshi Nishimura told reporters Tuesday that the new company, Rapidus, which was launched last month by eight corporate giants including automakers, electronics and chipmakers, will team up with the Imec, a Leuven, Belgium-based research organization known for the nanoelectronics and digital technologies key to developing next-generation chips. Cooperation with Imec in the area of semiconductor production at its international research facility, which ranks as one of Europe's best, is extremely meaningful, Nishimura told reporters Tuesday ahead of a signing event expected later in the day. Imec is known for its expertise and technology needed to make so-called post-5G chips that require miniaturization and extremely-thin production ...

SRAM & MRAM to invest Rs 2 trillion in Odisha, set up semiconductor unit

United Kingdom-based SRAM & MRAM Group vice-chairman Gurujee Kumaran Swami on Saturday announced that the group will invest Rs 2 lakh crore in Odisha to set up semiconductor unit in the state. The announcement was made at the Make in Odisha (MIO) Conclave, 2022 here. Swami and the company's Odisha in-charge Debadutta Singh Deo said the group will invest Rs 30,000 crore in the first phase. Earlier they met Chief Minister Naveen Patnaik and briefed him on the proposed project. They also discussed in detail about the project with chief secretary SC Mohapatra, Industries secretary Hemant Sharma and other officials. Meanwhile, the Odisha government received large investment commitments and signed multiple MoUs in Electronics and IT at the MIO Conclave. A direct investment commitment of Rs 8,200 crore has been received which is likely to create over 40,000 jobs in the state, an official said. The big names which made investment commitments or signed MoUs include Intel, Oracle, Global .

TSMC plans to make more advanced chips in US at Apple's urging

A representative for TSMC declined to comment. Apple didn't immediately respond to a request for comment.

Qualcomm replaces SD778G+ processor with new Snapdragon 782G: Report

Due to a slight bump in clock speed, its CPU is around 5 per cent faster, while the GPU is quoted as 10 per cent faster than the Snapdragon 778G+

Thierry Bollore quits JLR, Adrian Mardell to take over as interim CEO

Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong