Vedanta-Foxconn announced an MOU to set up its chip and display plant in Gujarat on Wednesday
US Chips act has a total outlay of $53 billion, five times India's PLI scheme for semiconductors which amounts to $10 billion
Indian banks have also asked for an investigation by the Competition Commission of India (CCI) into the practices of chip suppliers.
Signs MoU with state govt; Vedanta to invest $10 billion of the $20 billion earmarked for the project in the first phase
Domestic passenger vehicle sales could touch a record level of nearly 40 lakh units this year on strong demand and companies finding ways to enhance production despite semiconductor shortage, a senior Maruti Suzuki India official said on Monday. Even as the chip shortage issue has improved compared to a year back, the industry is estimated to have a pending order of around 7.5 lakh units of passenger vehicles with Maruti Suzuki India (MSI) alone having around 4.18 lakh units, company Senior Executive Officer, Marketing and Sales, Shashank Srivastava told PTI here. "I think it would be slightly below 4 million (units mark). At the moment the projections are that in January-September, maybe we should be touching like 2.8 or 2.9 million," he said when asked about the sales prospects of passenger vehicles (PVs) in the domestic market in 2022. He further said,"In three months time, that is October, November, December - if we get let's say one million more, then we should be around that 3
The two countries must commit to 'free trade, openness, integration' of economies, says Adani Group chairman in award acceptance speech.
TSMC said that it will soon produce ultra-advanced 3-nanometer (nm) chip, as the leading contract chipmaker struggles with supply-chain woes and other constraints
India has already offered an unprecedented $10 bn as capital subsidy. Is that enough? And is self-reliance the right approach in a mega-buck game, or better to be part of a network, wonders T N Ninan
A Taiwanese fab company is in India to explore manufacturing possibilities. PM Modi also called for making India a 'chip maker from a chip taker'. Can the govt's push turn India into a chip maker?
Creating a base for semiconductors will be challenging
Gautam Adani's group said it will buy a majority stake in New Delhi Television Ltd (NDTV) as it looks to boost media investments as part of an ambitious expansion plan
Country's chip industry has another chance amid the global trend toward domestic semiconductor manufacturing.
PSMC is one among several global fab companies interested in taking advantage of the government's incentives to set up semiconductor units in the country.
As the companies were working on improving the supply of semiconductors, the demand for PCs, and mobile phones, among other things, fell, now leaving these companies with excess inventory
The future of the chip industry is going to be made in America, Biden said, referring to the diminutive devices that power everything from smartphones to computers to automobiles.
Taiwan is among the largest manufacturers of crucial chips and houses the world's largest semiconductor foundry, Taiwan Semiconductor Manufacturing Company (TSMC)
The curbs would stop chipmakers like South Korean giants Samsung Electronics and SK Hynix from shipping new technology tools to factories they operate in China
Sources say that while Intel has ratified the deal, it cannot commit itself on paper until all legal approvals for the acquisition are completed
Maruti Suzuki dispatched 128,999 units to its dealers in June as against 128,432 units in the same period last year
Samsung said its first-generation of the 3nm process node achieves a 16 percent area reduction, 23 percent higher performance and a 45 percent lower power consumption