In September 2021, the company had threatened to pull the plug on its plan to set up a facility in India
If companies end up manufacturing vehicles according to plan, production is likely to exceed the pre-Covid volumes of Q4FY20
Vedanta's group firm Avanstrate, which will spearhead the semiconductor business, expects to roll out electronic chips and displays from Indian manufacturing plants by 2025
The company is expected to release the new chip based on the highly advanced 6nm manufacturing process to replace the Helio G96, which in itself, is a quite popular chipset, reports GizmoChina
The government also proposed tightening laws to prevent Chinese companies from illegally poaching Taiwan talent via firms set up in a third country
With tech firms venturing into the 'metaverse' and a spike in demand for data centers, revenue is surging for Nvidia, the world's largest maker of graphic and artificial intelligence chips
Union Minister for Electronics and IT Ashwini Vaishnaw on Tuesday welcomed the "superb" response from the industry for the government's semiconductor manufacturing initiatives.
AMD has acquired Xilinx for $35 billion, which is the biggest acquisition deal in the semiconductor segment.
Tower Semiconductor, whose US shares surged 53% in extended trading, specializes in analog chips used in the automotive, mobile, medical and aerospace industries
Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to boost electronic chip and display ecosystem
The total passenger vehicle wholesales dropped to 2,54,287 units in January 2022 as compared to 2,76,554 units in the same month of last year.
The 15 billion euros will come on top of 30 billion euros of public investments already planned through various EU programs
Tata Motors also sees the contribution of its electric vehicles to its overall passenger vehicles sales reaching double digits soon, from about 6 per cent at present
Carmakers are saddled with a backlog of over 7 lakh orders as of December 2021, due to the the shortage of semiconductors, according to the Economic Survey. With the delay in supply, the average lead time (the difference between the date of order and actually receiving in the automobile) for the industry for 2021 has been around 14 weeks globally. India has also experienced similar trends in the automobile sector, Economic Survey 2021-22 pointed out. As per data from the Society of Indian Automobile Manufacturers (SIAM), carmakers sold 2,19,421 passenger vehicles in the domestic market in December 2021, down 13 per cent (year-on-year), it stated. "This is not a demand problem but a supply-side issue. The information from various car manufacturers' websites reveals a cumulative pendency of over 7 lakh orders as of December 2021," the Survey noted. The Survey also outlined the efforts on the part of the government to boost semiconductor production in the country. The government has .
The primary bottleneck across the board appears to be "wafer production capacity," which requires a longer-term solution: US
It intends to spend $40 billion to $44 billion expanding and upgrading capacity in 2022
For the October-December period, TSMC's net profit reached a record NT$166.23 billion
Industry has been hit by supply shortages of microchips and other components, while rising coronavirus cases are clouding the outlook for retailers.
The India Semiconductor Mission is a specialised and independent business division within the Digital India Corporation
A semiconductor portal has been launched for accepting and processing applications from interested players