From bulky vacuum tubes to compact high performance microprocessors the evolution of electronic components over the years has always been evident. This section covers all the recent technological advancement in the electronics industry and the new-age products that have hit the electronics market recently.
Polymatech Electronics has announced the launch of its second semiconductor manufacturing plant in Atal Nagar-Nava Raipur, Chhattisgarh. The announcement was made during the Chhattisgarh Investor Connect 2024 event held in New Delhi. This new facility will focus on producing Gallium Nitride (GaN) semiconductor chips and advanced packaging for 5G and 6G telecom base…
Samsung has faced a major setback as it has lost the contract to manufacture Qualcomm’s flagship Snapdragon 8 Elite Gen 2 chip. Qualcomm has decided to give the entire production to Taiwan Semiconductor Manufacturing Company (TSMC). This decision has further strengthened TSMC’s position as a leader in advanced semiconductor manufacturing.
Qualcomm's choice shows its preference for…
Proxgy, a deeptech startup based in Gurugram, has successfully secured $3 million in Series A funding. The round was led by Ajinkya Rahane, one of India’s well-known cricketers, who joined the investment alongside several other high-profile figures including Nikhil Kamath, Bollywood actor Suniel Shetty, industrialist Vinod Duggar and Manish Patel, a partner at CMG…
Karnataka has approved nine major industrial projects worth ₹9,823.31 crore during the 64th State High-Level Clearance Committee (SHLCC) meeting, led by Chief Minister Siddaramaiah. These projects are expected to generate over 5,600 job opportunities across the state, highlighting the government's commitment to industrial development.
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India has reached an important milestone in its electric vehicle (EV) transition, with 25,202 public EV charging stations are now in operation. This achievement comes as a result of the government’s ongoing efforts to promote electric vehicles and enhance the necessary infrastructure. The update was shared by Bhupathiraju Srinivasa Varma, Union Minister of State for…
Mindgrove Technologies, a Chennai-based fabless semiconductor design startup has raised $8 million in its Series A funding round. The round was co-led by Rocketship.vc, Speciale Invest and additional participation from Mela Ventures, Peak XV Partners, Whiteboard Capital, Nishchay Goel and new investor Anshul Goel. This new funding will help the company to accelerate…
US-based embedUR Systems has teamed up with Synaptics Inc., a Nasdaq-listed semiconductor company, to offer affordable AI-powered edge solutions in India. This partnership aims to meet the growing demand for smart technologies in areas like smart homes, medical monitoring, manufacturing and driver assistance systems. With embedUR’s Chennai-based team and global semiconductor expertise of…
The Centre for Development of Telematics (C-DOT), India’s leading telecom research and development organization has partnered with semiconductor startup Silizium Circuits to advance the development of Low Earth Orbit (LEO) satellite components. This agreement, signed under the Telecom Technology Development Fund (TTDF) scheme focuses on creating indigenous…
SolarSquare, a Mumbai-based solar installation startup, has raised $40 million in a Series B funding round with Lightspeed Venture Partners leading the investment and additional support from Lightrock, Elevation Capital and other investors. Founded in 2015, SolarSquare specializes in residential solar installations and has already helped over 20,000 homes and 200…
Silicon Labs, a prominent semiconductor design and manufacturing company based in the USA has partnered with India’s Gandhi Institute of Technology and Management (GITAM) University to establish a Centre of Innovation in the Internet of Things (IoT). The lab will be equipped with advanced hardware and software tools, aiming to promote innovation in connected…
OpenAI's 12-day product launch event introduced SearchGPT for free users, the Sora video generator and ChatGPT Pro. SearchGPT offers real-time, ad-free searches with verified links, now accessible globally.
OpenAI has made its internet search feature, SearchGPT, available to all users, including those on the free plan. Previously,…
Magenta Mobility plans to add 10,000 electric vehicles in FY25, including three and four-wheelers. The company currently has over 500 electric cargo four-wheelers and offers logistics services across routes like Rajasthan-Haryana-Delhi (180 km) and Mumbai-Pune-Mumbai (422 km).
Magenta Mobility has announced its plan to add 10,000…
