Industry News

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.

Apart from the Vedanta-Foxconn consortium, the government has received five other bids to commence semiconductor fabrication units.

The Indian global conglomerate Vedanata and the Taiwan based global contract manufacturer Foxconn are now expected to partner STMicroelectronics in their upcoming semiconductor manufacturing plant in…

China's zero-COVID policy has sparked huge shortages of materials and serious disruptions to the electronics supply chain

The international research firm Gartner has now released a new survey report, which stated that the leading ten OEMs have decreased their spendings and investments on semiconductor in 2022 that is around 7.6…

After the announcement of Union Budget 2023, ELCINA has organized a post budget webinar titled "Decoding Union Budget 2023-24" in association with Lakshmikumaran & Sridharan, where implications of tax proposals were analysed by their experts Nirav Sanjay Karia- Partner in Indirect tax practice, Karanjot Singh- Associate Partner, Shweta Walecha-Director, and Jyoti…

“While these are early stages, global and domestic players have evinced interest based on the prospects for the semiconductor industry in India and the fiscal incentives provided.”

When the official budget session commenced on Jan 31, 2023, the President of India Droupadi Murmu stated about the country’s manufacturing ecosystem in…

It seems that the applicants approved will be given financial support of tens of crores, an allocation of Rs 200 crore

Prior to the announcement of Union Budget 2023-24, an exclusive report of Deccan Herald mentioned that there are expectations that a minimum sum of Rs 1200 Crores will be unleashed for the silicon-based semiconductor…

"We’ve seen extraordinary measures within the memory market. It's at levels that we haven’t seen in 25 years"

The memory chips or the chipset industry is extremely well-known for its popularity and demand. But, over the past two years, things have changed. Now, there is an amalgamation of more diversified management and the young…

Digi-Key Electronics, which offers the world's largest selection of electronic components and automation products in stock for immediate shipment, has launched its first Global Capability Center (GCC). The 30,000 sq ft facility in Bhartiya City Bengaluru India was inaugurated in the presence of several key leaders from Digi-Key and its support partner, SMC Squared (…

China is very confident about its strong EV global supply chain, including cell manufacturing, raw materials, processing, and many more

Although several countries like USA, India, and EU countries are joining hands to shatter the industrial growth of China, experts have now stated that the electric vehicle market of China is…

Both Japan and Netherlands are expected to sign a deal with the US and an agreement has already been prepared

There were several heated discussions and speculations in the past couple of weeks regarding USA’s strenuous efforts to persuade Netherlands and Japan to join its league of no export of semiconductor technology to China.…

The US wants to inflict sanctions on ASML so that it cannot do business deals with China

If we highlight the monopoly market in the economic perspective, the one thing that comes into limelight is OPEC, or the Organization of the Petroleum Exporting Countries. OPEC is spearheaded by the world’s once biggest exporters of crude oil…

The US government’s one year exemption TSMC, Samsung Electronics Co Ltd, and SK Hynix Inc will help them to increase their production capacity in China in the coming one year

The US based investors service firm Moody’s has recently stated that the ongoing geo-political tussle will spearhead geographic diversification of investments…

APAC’s huge growth in population and increasing urbanization is likely to escalate the volume of patients who need surgical treatments

The UK based consulting and data analytics firm GlobalData has now stated in its latest survey report that throughout the Asia-Pacific region, there is an augmenting development of medical robotics…