Investment
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Bosch’s Purchases TSI Semiconductors in California To Manufacture Silicon carbide Chips According to Bosch’s executives, silicon carbide chips are in massive demand by the EV manufacturers as it helps improve the driving range and makes the car run faster The Germany based international engineering and technology firm Bosch is now looking forward to make semiconductor manufacturing in the US strong and competitive by… |
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Huawei Building New Semiconductor Fabs From State Funding Worth $30 Bn, Claims SIA The Semiconductor Industry Association (SIA) has stated that Huawei has already acquired two semiconductor units and is now planning to set-up another three A Bloomberg undercover reporting has now revealed that China’s largest global technology firm Huawei is setting-up a wide range semiconductor fabs throughout the country to evade… |
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How Sahasra Semiconductors Aiming To Be A Leader In Chip Manufacturing Ecosystem In India Sahasra Group is going to be the first company in India to manufacture chips much before Micron Sahasra Semiconductors, which is a part of Sahasra Group of Industries has now officially told the media that by the end of September or in the first half of October, the firm will commence the commercial manufacturing of Made-in-India… |
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US Department of Commerce Sets New Rules To Approve Applications For The Semiconductor Companies The Chips act is also furnished with a 25 percent investment tax credit for setting-up semiconductor factories worth $24 billion A day back, the Commerce Department in the US has stated that more than 460 firms have shown their interests in grabbing the semiconductor subsidy under the US Chips and Science Act in an effort to grow the… |
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IBC India Signs MoU with Karnataka Government To Establish A New Lithium-ion Battery Plant The company has invested Rs 8,000 Crore to set-up this mega battery production facility and an MoU has already been signed with the state government In an effort to grow the electric vehicle industry in Karnataka in India, global battery making giant International Battery Company (IBC) and the state government have signed a contract… |
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ELCINA, SEMI Showcase India's Semiconductor Manufacturing Capability at SemiconIndia 2023 Exhibition Electronic Industries Association of India (ELCINA) and SEMI, the global industry association that unites the entire electronics manufacturing and design supply chain, have jointly participated in the prestigious SemiconIndia 2023 Exhibition. The six-day event, underway at Mahatma Mandir, Gandhinagar, Gujarat, India from 25th July to 30th July, features three days… |
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Semicon India 2023: India Is Turning into A Competitive Country In Terms of Electronics and Semiconductors, says Rajeev Chandrashekar India holds colossal potential in the semiconductor industry and the government has a firm commitment to meet the same Ahead of the second edition of Semicon India 2023 event in Gujarat, Minister of state for skill development & entrepreneurship and electronics & IT Rajeev Chandrasekhar told the media that India missed the… |
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European Union Finally Approves $47.5 billion Chips Act To Boost Chip Manufacturing The purpose of approving the new CHIPS act is to magnetize more investments and boost R&D in the EU nations After several months of discussions, the European Union has finally approved the much-awaited $47.5 billion incentive plan to boost more fabs and escalate semiconductor manufacturing in the EU nation. The incentive plan is… |
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India Now Inks MoU With Japan For Developing Semiconductor Industry The MoU is on five fronts, viz. semiconductor design, manufacturing, equipment research, talent development, and bringing resilience to the semiconductor supply chain In a further effort to boost the semiconductor industry in the country, India has now inked an agreement with Japan in terms of talent development, design, equipment… |
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HCL Group To Set-up A New ATMP Facility With An Investment Worth $200-300 Mn Since nothing is moving on the Intel-Tower front, HCL is planning to go solo and apply for an ATMP unit As per a media report, the Shiv Nadar founded HCL Group is now willing to foray into India’s growing semiconductor industry. The July 19 report on the Economic Times highlighted that this billionaire business group is speculated to… |
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Government Urges Tesla To Invest in India, But Refuses To Decrease Import Duty On Vehicles The government clearly told the media that as of now, they are not going to entertain a tax waiver for Tesla The US based international automotive firm Tesla is now looking forward to set-up its new EV manufacturing unit in India for which it is involved in deep discussions with the government of India. Founded by Elon Musk, the… |
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Why Gujarat Has Turned Into An Ideal Destination For Setting-up Semiconductor Manufacturing
The state is is located in the western part of the country, it is quite close to West Asia and Europe’s market
The canal that is located in Dholera will offer huge gallons of water from the Narmada dam that is very important for setting up a semiconductor fab
After the government has invited a second round of applications to set-up semiconductor and display fabs… |
