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Anil Agarwal says production at Vedanta-Foxconn semiconductor plant to start in 2.5 years of groundbreaking
Sun, Nov 13, 2022
Vedanta-Foxconn would invest Rs 1,54,000 crore to set up the facility in Gujarat, which would create one lakh job opportunities, Chief Minister Bhupendra Patel had said after the MoU was signed.
China chip industry group 'troubled' by US export curbs
Sun, Oct 16, 2022
Last week, the U.S. Commerce Department passed a sweeping set of regulations aimed at kneecapping advancements in China's semiconductor industry.
Amid chip shortage, IIT Hyderabad comes up with special course to support India Semiconductor Mission
Thu, Sep 22, 2022
The world faced chip shortage due to the COVID-19 pandemic and several industries are yet to overcome this problem. The chip shortage is going to stay for some time because of the complexities involved in the production of semiconductors.
Exclusive: These Big Announcements Expected In Today's Cabinet Meeting On Investment & Semiconductor
Wed, Sep 21, 2022
Two big announcements to be made in Cabinet Meeting today. Announcements will be made to promote Investments. Semiconductor will make fabrication policy more attractive. Solar PV module's second PLI scheme will be announced. Know full news from Swati Khandelwal.
China's chip output shrinks as India and US ramp up local manufacturing
Sun, Sep 18, 2022
According to the South China Morning Post, the production of integrated circuits (ICs) slumped 24.7 per cent year on year to 24.7 billion units, marking the largest single-month decrease since 1997.
Countering China: Joe Biden signs $280 billion bill to boost chip production
Wed, Aug 10, 2022
The bill also creates a 25 per cent tax credit for semiconductor manufacturing, earmarks $1.5 billion for technology development for US firms dependent on foreign telecommunications, according to Forbes.
Maruti plans to boost production amid improving availability of semiconductor
Tue, Aug 09, 2022
On electric vehicles (EVs), he said the Gujarat plant of Suzuki Motor Corporation will start production from 2024-25 and will be sold by MSIL.
What Hyundai Motor India has to say on semiconductor shortage issue
Mon, Aug 08, 2022
The second largest passenger vehicle maker in the domestic market by volume has been facing stiff competition from homegrown manufacturers Tata Motors and Mahindra & Mahindra, which are riding high on their new SUV models
Vedanta Group eyes USD 3.5 billion turnover from chip business, one-third from exports
Mon, Jul 04, 2022
Vedanta Group expects its semiconductor business turnover to be in the range of USD 3 to 3.5 billion out of which around USD 1 billion will come from exports, a senior official of the company said.
Zee Business Exclusive: Government starts evaluation of semiconductor PLI applications, names to be announced by next year
Fri, Jun 24, 2022
Semiconductor PLI Scheme: The government has started scrutinising applications it has received for the semiconductor Production Linked Incentive (PLI) Scheme. The evaluation is to be done by December 2022 and the names will be announced after the evaluation process is completed. It is expected that the final names will be declared by next year. Zee Business Ambarish Pandey's report.
Vedanta's Semiconductor push: Company in talks with banks to raise up to USD 3 billion debt
Sat, Apr 30, 2022
In February, the company had decided to diversify into chip manufacturing and had also formed a joint venture with Taiwan`s Foxconn, with a total planned investment outlay of USD 20 billion.
India will encourage semiconductor makers in quest to become key player in global market says PM Modi
Fri, Apr 29, 2022
Prime Minister Narendra Modi on Friday said India will encourage companies willing to invest in semiconductor production.
Volkswagen expects chip supply to be challenging at least until end-H1
Wed, Dec 08, 2021
Volkswagen on Wednesday said tight chip supply would continue to pose challenges to Europe`s largest carmaker during at least the first half of 2022, while next year as a whole should show a slight improvement.
Intel plans to list shares in self-driving car unit Mobileye
Tue, Dec 07, 2021
Chip giant Intel, the largest employer of Israel`s high-tech industry with nearly 14,000 workers, expects to retain Mobileye`s executive team and hold on to a majority ownership in the unit after the IPO.
Auto retailers staring at huge losses this festive season as chip shortage hinder supplies
Sun, Oct 10, 2021
According to the President of Federation of Automobile Dealers Associations (FADA) Vinkesh Gulati, automobile retailers are staring at huge losses this festive season as manufacturers struggle with vehicle dispatches to dealerships amid the ongoing semiconductor shortage crisis.
Semiconductor shortage to further impact passenger vehicles sales in September: Ind-Ra
Sat, Sep 25, 2021
Semiconductor supply shortage is expected to further impact passenger vehicles (PVs) sale volumes in September, said India Ratings and Research (Ind-Ra) report.
''Quad'' countries to agree on secure microchip supply chains-media
Sun, Sep 19, 2021
U.S. President Joe Biden will host a first in-person summit of leaders of the "Quad" countries, which have sought to boost co-operation to push back against China`s growing assertiveness