Business

Semicon 2022: Government Signs MoUs To Boost Semiconductor Ecosystem

BENGALURU: The wheels are set in motion to power the semiconductor ecosystem in the country as the government signed multiple Memorandum of Understanding (MoUs) with leading names including Sony India, ISRO, ICGAR and BEL. At the Semicon 2022 in Bengaluru, the Ministry of Electronics and Information Technology (MEITY) unveiled a roadmap to catalyse the industry’s …

Semicon Policy: Multinational-firm ISMC Announces India’s 1st Chip Plant In Mysore At Rs 22K Cr

  BENGALURU: India’s ongoing three-day mega conclave, Semicon 2022, in Bengaluru saw a major breakthrough as multinational chip manufacturer ISMC announced to set up its  65nm analog semiconductor fabrication plant in Karnataka’s Mysuru, making it country’s first such unit to manufacture and supply wafers for mobile and smart devices. ISMC is a venture between Israel-based …

EXC: Mining Giant Vedanta Says Foxconn JV For Chips Seeing Indian States Offer Free Land

  BENGALURU: Indian oil and metal major Vedanta has said the company has been offered free land, up to 350-acres, by several states in the country as it bids to enter the semiconductor and display fabrication industry with Taiwan major Foxconn which will also make it India’s first chipmaker. Foxconn is the company behind the …

SEMICON 2022: The Next Digital Frontier; India Building Tiny Processor At 7nm Or 22nm For Your Mobiles

BENGALURU: Consider this: You pick up any mobile phone or a smart wearable device and there’s a 90 per cent chance it contains at least one IIT Madras processor from India in the next five years. After producing the indigenous industrial-grade microprocessor Shakti in 2018, India is on course to roll out an n-core processor …

ED Seizes Rs 5,551 Cr From Xiaomi India For FEMA Violation

  NEW DELHI: Rs 5,551 crore of Chinese smartphone maker Xiaomi Technology India has been seized by the Enforcement Directorate (ED), the agency said on Saturday. The action has been taken under the provisions of the Foreign Exchange Management Act (FEMA), 1999. A source in the ED said that Xiaomi India is a wholly-owned subsidiary …

SEMI and ELCINA Join Forces To Promote Semiconductor & Electronics Industry

BENGALURU: SEMI, a leading global industry association of companies from the semiconductor, electronics design and manufacturing supply chain, and ELCINA, a leading association of electronics manufacturers in India, have agreed to join forces to promote the semiconductor and electronics industry. They also aim to majorly boost investments in India by supporting investors to garner benefits …

AICTE Starting 4-Yr UG Course On Semiconductors, MoU With Pvt Firm: Chairman At Semicon

  As India flagged off the country’s first Semicon, a three-day mega event in India’s Bengaluru to bring together heads of several semiconductor companies, The New Indian’s Executive Editor Rohan Dua caught up with All India Council For Technical Education (AICTE) chairman Prof Anil D Sahasrabudhe, who once served as Professor of Mechanical Engineering at …

Made Our Algorithm Open Just Before Elon Musk Sought It For Twitter: Koo Co-Founder

In the middle of frenzy over India’s first Semicon, a three-day mega event in India’s Bengaluru to bring together several semi-conductor companies and help them forge a network to tap into each other’s energy and harness talent in the growing chip industry, The New Indian’s Executive Editor caught up with Koo co-founder Aprameya Radhakrishna. While …

Power Crisis: 657 Train Trips Cancelled To Speed Up Coal Rakes Movement

NEW DELHI: In a major development, Indian Railways has decided to cancel 657 trips of passenger trains to speed up the movement of coal rakes to power plants to avoid a looming power crisis. The sizzling summer has driven the demand for coal, which is one of the key ingredients for the power industry. The …

With 3 Women Tech Honchos On Stage, India Starts 1st Semicon in Bengaluru

  BENGALURU: In the flourishing settings of Bengaluru — home to influential companies of ambitious up-and-comers — to help push cutting-edge tech innovation, India on Friday kicked off its first-ever event to bring together semiconductor giants behind computers, mobile phones and everyday gadgets with three women honchos leading the first day. Union minister for electronics …