India Outlines $10-Billion Plan to Woo Global Chip Makers

India Outlines -Billion Plan to Woo Global Chip Makers

India has approved a $10 billion (roughly Rs. 76,090 crore) incentive plan to attract semiconductor and display manufacturers, technology minister Ashwini Vaishnaw said on Wednesday, as part of a deepening push to establish the country as a global electronics production hub. Under the plan, the government will extend fiscal support of up to 50% of a project’s … Read more

Intel to Invest $7 Billion in New Chip Plant in Malaysia

Intel to Invest  Billion in New Chip Plant in Malaysia

Intel will invest more than $7 billion (roughly Rs. 53,380 crore) to build a new chip-packaging and testing factory in Malaysia, Chief Executive Pat Gelsinger said on Thursday, expanding production in the country following a global shortage of semiconductors. The new advanced packaging facility in Malaysia is expected to begin production in 2024, he said. The … Read more

Global Chip Supply Chain Vulnerable to Massive Disruption: Study

Global Chip Supply Chain Vulnerable to Massive Disruption: Study

A new study from a US industry group found that the global semiconductor supply chain has become increasingly vulnerable to natural disasters and geopolitical disruptions because suppliers have become more concentrated in distinct regions. The report comes amid a global chip shortage that started with overbooked factories in Taiwan late last year, but has since … Read more

Global Chip Supply Chain Vulnerable to Massive Disruption: Study

Global Chip Supply Chain Vulnerable to Massive Disruption: Study

A new study from a US industry group found that the global semiconductor supply chain has become increasingly vulnerable to natural disasters and geopolitical disruptions because suppliers have become more concentrated in distinct regions. The report comes amid a global chip shortage that started with overbooked factories in Taiwan late last year, but has since … Read more

Apple Supplier Foxconn Says ‘Limited Impact’ Expected from Chip Shortage

Apple Supplier Foxconn Says ‘Limited Impact’ Expected from Chip Shortage

The chairman of Apple supplier Foxconn said on Saturday that he expects his company and its clients will face only “limited impact” from a chip shortage that has rattled the global automotive and semiconductor industries. “Since most of the customers we serve are large customers, they all have proper precautionary planning,” said Liu Young-way, chairman … Read more

Apple Supplier Foxconn Says ‘Limited Impact’ Expected from Chip Shortage

Apple Supplier Foxconn Says ‘Limited Impact’ Expected from Chip Shortage

The chairman of Apple supplier Foxconn said on Saturday that he expects his company and its clients will face only “limited impact” from a chip shortage that has rattled the global automotive and semiconductor industries. “Since most of the customers we serve are large customers, they all have proper precautionary planning,” said Liu Young-way, chairman … Read more