US President Joe Biden signed an order to implement the 2022 CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The US government’s implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country. The bill is expected to … Read more
Taiwan’s “key position” in making semiconductors will not be shaken and production on the island is the most efficient way of doing things, the Economy Ministry said on Friday in response to the US Congress passing a major new chips act. The US House of Representatives passed the sweeping legislation on Thursday to subsidise the domestic semiconductor … Read more
Taiwan’s “key position” in making semiconductors will not be shaken and production on the island is the most efficient way of doing things, the Economy Ministry said on Friday in response to the US Congress passing a major new chips act. The US House of Representatives passed the sweeping legislation on Thursday to subsidise the domestic semiconductor … Read more
The Gujarat government on Wednesday announced a dedicated policy to attract new investment in the semiconductor sector by offering incentives and subsidies to start operations in the state. Chief Minister Bhupendra Patel unveiled the ‘Gujarat Semiconductor Policy’, will remain in force till 2027, state Science and Technology Minister Jitu Vaghani said in a statement. Under … Read more
South Korea said on Thursday it aimed at local sourcing for half of its materials, components and equipment in semiconductor manufacturing by 2030, up from 30% currently. The plan is part of President Yoon Suk-yeol administration’s strategy to strengthen the industry. South Korea, home to top memory chip makers Samsung and SK Hynix, is seeking … Read more
Telangana IT and Industries Minister KT Rama Rao on Thursday met Taiwanese electronics giant Foxconn chairman Young Liu in the national capital and invited him to explore investment opportunities in the state. Foxconn, one of the leading electronic manufacturing services providers, has production units in Tamil Nadu and Andhra Pradesh. During the interaction, the Telangana … Read more
Taiwan Semiconductor Manufacturing Co executives said on Thursday the world’s biggest chipmaker will have the next version of ASML Holding NV’s most advanced chipmaking tool in 2024. The tool called “high-NA EUV” produces beams of focused light that create the microscopic circuitry on computer chips used in phones, laptops, cars and artificial intelligence devices such … Read more
Vedanta will finalise a location for its $20 billion (roughly Rs. 1,55,273 crore) semiconductor and display plants in India by mid-June and will have the first chip product ready in two years, its Chairman Anil Agarwal said on Wednesday. Oil-to-metals conglomerate Vedanta said in February it will diversify into chip manufacturing and announced plans to … Read more
Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion (roughly Rs. 6,70,187 crore) investment drive across Europe, which is striving to cut its reliance on imports and ease a supply crunch for manufacturers. The plan is the latest big investment announcement by a … Read more
Some 45 percent to 54 percent of the world’s semiconductor-grade neon, critical for the lasers used to make chips, comes from two Ukrainian companies, Ingas and Cryoin, according to Reuters calculations based on figures from the companies and market research firm Techcet. Global neon consumption for chip production reached about 540 metric tons last year, … Read more