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Critical & emerging technologies to emerge as important metrics of power: S. Jaishankar External Affairs Minister S. Jaishankar on Sunday said that critical and emerging technologies (CETs) are going to emerge as important metrics of power. Addressing the SemiconIndia conference virtually, Jaishankar said, "It is not surprising that CETs should now emerge as one of the important metrics of power. Who invents, who manufactures, what are the market shares, where are the resources, who has the skills, where is the talent pool -- these are increasingly the crucial questions....
Critical & emerging technologies to emerge as important metrics of power: S. Jaishankar
Critical & emerging technologies to emerge as important metrics of power: S. Jaishankar
Source: IANS
30/07/2023 12:19:45 PM
AICTE Chief: 600 colleges to offer UG-PG semiconductor tech courses Over 600 engineering and technical institutions across the country will soon start offering "world-class" courses on semiconductor technology, All India Council for Technical Education (AICTE) chairman T.G. Sitharam has said. The AICTE is a national-level apex advisory body to conduct a survey on the facilities available for technical education and to promote development in the country in a coordinated and integrated manner. It comes under the Union Education Ministry and is also...
AICTE Chief: 600 colleges to offer UG-PG semiconductor tech courses
AICTE Chief: 600 colleges to offer UG-PG semiconductor tech courses
Source: IANS
30/07/2023 9:27:31 AM
India`s electronics manufacturing jumps from $30 bn to $100 bn: Prime Minister Narendra Modi Prime Minister Narendra Modi on Friday revealed that India’s electronic manufacturing has exceeded $100 billion from $30 billion in 2014. He made the revelation after officially opening the SemiconIndia 2023 here. The conference, under the theme 'Catalysing India’s Semiconductor Ecosystem', will showcase India’s ambitious strategy and policy in becoming a global nucleus for semiconductor design, manufacturing, and technology development. In his address, Prim...
India`s electronics manufacturing jumps from $30 bn to $100 bn: Prime Minister Narendra Modi
India`s electronics manufacturing jumps from $30 bn to $100 bn: Prime Minister Narendra Modi
Source: IANS
28/07/2023 3:30:55 PM
Prime Minister Narendra Modi promises 50% financial support to firms investing in semiconductor sector   Prime Minister Narendra Modi on Friday promised 50 per cent financial assistance to players wishing to set up semiconductor manufacturing facility in the country. Now technology firms will be given 50 per cent financial assistance to set up semiconductor manufacturing facilities in India, he said, adding, “We are continuously carrying out policy reforms to accelerate the growth of the country's semiconductor sector” He was addressing a gathering after inaugurat...
Prime Minister Narendra Modi promises 50% financial support to firms investing in semiconductor sector
Prime Minister Narendra Modi promises 50% financial support to firms investing in semiconductor sector
Source: IANS
28/07/2023 2:32:16 PM
Engaged with 100 global suppliers to build chip, display fabs in India: Vedanta The Vedanta Group on Tuesday said it remains committed to building India’s first semiconductor and display fabs in Gujarat, and has already engaged with more than 100 global suppliers and ancillary industries. The statement came after Taiwanese chip-making giant Foxconn withdrew from a joint venture to manufacture chips with India-based industrial giant. According to Vedanta Semiconductors and Display Global MD Akarsh K. Hebbar, Vedanta Group remains fully committed to building In...
Engaged with 100 global suppliers to build chip, display fabs in India: Vedanta
Engaged with 100 global suppliers to build chip, display fabs in India: Vedanta
Source: IANS
19/07/2023 9:35:11 AM
Our aim is to create 100 semiconductor design startups: MoS IT India is aiming to create 100 semiconductor design startups in the near future that will develop innovative designs and solutions not only for the domestic market but also for the world, Minister of State for Electronics and IT Rajeev Chandrasekhar said here on Friday. Addressing a gathering of students, young innovators, industry stakeholders and others at IIT Delhi, the minister said that the country will soon have a talent pool of 85,000 highly-skilled professionals in the semiconductor...
Our aim is to create 100 semiconductor design startups: MoS IT
Our aim is to create 100 semiconductor design startups: MoS IT
Source: IANS
12/05/2023 12:50:14 PM
India will soon have 85K talent pool in semiconductor space: MoS IT Minister of State for Electronics and IT Rajeev Chandrasekhar on Thursday said that in the semiconductor space, the country will soon have a talent pool of 85,000 who will not only create innovative designs and solutions for the country but also for the world. Addressing an event organised by the non-profit Public Affairs Forum of India (PAFI), the minister said that India's 'Techade' is changing the narrative of the country being a IT/ITES hub. "Our digital economy pie...
India will soon have 85K talent pool in semiconductor space: MoS IT
India will soon have 85K talent pool in semiconductor space: MoS IT
Source: IANS
11/05/2023 6:11:39 PM
MoS IT to empower semiconductor startups, next-gen chip designers India's semiconductor market is projected to reach $64 billion by 2026 and Minister of State for Electronics & IT Rajeev Chandrasekhar will meet and encourage startups, next-generation innovators, chip designers and business leaders to invest in the semiconductor sector at an event as part of a series at IIT Delhi on May 12. The minister in February inaugurated the 2nd 'Semicon India FutureDESIGN Roadshow' at IISc in Bengaluru, saying that the country is growing rapidly in ...
MoS IT to empower semiconductor startups, next-gen chip designers
MoS IT to empower semiconductor startups, next-gen chip designers
Source: IANS
9/05/2023 4:53:23 PM
Bosch acquires US chipmaker TSI Semiconductors for $1.5 bn German conglomerate Bosch on Wednesday said it is acquiring US chipmaker TSI Semiconductors for $1.5 billion and converting its manufacturing facilities to state-of-the-art processes. With the planned acquisition, Bosch will significantly expand its global portfolio of silicon carbide (SiC) semiconductors by the end of 2030. Starting in 2026, the first chips will be produced on 200-millimeter wafers based on the innovative material silicon carbide. "With this planned investment ...
Bosch acquires US chipmaker TSI Semiconductors for $1.5 bn
Bosch acquires US chipmaker TSI Semiconductors for $1.5 bn
Source: IANS
27/04/2023 9:27:21 AM
Global chip revenue to decline 11% this year, short-term outlook grim Global semiconductor revenue is projected to decline 11.2 per cent to reach $532 billion in 2023, and the short-term outlook for the semiconductor market has deteriorated further, a report showed on Wednesday. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2 per cent from 2021, according to the latest forecast from Gartner. The PC, tablet and smartphone semiconductor markets are stagnating. The combined markets will represent 31 per cent of semiconductor reve...
Global chip revenue to decline 11% this year, short-term outlook grim
Global chip revenue to decline 11% this year, short-term outlook grim
Source: IANS
26/04/2023 4:22:54 PM
South Korea to invest $172 million in nurturing semiconductor talents The South Korean government and the country's major chipmakers agreed on Thursday to jointly nurture more than 2,300 top-level talents in the semiconductor field over the next decade in an effort to maintain global technology prowess, the industry ministry said. The ministry signed a memorandum of understanding with Samsung Electronics Co., SK hynix Inc. and the Korea Semiconductor Industry Association, which calls for earmarking a total of 222.9 billion won ($171.72 million) together ...
South Korea to invest $172 million in nurturing semiconductor talents
South Korea to invest $172 million in nurturing semiconductor talents
Source: IANS
24/02/2023 11:21:52 AM
Government to come up with program very soon to put country on good semiconductor journey for next 10 years: Ashwini Vaishnaw In order to give a boost to semiconductor manufacturing in the country, Union Minister for Electronics and Information Technology, Ashwini Vaishnaw has said that the government will come up with a program very soon to put the country on a good semiconductor journey for the next 10 years. He stated ‘When PM approved the Semicon India program on Jan 1, 2022, we promised that within the next 14-16 months, we'll work hard, learn from the world's experience and come out with a pro...
Government to come up with program very soon to put country on good semiconductor journey for next 10 years: Ashwini Vaishnaw
Government to come up with program very soon to put country on good semiconductor journey for next 10 years: Ashwini Vaishnaw
Source: Accord Fintech
20/02/2023 10:31:16 AM
Geographical diversification of semiconductor chip manufacturing to happen: Moody's The increasing geopolitical pressure will have limited immediate effect on semiconductor supply chains but in the longer term, will lead to geographic diversification of production capacity and investments of Taiwanese semiconductor companies, said Moody's investor Service. This geographic shift will involve substantial investments and raisec economic concerns for Taiwan, and China, which are credit negative for the Taiwanese government and related chipmaking companies, it said. &qu...
Geographical diversification of semiconductor chip manufacturing to happen: Moody's
Geographical diversification of semiconductor chip manufacturing to happen: Moody's
Source: IANS
18/01/2023 5:15:49 PM
Infra, semiconductor, domestic manufacturing some strategic priority sectors: Union Commerce and Industry Minister Piyush Goyal Union Commerce and Industry Minister Piyush Goyal on Saturday expressed confidence that the structural reforms taken by the government in the last 8 years will help India emerge among the top three developed economies in the world. In his address at the 27th edition of Wharton India Economic Forum, held virtually, with the theme of India leading innovation in the age of uncertainty, Goyal, citing the most impactful economic reforms that will pave the way for India's growth story in com...
Infra, semiconductor, domestic manufacturing some strategic priority sectors: Union Commerce and Industry Minister Piyush Goyal
Infra, semiconductor, domestic manufacturing some strategic priority sectors: Union Commerce and Industry Minister Piyush Goyal
Source: IANS
8/01/2023 9:04:48 AM
Global semiconductor revenue growth worsens, to drop 3.6% in 2023 Global semiconductor revenue is projected to decline 3.6 per cent in 2023 -- from the previous forecast of $623 billion to reach $596 billion, a new Gartner report showed on Monday. In 2022, the market is on pace to grow 4 per cent and total $618 billion. The worsening economic outlook is negatively impacting smartphone, PC and consumer electronics production which is positioning the DRAM market for oversupply for the remainder of 2022 and the first three quarters of 2023. Gartner fo...
Global semiconductor revenue growth worsens, to drop 3.6% in 2023
Global semiconductor revenue growth worsens, to drop 3.6% in 2023
Source: IANS
28/11/2022 4:11:43 PM
Global smartphone apps chip market hits all-time high of $8.9 bn  The global smartphone applications processor (AP) market grew 26 per cent to reach $8.9 billion in the second quarter (Q2) this year. According to Strategy Analytics, Qualcomm maintained its lead in the smartphone AP market with a 40 per cent revenue share, followed by MediaTek with 26 per cent and Apple with 25.5 per cent. 5G-attached AP shipments accounted for 55 per cent of total smartphone APs shipped in Q2 2022. TSMC manufactured over 80 per cent of smartphone APs shipped ...
Global smartphone apps chip market hits all-time high of $8.9 bn
Global smartphone apps chip market hits all-time high of $8.9 bn
Source: IANS
13/11/2022 1:46:07 PM
SK hynix likely to report poor Q3 results amid chip downturn SK hynix, the world's second-largest memory chip maker, is expected to report disappointing third-quarter earnings next week, analysts said, marking a sharp departure from record-breaking performances for the past few years, amid a cyclical downturn of the global semiconductor industry. SK hynix's operating profit for the three months ending in September is estimated at 2.5 trillion won ($1.73 billion), down 38.8 percent from a year earlier, according to FnGuide, a Seoul-based fina...
SK hynix likely to report poor Q3 results amid chip downturn
SK hynix likely to report poor Q3 results amid chip downturn
Source: IANS
22/10/2022 12:42:02 PM
India`s Bajaj Auto tops Q2 profit estimates on higher prices, domestic demand  India's Bajaj Auto reported a bigger-than-expected rise in second-quarter profit on Friday, benefiting from price increases and strong domestic demand for its motorcycles and autorickshaws. The company's profit increased 20% year-over-year to 15.30 billion Indian rupees ($186.20 million) in the quarter ended Sept. 30. Revenue from operations increased 16% to a record 102.03 billion rupees. The profit beat both analysts' expectations of 14.66 billion Indian rupees, acco...
India`s Bajaj Auto tops Q2 profit estimates on higher prices, domestic demand
India`s Bajaj Auto tops Q2 profit estimates on higher prices, domestic demand
Source: Reuters
14/10/2022 5:19:59 PM
Intel plans major layoffs this month as PC sales nosedive: Report Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its sales and marketing teams, as consumer PC sales nosedive globally. Bloomberg reported on Wednesday that the layoffs will affect nearly 20 per cent of team members at its hit sales and marketing teams. The cuts will be announced "as early as this month," around the same time as Intel's third-quarter earnings report on October 27, according to the report. The company current...
Intel plans major layoffs this month as PC sales nosedive: Report
Intel plans major layoffs this month as PC sales nosedive: Report
Source: IANS
12/10/2022 4:50:02 PM
SK hynix exempted from US export controls for 1 year  SK hynix, the world's second-largest memory chip maker, said on Wednesday it has been temporarily exempted from the United States' export control measures and is allowed to continue normal production activities in China for one year. The US Department of Commerce allowed the chipmaker and its business partners to "engage in activities necessary to maintain current production of integrated circuits in China for one year without further licensing requirements," the co...
SK hynix exempted from US export controls for 1 year
SK hynix exempted from US export controls for 1 year
Source: IANS
12/10/2022 10:33:10 AM
MediaTek unveils new Dimensity 1080 chip for 5G smartphones MediaTek, a global fabless semiconductor company, on Tuesday launched its newest Dimensity 1080 chipset for 5G smartphones. With upgraded camera features, the latest 5G chipset delivers better performance as compared to its predecessor Dimensity 920 chipset. The Dimensity 1080 chipset-enabled smartphones will be available in the market by Q4 2022. "Continuing MediaTek's legacy of optimising power and performance, the 'Dimensity 1080' offers a full suite of advanced feat...
MediaTek unveils new Dimensity 1080 chip for 5G smartphones
MediaTek unveils new Dimensity 1080 chip for 5G smartphones
Source: IANS
11/10/2022 5:54:57 PM
Electric Vehicle production likely to reach 54 mn units by 2029 The global electric vehicle production will grow at a compounded average annual growth rate (CAAGR) of 26 per cent, with volumes approaching 54.1 million units by 2029, a report has said. The EV Powertrain semiconductor market is forecast to grow at a CAAGR of 31 per cent to reach $27.3 billion by 2029, according to the report by market research firm Strategy Analytics. "Semiconductors required for power electronics will comprise the largest market, with growth accelerating in line...
Electric Vehicle production likely to reach 54 mn units by 2029
Electric Vehicle production likely to reach 54 mn units by 2029
Source: IANS
9/10/2022 9:41:05 AM
CM Ashok Gehlot invites Vedanta to set up semiconductor chip industry in Rajasthan  Rajasthan Chief Minister Ashok Gehlot on Friday invited Vedanta chairman Anil Agarwal to set up a semiconductor chip industry in Rajasthan. The Chief Minister, during the 'Invest Rajasthan' Summit, told Agarwal, "You are always worried about Rajasthan. If there is a fight between Maharashtra and Gujarat for the semiconductor industry worth Rs one lakh crore, then you should set up a semiconductor chip industry in Rajasthan." Agarwal, meanwhile, said that the disc...
CM Ashok Gehlot invites Vedanta to set up semiconductor chip industry in Rajasthan
CM Ashok Gehlot invites Vedanta to set up semiconductor chip industry in Rajasthan
Source: IANS
8/10/2022 9:23:09 AM
Oil climbs, Asian shares mixed as holiday-heavy week gets underway Oil jumped on Monday as OPEC+ considers a cut to output this week, while Asia shares were mixed with holidays in the Asia-Pacific region likely to result in thin trading. U.S. crude rose 3.01% to $81.88 a barrel after OPEC+ sources told Reuters oil production could be cut by between 500,000 and one million barrels a day. Brent crude rose 2.95% to $87.65 per barrel. On the first trading day of the quarter, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.43%, on ...
Oil climbs, Asian shares mixed as holiday-heavy week gets underway
Oil climbs, Asian shares mixed as holiday-heavy week gets underway
Source: Reuters
3/10/2022 9:16:50 AM
Intel kicks off work on $20 bn semiconductor plant in US  Intel has kicked off work on the new $20 billion semiconductor plant in the Ohio state in US, as President Joe Biden joined the chip-maker and Ohio Governor Mike DeWine to celebrate breaking ground in the "Silicon Heartland" on the world's most advanced chipmaking facilities. The chip plant is part of Intel's plans to invest $100 billion in Ohio over the next 10 years. "Today marks a pivotal moment in the journey to build a more geographically balanced and r...
Intel kicks off work on $20 bn semiconductor plant in US
Intel kicks off work on $20 bn semiconductor plant in US
Source: IANS
10/09/2022 2:22:22 PM
Semiconductor chips shortage to normalise, lead time to be higher: Moody's Analytics The shortage of semiconductor chips that goes into various items to normalise sometime in next year while the lead times continue at a higher level, Moody's Analytics said in a report. "While we see lead times remaining elevated through the end of the year, we expect the chip shortage to normalise sometime in 2023," said the report. According to Moody's Analytics, last month was the first time since the start of the pandemic the lead time fell from 27.1 weeks to 27 wee...
Semiconductor chips shortage to normalise, lead time to be higher: Moody's Analytics
Semiconductor chips shortage to normalise, lead time to be higher: Moody's Analytics
Source: IANS
29/08/2022 1:52:56 PM
Samsung begins work on $15 bn next-gen chip R&D facility Samsung Electronics on Friday held a groundbreaking ceremony for its new semiconductor research and development (R&D) complex here, in a move to bolster its global leadership in cutting-edge chip technology. The South Korean tech giant plans to invest around $15.06 billion by 2028 for the 109,000-square-meter complex within its Giheung campus in Yongin, 50 kms south of Seoul. The envisioned facility is expected to help Samsung lead in areas of advanced research for memory and system...
Samsung begins work on $15 bn next-gen chip R&D facility
Samsung begins work on $15 bn next-gen chip R&D facility
Source: IANS
19/08/2022 4:06:20 PM
IESA to skill students in semiconductor tech as India aims to be chip hub In a bid to create a skilled workforce for the growing semiconductor industry in India, the India Electronics and Semiconductor Association (IESA) on Wednesday announced a first-of-its-kind initiative to reach out to eligible candidates, nurture them and connect them to prospective employers. According to Prime Minister Narendra Modi, the country's own consumption of semiconductors is expected to cross $80 billion by 2026 and $110 billion by 2030, and the government is investing heavil...
IESA to skill students in semiconductor tech as India aims to be chip hub
IESA to skill students in semiconductor tech as India aims to be chip hub
Source: IANS
17/08/2022 3:04:10 PM
India's semiconductor component market to reach $300 bn by 2026 New Delhi, Aug 16 India's semiconductor component market is likel to reach $300 billion in cumulative revenues by 2026, as 'Make in India' and production-linked incentive (PLI) schemes will boost local sourcing of semi-components in the coming years, a new report said on Tuesday. Mobile and wearables, IT and industrial segments currently contribute around 80 per cent of the semiconductor revenues in the country in 2021. Further policy reforms and building of a semicondu...
India's semiconductor component market to reach $300 bn by 2026
India's semiconductor component market to reach $300 bn by 2026
Source: IANS
16/08/2022 6:30:30 PM
PC shipments, chip sales growth face record slump this year Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of 26.3 per cent, while chip sales from PCs are likely to decline 5.4 per cent, according to Gartner. PC shipments are set to decline by 13.1 per cent this year after recording growth in 2020 and 2021. Semiconductor revenue from smartphones is on pace to slow to 3.1 per cent growth, compared to 24.5 per cent growth in 2021. "Although chip shortages are abating, the global semi...
PC shipments, chip sales growth face record slump this year
PC shipments, chip sales growth face record slump this year
Source: IANS
31/07/2022 11:59:03 AM
Japan's Renesas, India's Tata Motors partner to develop chip solutions NEW DELHI -Japanese chipmaker Renesas Electronics Corp and India's Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions, the firms said on Wednesday. The move comes as a persistent global shortage of semiconductor chips has hobbled the automotive and electronics industries, among others, forcing production cutbacks, while highlighting global dependence on a few sources, such as Taiwan. Renesas will collaborate with Tata Motors, Ind...
Japan's Renesas, India's Tata Motors partner to develop chip solutions
Japan's Renesas, India's Tata Motors partner to develop chip solutions
Source: Reuters
29/06/2022 12:24:46 PM
India has $85 bn opportunity in $500 bn global chip supply chain market New Delhi : India has a $85 billion opportunity in the global $500 billion semiconductor manufacturing supply chain market comprising materials (gases, chemicals, minerals, equipment and services), a new report showed on Friday. The Indian semiconductor industry can build materials, equipment and services capabilities, thereby making notable contributions to the global semiconductor manufacturing supply chain, according to the report by The India Electronics and Semiconductor Associat...
India has $85 bn opportunity in $500 bn global chip supply chain market
India has $85 bn opportunity in $500 bn global chip supply chain market
Source: IANS
17/06/2022 5:29:16 PM
Machine learning helps predict new materials for nano alloys, semiconductors, rare earths Scientists have used machine learning to develop a design map of alloys at the nano-scale which can help predict the match of pairs of metals that can form bimetallic nano-alloys, a new frontier in the quest of new materials having applications in biomedicine and other areas. These nano-alloys, also called core-shell nano-cluster alloys, are such wherein one metal forms the core and another stays on the surface as a shell. It is important to know under what conditions core-shell structures...
Machine learning helps predict new materials for nano alloys, semiconductors, rare earths
Machine learning helps predict new materials for nano alloys, semiconductors, rare earths
Source: IANS
1/06/2022 2:30:40 PM
Samsung to invest $355 bn in chip, bio industries for next 5 years Samsung Electronics said on Tuesday it will invest 450 trillion won ($355 billion) in semiconductor and biopharmaceuticals for the next five years, as South Korea's largest company seeks to further expand its business in future growth areas. The company said it will spend 360 trillion won, or 80 per cent of the investment, for research and development, and talent nurturing in South Korea, especially in advanced chipmaking. Samsung Electronics and Samsung Biologics will lead the inve...
Samsung to invest $355 bn in chip, bio industries for next 5 years
Samsung to invest $355 bn in chip, bio industries for next 5 years
Source: IANS
24/05/2022 3:30:53 PM
China's semiconductor output shrinks to 2020 level China has suffered a major setback as its semiconductor output shrank 12.1 per cent to 25.9 billion units in April, its lowest since December 2020, the media reported on Monday. Disrupted supply chains amid logistics issues have paralysed some of the country's largest manufacturers. "China's monthly output of chips shrunk to its lowest level since 2020, as strict lockdowns in Shanghai and other cities disrupted production in downstream industries from cars to robotics,"...
China's semiconductor output shrinks to 2020 level
China's semiconductor output shrinks to 2020 level
Source: IANS
16/05/2022 4:39:13 PM
Smartphone demand drops 'like a rock', 200mn less handsets this year The demand for smartphones and PCs or laptops has dropped 'like a rock' and the current global situation and Covid-19 lockdowns can wipe off 200 million units of handsets in 2022, a top Chinese chip-maker has warned. According to Semiconductor Manufacturing International Corporation (SMIC), China, lockdowns will result in 200 million less smartphone units this year, reports South China Morning Post. The SMIC predicted a gloomy outlook for consumer electronics demand, saying it s...
Smartphone demand drops 'like a rock', 200mn less handsets this year
Smartphone demand drops 'like a rock', 200mn less handsets this year
Source: IANS
14/05/2022 1:04:36 PM
ISMC announces $3bn Semiconductor Fab Investment in Karnataka The ISMC announced an investment of Rs 22,900 crore ($3 billion) investment in a 65 nm Analog Semiconductor Fabrication plant in Karnataka. The ISMC team met Karnataka Chief Minister Basavaraj Bommai at his home office, Krishna, on Sunday. E.V. Ramana Reddy, Additional Chief Secretary to Government of Karnataka, Commerce and Industries, Department of Electronics Information Technology Biotechnology and Science & Technology signed the MoU on behalf of the state government, with Ajay ...
ISMC announces $3bn Semiconductor Fab Investment in Karnataka
ISMC announces $3bn Semiconductor Fab Investment in Karnataka
Source: IANS
2/05/2022 9:02:08 AM
India woos semiconductor makers in quest to become key player BENGALURU - India will provide support for companies looking to invest in semiconductor manufacturing, Prime Minister Narendra Modi said on Friday, as the South Asian nation sets its sights on becoming a key player in the global supply chain for chips. Even as more firms and countries seek to ensure access to the chips at the core of critical technologies such as 5G, and others of the future, the bulk of the world's chip output is limited to places such as Taiwan and the United States....
India woos semiconductor makers in quest to become key player
India woos semiconductor makers in quest to become key player
Source: Reuters
29/04/2022 12:49:34 PM
Global semiconductor sales to reach $676 bn this year: Gartner Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6 per cent from 2021, a Gartner report said on Tuesday. Semiconductor revenue for smartphones is forecast to increase 15.2 per cent in 2022, as 5G smartphone unit production is expected to grow by 45.3 per cent in 2022, reaching 808 million units and representing 55 per cent of all smartphones produced. The semiconductor average selling price (ASP) hike from the chip shortage continues to be a key...
Global semiconductor sales to reach $676 bn this year: Gartner
Global semiconductor sales to reach $676 bn this year: Gartner
Source: IANS
26/04/2022 4:03:18 PM
India to consume semiconductors of $80 billion to manufacture electronics worth $300 billion by 2026: MoS IT Minister of State for Electronics and IT Rajeev Chandrasekhar has said that India will consume semiconductors of around $70-80 billion to manufacture electronics products worth $300 billion by 2026 as envisaged in the government's vision document. He said the government will achieve the target of establishing a semiconductor ecosystem in the country based on the interest it is getting from around the globe. The minister said ‘demand for digital devices and electronics products is...
India to consume semiconductors of $80 billion to manufacture electronics worth $300 billion by 2026: MoS IT
India to consume semiconductors of $80 billion to manufacture electronics worth $300 billion by 2026: MoS IT
Source: Accord Fintech
19/04/2022 12:12:49 PM
Worldwide semiconductor revenue grew 26% in 2021: Report The worldwide semiconductor revenue totalled $595 billion in 2021, an increase of 26.3 per cent from 2020, a report said on Thursday. According to market research firm Gartner, Samsung Electronics regained the top spot from Intel for the first time since 2018, though by less than a percentage point, with revenue increasing 28 per cent in 2021. "The events behind the current chip shortage continue to impact original equipment manufacturers (OEMs) around the world, but the 5G smartph...
Worldwide semiconductor revenue grew 26% in 2021: Report
Worldwide semiconductor revenue grew 26% in 2021: Report
Source: IANS
14/04/2022 4:06:39 PM
Ukraine crisis may hit India's global semiconductor hub dream  As India kicks off local manufacturing of semiconductors to cut dependency on China, the shortage of raw material amid the Russia-Ukraine war which, if lingers for a longer period of time, may hamper the countrys dream to produce high-end semiconductors and become their global hub. The government recently set up the India Semiconductor Mission (ISM) and approved Rs 76,000 crore ($10 billion) for the development of semiconductors and display manufacturing ecosystem in the country. ...
Ukraine crisis may hit India's global semiconductor hub dream
Ukraine crisis may hit India's global semiconductor hub dream
Source: IANS
12/03/2022 4:34:37 PM
Russia-Ukraine war set to worsen global chip shortage  The ongoing Russia-Ukraine war is set to worsen the supply of semiconductors, as both the countries are vital exporters of raw materials used in the manufacturing of various chipsets, industry players said on Friday. The worldwide chip shortage will exist well into the last part of 2022, and possibly even 2023, according to the latest US Commerce Department report on semiconductor supply chain. "The global semiconductor chip shortage, which has only marginally been covered, m...
Russia-Ukraine war set to worsen global chip shortage
Russia-Ukraine war set to worsen global chip shortage
Source: IANS
25/02/2022 8:49:38 PM