Renesas Electronics is part of a consortium building an OSAT (outsourced semiconductor assembly and test) facility at Sanand near Ahmedabad in Gujarat India. It will only hold around 6.8% of the equity capital, with the bulk going to Mumbai engineering conglomerate CG Power and Industrial Solutions. Thailand OSAT provider Stars Microelectronics will hold 0.9%. “CG’s entry into the semiconductor manufacturing ...
Indian startups are getting an increasing taste for IPOs with some Indian exchanges outpacing China exchanges for IPO numbers. 2023 saw 209 IPOs – a 45% y-o-y rise – on Mumbai’s two stock exchanges the National Stock Exchange and the Bombay Stock Exchange, reports EY (Ernst & Young). This contrasts with falls in IPOs of 33% down to 126 IPOs in Shenzhen, ...
Foxconn is expected to increase its Indian production of iPhones from 12-14% in 2023 to 20-25% in 2024. Earlier this week the company filed a securities notice in Taiwan that it would build a plant costing $1.54 billion at an unnamed location in India, reported The Nikkei. According to reports in the Taiwan press, the plant will be used for ...
India is once again pitching for semiconductor investment after a string of prospective projects have fallen through. “India is becoming an excellent conductor for semiconductor investments,” said prime minister Narendra Modi (pictured) at the weekend, “the world needs a reliable supply chain. Who can be a more trusted partner than the world’s largest democracy?” Modi was speaking at SemiconIndia which held ...
Tata Consultancy Services and Renesas Electronics are to collaborate on radio frequency, digital and mixed-signal design, and software development, in Bengaluru and Hyderabad. “The innovation centre will combine TCS’ expertise in IoT, and knowledge of the manufacturing, telecom and automotive industries, with Renesas’ semiconductor designs and embedded software support,” according to Renesas. “By joining hands and leveraging their strengths, the ...
Digi-Key Electronics has launched, in India, its first Global Capability Centre (GCC) – a technology development hub. The 30,000 square foot facility is in Bhartiya City, Bengaluru (also known as Bangalore) and is the first of its kind to be set up by the Minnesota-based distributor. It says the GCC – described as an integral part of its long-term strategy ...
Indian Semiconductor Manufacturing Company Digital Fab (ISMC Digital Fab) – a jv between Intel subsidiary Tower Semiconductor and Orbit Ventures of Abu Dhabi – is to build a $3 billion fab for analogue ICs in the Indian state of Karnataka. The jv has applied for a grant under the Indian government’s $10 billion chip incentive scheme. If accepted, the jv ...
One of the companies said to be preparing to apply for government incentives to set up IC manufacturing in India is Intel, reports The India Express. It is being said that the proposed plant would be aimed at the 18A generation of Intel’s processes, the most advanced on its announced schedule, which is slated for introduction in H2 2025. The ...
India is set fair to celebrate becoming the fourth country to achieve a soft moon landing, after the USA, the former Soviet Union and China - India's space agency announces that its Vikram Lander has successfully separated from the Orbiter
Cambridge-based Blighter Surveillance Systems has made its first sale into India for its Blighter B400 series ground surveillance radar. The contract was awarded by system integrator Tata Power following a trial organised by India’s border management organisation in Gwalior in 2016. Blighter radars will be deployed by Tata during 2018 as part of the Indian Government’s ‘Comprehensive integrated border management ...
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