News

Ravi Kunwar - CEO and VP for India and Asia Pacific, HMD HMD Global Shifts Major Manufacturing Operations from China to India

Finland phone maker HMD Global, known for manufacturing Nokia-branded feature phones, is shifting a significant portion…

Lisa Su - CEO of  Advanced Micro Devices, Inc AMD Positions India as a Key Hub for Semiconductor Investment

AMD is investing $400 million in India by 2028, with Bengaluru hosting its largest R&D center outside the US,…

Debi Prasad Dash - India Energy Storage Alliance (IESA) President IESA EV Fast Charging Summit: Need $30Billion Investment in EV Infrastructure

India’s EV sector requires an investment of $20-30 billion to boost charging infrastructure. The PM E-DRIVE Scheme,…

MB Patil - Karnataka’s Industries Minister Karnataka to Boost Semiconductor Industry with Strong Support and Incentives

Karnataka’s Industries Minister, MB Patil, has called on the Central Government to adopt a more inclusive approach to…

Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) Tata’s New Semiconductor Unit in Assam to Produce 48 Million Chips Daily

The Morigaon semiconductor plant by TSAT, with a Rs. 27000 crore investment, will produce 48 million chips daily,…

TSMC's Restriction on Advanced Chips Export to China US Directs TSMC to Suspend Advanced Chip Exports to China

The United States directs Taiwan Semiconductor Manufacturing Company (TSMC) to stop supplying its advanced 7-nanometer…

Drone City and Semiconductor Hub in Andhra Pradesh Andhra Pradesh Approves Policies for Drone and Semiconductor Development

The Andhra Pradesh Drone Policy aims to attract ₹1000 crore in investments, generate ₹3,000 crore in revenue and…

New Semiconductor Manufacturing Units in Uttar Pradesh UP Cabinet Approves Semiconductor Projects by HCL and Hiranandani Group Near Jewar

The semiconductor projects by HCL’s Vamasundari and Tarq Semiconductor will bring a combined investment of over ₹32,000 crore to Jewar, aiming to…

Hero Electronix Aims to Raise Approximately $150 Million Through Tessolve Stake Sale Hero Electronix Looks to Sell 30% Stake in Semiconductor Design and Engineering Company Tessolve

Hero Electronix is reportedly planning to sell a 25-30% stake in Tessolve, aiming to raise $120-150 million. This potential deal values Tessolve…

Nvidia Joins Dow Jones Industrial Average, Replacing Intel Nvidia Joins Dow Jones Industrial Average, Replacing Intel

Nvidia’s shares have surged over 170% in 2024, following a 240% jump last year, while Intel’s stock has declined by more than 50%, highlighting…