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[ad_1] Billionaire Mukesh Ambani’s Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said. The telecoms-to-energy conglomerate, encouraged by the Indian government, has held early-stage talks with foreign chipmakers that have … Read more
[ad_1] Huawei Technologies is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned, Bloomberg News reported on Tuesday. The Chinese tech giant moved into chip production last year and is receiving an estimated $30 billion (roughly Rs. 248,800 crore) in state funding … Read more
[ad_1] A scramble among Arm Holdings’s clients, comprising the world’s biggest technology companies, to snap up shares in its initial public offering (IPO) is testing the semiconductor designer’s adherence to not picking sides in the chip industry. Customers of Arm that have held talks about taking a piece of the IPO include Apple, Amazon, Intel, … Read more
[ad_1] The US Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing people familiar with the matter. In May, Qualcomm had said it would acquire Israel’s Autotalks, a maker of chips used in crash-prevention technology in vehicles, but … Read more
[ad_1] Intel and Israeli contract chipmaker Tower Semiconductor’s proposed $5.4 billion (roughly Rs. 44,919 crore) deal has been mutually terminated as they were unable to get timely regulatory approvals, the companies said on Wednesday. Shares of the Israeli company fell about 9 percent in the United States as well as Tel Aviv. Intel, which had … Read more
[ad_1] Micron Technology Chief Sanjay Mehrotra called on Prime Minister Narendra Modi on Friday and discussed plans to bolster the semiconductor manufacturing ecosystem within India. The Micron Technology Chief met the Prime Minister in Gujarat’s Gandhinagar. He is in India to attend the three-day ‘SemiconIndia 2023‘ conference, which kicked off here on Friday. The conference, … Read more
[ad_1] US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by mid-August, according to people familiar with the internal deliberations. The order focuses on semiconductors, artificial intelligence and quantum computing. It won’t affect any existing investments and will only prohibit certain transactions. Other deals will … Read more
[ad_1] The ecosystem for semiconductor chips in India is for the “very brave”, Foxconn Chairman Young Liu said on Friday as he expressed optimism about the country’s semiconductor roadmap during the second edition of SemiconIndia in Gandhinagar. Earlier this month, Taiwan-based Foxconn, which also supplies for smartphone giant Apple, withdrew from a $19.5 billion (nearly … Read more