semiconductor

Apple Supplier Foxconn to Apply for Chipmaking Incentives in India After Pulling Out of $19.5 Billion Vedanta JV

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[ad_1] Taiwan’s Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion (roughly Rs. 1,60,600 crore) chipmaking joint venture. “Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem,” … Read more

Vedanta Assures Investors Are Lined Up as Foxconn Withdraws From $19 Billion Deal

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[ad_1] Taiwan’s Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal’s Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars.  In a statement, Foxconn, the world’s largest contract electronics maker, said it “has determined it will not move … Read more

TSMC Says Its IT Hardware Supplier Targetted in Cyberattack

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[ad_1] Taiwan Semiconductor Manufacturing said on Friday that a cybersecurity incident involving one of its IT hardware suppliers has led to the leak of the vendor’s company data. “TSMC has recently been aware that one of our IT hardware suppliers experienced a cybersecurity incident which led to the leak of information pertinent to server initial … Read more

India is Next Key Location for Semiconductor Manufacturers: Ashwini Vaishnaw | Technology News

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[ad_1] Union Minister Ashwini Vaishnaw on Monday said current Central Government has succeeded in attracting investments in emerging technology, and stated that India is the next important location for semiconductor manufacturers. Congress has attempted to do so since the 1980s but was not successful.  During Prime Minister Narendra Modi’s State visit to the US last week, Micron Technology announced a massive India-specific investment plan. On Thursday, hours after PM Modi met Micron CEO Sanjay Mehrotra … Read more

Micron Said to Make $1 Billion Investment in India Chip Packaging Plant

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[ad_1] Micron Technology is close to an agreement to commit at least $1 billion (roughly Rs. 8,200 crore) toward setting up a semiconductor packaging factory in India, according to people with knowledge of the matter, a move to further diversify its geographic footprint at a time of US tensions with China. An announcement could be made … Read more

Micron Expects Hit on Revenue in Quarterly Results Amid Ban in China

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[ad_1] US-based Micron Technology on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries marked the latest in the Sino-American trade spat. China’s cyberspace regulator said late on Sunday that Micron, the biggest US memory chipmaker, … Read more