MALAYSIA SEMICONDUCTOR INDUSTRY INVESTMENT
Uttar Pradesh receives proposals worth Rs 40,000 crore under new semiconductor policy The Uttar Pradesh government said it has received project proposals worth over Rs 40,000 crore under its new scheme to incentivise semiconductor manufacturing. It also aims to rope in global investors.
05 Jul, 2024, 07.27 PM ISTTo address talent shortage, chipmakers skilling engineering students Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core desi...
20 Jun, 2024, 07.12 AM ISTKarnataka ready to offer 20% subsidy for semiconductor investments, says minister, seeks Centre's support Karnataka is prepared to offer 20% subsidy support for investments in semiconductor projects if the Centre provides 50% equity support, as stated by state's industry & infrastructure minister MB Patil.
19 Jun, 2024, 05.49 PM IST- ADVERTISEMENT
Karnataka seeks Centre's support for semiconductor investments akin to Gujarat Industries & Infrastructure Minister MB Patil seeks support for semiconductor investments in Karnataka similar to the support received by Micron Technology in Gujarat under the Indian Semiconductor Mission. Micron is investing $2.75 billion in an AT...
18 Jun, 2024, 07.09 PM ISTIndia, US agree to step up cooperation on semiconductors, critical minerals India and the US have deepened their cooperation on supply chain, semiconductors, and critical minerals during the iCET meeting in New Delhi. They launched a new strategic semiconductor partnership to co-develop processes for precision-guided ammuni...
18 Jun, 2024, 01.40 PM ISTKumaraswamy clarifies remarks over job creation, says semiconductor industry strategic for India Union Minister HD Kumaraswamy clarified he was misquoted about remarks on US semiconductor firm Micron, stressing the importance of the semiconductor industry for electronics and automobile manufacturing. He expressed appreciation for @PMOIndia's in...
15 Jun, 2024, 01.33 PM ISTPLI scheme to attract Rs 3-4 lakh cr investments over 4 yrs; pvt sector capex may accelerate: Icra Production-Linked Incentive (PLI) scheme is projected to draw investments worth Rs 3-4 lakh crore over four years, creating 2 lakh jobs. Icra Executive VP K Ravichandran foresees private sector capex growth in sectors like oil, gas, metals, healthca...
12 Jun, 2024, 04.43 PM ISTByteDance plans $2.1 billion investment in Malaysia for AI, minister says As part of the deal, the latest in a number of global tech companies expanding into Southeast Asia, ByteDance will also expand its data centre facilities in Malaysia's Johor state through an additional 1.5 billion ringgit investment, Investment, Tra...
07 Jun, 2024, 08.45 PM ISTS&P 500, Nasdaq close at record highs as data supports Fed easing S&P 500 and Nasdaq hit record highs on Wednesday fueled by tech stocks amid expectations of Fed's easing cycle, impacting various sectors and economic indicators.
06 Jun, 2024, 07.39 AM ISTHow China rose to lead the world in cars and solar panels Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere
04 Jun, 2024, 12.15 PM ISTGoogle to invest $2 billion in data centre and cloud services in Malaysia Google announces $2 billion investment in Malaysia for its first data centre and cloud region, supporting the country's digital ambitions and AI capabilities to enhance local industry and global competitiveness.
30 May, 2024, 09.18 AM ISTMalaysia targets over $100 billion in semiconductor industry investment Malaysia aims for $107 billion investment in its semiconductor industry, led by Prime Minister Anwar Ibrahim, targeting design, packaging, and manufacturing. The country is a key player globally, attracting major investments from firms like Intel an...
28 May, 2024, 01.41 PM ISTTo woo local chip makers, China sets up $47.5-billion fund The third phase of National Integrated Circuit Industry Investment Fund has amassed 344 billion yuan ($47.5 billion) from the central government and various state-owned banks and enterprises, including Industrial & Commercial Bank of China Ltd, acco...
28 May, 2024, 12.32 AM ISTElectronics companies seek Rs 35,000-crore incentive plan for components "The incentive scheme is needed to support growing demand for electronics components to the tune of $75-$80 billion by 2026, and $300 billion by 2032 to support $300 billion worth of electronics products manufacturing by 2026 and $1.2 trillion by 20...
27 May, 2024, 12.35 AM ISTIndia’s electronic manufacturing service industry is humming — now to stick to the flight path India's competitiveness will depend on continuing reforms, de-bureaucratisation, contract enforcement, effective dispute resolution mechanisms, last-mile facilitation, building of sectoral ecosystems, and governance law and order stability.
22 May, 2024, 10.56 PM ISTExpecting good response from many companies on EV policy: DPIIT Secy India expects positive responses from automobile companies on its electric-vehicle policy to attract global players like Tesla through tariff tweaks. The government aims to encourage manufacturers to establish bases in India without incurring costs....
18 May, 2024, 11.36 PM ISTTaiwan is selling more to the US than China in major shift away from Beijing Taiwan is shifting its focus away from China, the world's second-largest economy, and towards the United States. The world's largest computer chip maker, TSMC, announced bigger investments in the U.S. last month after a boost from the Biden administ...
17 May, 2024, 10.44 AM ISTZoho plans $700 million foray into chipmaking Indian software giant Zoho is considering a $700 million investment in chip manufacturing, focusing on compound semiconductors for specialized applications. The proposal, under review by India's IT ministry, aligns with the country's semiconductor a...
16 May, 2024, 03.30 PM ISTGlobal chips battle intensifies with $81 billion subsidy surge The concern over China’s rapid advances in key electronics turned into a full-scale panic during the pandemic because chip shortages emphasised the significance of these tiny devices for economic security.
13 May, 2024, 09.59 AM ISTSouth Korea prepares support package worth over $7 billion for chip industry Finance Minister Choi Sang-mok said the government would soon announce details of the package, which targets chip materials, equipment makers, and fabless companies throughout the semiconductor supply chain.
12 May, 2024, 04.41 PM IST