A case in point would be the major capex of over Rs100bn being undertaken by the semiconductor giant, Taiwan Semiconductor (TSMC). Would that be the case if not driven by a promoter Under a professional CEO and fragmented institutional ownership, the focus would have been far greater on buybacks and dividends and not a major capex.

Intel and Israeli contract chipmaker Tower Semiconductor s proposed Rs5.4 billion deal has been terminated mutually. The deal was terminated after the companies were unable to get timely regulatory approvals, the companies said.

Intel terminates plan to buy Tower Semiconductor Intel said on Wednesday it has terminated its plans to acquire Israeli contract chipmaker Tower Semiconductor as it was unable to get timely regulatory approvals for the Rs 5.4 billion deal.

Addressing the nation for the 10th time since 2014 from the ramparts of Red Fort on Independence Day, Prime Minister Narendra Modi said the democracy, demography and diversity of India were formidable strengths and the country is moving at a rapid pace toward becoming a developed nation by 2047.

Chip design tools maker Synopsys has signed a deal to bring its technical building blocks to the advanced contract manufacturing Intel offers, the companies said on Monday. The deal includes intellectual property owned by Synopsys that is used as offtheshelf components for chip designers aiming to speed the process.

India and Thailand have engaged in a full-fledged race for semiconductor manufacturing investment to win a spot on Asia’s chipmaking map, Nikkei Asia reported. As China and US are engaged in the chip war, India has come out as an alternative option and is also exploring every opportunity to be recognized as a major player in the supply chain.

He said that the country might see increasing semiconductor production, especially for smartphones, as India is attempting to bridge the urbanrural digital divide while also trying to become a mobile phone exporting powerhouse.

Foxconn Technology Group has finally joined titans Taiwan Semiconductor Manufacturing Co. and Apple Inc. in predicting a worsening outlook for the year as a rebound in demand for gadgets fails to materialize.

A Foxconn Technology Group plant in Sriperumbudur is preparing to deliver the newest devices only weeks after they start shipping from factories in China, Bloomberg News said. This is being done to narrow the gap between the operations in India and the manufacturing base in China.

Foxconn s warning aligns with the apprehensions expressed by major tech players such as Apple, Qualcomm , and Taiwan Semiconductor Manufacturing Co. ( TSMC ), who have all foreseen an extended downturn in the electronics sector following the pandemic.

San Jose-headquartered Cadence Design Systems is one such firm that provides the tools for semiconductor companies to design and build chips. In other words, Cadence is what powers the chips that are used by us in our everyday lives.