Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the company s second quarter earnings call on Friday said that the company s Indian arm has achieved the turnover of close to USD 10 billion on an annual basis and there is a lot of investment potential in India.

The government now intends to capitalise on its various schemes to make India a semiconductor manufacturing and export hub, he adds. Going forward, we may see increasing production, especially for smartphones, as India gears to bridge the urbanrural digital divide and also become a mobile phone exporting powerhouse, he says.

In an exclusive interaction, Mark Papermaster, executive vice president (EVP) and chief technology officer (CTO) of AMD, talks to Jatin Grover about the importance of India for chip design, the upcoming design centre, plans on sourcing talent, product innovations, etc.

Keeping in view the high demand for semiconductors by various industries and majorly in the electronic industry, the Indian government has been working to set up semiconductor fabrications in the country.

Japan’s Nikkei share average closed higher on Tuesday, tracking Wall Street’s firm finish overnight, as investors scooped up stocks after sharp losses in the previous session, with chip-related shares leading the gains.

Sahasra is currently part of the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), under which it is eligible for a 25 per cent financial incentive on capital expenditure.

A littleknown metal called gallium has been making headlines since China announced that it was imposing restrictions on its export in retaliation for US export bans on certain semiconductor technologies to China.

Semiconductor chip design tool manufacturer Synopsys and tech giant Intel have revealed their joint effort to enhance their intellectual property (IP) and electronic design automation (EDA) partnership.

Semiconductor executives have gathered in Gandhinagar, Gujarat at SemiconIndia 2023 where India is making considerable efforts to pitch its comparative advantages to the industry as a reliable partner in the semiconductor supply chain.

To revive the U.S. chip industry, the Biden administration has launched one of the most significant acts of government intervention since World War IIand it is relying on masters of the free market to deliver thegoods.