The semiconductor industry has come under pressure as global economic woes dent demand for chips used in everything from cars to cellphones UMC s bigger Taiwanese rival TSMC , the world’s largest contract chipmaker, last week forecast a drop of around 10% in 2023 sales and flagged investment spending at the low end of estimates.

Top leadership from Industry, Governments, Academia, and R&D institutions shall be leveraging this platform to reflect and usher on key aspects including Ease of Doing Business, building trusted value chains, growth drivers, innovation and startups, and talent pipeline.

Building on the success of SemiconIndia 2022, India Semiconductor Mission, an independent business division of the Digital India Corporation is all set to organise its flagship SemiconIndia 2023 at the Mahatma Mandir, Gandhinagar from July 28 July 30, 2023.

The semiconductors and electronics sector will play a significant role in India’s ‘Techade’, Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar said on Monday.

Panama’s inclusion as a partner under the US Chips Act will allow chip-makers to nearshore packaging and distribution in Panama, a regional logistics hub, and protect supply chains from disruptions in Asia, Panama’s Minister of Trade and Industry Federico Alfaro Boyd said.

NXP Semiconductors Chief Executive Officer Kurt Sievers said that China s slumping smartphone market remains far from a rebound but that one major nonAndroid customer s chip orders are still comparing well with historical trends.

The agreement hands the partners more freedom to pursue other projects. Renault is pooling its legacy combustionengine assets with China s Zhejiang Geely Holding Co. and is working with Qualcomm Inc. on semiconductors.

The HBM3 Gen2 memory boasts remarkable features, including bandwidth greater than 1.2TB/s and pin speed over 9.2Gb/s, representing a staggering 50 percent improvement over currently available HBM3 solutions.

Odisha Govt delegation held a meeting at Stanford University and interacted with the distinguished professor and founder of Rambus Inc, Dr. Mark Horowitz. The delegation briefed him on Odisha s OChip programme under which infra, design, and training support will be provided to companies and startups.

Japan’s Advantest Corp said on Wednesday it expects growing use of highend semiconductors for generative artificial intelligence applications to drive demand for its chip testing machines. We can expect rapid growth in demand.

Traditional electronic manufacturing markets are in Karnataka, Tamil Nadu, Uttar Pradesh but Gujarat, out of the blue, became an epicentre and is set to develop an ecosystem, Union IT MoS Rajeev Chandrashekar said.

Union IT minister Rajeev Chandrasekhar on Tuesday said Gujarat is becoming the epicentre of semiconductor innovation. According to him, Gujarat is leapfrogging other states to build the semiconductor ecosystem. He was in Gandhinagar at inaugural ceremony of the fiveday exhibition organised as part of Semicon India 2023.

Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in Prime Minister Narendra Modi s home state, as the government tries to lure investments into India s nascent chip industry.

Semiconductors are the life blood of modern electronics, and their demand is increasing exponentially. India, a large consumer of electronics, is importing almost all its semiconductor needs to the tune of Rs24 billion a year (demand is expected to touch Rs110 billion by 2030).

Highlevel executives from Foxconn, Micron, and AMD are gathering this week in the home state of Indian Prime Minister Narendra Modi for a conference aimed at attracting investments into India’s emerging chip industry.