He said the break-up of the Vedanta and Foxconn joint venture to set up a fab in India is “not a blow to India’s semiconductor ambitions,” since there will now be two proposals instead of one. In December 2021, the Ministry of Electronics and IT (MeitY) had announced a Rs10 billion semiconductor manufacturing plan.

Media OutReach 20 July 2023 Silicon Box, a Singaporebased cuttingedge semiconductor integration startup, launched its USD 2 billion advanced semiconductor manufacturing foundry to revolutionise the chip manufacturing sector, develop local capabilities, and boost Singapore s position as a global hub for semiconductor manufacturing.

After multiple rounds of discussions between the Indian and Japanese government, the two nations have signed a Memorandum of Cooperation (MoC) to build a resilient semiconductor ecosystem. The MoC signed between India and Japan will cover semiconductor development, manufacturing, research, design and talent development.

After announcing a partnership on critical and emerging technology with the US, the government on Thursday signed a memorandum of cooperation with Japan for semiconductor design, manufacturing, equipment research, talent development, and bringing resilience to the semiconductor supply chain.

India is likely to announce a 40 nm semiconductor fabrication unit under the modified semiconductor investment scheme, along with multiple compound fab proposals. The Minister of State for Electronics and IT, Rajeev Chandrasekhar stated this, while also informing that the rollout from the fab will be within two to three years of the announcement.

India and Japan have signed a memorandum of cooperation to work together in semiconductor design, manufacturing, research as well as development of talent and strengthening of the chip supply chain, Union minister for electronics and information technology Ashwini Vaishnaw said.

India and Japan have signed a memorandum of cooperation to work together in semiconductor design, manufacturing, research as well as development of talent and strengthening of the chip supply chain, Union minister for electronics and information technology Ashwini Vaishnaw said.

FII officials could not immediately be reached for comment. FII is a subsidiary of Foxconn, the world’s largest contract manufacturer for Apple. Foxconn recently decided to exit a proposed venture with Vedanta that would have brought chipmaking to India, potentially lowering New Delhi’s dependence on northeast Asian semiconductor supplies.

ASML, which produces the lithography equipment that makes semiconductors, said turnover reached 6.9 billion euros (Rs7.8 billion) in the April-to-June period, up from 6.7 billion euros in the first three months of the year.

AI will be the “defining mega-trend” for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world’s semiconductors powering the technology is produced.