News

The traditional technology hubs in India, particularly around Bengaluru, located a twohour flight to the south, have positioned the country within the global semiconductor network through their chip design expertise. However, they haven t been involved in actual chip manufacturing.

Global electronics products rely heavily on passive components, accounting for about 48% of the components, and active components comprise the remaining 52%. The Confederation of Indian MSMEs in ESDM and IT (CIMEI) Director-General Jairaj Srinivas believes India can manufacture simple components such as transformers, capacitors, and transistors.

Shares of U.K. chip designer Arm Holdings rose 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years. The shares opened at $56.10 on the Nasdaq Thursday after having been priced at $51. The offering price gave Arm a market value of $54.5 billion.

British chip designer Arm valued at nearly $60 bn up 25% in Nasdaq debut British chip designing giant Arm, which was valued at almost $60 billion at the open, has jumped about 25 per cent during its first day of trading after selling shares at $51 a piece in its US initial public offering (IPO).

India Electronics and Semiconductor Association (IESA) announced that it has inked a Memorandum of Understanding (MoU) with Korea Display Industry Association (KDIA). This momentous agreement marks an extremely important collaboration of its kind between KDIA and an Indian industry body, solidifying their commitment to mutual growth and innovation in the display segment, the company said in a statement.

Shares of SoftBank Group’s chip designer Arm, another major IPO contender that listed on Thursday, rose 34% in premarket trading on Friday after notching a 25% gain on its first day of trading. September is gearing up to be one of the busiest spells for new listings in recent memory.

The South Korean chip startup Panmnesia has raised a seed round that values it at $81.4 million, the company has said. Panmnesia’s business is focused on developing intellectual property around a technology it calls Compute Express Link ( CXL ), which allows big data centre operators to pool devices such as AI accelerator chips, processors and memory.