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Hsinchu, Taiwan August 2, 2023 Vertexcom Technologies Inc., a worldclass smart charging communication chip design company, observes the recent discussion and voting on V2G (VehicletoGrid) mandate in the state of California. The mandate, introduced by Senate Bill 233, would require all new electric vehicles sold in California to be bidirectional capable by 2030. The goal of the legislation is to meet the state s clean energy and pollution reduction objectives.

Bosch, Infineon Technologies, Nordic Semiconductor, NXP Semiconductors and Qualcomm Technologies to jointly invest in a company aimed at advancing the adoption of RISCV globally by enabling nextgeneration hardware development. Semiconductor industry majors Robert Bosch, Infineon Technologies, Nordic Semiconductor, NXP Semiconductors and Qualcomm Technologies, have come together to jointly invest in a company aimed at advancing the adoption of RISCV (reduced instruction set computer) globally by enabling nextgeneration hardware development.

India s journey in making semiconductors known as chips in the electronic industry parlance is best described in two eras. One is the period of the early 1980s when New Delhi was two years behind the global technology curve. The second is unfolding now, post-pandemic, or specifically, post 2021.

Describing the new IT policy, he said, This policy has three major components. Firstly, the draft policy includes provisions for developing worldclass IT infrastructure by providing special provisions for CAPEX support to infrastructure developers. The policy has given special attention to the Electronic System Design and Manufacturing (ESDM) sector and supported them by increasing capital subsidy capping.

India needs an efficient, world class and strong semiconductor industry at the earliest. We must do all it takes to give birth to this industry and nurture it to its fullest growth potential. As the information technology industry has shown, the government needs a ‘light touch’ governance paradigm to achieve the larger strategic goals for the nation in developing a semiconductor industry.

The Semiconductor Industry Association (SIA) revealed that the global semiconductor sales for the second quarter of 2023 reached $124.5 billion, showing a notable 4.7 percent increase compared to the previous quarter. While this indicates a positive trend for the industry, it also signifies a 17.3 percent decline when compared to the second quarter of 2022, SIA said in its report.

Positive about India s semiconductor approach: Applied Materials The comment assumes significance as India is wooing semiconductor and display manufacturers with $10 billion incentive scheme, making a determined push to position itself as a global powerhouse for electronics production. See More Details.