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Israel's Tower Semiconductor proposes $8 bn chip plant in India
The company aims to produce 65 nanometre and 40 nanometre chips, applicable in various sectors such as automotive and wearable electronics.Read more
Govt set to extend 15% tax rate for new manufacturing units until 2025
This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more
Foxconn partners with HCL Group for Chip Venture in India
This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more
Apple explores diversified manufacturing in India, discusses partnerships beyond China
Presently, Tata Electronics stands as Apple's sole vendor in India, with plans to double its casing facility.Read more
InCore Semiconductors: India's Thriving Hub for RISC-V Chip Design Revolution
CEO G S Madhusudan of the Chennai-based startup InCore Semiconductors envisions India as the focal point for RISC-V chip design.Read more
Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility
The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more
Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1
The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more
Tata plans massive iPhone assembly plant in India
The conglomerate already owns an iPhone manufacturing facility, acquired from Wistron Corp, in Karnataka.Read more
CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
India approves 27 firms for in IT Hardware Manufacturing Boost
Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more