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Foxconn, STMicroelectronics collaborate for Semiconductor Factory in India

By collaborating with STMicro, Foxconn, a contract manufacturer, is leveraging the expertise of a semiconductor industry pioneer to expand its presence in the highly competitive but challenging semiconductor sector.Read more

India's IT hardware PLI Scheme sees strong industry interest

The government anticipates a cumulative investment of Rs 5,010 crore from the pool of 40 applicants, which includes prominent global IT hardware firms like Dell and HP participating directly in the revised production-linked incentive scheme.Read more

Foxconn to build new electronics facility in Tamil Nadu, signs deal with govt

A substantial portion of this funding, totalling $350 million, will be channelled into the establishment of an iPhone component manufacturing unit.Read more

India's chip-making prospects unfazed as AMD and Vedanta Forge Ahead

It was revealed that the first phase of Vedanta's chip-making project would be completed within two-and-a-half years.Read more

Chips are up!

Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more

US-India trade: Set for a Reset

During Prime Minister Narendra Modi’s recent visit to the US many new initiatives were announced by the two countries.Read more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

Vedanta appoints 34-yr industry veteran for semiconductor business in India

Mike Young is appointed as Senior Vice President, Project Management Office and Manufacturing Operations for Vedanta-Foxconn Semiconductors Limited. Mike is the former CEO of SSMC and X-Fab Sarawak.Read more

Vedanta-Foxconn JV to set up Rs 1.5 trn semiconductor plant in Gujarat

The proposed semiconductor manufacturing fab unit will operate on the 28nm technology nodes and the display manufacturing unit will produce Generation 8 displays catering to small, medium and large applications.Read more

Vedanta and Foxconn ink pact for manufacturing semiconductors in India

Vedanta Group and Hon Hai Technology Group, world’s largest electronics manufacturing company, has signed an MoU to form a joint venture company that will manufacture semiconductors in India.Read more

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