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Pro-faceo is revolutionising the concept of HMI with Futuristic Products
Pro-face is a pioneer in Human-Machine Interfaces (HMI) Technology providing a range of cutting-edge products bridging the gap between Humans and Machines. It was founded in 1972 in Japan as a subsidiary of Digital Electronics Corporation.Read more
Samsung receives Rs 500 cr incentives under PLI Scheme for increased production
The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more
EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more
Tata Electronics plans over Rs 500 Cr loan for Hosur Expansion
The inaugural phase (referred to as 1A) of its manufacturing facility commenced operations in December 2022, with a total project cost of Rs 4,225 crore, funded in a 70:30 debt-equity ratio.Read more
Reliance Industries explores entry into Semiconductor Manufacturing
At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more
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
Acer India's vision for PLI 2.0: Strengthening local electronics manufacturing
The PLI 2.0 initiative aspires to elevate India's domestic manufacturing landscape, particularly in the electronics sector.Read more
BEL and Israel's IAI join forces for Indian Defense Advancement
This partnership between BEL and IAI is not a recent development; it stems from a long-standing history of collaboration between the two entities.Read more
Corning chooses Telangana for revolutionary gorilla glass facility
With a rich legacy spanning over 172 years, Corning Inc. is renowned for its expertise in glass science, ceramics science, and optical physics. This venture is expected to create employment opportunities for more than 800 individuals.Read more
STMicroelectronics supplies SiC technology to BorgWarner for Volvo Cars EVs
BorgWarner will use the SiC dice in their traction inverter platforms for several current and future Volvo Car BEVs. ST to supply Silicon Carbide (SiC) power MOSFETs for BorgWarner’s Viper power module to support Volvo Cars’ journey towards being fully electric by 2030.Read more