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north korea south korea chip spy: North Korea broke into South Korean chip equipment firms: Seoul’s spy agency

North Korea's hacking groups have broken into at least two South Korean manufacturers of chipmaking equipment, as the country looks to evade sanctions and turn out its own semiconductors for weapons programmes, South Korea's spy agency said on Monday.The news comes after South Korean President Yoon Suk Yeol warned North Korea could stage provocations, such as cyber attacks or spreading fake news, to interfere in April's parliamentary elections.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

chip manufacturing: India comes full circuit: Global tech giants set sights on the country for electronics production

Have you ever thought about how much goes into making the smartphone that is your window to the world? Here’s some food for thought: As per a report by the White House, a semiconductor chip, that is used within the Bluetooth and Wi-Fi component of your phone, could’ve crossed international borders as many as 70 times before it reached you. And this entire process can take up to 100 days, 12 of which are spent in transit between various supply chain steps. And this is just one tiny component that makes up the lifeline of…

AI chip startup Groq forms new business unit, acquires Definitive Intelligence

Groq, a startup developing chips to run generative AI models faster than conventional hardware, has an eye toward the enterprise — and public sector. Today, Groq announced that it’s forming a new division — Groq Systems — focused on greatly expanding its customer and developer ecosystem. Within Groq Systems’ purview is serving organizations, including government agencies, that wish to add Groq’s chips to existing data centers or build new data centers using Groq processors. In forming the new…

Meta looks to Samsung for reducing its chip dependence on TSMC

Meta is heavily invested in artificial intelligence and extended reality. As such, the company is in need of advanced chips, and there are only a handful of companies in the world that can produce these chips. TSMC is one of the leading producers which is why all tech companies flock to it, but Samsung's also carving a niche for itself in this market. Since companies like to dual-source for supply chain diversification and reduction of procurement costs, Samsung becomes a valuable second option for those looking to…

Most payment firms falling short on KYC; Cabinet approves Tata chip unit

Despite the regulator’s insistence on adhering to prescribed norms, many payment firms seem to be lax in conducting bank-grade KYCs. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ IAMAI task force to take on Big Tech■ ETtech Done Deals■ SoftBank sells Paytm stake On KYC compliance front, payment aggregators may be second to some At a time when the central bank and the Union government are pushing regulated entities to adopt stringent KYC (know your customer) norms to check fraud, many large payment…

Tata chip unit gets Cabinet nod; Sridhar Ramaswamy named Snowflake CEO

Tata's proposed semiconductor chip fabrication unit in Gujarat’s Dholera is among three facilities that received Cabinet approval on Thursday. This and more in today’s ETtech Top 5.Also in this letter:■ SoftBank sells 2% stake in Paytm■ Opinion: RBI and the fintech fallacy■ Zepto launches membership programmeCabinet approves Tata Electronics’ semiconductor fabrication unit Tata Electronics’ proposal to set up a semiconductor chip fabrication unit in India received a nod from the Union…

AI opportunity: Intel sees AI opportunity for standalone programmable chip unit

Artificial intelligence offers a growing and potentially lucrative opportunity for Intel's freshly standalone programmable chip unit, its CEO Sandra Rivera said.Intel's programmable chip unit began operating as a standalone business at the beginning of the year, and on Thursday outlined its plans for the future and its official name: "Altera, an Intel company." Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIT DelhiIITD…

Cabinet greenlights Tata Group’s chip fab unit in Gujarat; first semicon plant in northeast approved, ET Auto

This will be the first investment in a semiconductor packaging plant worth nearly INR 21,000 crore by the Assam government. It will be built jointly by the state government and Tata Group.The Cabinet on Thursday approved Tata's semiconductor chip fabrication unit in Gujarat with an outlay of nearly INR 50,000 crore, said Union Minister Ashwini Vaishnaw. Tata Sons chairman N Chandrasekaran had last year said that the conglomerate will announce its semiconductor chip fab

India okays $15 billion of milestone chip plant investments, including that of Tata Group

India's government has approved $15.2 billion worth of investments in semiconductor fabrication plants, including a Tata Group proposal to build the country's first major chipmaking facility.Prime Minister Narendra Modi's cabinet approved Tata's plan to build an $11 billion site that can fabricate about 50,000 wafers per month, technology minister Ashwini Vaishnaw told reporters in New Delhi Thursday. The government also cleared Tata's separate proposal for a $3 billion-plus chip assembly plant, and a packaging venture…

Game Changer for Mobile Video with Sony Imaging Chip

TECNO isn’t done with MWC Barcelona announcements this week. Today, it announced its new PolarAce Imaging System, which it built with Sony’s own imaging chipset. It will debut on the CAMON 30 Premier 5G, which is set to debut in the second quarter of 2024. The company claims that this new imaging system is “bringing a new pinnacle of mobile video imaging to users around the world.” “Our commitment and goal has always been to deliver the best mobile imaging experience to TECNO users around the world to meet diverse…