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HCL inching close to chip unit in Karnataka, investment estimated at USD 400 mn, ET Auto

If the discussions prove successful, HCL will join the ranks of Micron, Tata Group, Murugappa Group and Kaynes Technology, which have all recently entered the chip OSAT and ATMP space.The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. The facility will be "small-to-medium sized" with an estimated investment of

Foxconn Abandons India Chip Venture With Vedanta

The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content…

BYD Auto pips Tesla to become top-selling EV brand globally

A new report said that global passenger electric vehicle (EV) sales grew 61 percent (on-year) to reach 2.18 million units in the second quarter of this year, as for the first time, China's BYD Auto became the top-selling EV brand, dethroning Elon Musk's Tesla.During Q2, BYD Auto shipped more than 354,000 EV units, an increase of 266 percent YoY. Tesla's global sales grew 27 percent YoY to over 254,000 units, falling short of expectations. Although business in the US increased, Tesla's China business was affected by the…

India’s semiconductor component market to reach $300 billion by 2026

India's semiconductor component market is likel to reach $300 billion in cumulative revenues by 2026, as 'Make in India' and production-linked incentive (PLI) schemes will boost local sourcing of semi-components in the coming years, a new report said.Mobile and wearables, IT and industrial segments currently contribute around 80 per cent of the semiconductor revenues in the country in 2021.Further policy reforms and building of a semiconductor ecosystem will reduce reliance on imports going forward, according to the…

Qualcomm leads global cellular market with 42% share in IoT module chipset market

Global cellular IoT module chipset shipments grew 35% (on-year) in the first quarter this year, and Qualcomm led the market with 42% share and 30% growth across nine out of the 10 key regions globally, a new report has said.China was the key region for cellular IoT module chipset consumption during the quarter, reports Counterpoint Research.PC, router/CPE and industrial were the top three applications for 5G."Qualcomm, Unisoc and ASR held the top three positions in the global cellular IoT module chipset market in Q1 2022,…