Semiconductor

Intel is close to buying Israeli firm Tower Semiconductor for about $6 billion (roughly Rs. 45,275 crore), a source familiar with the matter said, as the US company looks to advance its strategy of contract manufacturing chips for other businesses.A deal could be unveiled as soon as this week, the person said on Monday, declining to be named as the matter was private.The potential purchase would deepen Intel's presence in a space dominated by Taiwan-based TSMC, the world's largest contract chipmaker. It also comes at time…

The government's roadmap for the semiconductor sector entails big investments due to geopolitical circumstances but it is giving equal importance to design and innovation, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday.Speaking at 35th International VLSI and Embedded Systems Conference, Chandrasekhar said India's performance during the COVID-19 pandemic has placed the country among experts in the technology space."Our ambitions specifically in the semiconductor space are very clear. Our…

Making a pitch for self-reliance in semiconductor, Prime Minister Narendra Modi on Thursday stressed on 'Make in India' initiative, calling for sustainable and qualitative manufacturing in the country.Virtually addressing a post-budget Department for Promotion of Industry and Internal Trade (DPIIT) webinar on 'Make in India for the World', the Prime Minister said, "We need to give focus on 'Make in India', need to manufacture sustainable and qualitative products. We have to become self-reliant in production of…

The ongoing Russia-Ukraine military conflict and the geopolitical and economic uncertainties are likely to further worsen the global semi-conductor shortage, Moody's Analytics said in a report on Friday.COVID-19 pandemic has caused shipping costs to skyrocket over 300 percent and will continue to be high due to the scarcity of new containers.According to Moody's Analytics analysis, Palladium and neon are two resources that are key to the production of semiconductor chips, and given that Russia supplies over 40 percent of…

Ukraine's two leading suppliers of neon, which produce about half the world's supply of the key ingredient for making chips, have halted their operations as Moscow has sharpened its attack on the country, threatening to raise prices and aggravate the semiconductor shortage.Some 45 percent to 54 percent of the world's semiconductor grade neon, critical for the lasers used to make chips, comes from two Ukrainian companies, Ingas and Cryoin, according to Reuters calculations based on figures from the companies and market…

Some 45 percent to 54 percent of the world's semiconductor-grade neon, critical for the lasers used to make chips, comes from two Ukrainian companies, Ingas and Cryoin, according to Reuters calculations based on figures from the companies and market research firm Techcet. Global neon consumption for chip production reached about 540 metric tons last year, Techcet estimates.Both firms have shuttered their operations, according to company representatives contacted by Reuters, as Russian troops have escalated their attacks…

Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion (roughly Rs. 6,70,187 crore) investment drive across Europe, which is striving to cut its reliance on imports and ease a supply crunch for manufacturers.The plan is the latest big investment announcement by a major semiconductor maker as the industry tries to catch up with a boom in demand for chips used in everything from smartphones to cars, though there will be no quick fix as the new German plants won't…

The US has proposed forging a semiconductor industry alliance between the United States, Taiwan, South Korea, and Japan in a move to prevent China from gaining dominance over the strategic sector. However, South Korea is not fully on board with the idea proposed by America, Taiwan News reported citing Business Korea."Cooperation with the United States is the top priority of course, and yet the biggest market (China) is also of paramount importance," Taiwan reported citing Business Korea's sources.The South Korean…