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Thursday, March 28, 2024
TopicChip manufacturing

Topic: chip manufacturing

Foxconn to apply for chipmaking incentives after quitting $19.5 bn joint venture with Vedanta

Explaining its breakup with Vedanta, Foxconn said Tuesday ‘there was recognition from both sides that the project was not moving fast enough’ and there were other ‘challenging gaps.’

EU will deepen cooperation with Japan on semiconductors, says EU Commissioner Breton

The EU will also be supportive of Japanese semiconductor companies considering operating there, including through access to subsidies.

Major setback for PM Modi’s chipmaking ambitions as firms struggle to find tech partners

Second mega $19.5 bn plan to build chips locally by joint venture of Vedanta-Foxconn also moves at slow pace as their talks to rope in STMicroelectronics as partner are deadlocked

South Korea asks US to review China rule for chip subsidies

A leading chipmaker, South Korea asked the US to review the rule that prevents recipients of US funding from building new facilities in such countries, beyond 5% of existing capacity.

Ahead of G7 meet in Hiroshima, Japan PM welcomes more investment from global chipmakers

Fumio Kishida said he welcomed and expected more investment from global chipmakers in Japan, which is striving to revive its chip sector, after meeting top executives on Thursday.

India to reopen process for $10 billion in chip incentives, reports Bloomberg News

India is keeping the process open-ended, doing away with a previous 45-day requirement to submit applications, the report said.

‘Restrictions noticeable, but not devastating’: US chip export rules ‘barely slowed’ China’s AI industry

Part of the US strategy in setting the rules was to avoid such a shock that the Chinese would ditch American chips altogether and redouble their own chip-development efforts.

US urges South Korea not to fill chip shortfalls in China if Micron banned, says FT report

The news comes ahead of South Korean President Yoon Suk Yeol's visit to the US on Monday for a summit with President Joe Biden.

Dissatisfied with Japan’s export restrictions on chip manufacturing equipment, says China

Japan said that it would restrict exports of 23 types of semiconductor manufacturing equipment, aligning its tech trade controls with a US push to curb China's ability to make advanced chips.

Japan to restrict chipmaking equipment exports as it aligns with US-China curbs

Japan, home to major global chip equipment makers, did not specify China as the target of the measures, saying equipment makers would need to seek export permission for all regions.

On Camera

Social media has made news more graphic. Torture by Russian military is latest example

Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.