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SEMICONDUCTOR BUSINESS
Global Market: Sony Q1 profit jumps 32%, earthquake impact yet to be assessedSony Group reported a 32% year-on-year rise in first-quarter profit, driven by strong performances in its music, gaming and imaging busines...
PM Modi to launch Rs 17,900-crore projects in Andhra, inaugurate Vivekananda centre in MysuruPrime Minister Modi will inaugurate projects worth over Rs 17,900 crore, including a new airport passenger terminal in Andhra Pradesh. A se...
Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
If CrAIze slows, India can play catch-upWall Street banks are now creating AI bonds as a solution to manage credit risk, reflecting investor worries over extensive borrowing for A...
Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
RIR Power Electronics ignites India's SiC revolution after successful NSE debutRIR Power Electronics debuted on the NSE, enhancing its market presence. The company is significantly investing in Silicon Carbide manufact...
Samsung sees chip shortage extending to 2028, touts long-term supply dealsSamsung Electronics announced a significant chip profit increase and new supply agreements. The company expects global chip shortages to wo...
India's electronics, semiconductor production target to unlock major manufacturing opportunities: DPIIT SecyAs India is targeting a sharp expansion in electronics and semiconductor manufacturing, with annual production target of USD 500 billion by...
Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
AI race redraws Asian air cargo, replacing ecommerce as growth engineGlobal air cargo networks are shifting towards AI chip manufacturing hubs. Cross-border ecommerce shipments are declining due to new import...
India's AI boom is rewarding engineers more than codersIndia's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing ...
Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
South Korea’s Kospi tanks 10% despite US-Iran war optimism. Here are 4 reasons whySouth Korea's Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled ...
Krutrim trims staff again, this time by another halfThe fresh job cuts come just months after ET reported on May 6 that the Bhavish Aggarwal-led startup had abandoned much of its original ful...
Kaynes Semicon plots massive leap into full chip value chainKaynes Semicon plans to pursue these areas through joint ventures and technology partnerships rather than developing the technologies indep...
ET Exclusive: Tata Sons reported a 22% increase in annual profit for the year ended March 26Tata Sons reported a 22% rise in FY26 standalone profit to ₹31,961 crore, driven by investment gains and stronger portfolio earnings. Chair...
Global Market: China stocks rise as CXMT's blockbuster debut lifts market sentimentChinese stocks recovered on Monday after a strong debut by memory chipmaker CXMT Corp. The benchmark CSI300 Index and Shanghai Composite In...
Bengaluru Tech Summit plans dedicated electronics, semiconductor track for 2026 editionThe state announced the initiative at an event where chief minister DK Shivakumar unveiled the theme of the 29th edition of the summit: "AI...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...