- Fab policy to encourage chip manufacturing has not hit target
The government’s fab policy, intended to encourage chip manufacturing in India, has not quite hit its target.
- SemIndia in talks with US funds to raise $100 mn
A clutch of Wall Street hedge funds and the treasury department of a Middle East royal family are among potential investors eyeing a stake ...
- SemIndia to apply for govt incentives within month
SemIndia, a consortium of non-resident Indian entrepreneurs and venture capitalists, today said it will apply for government incentives wit...
- Israel's Tower eyes tech transfer deals with SemIndia, HSMC
Tower Semiconductor, the second largest fab company in Israel, has zoomed in on India to transfer technology in chip making and provide spe...
- Hindustan Semiconductor plans $2 bn fab in Andhra Pradesh
After bagging the $3-billion SemIndia project, the state is poised to garner another big-ticket investment of over $2 billion in the semico...
- Semindia to launch low-cost media player
Semindia, the consortium behind India’s first fab facility, is drawing up plans to launch a low-cost media player through its design and pr...
- MW Zander to design SemIndia ATMP
MW Zander, one of the world’s largest builders of hi-tech buildings and industrial plants, is all set to give shape to India’s semiconducto...
- Industry welcomes semiconductor policy notification
Information Technology hardware industry apex body MAIT has welcomed semiconductor policy
- DTA fabs will get lower benefits
The government is expected to cut import duty to 10% this budget. Units inside DTAs will have to pay import duty unlike units in SEZs, wher...
- Industry cheers chip policy; sees big inflows
Despite the less-than-expected fiscal sops for semiconductor manufacturing operations located in SEZs, the Indian industry cheered the gove...
- NRIs plan JV to invest $4.5 bn in chip-making
With the government having finally cleared a package of concessions for the semi-conductor industry, a group of Silicon Valley NRIs are pla...
- Tatas have a lesson or two to learn from SemIndia
In the wake of the violent clashes over land acquisition at Singur and Nandigram, the Tatas and West Bengal government can surely learn fro...
- Analysts skeptical of chip fab in India
Global IT analyst Gartner Dataquest has cast doubts on whether it makes rational business sense for setting up a chip fabrication plant in ...
- New semiconductor policy to electrify hardware sector
The Union Cabinet’s in-principle nod to the much-awaited semiconductor policy on Thursday brought cheer to the IT hardware industry.
- SemIndia may shift ATMP from India
The proposed $3.5-billion SemIndia chip fab project may not even start an ATMP (Assembly Test Mark Plant).
- Govt may extend tax holiday for STPI units
The Union ministry for information technology is preparing a cabinet note seeking extension of the 10-year tax holiday currently being enjo...
- Flextronics lines up India foray
Singapore-based contract manufacturing company Flextronics Corporation plans to test waters in India.