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SEMICONDUCTOR JV
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s whySumitomo Chemical India shares surged around 11% as heavy volumes and a major development at its Japanese parent’s Korean subsidiary lifted...
Indian electronics manufacturers forge more and more partnerships with companies from South Korea, Taiwan, JapanIndian electronics manufacturers are forging alliances with firms from South Korea, Taiwan and Japan, alongside exploring standalone initia...
CG Semi’s Gujarat chip unit starts to shipThis marks a new milestone in India’s mission to create an ecosystem for semiconductor manufacturing and assembling, which began from scrat...
Amber Group eyes $2 billion revenue milestone soon; invests Rs 6,750 crore in UP projectsAmber Group is poised to reach USD 2 billion in revenue soon, fueled by robust growth in its consumer durables, electronics, and railway/de...
Dixon, Amber, Syrma: Harshit Kapadia on why India's EMS sector is back on the radar & which stocks to buy nowIndia's electronics manufacturing sector is poised for decades of growth, fueled by global supply chain shifts and government support. Expe...
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
Execution and balance sheet strength will decide EMS sector winners: Praveen SahayInvestors are now prioritizing financial discipline in the electronics manufacturing services sector. Companies are expanding and investing...
Harley-Davidson bets on affordable models, dealer network in latest turnaround effortHarley-Davidson is launching a new plan called 'Back to the Bricks'. This strategy focuses on making more affordable motorcycles and streng...
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
Foxconn, HCL Group name semiconductor JV as India Chip Pvt LtdElectronics manufacturing services giant Foxconn and HCL Group have named their semiconductor joint venture as India Chip Private Limited, ...
CG Power and Industrial Solutions to form JV for OSAT facility in IndiaCG Power and Industrial Solutions, Renesas, and Stars Microelectronics signed a Joint Venture Agreement to establish an Outsourced Semicond...
CG Power shares surge 11% after government’s nod to semi-conductor facilityShares of CG Power and Industrial Solutions rose 12% after announcing a JV with Renesas Electronics and Stars Microelectronics to build a s...
Foxconn submits application for setting up semiconductor unit: MoS ITTaiwanese electronics manufacturing services company Foxconn has submitted an application for setting up a semiconductor fab in the country...
Israel’s Tower seeks government inputs for fab foray by FY24-endThis marks a second attempt by the Israeli company to enter the semiconductor space in India after an earlier JV agreement with ISMC to set...
Vedanta shares drop 3% after Foxconn withdraws from semiconductor JVVedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse developme...
Foxconn, Vedanta committed to semicon mission, make in India: Union Minister Ashwini VaishnawTaiwan's Foxconn has withdrawn from a $19.5 billion (about Rs 1.5 lakh crore) semiconductor joint venture with mining baron Anil Agarwal's ...
Vedanta-Foxconn JV shares details of chip tech partnersOf the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akars...
Vedanta will play lead in Foxconn JV with 63% stakeThe oil-to-metals group will continue to hold 63%, while Foxconn will own 37%, said Akarsh Hebbar, global managing director of display and ...
Cabinet approves 50% incentive of project cost for setting up semiconductor unitsThe 50% fiscal support to all three schemes was based on a unanimous recommendation by an advisory committee consisting of experts from aro...