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Micron launches $2.7 bn semiconductor plant in India

Micron Technology, a global leader in memory and storage solutions, has initiated the construction of a state-of-the-art semiconductor manufacturing facility in India, marking a significant step towards bolstering the country's semiconductor industry.

Foxconn in talks for JV with TSMC and TMH Group

According to a report, Foxconn is currently in discussions with Taiwan Semiconductor Manufacturing Co (TSMC) and Japan’s TMH Group to form a joint venture and technology partnership in India with the aim of establishing semiconductor fabrication units.

Chip component plant to get $300 mn expansion in Pennsylvania

The electronics subsidiary of German multinational healthcare company Merck KGaA said it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials hope will help boost the area's appeal to the fast-growing semiconductor industry.

India’s semiconductor pursuit gets a strong push

The Semiconductor Industry Association (SIA), the top trade association representing the U.S. semiconductor industry, signed a Memorandum of Understanding (MoU) with the India Electronics and Semiconductor Association (IESA), the premier trade group representing India’s semiconductor and electronics systems design and manufacturing industry, to foster collaboration and identify potential opportunities between the two countries in the semiconductor sector.

Subsidy for semiconductor industry

The Union Cabinet gave its in-principle approval to provide subsidy for setting up of chip-fabrication units to boost investments in the semiconductor sector and also improve country's beleaguered economy. This is seen to provide a significant push to domestic electronics manufacturing and act as magnets for the electronics components

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