News Muncher - searching for osat

2 months, 2 weeks ago

CG Power to acquire Radio Frequency components biz of Renesas for $36 million

CG Power and Industrial Solutions on Saturday said it has inked a pact to acquire the Radio Frequency components business of Japan-based Renesas Electronics Corporation for a cash consideration of $36 million. An asset purchase agreement was executed on October 4, 2024 between CG and Renesas Electronics America Inc, a subsidiary of Renesas, and other affiliated entities of Renesas, that …

India Power Industrial Solutions Components Business Renesas Rf Cg Power Limited

3 months, 3 weeks ago

Nod for Kaynes’ Rs 3.3K crore chip plant in Gujarat

New Indian Express

NEW DELHI: The government on Monday approved a proposal by Kaynes Semicon Pvt Ltd to set up a semiconductor assembly and testing plant in Sanand, Gujarat. Kaynes Semicon, an arm of Karnataka-based Kaynes Technology, had applied for setting up its OSAT plant in Telangana under the government’s semiconductor mission scheme last year. According to a post on social media platform …

India Telangana Plant Kaynes Osat Crore Chip Semiconductor Mission

8 months, 1 week ago

Apple to assemble iPhone camera module in India, cutting dependence on China

India TV News

Apple, a producer of iPhones, iPads, MacBooks and more has continued to minimise its dependence on China. As per the recent report, the iPhone maker is set to increase its investments in the Indian market and is reportedly in advanced talks with Murugappa Group and Tata Group's Titan Company which will be assembling sub-components for the iPhone camera modules- giving …

Indian Group Tata Group Iphone Pli Tata India Cutting

9 months, 1 week ago

PM Modi lays foundation stone of three semiconductor facilities

The Hindu

Prime Minister Narendra Modi on March 13 said when India commits, it delivers, referring to his government's commitment to make the country a semiconductor manufacturing hub. Mr. Modi was virtually addressing people after laying the foundation stone of three semiconductor facilities of about ₹1.25 lakh crore, which include two in Gujarat and one in Assam. PM Modi lays foundation stone …

India Semiconductor Modi Foundation Stone Three Semiconductor Facilities Delivers Mr

9 months, 1 week ago

PM Modi to lay foundation for 3 semiconductor facilities worth ₹1.25 lakh cr

Live Mint

Prime Minister Narendra Modi will lay the foundation stones for three semiconductor facilities worth over Rs. The PM will lay the foundation stone for the Semiconductor fabrication facility at the Dholera Special Investment Region and the Outsourced Semiconductor Assembly and Test facility at Sanand located in Gujarat. The statement said that PM Modi will lay the foundation stone for semiconductor …

India Gujarat Semiconductor Morigaon Osa Tata Electronics Private Limited

11 months ago

Foxconn & HCL to establish semiconductor assembly and testing unit in India

Op India

Taiwan’s Foxconn, also known as Hon Hai Precision Industry, has joined forces with India’s HCL Group to establish an Outsourced Assembly and Testing unit for semiconductor chips. Foxconn, through its subsidiary Foxconn Hon Hai Technology India Mega Development Private Limited, is set to invest $37.2 million, securing a substantial 40% stake in the joint venture, as revealed in a regulatory …

India Semiconductor Group Foxconn Hcl Testing Unit Hcl Group

11 months, 1 week ago

Foxconn, HCL announce JV to set up semiconductor OSAT in India

Live Mint

Taiwan’s Foxconn Technology Group and India’s HCL Group will form a joint venture to set up a semiconductor outsourced assembly and testing unit, where Foxconn will hold 40% equity with an investment of $37.2 million, the companies individually confirmed on Wednesday. “HCL Group plans to partner with Foxconn Group to establish OSAT operations in India. The partnership announcement comes a …

Technology India Semiconductor Group Set Unit Proposals

11 months, 4 weeks ago

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24

Deccan Chronicle

HYDERABAD: A delegation of the Foxconn Group, a Taiwanese company that manufactures Apple products, on Tuesday met Chief Minister A. Revanth Reddy at the Secretariat to discuss the company’s expansion plans for Telangana. The delegation, led by Foxconn's Hon Hai Precision Industry Company Limited’s representative Wee Lee, said that its manufacturing plant at Kongarakalan on the city outskirts will become …

Manufacturing Telangana Facility Foxconn Delegation Kongarakalan

1 year, 1 month ago

Sad day for Karnataka: Mohandas Pai blames state govt after Kaynes shifts to Telangana

Hindustan Times

Former Infosys CFO TV Mohandas Pai questioned the Congress-led Karnataka government after Kaynes Technology started the construction of a semiconductor OSAT facility in Telangana. He called it a sad day for Karnataka and said that it will affect the job market in the state. Mohandas Pai He took to social media platform X and wrote, “Sad day for Karnataka. @DKShivakumar …

Karnataka Pai Mohandas Pai State Mohandas Sad Day

1 year, 5 months ago

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead

ABP News

New Delhi: Micron Technology's announcement regarding the establishment of a cutting-edge semiconductor assembly, testing, and packaging plant in Sanand, Gujarat, has reignited fresh hope for India's aspirations to become a global semiconductor supply chain hub. "Semiconductor manufacturing involves various stages and each of these stages may involve a completely different category of vendor," says Kanishka Chauhan, Senior Principal Analyst at …

India China Supply Chauhan Intel Gartner Semiconductor Manufacturing

1 year, 6 months ago

Centre clears $2.7 billion Micron chip testing plant; unit expected to create 5,000 jobs

Firstpost

The central government has approved US-based chip maker Micron’s project to set up a semiconductor test and packaging unit worth USD 2.7 billion in the country, sources told PTI. The government agreed to production-linked incentives worth 110 billion rupees for the plant, which is set to be built in PM Modi’s home state of Gujarat, Reuters reported quoting an official. …

India Test Semiconductor Biden Pti Reuters Plant