Nvidia, along with a group of Indian and U.S. investors, has joined the India Deep Tech Alliance, helping the group secure over $850 million in new capital commitments. This initiative aims to address the persistent issue of underfunding for India's research-driven "deep-tech" startups, which focus on industries such as semiconductors,...
Lam Research Invests $1.2 Billion in India’s Semiconductor Industry
Fremont, CA-based Lam Research Corporation, announced plans to invest over $1.2 billion in India's southern state of Karnataka. The company specializes in creating equipment crucial for wafer processing and semiconductor device wiring. The company has formalized this commitment through a memorandum of understanding with the Karnataka Industrial Area Development Board. This...
Micron Signs MOU to Build Semiconductor Facility in India
Boise, Idaho-based Micron, signed an MoU with the government of India's western state of Gujarat for setting up a $2.75 billion semiconductor assembly and test facility at Sanand, located near the city of Ahmedabad in Gujarat. The plant has been approved under the Federal government's 'Modified Assembly, Testing, Marking, and...
U.S., India, Sign MOU on Semiconductor Supply Chain, Innovation Partnership
On the invitation of India's Commerce and Industry Minister Piyush Goyal, the U.S. Secretary of Commerce Gina Raimondo visited Delhi between March 7 and 10. During this visit, the India-U.S. Commercial Dialogue was re-launched to discuss cooperation for unlocking new trade and investment opportunities between the two countries. During the...
Japan’s Renesas Partners with India’s Tata Motors for Semiconductors
Tokyo-based Renesas Electronics Corporation, announced a strategic partnership with Tata Motors Ltd., and Tejas Networks Ltd., both Tata Group companies, to design, develop, and manufacture semiconductor solutions across electronics systems. Renesas and Tata Motors will collaborate on developing next-generation automotive electronics to drive leadership performance and scalability for vehicles. Both...
Chennai, India Hosts Semiconductor Tech Center
San Diego, CA-based pSemi Corporation, focused on semiconductor integration, announced the opening of a new design center in Chennai, in south India. This center will support the growing demand for semiconductor products enabling 5G and Internet-of-Things (IoT) applications. The India office will accelerate the scalability of a strong engineering team...