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AMD sees strong earnings, outlook on strong results
This February 4, 2022, illustration shows microchips made by AMD Malaysia and Foxconn in Washington, DC. This February 4, 2022, illustration shows microchips made by AMD Malaysia and Foxconn in Washington, DC. DANIEL SLIM AFP Advanced Micro Devices Inc forecast stronger than expected full year and second quarter revenue, with ...
Updated: 05/04/2022
Sensex, Nifty likely to open lower amid fag-end selling in Axis Bank, Reliance, Infosys
... semiconductor and display manufacturing plans as it tries to become the country's first chipmaker, a senior company official said. In February, the oil-to- metals conglomerate decided to diversify into chip manufacturing and formed a joint venture with Taiwan's Foxconn. It has a total investment outlay of $20 billion. In Assam's Tinsukia district, Indian Oil Corp IOC The OMC rolled out M 15 petrol- 15 per cent blend of methanol with petrol on a pilot basis. On Saturday, the Union Minister of State for Petroleum ...
Updated: 05/02/2022
India's Vedanta seeks $3 bln in debt to boost semiconductor manufacturing
... manufacturing plans as it tries to become the country's first chipmaker, a senior company official told Reuters on Saturday. In February the oil-to- metals conglomerate decided to diversify into chip manufacturing and formed a joint venture with Taiwan's Foxconn . Vedanta is in talks with several Indian states and is seeking incentives from Prime Minister Narendra Modi's Modi 's federal government. After getting subsidies, and once its final agreements are in place, the company plans to raise bank debt ...
Updated: 04/30/2022
Govt expects to give approval to chip makers in next 6-8 months
... is evaluating the process and approvals will come after the due diligence is done. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of 1.53 lakh crore. Vedanta Foxconn JV, IGSS Ventures , ISMC propose to set up electronic chip manufacturing plants with USD 13.6 billion investment and have asked for support of USD 5.6 billion from the Centre under the Rs 76,000 crore Semicon India Programme. Vedanta and Elest ...
Updated: 04/29/2022
India says it will support semiconductor firms
... billion in 2020, is expected to reach $63 billion by the year 2026. A $10 billion plan to attract semiconductor and display makers has attracted applications from companies such as a joint venture between the Indian conglomerate Vedanta and Taiwan's Foxconn and Singapore's IGSS Ventures . The three-day meeting, part of the government's effort to attract big ticket investments, has attracted executives from tech giants Intel , TSMC and Micron Technology Inc. Vedanta is seeking incentives such ...
Updated: 04/29/2022
Vedanta seeks incentives to become India’s first chip maker
... hectares of free land from states and other incentives in order to become India's first chip maker, sources told Reuters. The oil-to- metals conglomerate in February said it would diversify into chip manufacturing and announced plans to join Taiwan's Foxconn to support Prime Minister Narendra Modi's Modi 's plans to make India a semiconductor manufacturing hub. Vedanta is seeking federal incentives under a Modi programme of fiscal support, but it is asking states for 1,000 acre of land free of cost ...
Updated: 04/28/2022
Vedanta seeks incentives for chip plant in India
... incentives for its $20 billion for semiconductor and display manufacturing, sources told Reuters, a race to become India's first chip maker. In February, the oil-to- metals conglomerate announced plans to expand into chip manufacturing and join Taiwan's Foxconn to support Prime Minister Narendra Modi's Modi 's plans to make India a semiconductor manufacturing hub. Vedanta is seeking federal incentives under a Modi programme, but it asks states for 1,000 acre of land free of cost on a lease for 99 years,...
Updated: 04/28/2022
Foxconn stops production at two Chinese factories
KUNSHAN, China - The world's largest electronics contract manufacturer and Apple's primary supplier, Foxconn Technology Group, has stopped production at two of its factories in the eastern city of Kunshan, further pressuring Apple's supply chain. KUNSHAN , China - The world's largest electronics contract manufacturer and Apple's primary supplier, Foxconn ...
Updated: 04/27/2022
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