Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel

Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel

27 Dec 2023

The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.

Intel to lay off 235 more employees in US as it reworks strategy

Intel to lay off 235 more employees in US as it reworks strategy

23 Dec 2023

Computer chip maker Intel Corporation plans to lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as part of its ongoing efforts to cut costs.

Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat

Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat

09 Dec 2023

Government has fast-tracked Micron’s semiconductor unit being set up in in Sanand, in Gujarat with capital investment of Rs22,516 crore ($2.75 billion).

Toshiba and Rohm announce a $2.7 billion investment in joint power chip production

Toshiba and Rohm announce a $2.7 billion investment in joint power chip production

08 Dec 2023

In a significant move aimed at bolstering Japan’s power chip industry, Toshiba and Rohm revealed on Friday, 8 December 2023, their collaboration in a substantial investment of 388.3 billion yen, or $2.7 billion, for the joint production of power chips.

Vietnam explores chip industry expansion despite high costs

Vietnam explores chip industry expansion despite high costs

31 Oct 2023

Vietnam is currently in discussions with major chip companies to boost investments in the country, potentially leading to the establishment of its first semiconductor

Foxconn, STMicro to collaborate for semiconductor factory in India

08 Sep 2023

Foxconn Technology Group is partnering with STMicroelectronics NV to jointly pursue the establishment of a semiconductor manufacturing facility in India.

Reliance in talks with potential partners for chipmaking foray: report

08 Sep 2023

Oil-to-retail conglomerate Reliance Industries Ltd (RIL) is reported to be in talks with global leaders in semiconductor business in a bid to explore a possible entry into the high technology business

Micron to set up $2.7 bn semiconductor assembly unit in India

01 Jul 2023

Micron plans to ramp up capacity with the construction of a facility similar in scale, which will start towards the second half of the decade

Govt to meet 50% of project cost for semiconductor fabs across all technology nodes and packagings

26 Sep 2022

Vedanta-Foxconn to set up $20 bn chip factory in Gujarat

14 Sep 2022

Besides state government subsidies, the centre, which aims to make India a key player in the global supply chain for chips, has agreed to increase incentives beyond an initial $10 billion proposed for investments in semiconductor manufacturing

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