Semiconductor Industry News - Latest Updates & Headlines
Combined operating profit of top 500 S. Korean firms jumps 66 pc in 2024
Seoul, March 26: The combined operating profit of South Korea's top 500 companies surged 66 per cent from a year earlier in 2024, driven largely by a rebound in the global semiconductor market, a report showed on Wednesday.
India's semiconductor industry faces supply chain and limited talent challenges: Jefferies Report
New Delhi, March 25: India's semiconductor industry is growing but faces significant challenges such as an underdeveloped supply chain, a shortage of specialized manufacturing talent, global competition, and rapidly evolving technology, according to a report by Jefferies.
Samsung Chairman Lee Jae-yong calls for do-or-die mindset to overcome crisis
Seoul, March 17: Samsung Electronics Chairman Lee Jae-yong has urged executives to adopt a "do-or-die" mindset to navigate the intense challenges posed by the new era driven by artificial intelligence (AI), industry sources said on Monday.
Intel's new CEO Lip-Bu Tan to receive $69 million compensation package
New Delhi, March 15: Intel Corp.'s newly appointed CEO, Lip-Bu Tan, will receive a compensation package valued at approximately $69 million as he steps into his role on March 18.
S. Korea calls for exemption of semiconductor workers from 52-hour work week
Seoul, March 11: Industry and labour ministers on Tuesday called for an exemption of researchers in the semiconductor industry from South Korea's 52-hour workweek system that prevents them from working extended hours even when needed.
Trump mentions Taiwan, South Korea while saying America lost chip business
Washington, March 8: US President Donald Trump has mentioned Taiwan and South Korea, as he argued that the United States lost semiconductor business to foreign countries.
China escalates cognitive warfare against Taiwan, targets US relations with misinformation campaign
Taipei, March 5: China is intensifying its cognitive warfare efforts against Taiwan, as its United Front Work Department establishes a dedicated misinformation unit, according to a post by Taipei Times.
Union Minister Ashwini Vaishnaw unveils major infrastructure and IT initiatives at Advantage Assam 2.0
Guwahati, February 26: Union Minister of Railways, Electronics & Information Technology, and Information & Broadcasting, Ashwini Vaishnaw participated in the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati and announced several key initiatives and projects aimed at accelerating the growth of the railway and IT industries in the region.
Assam is laying the foundation for cutting-edge technology: CM Himanta Biswa Sarma
Guwahati, February 25: Assam Chief Minister Himanta Biswa Sarma, in the presence of Union Minister of Electronics and Information Technology and Railways Ashwini Vaishnaw, attended a thematic session titled "Advancing Semiconductor Horizons in Assam for Viksit Bharat," organized as part of the 'Advantage Assam 2.0--Investment & Infrastructure Summit' in Guwahati on Tuesday.
China calls Trump's order for restrictions on Chinese semiconductor industries: 'Politicization and Weaponization'
Beijing, February 25: Responding to US President Donald Trump signing a memorandum directing the Committee on Foreign Investment in the US to curb Chinese investments in strategic sectors, Lin Jian, a spokesperson from China's Foreign Ministry, said on Tuesday, to the Global Times that "China has repeatedly expressed its firm stance against the US' malicious blockade and suppression of China's semiconductor sector.
South Korean delegation calls meeting with US commerce chief 'productive'
Seoul, Feb 24: A visiting South Korean business delegation said on Monday that the meeting with newly appointed U.S. Secretary of Commerce Howard Lutnick was "productive," following reports that discussions included proposals for $1 billion in investments from each company in exchange for "fast-track" regulatory benefits.
US tariffs on chips: India unlikely to experience any major short-term consequences
New Delhi, Feb 20: India is unlikely to experience any major short-term consequences due to the US tariff on semiconductors, as it is not a major exporter of chips to Washington, the industry body said on Thursday.
India to shift focus from energy to AI, IoT and semiconductors: Piyush Goyal
New Delhi, February 18: India is shifting its focus from energy to cutting-edge technologies like Artificial Intelligence (AI), Internet of Things (IoT), Quantum Computing, and semiconductors.
K'taka Global Investors Meet: Next 10 years belong to India in semiconductor sector, says Texas Instruments President
Bengaluru, Feb 12: Talking about the potential of the country in the semiconductor sector, Santosh Kumar, President and MD of Texas Instruments stated that the next 10 years belong to India.
Assam CM Himanta Biswa Sarma meets semiconductor industry leaders in Singapore, promotes 'Advantage Assam 2.0'
Singapore, February 11: Assam Chief Minister Himanta Biswa Sarma held discussions with leaders from the semiconductor industry in Singapore on Tuesday.
South Korean economy faces growing downside risks from global tariff war
Seoul, Feb 10: South Korea's economy is faced with increased downside risks due to an anticipated global trade war centred around the United States, while production remains modest amid a prolonged slump in the construction sector, a state-run economic think tank said on Monday.
Taiwan diplomat calls 'One China' policy a scam at Siang Dialogue 2.0
By Hardika Sharma, New Delhi, February 8: Robert Hsieh Bor-Huei, Deputy Representative of Taipei Economic and Cultural Centre in India on Saturday challenged China's longstanding 'One China Policy' in a significant address at The Siang Dialogue 2.0 in Delhi. rn
South Korea to respond to possible impact of China's export curb on strategic minerals
Seoul, Feb 5: South Korea's industry ministry said on Wednesday it will monitor and respond to any possible impact from China's export restrictions on strategic minerals in an apparent retaliatory measure against the United States' recent tariff imposition.
SK hynix's surpasses Samsung for 1st time in quarterly profit
Seoul, Jan 28: Chipmaking giant SK hynix has surpassed its biggest rival, Samsung Electronics, for the first time ever in terms of quarterly profit, data showed on Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs.
SK hynix names Ryu Sung-soo as new CEO of its US unit
Seoul, Jan 26: South Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its US unit, SK hynix America.
Taiwan's political divisions weaken defence stance as Trump returns
Taipei, January 25: Taiwan's parliament has voted to freeze billions in defence spending just hours after Donald Trump's inauguration, raising concerns about the island's preparedness against China's mounting threats, CNN reported.
Minister Ashwini Vaishnaw highlights India's export-led growth and inclusive development at Davos
Davos, January 24: Addressing global leaders and industry captains, Ashwini Vaishnaw, Union Minister of Information and Broadcasting, Railways, Electronics and IT presented India's vision of inclusive development and its remarkable growth story at the World Economic Forum in Davos.
SK hynix reports record Q4 earnings on rising demand for AI chips
Seoul, Jan 23: South Korean chipmaking giant SK hynix said on Thursday its fourth-quarter earnings hit a record high on rising demand for artificial intelligence (AI) chips, including high bandwidth memory (HBM), sharply beating market expectations.
Assam CM Himanta Biswa Sarma pays homage at Gandhi statue in Tokyo
Tokyo, January 22: Assam Chief Minister Himanta Biswa Sarma, continuing his international outreach, paid homage to the statue of Mahatma Gandhi in Tokyo earlier this week. This visit marks another step in strengthening the relationship between India and Japan, rooted in deep historical, cultural, and civilizational ties.
Finance Ministry highlights Rs 1.52 lakh cr investment, 85,000 jobs under Semicon India Programme
New Delhi, January 20: As the Union Budget 2025-26 nears, the Ministry of Finance has highlighted the significant Union Budget announcements, particularly focusing on the development of the semiconductor and electronics manufacturing ecosystem.
India emerging as major pole over global economy, our priorities join very well': Singaporean President Tharman
Bhubaneswar, January 18: Highlighting India's emergence as a key player in the global economy, Singapore President Tharman Shanmugaratnam said that India aspires to be a significant player in a multipolar world and this is also reflected in the evolving ties of the two nations.
Telangana CM, Singapore Minister discuss partnership in various sectors
Hyderabad, Jan 18: Telangana Chief Minister Revanth Reddy on Saturday requested Singapore to partner with his state in various sectors to realise the goals of 'TelanganaRising'.
India Semiconductor Mission, CG Power and CG Semi ink fiscal support agreement
New Delhi, Jan 17: The India Semiconductor Mission (ISM) on Friday signed a Fiscal Support Agreement (FSA) with CG Power and CG Semi, that will help the country develop a robust semiconductor manufacturing ecosystem.
Telangana seeks Centre's support for development of semiconductor industry
Hyderabad, Jan 15: Telangana's Minister for Information Technology, Electronics & Communications and Industries & Commerce D. Sridhar Babu on Wednesday sought the Centre's support for the development of the semiconductor industry in the state.
Market cap of top 50 APAC firms hits record $8.1 trillion in 2024, India third
New Delhi, Jan 12: Led by technology companies, the total market capitalisation of top 50 firms in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a 20.6 per cent year-on-year increase, according to a new report.
Samsung misses Q4 profit forecast on missteps in AI chips
Seoul, Jan 8: Samsung Electronics on Wednesday estimated its fourth-quarter operating profit more than doubled from a year earlier but missed market expectations due to lacklustre performance in its high-end memory chips for artificial intelligence accelerators.