Semiconductors News - Latest Updates & Headlines
Won-based export settlements drop in 2024: BOK
Seoul, April 14: The proportion of South Korean exports settled in the local currency declined in 2024 due mainly to relatively weak growth in auto exports, central bank data showed on Monday.
India's semiconductor industry likely to double revenue to $108 bn by 2030: Report
New Delhi, April 13: The Indian semiconductor industry's revenues are likely to double from $54 billion to $108 billion between 2025 to 2030, according to a report by financial services firm UBS.
India's semiconductor demand to see 15% CAGR, hitting USD 108 billion by 2030: UBS report
New Delhi, April 12: The Indian semiconductor industry's end-demand revenues will double from 2025 to 2030, growing from USD 54 billion to USD 108 billion, according to a report by financial services firm UBS.
India heading in right direction, has opportunities to vacuum up more of US supply chain: Semiconductor Association CEO John Neuffer
New Delhi, April 11: Noting that India is doing a lot of right things to boost its semiconductor sector, John Neuffer, president and CEO of the US-based Semiconductor Industry Association has said that diversification of the supply chains is inevitable and it creates more opportunities for India to be part of the US supply chain.
India did right in semiconductors, 20% of global workforce here: Semiconductor Industry Association CEO John Neuffer
New Delhi, April 11: India is rapidly emerging as a significant player in the global semiconductor landscape, transitioning from a stronghold in chip design to taking steps toward manufacturing according to John Neuffer, President and CEO of the Semiconductor Industry Association.
Tarun Chabra, former US coordinator for Technology backs India-US alignment, flags strategic tech risks
Washington, DC, April 11: At the Carnegie Global Tech Summit, Tarun Chhabra, former Deputy Assistant to the President and Coordinator for Technology and National Security in the United States, reflected on past US-India technology ties, particularly during his tenure, underscoring a shared strategic outlook between Washington and New Delhi.
E-mobility, chips and fintech key investment opportunities for Austria: FM Sitharaman
New Delhi, April 11: There are several opportunities for investment and business collaboration between Austria and India, especially in sectors such as e-mobility, semiconductors and fintech, Union Finance Minister Nirmala Sitharaman has stressed.
Taiwan has no plans to take retaliatory actions against US tariff: President Lai
Taipei, April 7: Taiwan has no intention of retaliating against the 32 per cent tariff imposed by US President Donald Trump on Taiwanese goods, President Lai Ching-te said on Sunday, according to a report by Focus Taiwan.
India's semiconductor market set to reach over USD 150 billion by 2030: Report
New Delhi, April 2: India's semiconductor market is set to reach over USD 150 billion , with AI semiconductor will present over USD 21 billion market opportunity by 2030, according to a report by Basic Roots Consulting.
EAM Jaishankar meets Netherlands FM Caspar Veldkamp, discusses new possibilities in semiconductors
New Delhi, April 1: External Affairs Minister (EAM) S Jaishankar on Monday met with Netherlands Foreign Minister Caspar Veldkamp in New Delhi and discussed growing bilateral cooperation, including in trade, investments, innovation, and water and new possibilities in semiconductors.
Assam CM meets EU Ambassador to India, discusses opportunities for collaboration
New Delhi, March 12: Assam Chief Minister Himanta Biswa Sarma on Wednesday met European Union Ambassador to India, Herve Delphin at the latter's official residence in the national capital.
CDIL Semiconductors, Infineon Technologies to boost India's power chip manufacturing
New Delhi, March 6: Domestic company CDIL Semiconductors and Infineon Technologies Asia Pacific, a global semiconductor leader in power systems and IoT, on Thursday signed a memorandum of understanding to explore strategic collaboration opportunities in India's fast-growing chip market.
Deep tech innovations to help India reach $10 trillion economy goal
Bengaluru, March 6: As the nation moves towards becoming a $10 trillion economy, India is undergoing a structural shift from a software-led technology ecosystem to one driven by deep-tech innovations, a report said on Thursday.
We have a lot to offer, Netherlands envoy to India
Gandhinagar, March 6: Netherlands Ambassador Marisa Gerards said that the Holland has a lot to offer to India and that they were also inking an MoU for more research and innovation projects together.
EU delegation's visit 'unprecedented', will enhance connectivity, trade and tech linkages: PM Modi
New Delhi, Feb 28: Terming the ongoing visit of the European Commission President and the College of Commissioners to India as "unprecedented", Prime Minister Narendra Modi on Friday said that it will elevate the India-European Union multifaceted partnership to new heights.
Trump to announce tariffs on cars, chips, pharmaceuticals 'over the next month or sooner'
Washington, Feb 20: US President Donald Trump has said that he will announce tariffs on cars, semiconductors, and pharmaceuticals "over the next month or sooner" as he is pushing for new levies to shrink America's trade deficits, boost domestic manufacturing and achieve other policy goals.
Hyundai, Samsung brace for hefty US tariffs
Seoul, Feb 19: South Korean automotive and chip companies are devising strategies to deal with looming hefty tariffs on their US exports, industry observers said on Wednesday, after US President Donald Trump announced his intention to impose auto duties of around 25 per cent and similar levels on chips.
India, US bilateral trade focuses on high-growth sectors like chips, electronics
New Delhi, Feb 14: Despite ongoing challenges, such as tariffs and protectionist policies, India and the US have set an ambitious goal of achieving $500 billion in bilateral trade, with a focus on high-growth sectors like semiconductors, electronics, and critical technologies, industry experts said on Friday.
South Korea's current account surplus more than triples in 2024: BOK
Seoul, Feb 6: South Korea's current account surplus for 2024 more than tripled from a year earlier, led by strong exports and increased dividend income, central bank data showed on Thursday.
CoE Project Lab to act as hub for innovation and collaboration in chip design
Noida, February 5: The Centre of Excellence (CoE) Project Lab will serve as a hub for innovation and collaboration in chip design, providing researchers, startups, and students with access to industry-grade tools and infrastructure.
South Korea to invest $809.3 million in developing materials technologies
Seoul, Feb 4: The industry ministry said on Tuesday it will invest 1.18 trillion won ($809.3 million) this year to develop advanced technologies for materials and parts, a move aimed at enhancing the global competitiveness of major industries, such as semiconductors, rechargeable batteries and biopharmaceuticals.
Global semiconductor revenue jumps 18 pc in 2024: Report
New Delhi, Feb 3: The global semiconductor industry witnessed a strong rebound in 2024, with total revenue reaching $626 billion, an 18.1 per cent increase from the previous year, a report said on Monday.
Samsung's Q4 net profit rises over 20 pc despite waning chip demand
Seoul, Jan 31: Samsung Electronics said on Friday its fourth-quarter net income rose more than 20 per cent from a year earlier despite the waning global demand for memory chips, beating market expectations.
Semiconductor demand in India to reach 28 pc by 2026 end amid AI boom
New Delhi, Jan 28: The demand for semiconductors in India in the artificial intelligence (AI) era is likely to increase to 28 per cent by the end of 2026, close to the global expected demand of 29 per cent, according to a report on Tuesday.
H2Earth plans to set up silicon, green hydrogen-ammonia plants in India, says Director Kapil Agarwal
Davos, January 22: Kapil Agarwal, Director of H2Earth Green Energy Pvt Ltd, on the sidelines of the World Economic Forum, said that his company plans to set up a silicon metal plant in India.
Telangana is a place for investments, it means business: CM Revanth Reddy at Davos
Davos, January 22: Telangana Chief Minister A Revanth Reddy, who is in Davos for the World Economic Forum promoting his state, has said they were keen on investment in areas such as electric vehicles, semiconductors, pharma and infrastructure.
Telangana means business, is place for investments: CM Revanth Reddy in Davos
Davos, January 21: Telangana Chief Minister A Revanth Reddy, who is in Davos for the World Economic Forum promoting his state, has said they were keen on investment in areas such as electric vehicles, semiconductors, pharma and infrastructure.
CM Sarma pitches strengthening collaboration between energy industries, semiconductors, and startups of Assam and Korea
Seoul, January 21: Assam Chief Minister Himanta Biswa Sarma held a series of meetings with various stakeholders to explore collaboration opportunities in key sectors such as renewable energy, semiconductors, small and medium enterprises (SMEs), and startups on Tuesday (local time), according to an official statement.
Semicon India scheme to create 85,000 jobs: Centre
New Delhi, Jan 21: In the run-up to the Union Budget 2025-26 to be presented on February 1, the Union Finance Ministry on Tuesday highlighted the achievements of the government's policies in pushing up investments and employment through the semiconductor programme and the PLI scheme for electronic goods manufacturing.
India, Singapore are natural partners, Singapore President says
New Delhi, January 16: President of Singapore Tharman Shanmugaratnam who is on a visit to India was accorded a cermonial welcome on Thursday at the forecourt of Rashtrapati Bhavan.
South Korea's ICT exports jump 24 pc in Dec on robust chip demand
Seoul, Jan 14: South Korea's exports of information and communication technology (ICT) products jumped 24 per cent in December from a year earlier, helped by robust sales of semiconductors, government data showed on Tuesday.
South Korea seeks to expand technology cooperation with Israel, Japan
Seoul, Jan 13: South Korea's industry ministry on Monday discussed ways to expand the country's bilateral cooperation with Israel and Japan to develop and advance technologies in high-end sectors, such as artificial intelligence and semiconductors.
Biz outlook for manufacturing sector remains pessimistic in South Korea in Q1
Seoul, Jan 12: South Korea's manufacturing sector, including semiconductors and the auto industry, is expected to suffer a decrease in sales in the first quarter amid heightened economic uncertainties, data showed on Sunday.
Singapore President to visit India next week to focus on non-traditional areas of cooperation
By Naveen Kapoor, New Delhi, January 11: Singapore's President Tharman Shanmugaratnam is set to visit India on January 15, marking a significant milestone in the 60th year of diplomatic ties between the two nations.
Indian firms aiming to surpass global rivals in adoption of future technologies: WEF
New Delhi, Jan 9: Indian employers are planning to outpace global adoption in key technologies, with 35 per cent expecting semiconductors and computing technologies and 21 per cent expecting quantum and encryption to transform operations, according to the 'Future of Jobs Report 2025' published by the World Economic Forum (WEF).
Sullivan, Doval emphasise joint efforts in technology development for global challenges
Washington DC, January 7: US National Security Advisor Jake Sullivan on Monday met with his Indian counterpart, Ajit Doval, with discussions focused on fostering joint production and development of strategic technologies to deliver "secure, reliable, and cost-competitive" technology solutions for global challenges.
Strengthening innovation alliance in focus as US NSA Sullivan travels to India on final visit
New Delhi, Jan 4: India and the United States are expected to hold discussions on a range of strategic, regional, and bilateral issues, including the Initiative on Critical and Emerging Technologies (iCET) during US National Security Advisor (NSA) Jake Sullivan's two-day New Delhi visit, beginning Sunday.