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Foxconn To Double Workforce And Investment In India By Next Year

Taiwanese electronics major Foxconn aims to double its workforce and investment in India by next year, a company representative based in India said on Sunday. “Under your leadership, Foxconn has grown smoothly and rapidly in India. We will work even harder to present you with a greater birthday gift next year, aiming for another doubling […]

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Micron To Manufacture Chips For Local And Global Markets, Says CEO

With India trying to develop its semiconductor presence worldwide, Micron Technology CEO Sanjay Mehrotra’s update about the chip export pinned optimism towards the country’s Semicon ride globally. Mehrotra said the chips to be manufactured in Micron’s Gujarat facility will be shipped in India as well as abroad. The CEO was addressing an annual semiconductor conference […]

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Samsung Extends Production Cuts In Response To Challenging Semiconductor Market

Samsung Electronics has announced its decision to extend production cuts in response to a challenging global semiconductor market. The company expressed a cautious outlook for the industry, noting that the demand recovery is primarily confined to high-end chips utilised in artificial intelligence applications. The memory chip industry has been experiencing an unprecedented downturn, which had […]

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Micron To Invest $2.5 Bn In Gujarat Semiconductor Plant

Following Prime Minister Narendra Modi’s meeting with Micron CEO Sanjay Mehrotra, Micron Technology will invest USD 2.5 billion (INR 22,500 crore) to establish an ATMP (assembly, test, marking, and packaging) facility in Gujarat’s Sanand GIDC-II, the Gujarat government announced on Wednesday. Sanand GIDC is a highly industrialized zone in Gujarat, home to many national and […]

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