Israeli Semiconductor Company To Produce Chips In India
In an attempt to capitalise on the $10 billion dollar incentives offered by the Indian government, Israeli semiconductor manufacturing company Tower Semiconductors has pledged to invest around $8 billion in India to build a chip-manufacturing facility. Semiconductor manufacturing and assembly has been the key area of focus in business for the Modi government and for…
abhinav singh
Top News From Asian Financial Landscape
A lot is happening in Asia right now, from pirate attacks on ships to integrating AI into new applications. Dive into our weekly news round-up dedicated to the Asian financial landscape to stay up-to-date with the latest news. Risks At The Red Sea Might Push Oil Prices Up The recent violence in the Red Sea…
John David
Karnataka Government Approves Projects Worth $4.09 Billion
In an attempt to uplift the state’s economy, the Karnataka government has approved 14 investment projects worth $4.09 billion. According to the state authority, these projects have the potential to generate around 13,308 jobs in Karnataka. Out of the 14 approved projects, 10 are brand new, while the remaining 4 are old projects planned to…
SHAHID MUSHTAQ
US Chips Act Threatens To Dismantle Asian Chip Industry
In this day and age, technology is at the forefront of things. In order to keep manufacturing new tech, we need more semiconductor chips which are made by Asian countries. Now, the US has passed a bill to promote semiconductor manufacturing in America. Today, 70% of semiconductors manufactured globally are from Asia. The US plans…
JYOTI
China Limits The Export Of Critical Chip-Making Metals
As a retaliatory move against the Western countries, who are trying to restrict the growth of China in the semiconductor industry, the country has made it clear that it would not submit to the dominance of the European power, and in response, has put restrictions on the export of metals crucial to build semiconductors and…
Vishal Prajapati