New Delhi, June 19 (IANS) Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday said the global semiconductor industry is facing a talent shortage of around 10 lakh professionals, presenting a major opportunity for India to emerge as a key supplier of skilled manpower for the sector.Speaking at the Software Technology Parks of India (STPI) centre in Patna, the minister said the global semiconductor industry is currently valued at around $800 billion and is expected…
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Jaipur, June 11 (IANS) Union Minister Ashwini Vaishnaw on Thursday inaugurated a state-of-the-art Makers Lab at the Malaviya National Institute of Technology (MNIT), Jaipur, and challenged students to develop indigenous chip designs, underscoring India’s growing ambitions in the semiconductor sector.Addressing students and faculty members at the Vivekananda Lecture Theatre Complex, Vaishnaw emphasised innovation, technological advancement and startup-driven growth as key pillars of India’s futur…
Seoul, June 8 (IANS) South Korean President Lee Jae Myung said Monday the government will work to secure “absolute competitiveness” in advanced technologies to nurture the country into an industrial powerhouse.The president made the remarks while outlining his policy vision and goals for his second year in office at a press conference marking the first anniversary of his inauguration on June 4 last year.”By mobilizing all government and private-sector resources, (the government) will secure abso…
Washington, June 2 (IANS) Secretary of State Marco Rubio sought to reassure lawmakers on Tuesday that U.S. policy toward Taiwan remains unchanged, despite concerns raised by President Donald Trump’s recent comments that arms sales to Taipei could be used as a negotiating tool in discussions with China. Appearing before the Senate Foreign Relations Committee, Rubio said Washington continues to support preserving the status quo across the Taiwan Strait and dismissed suggestions that the administra…
Seoul, June 1 (IANS) South Korea’s exports surged 53 per cent from a year earlier to a new monthly high of $87.8 billion in May, driven by the semiconductor supercycle, government data showed on Monday.It marked the third consecutive month the country’s outbound shipments surpassed the $80 billion mark, according to the Ministry of Trade, Industry and Resources.Imports rose 20.8 percent on-year to $60.8 billion, resulting in a trade surplus of $26.95 billion, reports Yonhap news agency.The combi…
Bhubaneswar, May 29 (IANS) The Odisha government has signed a Memorandum of Understanding (MoU) with Intel and 3D Glass Solutions (3DGS) of the US for the establishment of an Advanced Packaging Substrate Manufacturing Facility in the state — a first-of-its-kind project in India, government officials said on Friday. As per an official statement issued, the facility will leverage advanced glass-based substrate technologies and high-density interconnect packaging, essential for sectors such as AI,…
Jaipur, May 23 (IANS) Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Saturday that Rajasthan has immense potential to become a major hub for electronics manufacturing, highlighting the Centre’s push to expand the sector under Prime Minister Narendra Modi’s leadership. Addressing industry representatives, investors and experts during a dialogue on the electronics and semiconductor sectors at the Chief Minister’s Office in Jaipur, Union Minister Vaishnaw noted t…
Brussels, May 21 (IANS) Chinese President Xi Jinping’s warning that Taiwan could lead to “clashes and even conflicts” and place relations in “great jeopardy” during his recent meeting with US President Donald Trump in Beijing was not mere rhetoric, a report has stated.As missteps in arms transfers, diplomatic recognition or military manoeuvres could trigger escalation amid little clarity in international law.Jinping’s remarks were not a fresh warning but rather underscoring the funda…
Seoul, May 20 (IANS) Samsung Electronics’ union said on Wednesday it will proceed with the strike scheduled for later this week, arguing management has rejected a government-mediated proposal.”We accepted the mediator’s proposal,” the company’s largest union said, adding that it will go ahead with the legally scheduled general strike as planned, reports Yonhap news agency.The two sides have been holding government-mediated talks over performance-based bonuses, with nearly 48,000 workers schedu…
New Delhi, May 16 (IANS) India’s semiconductor ambitions received a major boost as Prime Minister Narendra Modi on Saturday highlighted a new partnership between Tata Electronics and ASML aimed at strengthening the country’s chip manufacturing ecosystem. The agreement was witnessed by Dutch Prime Minister Rob Jetten and PM Modi during high-level engagements focused on futuristic technologies and innovation-led cooperation.Under the memorandum of understanding, ASML will support the establish…