Seoul, April 23 (IANS) Despite the ongoing crisis in the Middle East, the South Korean economy posted its fastest quarterly growth in 5 and a half years in the first quarter, supported by solid exports amid a semiconductor upcycle and resilient domestic demand, central bank data showed on Thursday.The country’s real gross domestic product (GDP) — a key measure of economic growth — rose 1.7 per cent in the January-March period from three months earlier, according to the preliminary data from th…
Latest Semiconductor Sector News & Updates
New Delhi, April 17 (IANS) In a move aimed at boosting strategic cooperation in the semiconductor sector, the India Cellular and Electronics Association (ICEA), in partnership with the Singapore Semiconductor Industry Association, convened a high-level industry engagement in Singapore on Friday. The meeting brought together key stakeholders from India and Singapore to deepen collaboration across the semiconductor and electronics value chain.The engagement highlighted the complementary strengths …
Washington, April 1 (IANS) In contrast to its measured tone on India, a new U.S. trade report portrays China as a far more entrenched and systemic challenge — one defined not just by market barriers but by what Washington describes as a state-led model aimed at global dominance. A new report by the Office of the United States Trade Representative (USTR) said China’s policies go beyond traditional trade barriers and reflect a broader strategy to dominate key industries.The 2026 National…
Gandhinagar, Feb 26 (IANS) The Gujarat government has completed the auction of a five-acre plot in the Sanand Industrial Estate for the construction of a premium hotel, officials said on Thursday. The move is aimed at strengthening social infrastructure around the state’s expanding semiconductor and manufacturing hub.Officials said the e-auction for a 20,168.54 square metre plot in the Sanand-2 Industrial Estate concluded on December 22 last year.The plot had been specially reserved for the de…
New Delhi, Feb 17 (IANS) Union Electronics and Information Technology Minister Ashwini Vaishnaw on Wednesday announced that educational institutions across the country will be equipped with AI technology-based devices to help students create solutions and gain hands-on familiarity with emerging technologies. Speaking to YourStory Founder Shradha Sharma on the sidelines of the India-AI Impact Summit 2026, Vaishnaw elaborated on the opportunities, investments, and innovation momentum expected from…
Bengaluru, Feb 1 (IANS) Karnataka Leader of the Opposition R. Ashoka said on Sunday that the Union Budget 2026-27 is another significant step towards a developed India, and stressed that the Bengaluru-Hyderabad high-speed rail route will further strengthen Bengaluru’s position as a key economic hub of South India. “The announcement of seven high-speed rail corridors in the budget will inject fresh momentum into economic activity by rapidly connecting major cities across the country. The Bengal…
Mumbai, Feb 1 (IANS) Maharashtra Deputy Chief Minister Eknath Shinde has congratulated Union Finance Minister Nirmala Sitharaman on presenting her ninth budget, aimed at making India self-reliant and developed. He stated that the budget provides significant strength to Mumbai and Maharashtra — the growth engines of the country — by boosting the holistic development of smaller cities, enhancing infrastructure, and providing massive incentives to Micro, Small, and Medium Enterprises (MSMEs). Thi…
New Delhi, Jan 29 (IANS) India’s innovation ecosystem has shown strong and steady progress over the past few years, with the country climbing to 38th position in the Global Innovation Index (GII) 2025 from 66th in 2019, according to the Economic Survey 2025-26 tabled in Parliament today by Union Finance Minister Nirmala Sitharaman on Thursday. The Survey highlights how government initiatives in manufacturing, research, startups and technology have helped India emerge as a growing global hub fo…
Seoul, Jan 14 (IANS) Amid a recent supercycle in the chip industry led by an artificial intelligence (AI) boom, South Korean chipmakers are becoming vulnerable to non-practicing entities (NPEs) as Washington moves to strengthen patent protection, industry watchers said on Wednesday.NPEs, commonly known as “patent trolls,” generate profits by licensing or enforcing patents rather than producing goods, reports Yonhap news agency.Such concerns have emerged as Samsung Electronics Co. and SK hynix In…
Seoul, Dec 31 (IANS) The number of high-skilled workers in South Korea grew for the fourth consecutive year in 2024, with such jobs in the semiconductor sector increasing by the most, government data showed on Wednesday.The total number of industrial technology workers stood at 1.74 million as of end-2024, up 1.1 per cent from a year earlier, according to the data from the Ministry of Trade, Industry and Resources, reports Yonhap news agency.Industrial technology workers refer to high-skilled em…