Washington, July 27 (IANS) US President Donald Trump on Monday asserted that the United States holds a substantial lead over China in artificial intelligence (AI), as his administration examines whether Chinese AI companies have benefited from American technology through unauthorised model distillation.Speaking to reporters aboard Air Force One en route to Michigan, Trump was asked about remarks by Treasury Secretary Scott Bessent, who said last week that the administration would investigate whe…
Latest Semiconductor News & Updates
New Delhi, July 25 (IANS) Semiconductor and product engineering services provider MosChip Technologies has reported a 77.56 per cent year-on-year decline in its consolidated net profit to Rs 2.45 crore for the first quarter (Q1) of FY27, as lower revenue and margin contraction weighed on its performance.The company had posted a consolidated net profit of Rs 10.92 crore in the corresponding quarter of the previous financial year.Revenue from operations declined 14.29 per cent year-on-year to Rs 1…
Washington, July 16 (IANS) President Donald Trump’s nominee to lead the US intelligence community said that economic security is inseparable from national security, arguing that America’s intelligence agencies must sharpen their focus on China’s economic challenge, artificial intelligence and emerging technologies.Appearing before the Senate Select Committee on Intelligence for his confirmation hearing as Director of National Intelligence (DNI) on Wednesday (local time), Jay Clayton said future …
New Delhi, July 15 (IANS) After the success of the ‘Semicon 1’ initiative, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the ‘Semicon 2.0’ scheme for the development of a domestic semiconductor design and manufacturing ecosystem, with a total budget outlay of Rs 1,27,500 crore.To date, 12 manufacturing units have been approved with a cumulative investment of over Rs 1.64 lakh crore. These include one silicon fab, one silicon carbide fab, an integrated …
Seoul, July 13 (IANS) South Korea’s exports jumped 53.9 per cent from a year earlier in the first 10 days of July, data showed on Monday, on the back of strong outbound shipments of semiconductor products.Outbound shipments reached US$29.8 billion in the July 1-10 period, compared with $19.3 billion tallied in the same period last year, according to the data from the Korea Customs Service, reports Yonhap news agency.It marked the highest figure for any 10-day period compiled by the customs agenc…
Seoul, July 12 (IANS) Samsung Electronics is moving to begin operations at the first semiconductor fabrication plant in its Yongin chip cluster in 2029, one to two years earlier than planned, industry sources said on Sunday.The accelerated timeline comes as the government speeds up development of the Yongin National Industrial Complex, a national strategic project set to serve as the company’s next-generation semiconductor manufacturing hub, reports Yonhap news agency.Samsung is currently planni…
New Delhi, July 10 (IANS) The Central government’s decision to rationalise customs duties on capital equipment and critical inputs for electronic good production will deepen domestic value addition and attract investment, industry bodies said on Friday.The government has rationalised duties for inputs in lithium‑ion battery cell manufacturing, display assemblies and wireless charging inductor coil modules.Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA) …
New Delhi, July 9 (IANS) India and Australia on Thursday announced a Partnership on Cyber, Critical Technologies and Supply Chains (PACTS) to deepen cooperation in these sectors and strengthen supply chain resilience by building on the 2020 Framework Arrangement on Cyber and Cyber Enabled Critical Technology Cooperation.”The PACTS aims to support our shared interest in national and regional security, empower our partners with greater digital choices, make critical supply chains more resilient, a…
Seoul, July 8 (IANS) South Korea posted an all-time high current account surplus in May on robust exports of semiconductors, central bank data showed on Wednesday.The current account surplus totalled $38.61 billion in May, up from $28.29 billion the previous month, according to the data from the Bank of Korea (BOK).It marked the largest monthly current account surplus ever, renewing the previous record of $37.93 billion set in March, reports Yonhap news agency.Compared with the same month a year…
New Delhi, July 7 (IANS) India has significantly expanded its global outreach to secure supplies of critical minerals and strengthen semiconductor supply chains, signing partnerships with 24 countries while holding negotiations with 11 others over the past two years.The initiative forms part of the government’s broader strategy to reduce dependence on concentrated supply sources and ensure long-term access to minerals essential for clean energy, electric vehicles (EVs), advanced manufacturing, d…