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-Top News Business USA

US giants among 80 chip firms at SemiconIndia 2023

In addition to showcasing innovations, the event will comprise of 25 startups who will showcase their innovations and connect with industry leaders…reports Asian Lite News

As many as 80 semiconductor companies including US giants Micron Technology and Applied Materials are participating in SemiconIndia 2023 exhibition that kicked off in Gandhinagar.

Micron Technology has pledged an investment of $825 million in a Gujarat-based semiconductor assembly and test plant and Applied Materials has committed $400 million for their Engineering Collaborative Centre after talks held during PM Modi’s recent state visit to the USA.

The exhibition has a lineup of 150 stalls representing 80 leading companies to showcase their innovations and products. These diverse companies cover the entire spectrum of semiconductors, including supply chain, global Integrated Device Manufacturers, and domestic majors.

In addition to showcasing innovations, the event will comprise of 25 startups who will showcase their innovations and connect with industry leaders.

SemiconIndia 2023 will also witness participation from 23 countries and multiple states, with stalls from Uttar Pradesh and Gujarat, displaying the collective effort of state governments in supporting the semiconductor industry’s growth.

Institutions like SCL, ISRO and the Space Application Centre have their showcases as well, and educational institutes like IIT Bombay, IIT Madras, BITS Pilani, Ganpat University, and Nirma University will actively participate, highlighting academia’s vital role in driving India’s semiconductor advancements.

This exhibition marks the start of Semicon India 2023’s second edition, organised by India Semiconductor Mission in close collaboration with industry and industry associations as part of Prime Minister Narendra Modi’s vision to make the country a major electronics manufacturing hub.

Taking place from 25th to 30th July, the event will showcase India’s journey towards becoming a global powerhouse in Semiconductor Design, Manufacturing, and Technology Development, aligned with India Semiconductor Mission’s vision.

The ‘SemiconIndia 2023’ exhibition was inaugurated Gujarat Chief Minister Bhupendrabhai Patel, in the presence of Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, Shri Rajeev Chandrasekhar.

SemiconIndia 2023 is a testament to India’s strong commitment to building a robust semiconductor ecosystem. With its grand scale and innovative showcases, the exhibition proudly displays India’s potential as an emerging global hub for semiconductor excellence, according to an official statement.

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Tech Lite

Samsung cuts memory chip output

Samsung’s first-quarter sales likely fell 19 per cent to 63 trillion won from 77.78 trillion won from a year earlier. The data for net profit was not available…reports Asian Lite News

Samsung Electronics has said it has cut memory production in the short term, as its quarterly profit plunged significantly (likely 96 per cent) amid the chip downturn, in a sharp departure from its previous position that it would not artificially reduce output.

The world’s largest memory chip and smartphone maker earlier in the day estimated its January-March operating profit at 600 billion won ($454.9 million), sharply down from 14.12 trillion won a year ago.

Samsung blamed sluggish demand for tech devices, coupled with customers’ inventory adjustment, for the poor performance, reports Yonhap news agency.

“We are adjusting memory output to a meaningful level for products that we have secured enough inventory to deal with future demand,” the company said in a regulatory filing, in an apparent effort to deal with falling prices and a supply glut.

It did not elaborate on what a meaningful level means.

“While we have adjusted our short-term production plan, we will continue to invest in infrastructure to secure clean rooms and expand R&D expenditures to strengthen our technology leadership as we forecast solid demand in the medium and long term,” it said.

Samsung’s first-quarter sales likely fell 19 per cent to 63 trillion won from 77.78 trillion won from a year earlier. The data for net profit was not available.

The operating profit was 16.7 per cent lower than the average estimate.

The tech giant did not provide the results of each business division and will release its final earnings report later.

Samsung’s Device Solution (DS) division, which oversees its chip business, is forecast to run a deficit of around 4 trillion won, in its first financial loss in 14 years, according to analysts’ estimates, as a surplus chip inventory has been growing significantly amid tapering global demand.

The last time Samsung saw its backbone unit trade at a deficit was the first quarter of 2009, when the world was emerging from the 2008 financial crisis.

The world’s largest memory chip maker forecast the global chip market will shrink 6 per cent on-year to $563 billion this year, due to a sharp drop in demand, and warned of difficult conditions continuing throughout the year.

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-Top News USA

US Senate passes $280 bn bill to boost US chip production


The legislation will now go to the House, where it is expected to pass with some Republican support….reports Asian Lite News

In a historic move to end dependency on China when it comes to semiconductors, manufacturing and other technologies, the US Senate has passed a $280 industrial policy bill.

The measure passed 64 to 33, with 17 Republicans voting in favour, The New York Times reported on Wednesday.

The legislation will now go to the House, where it is expected to pass with some Republican support.

US President Joe Biden, who has backed the package for more than a year, could sign it into law as early as this week, the report mentioned.

“The Senate passed a historic bill that will lower costs and create jobs. As Americans are worried about the state of the economy and the cost of living, the CHIPS bill is one answer: it will accelerate the manufacturing of semiconductors in America, lowering prices on everything from cars to dishwashers,” Biden said in a statement.



The CHIPS bill, short for Creating Helpful Incentives to Produce Semiconductors for America Act, would provide $52 billion in subsidies and additional tax credits to companies that manufacture chips in the US.

It would also add $200 billion for scientific research, especially into artificial intelligence (AI), robotics, quantum computing and other new-age technologies.

Many senators, including Republicans, saw the legislation as a critical step to strengthen America’s semiconductor manufacturing abilities as the nation has become perilously reliant on foreign countries – especially an increasingly vulnerable Taiwan – for advanced chips.

“This is going to go down as one of the major bipartisan achievements of this Congress, along with the Infrastructure Investment and Jobs Act and the recent gun safety law,” said Senate Majority Leader Chuck Schumer, D-NY.

“The American people deserve to see more examples like this, of both sides coming together to do very, very big things that will leave a lasting impact on our country,” he added.

The Biden administration said that enhancing the chip industry at home will also help ease supply chain disruptions.

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Categories
Business China

China’s chip output shrinks

In April last year, local chip output surged 29.4 per cent year on year to 28.6 billion units…reports Asian Lite News

China has suffered a major setback as its semiconductor output shrank 12.1 per cent to 25.9 billion units in April, its lowest since December 2020, the media reported on Monday.

Disrupted supply chains amid logistics issues have paralysed some of the country’s largest manufacturers.

“China’s monthly output of chips shrunk to its lowest level since 2020, as strict lockdowns in Shanghai and other cities disrupted production in downstream industries from cars to robotics,” reports South China Morning Post, quoting data released by the National Bureau of Statistics.

According to the Shanghai Automobile Dealers Association, not a single vehicle was sold for the whole month of April while in the normal course, about 4,000 vehicles are sold daily in the city.

In April last year, local chip output surged 29.4 per cent year on year to 28.6 billion units.

China’s chip imports also fell in the first four months of this year.

Shanghai aims to reopen and allow normal life to resume from June 1.

It has cut off the community transmission of Covid-19 in 15 out of its 16 districts, according to a press conference on epidemic prevention and control held on Monday.

At present, the number of people living in “closed-off management areas” has dropped to no more than 1 million, and the epidemic has been effectively brought under control, reports Xinhua news agency.

Shanghai has planned its epidemic control work for the coming period, dividing it into three stages, said Zong Ming, Vice Mayor of Shanghai.

From June 1 to mid-late June, Shanghai will fully restore the normal order of production and life across the city with standard epidemic prevention and control measures, while strictly preventing any resurgence of the epidemic, according to Zong.

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Business

Qualcomm tops global loT chip market

Overall, global cellular IoT chipset shipments grew 57 per cent (on-year) in Q4 2021…reports Asian Lite News

Qualcomm topped the global cellular internet of things (IoT) chipset market with a 38 per cent share in terms of shipments in the fourth quarter of 2021, a new report has said.

Qualcomm grew its share both annually and sequentially with traction across key segments and has broadened its portfolio of IoT solutions, targeting specific verticals like retail, automotive, industrial IoT and smart cities, according to Counterpoint Research.

It has also launched an IoT services suite covering more than 30 verticals to enhance platform support for IoT-as-a-service (IoTaaS) applications and accelerator programmes (like smart cities).

“Qualcomm, UNISOC and ASR held the top three positions in the global cellular IoT chipset market in Q4 2021, accounting for nearly 75 per cent of the total shipments,” said research analyst Anish Khajuria.

Overall, global cellular IoT chipset shipments grew 57 per cent (on-year) in Q4 2021.

China continued to dominate the cellular IoT chipset market by accounting for nearly 60 per cent of the shipments.

Samsung also launched a 5G chipset targeting automotive applications.

It may provide strong competition to Qualcomm and MediaTek if it can enter a strong partnership with automakers, the report mentioned.

“Smart meter, POS, router/CPE, industrial and automotive were the top five applications in terms of shipments in Q4 2021,” said Vice President Research Neil Shah.

“We forecast that smart meters, industrial and router/CPE will grow the most in the future,” he added.

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Business

Intel to invest $19 billion for chip plant in Germany

The company is also in discussions with Italy to build an Assembly and packing facility there at a cost of up to $4.9 billion…reports Asian Lite News

Chipmaker Intel said it plans to build a semiconductor plant in Germany as part of an investment of up to 80 billion euros ($88 billion) in Europe over the next decade.

The initial outlay for the facility in Magdeburg, the capital of Saxony-Anhalt, is 17 billion euros ($19 billion), reports TechCrunch.

The so-called “mega-site” will actually comprise two factories. Planning will start right away with construction expected to get under way in the first half of next year, as long as Intel gets the thumbs up from the European Commission.

Production should commence at what Intel is calling “Silicon Junction” in 2027. As such, the plant won’t help offset the global chip shortage any time soon, the report said.

Intel said the dual plants will build chips using its top-of-the-line Angstrom-era transistor tech. It expects to create 7,000 construction jobs for the duration of the build, 3,000 permanent positions and thousands more jobs across partners and suppliers.

Elsewhere, Intel will invest another 12 billion euros ($13 billion) to expand a factory in Leixlip, Ireland. It will double the manufacturing space and expand foundry services there.

The company is also in discussions with Italy to build an Assembly and packing facility there at a cost of up to $4.9 billion.

Intel plans to build its European research and development hub near Plateau de Saclay, France. It expects to create 1,000 jobs as a result, with 450 of those opening up by the end of 2024.

The chipmaker aims to set up its main European foundry design center in France too. Further investments are earmarked for Poland and Spain.

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Europe

Intel to invest $19 bn for chip plant in Germany

The company is also in discussions with Italy to build an Assembly and packing facility there at a cost of up to $4.9 billion…reports Asian Lite News

 Chipmaker Intel said it plans to build a semiconductor plant in Germany as part of an investment of up to 80 billion euros ($88 billion) in Europe over the next decade.

The initial outlay for the facility in Magdeburg, the capital of Saxony-Anhalt, is 17 billion euros ($19 billion), reports TechCrunch.

The so-called “mega-site” will actually comprise two factories. Planning will start right away with construction expected to get under way in the first half of next year, as long as Intel gets the thumbs up from the European Commission.

Production should commence at what Intel is calling “Silicon Junction” in 2027. As such, the plant won’t help offset the global chip shortage any time soon, the report said.

Intel said the dual plants will build chips using its top-of-the-line Angstrom-era transistor tech. It expects to create 7,000 construction jobs for the duration of the build, 3,000 permanent positions and thousands more jobs across partners and suppliers.

Elsewhere, Intel will invest another 12 billion euros ($13 billion) to expand a factory in Leixlip, Ireland. It will double the manufacturing space and expand foundry services there.

The company is also in discussions with Italy to build an Assembly and packing facility there at a cost of up to $4.9 billion.

Intel plans to build its European research and development hub near Plateau de Saclay, France. It expects to create 1,000 jobs as a result, with 450 of those opening up by the end of 2024.

The chipmaker aims to set up its main European foundry design center in France too. Further investments are earmarked for Poland and Spain.

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