Page 9 - Memory Chips News Today

Rest of World News: South Korean President Yoon Suk Yeol heads to the Netherlands to boost semiconductor cooperation with ASML, the producer of lithography equipment used

Memory Chips: The Netherlands is home to ASML, which produces the lithography equipment that makes semiconductors, and for years the two countries have worked together "in an exemplary manner", Yoon said, "contributing to the stability of global semiconductor supply chains."

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India Business News: Rajasthan-based Sahasra Semiconductors has become the first Indian company to produce memory chips. They have commenced production at their Bhiwadi un

Sahasra’s Bhiwadi unit is set to gradually increase its capacity to 30 percent by the end of this year and the company plans to fully realize its potential in the next phase.

Sahasra has been approved under two government initiatives – production-linked incentive (PLI) for components and sub-assemblies of white goods and the scheme for promotion of manufacturing of electronic components and semiconductors (SPECS).

Sahasra Semiconductors: Sahasra has been approved under two production-linked incentive (PLI) schemes- the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) and the PLI scheme for components and sub-assemblies of white goods.

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Samsung Electronics on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory chip market shows early signs of recovering from a severe downturn.

Sahasra is all set to begin commercial roll out of Made-in-India semiconductor chips under government’s SPECS plan this week at its Rs 350 crore plant in Bhiwadi