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India has approved a $10 billion incentive plan to attract semiconductor and display manufacturers, its technology minister said on Wednesday, as part of a deepening push to establish the country as a global electronics production hub.

India has approved a $10 billion incentive plan to attract semiconductor fabricators and display manufacturers, its technology minister said on Wednesday, as part of efforts to establish itself as a global electronics production hub. Israel’s Tower Semiconductor, Apple’s contract manufacturer Foxconn and a Singapore-based consortium have all shown interest in setting up

India has approved a $10 billion incentive plan to attract semiconductor fabricators and display manufacturers, its technology minister said on Wednesday, as part of efforts to establish itself as a... | December 15, 2021

India has approved a $10 billion incentive plan to attract semiconductor fabricators and display manufacturers, its technology minister said on Wednesday, as part of efforts to establish itself as a global electronics production hub.

India, the world's second-biggest smartphone maker, has announced the plan at a time when automakers and tech companies are grappling with a global semiconductor shortage.

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Pharmaceutical stocks Teva, Opko and Perrigo led the TASE down today as NICE bucked the market.

Now that Samsung has chosen Tyler, Texas, for its new chip manufacturing facility, U.S. Sen Charles Schumer is urging Tower Semiconductor to build in Upstate New York. Schumer's office said the Senate Majority Leader spoke by phone with Tower CEO Russell Ellwanger on Tuesday, explaining the virtues of the Genesee County tech park and three ...December 8, 2021

Bank Hapoalim led the declines today after Shari Arison sold shares for $350 million.

Although the demand for end products related to the stay-at-home economy slowed down as many countries saw rising vaccination rates and were partially lifting