Page 73 - Tower Semiconductor News Today

The company had earlier applied to receive incentives for making 28 nm chips. It has now modified its application to manufacture 40 nm chips and receive incentives in that category, a source said. Earlier this year in May, the IT ministry had revised the guidelines for applying for incentives and said the applicants would now be able to apply as and when they either have a production grade technology or have a partnership with such company.

ISMC, backed by Abu Dhabi-based Next Orbit and Tower Semiconductor, has asked the Centre not to consider its proposal owing to a pending merger between Intel and Tower Semiconductor.

On Friday, US memory-chip maker Micron Technology announced it would set up an outsourced semiconductor assembly and testing plant at Sanand in Gujarat entailing an investment of $2.75 billion. Of this, Micron will invest $825 million, while the rest will be a combination of incentives from the central and state governments.

Micron Technology to invest up to $825 million in a chip assembly plant in Gujarat, India.

The announcement came after Prime Minister Narendra Modi — who is on a three-day state visit to the US — met Micron Chief Executive Sanjay Mehrotra on Thursday.

Taiwan Semiconductor is a leading semiconductor manufacturer with key customers, including Qualcomm, AMD, Intel, NVIDIA, Amazon, and Broadcom. Read more here.

Ten years ago, the chip market was approaching an inflexion point of the kind that unseats leaders and creates a space for their replacements.

Intel to invest $25B in Israeli chip manufacturing plants - SiliconANGLE

The company has been in Israel since 1974, where it employs around 10,000 people - Click the link for more details.

Welcome to Computing's fortnightly roundup of tech news in Asia. This week's stories feature India's drive to become a major player in silicon and assembly, China's efforts to shore up its own industry and Australia's fears about its lack of domestic AI talent.