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Industrial output, retail sales, investment all rise in September: data

Korea s industrial output rose for the second consecutive month in September on the back of the turnaround in the semiconductor sector, data showed Tuesday. ....

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semiconductor: L&T ventures into fabless semiconductor chip design, to invest Rs 830 crore

Infrastructure giant L&T is making a significant move into the semiconductor industry. Their board has granted approval for the establishment of a wholly owned subsidiary focused on the business of fabless semiconductor chip design and product ownership. This strategic decision marks L&T s entry into a new and dynamic sector, highlighting their commitment to diversification and innovation. ....

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L&T to foray into fabless semiconductor chip design, to invest ₹830 crore to set up unit

L&T has approved an investment of Rs 830 crore to set up a wholly-owned subsidiary that will be engaged in the business of fabless semiconductor chip design and product ownership and not manufacturing, said L&T chief financial officer, R Shankar Raman. ....

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