Semicon

Samsung Outlines $7.17B Share Repurchase After Profit Drop

Following challenges in its semiconductor business and a 40% profit drop in Q3 2024, Samsung announced a $7.17 billion share buyback to enhance shareholder...

India On Track To Add 1MN Semiconductor Jobs By 2026

Consequently, investments in skilling and reskilling are expected to increase by 25 percent over the next 2-3 years. Reports now surfaced that with a...

TSMC Becomes 2nd Firm To Be Awarded With $6.6Bn Under CHIPS and Science Act

These plants are projected to produce millions of advanced logic chips for applications in 5G/6G smartphones, autonomous vehicles, high-performance computing, and artificial intelligence. The U.S....

Andhra Pradesh State Cabinet Gave Nod To Semicon, Display Fab Policy 2024-29 

The Central Government provides a 50 percent subsidy, and the Andhra Pradesh Government offers an additional 30 percent subsidy. The Andhra Pradesh government has introduced...

Allegro MicroSystems Launches R&D Unit In Hyderabad

While expanding its workforce to 500 professionals, Allegro MicroSystems inaugurates an R&D centre in Hyderabad, focusing on EV, automation, and clean energy solutions....

Softbank Group Aims To Build Supercomputers With Nvidia’s Blackwell Design Chips

SoftBank is collaborating with key technology partners such as Fujitsu and IBM's Red Hat who  will test and develop the AI network using Nvidia’s...

Lightmatter And Amkor Technology Collaborate On Largest 3D Photonics Package

Lightmatter has teamed up with Amkor Technology to develop the world's largest 3D photonics chip package using the innovative Passage platform. Lightmatter, a player in...

Pallidus Cancels $443M Semiconductor Plant In South Carolina

Scrapping plans for 400+ jobs amid a growing trend of semiconductor facility cancellations across the U.S, Pallidus cancels $443M chip plant in South Carolina. Semiconductor...

Space tech Startup Akash Secures $68M CHIPS Funding

Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

AMD Lays Off 4% Workforce Amid AI Competition

Despite remaining optimistic about its 2025 MI350-series chip launch, AMD announces a 4% workforce cut amid challenges in the AI chip market and competition...

TSMC Grows EUV Share To 56%, Outpaces Rivals

Powering ahead, TSMC is dominating EUV market with 56% share reportedly. While it solidifies its lead in semiconductor technology, Samsung Foundry looks to compete...

Bangladesh Unlocking Its $1B Semiconductor Export Potential?

Speaking on workforce development, policy support, and global partnerships at a US meeting, the Bangladesh Semiconductor Industry Association has ambitious goals. The Bangladesh Semiconductor...

Industry's Buzz

Safran

Safran Secures First NATO Naval Order For Optronic Sights With MSI

0
Safran brings Optronic Sights to MSI's naval and land gun systems. Safran Electronics & Defense and MSI-Defence Systems have signed a Franco-British agreement to fit...
Amber Enterprises

Amber Enterprises Completes Full Acquisition of Power-One Micro Systems

0
Amber Enterprises subsidiary acquires remaining 40% stake in Power-One through share swap. Amber Enterprises has bought out its remaining minority partners in Power-One. IL JIN...
Image for representation purpose

Cosmoserve Opens Base 1 To Develop Space-Grade Electronics In-House

0
Cosmoserve Space has opened a new facility in Hyderabad to develop space-grade electronics, optics and avionics in India, with the aim of cutting reliance...
Image for representation purpose

Nemi Targets Nasdaq Listing With USD 400 Million Valuation

0
Nemi is going public. The plan? A $400 million Nasdaq listing. The company just signed a definitive business combination agreement with BHAV Acquisition Corp. This...
LG logo

LG Electronics India to Step Into India’s Automotive Market

0
The South Korean headquarters of LG Electronics will continue to support the business with global technologies and existing relationships with global car manufacturers. LG Electronics...

Learn From Leaders

Roberto Gatti, Founder and CEO of Delvitech

The Eye That Spots Defects Before They Happen

0
Most inspection machines tell you a board failed. Delvitech's tells you when it is about to.Every inspection stage in a factory traditionally needs its...
Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

0
In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...

Startups

EVE NET Turns Spare Smartphone Capacity Into An AI Cloud

0
What if the phone in your pocket could help run AI? A Mumbai-based startup wants to cut AI computing costs by tapping into millions...

Vimag Labs’ Magnet-Free Motors Set To Redefine EV Efficiency

0
Can software replace rare-earth materials? This Bengaluru startup uses virtual magnets to eliminate traditional permanent magnets, boosting EV motor efficiency up to 95 per...

Pine Labs Q2 FY27 Profit Soars 6.5x

0
Pine labs said that it processes 25 million transactions per day, a 22 per cent increase from the previous year. Fintech company Pine Labs, reported...
Dr Venkata Sai Kiran, Founder, Red Balloon Aerospace

How Near-Space Platforms Could Revolutionise Broadband Connectivity – Dr Venkata Sai Kiran, Red Balloon...

0
As nations explore high-altitude platforms for communication, surveillance, and scientific research, Red Balloon Aerospace is developing super-pressure balloons, tethered aerostats, and airships for near-space...
Manish Seth, Founder, Vimag Labs

Beyond Rare-Earth Magnets: How Vimag Labs Is Reimagining Electric Motors – Manish Seth, Vimag...

0
Can software replace rare earth magnets in electric motors? Manish Seth of Vimag Labs speaks to EFY’s Nitisha Dubey about Virtual Magnet Technology, which...