🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Tata Electronics and Powerchip Semiconductor Manufacturing Corporation to build India’s first semiconductor fab

Economic TimesEconomic Times · 9m ago
Tata Electronics and Powerchip Semiconductor Manufacturing Corporation to build India’s first semiconductor fab
Medial

Tata Electronics has finalized an agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC) to build India's first AI-enabled fab in Gujarat. PSMC will provide design, construction, and engineering support, as well as license a wide range of technologies for the fabrication facility. The fab is expected to have a capacity of up to 50,000 wafers per month and will focus on manufacturing chips for various applications including power management IC, display drivers, microcontrollers, and high-performance computing logic. This partnership aims to establish an indigenous semiconductor ecosystem and position India as a key player in the global semiconductor supply chain.

Related News

Lam to open office at Tata Electronics’ Dholera chip fab

Economic TimesEconomic Times · 7m ago
Lam to open office at Tata Electronics’ Dholera chip fab
Medial

Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC) are collaborating to build India's first semiconductor fabrication facility in Dholera, Gujarat. Lam Research India, a supplier of wafer fabrication equipment, plans to set up an office in Dholera to support the facility. The facility will have a manufacturing capacity of up to 50,000 wafers per month. Lam Research India already works closely with PSMC and will collaborate with both PSMC and Tata Electronics once the fab is completed. Lam Research India's virtual fab, Semiverse, is used by customers and fabs worldwide for process simulation. The company believes in a globally diversified ecosystem to avoid supply chain disruptions.

Cabinet greenlights Tata Group's chip fab unit in Gujarat; first semicon plant in northeast approved

Economic TimesEconomic Times · 1y ago
Cabinet greenlights Tata Group's chip fab unit in Gujarat; first semicon plant in northeast approved
Medial

The Indian government has approved the construction of three semiconductor chip fabrication units in Gujarat and Assam, with an estimated investment of INR 1.26 lakh crore (approximately $17 billion). Tata Electronics will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC) in Gujarat, attracting an investment of INR 91,000 crore. Tata Semiconductor Assembly and Test will establish a unit in Assam with an investment of INR 27,000 crore. Additionally, CG Power will collaborate with Renesas Electronics and Stars Microelectronics to set up a semiconductor unit in Gujarat with an investment of INR 7,600 crore.

Tata Group JV to roll out first semiconductor chip by 2026: PSMC Chairman Huang

LivemintLivemint · 1y ago
Tata Group JV to roll out first semiconductor chip by 2026: PSMC Chairman Huang
Medial

The Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) are set to debut their joint venture semiconductor chip by the end of 2026, according to PSMC Chairman Frank Huang. The specifics of the partnership are still being determined, but production will begin with 28-nanometer chips in order to cater to India's supply chain needs. The chip fab facility is being set up in Gujarat's Dholera, with the Indian government subsidizing up to 70% of the project's $11 billion cost. Prime Minister Narendra Modi has announced ground-breaking ceremonies for three semiconductor facilities in India, including the Tata Group fab in Assam and the CG Power factory in Gujarat.

Semiconductor Fabs Will Boost India’s Tech Self-Reliance: Modi

Inc42Inc42 · 1y ago
Semiconductor Fabs Will Boost India’s Tech Self-Reliance: Modi
Medial

The Indian government has approved the establishment of three semiconductor plants, including a mega fab by Tata Group, with a total investment of INR 1.26 lakh crore. Prime Minister Narendra Modi stated that these units will enhance India's journey to technological self-reliance and position the country as a global hub in semiconductor manufacturing. The Tata Group will partner with Taiwan's Powerchip Semiconductor Manufacturing Corp to set up a semiconductor fab in Gujarat. Two other semiconductor proposals by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) and CG Power-Renesas have also been approved. Additionally, Samsung has unveiled a new semiconductor research and development facility in Bengaluru.

First chip from Dholera plant by 2026 end: PSMC chairman Frank Huang

Economic TimesEconomic Times · 1y ago
First chip from Dholera plant by 2026 end: PSMC chairman Frank Huang
Medial

The Tata Group and Powerchip Semiconductor Manufacturing Corporation (PSMC) are partnering to set up a semiconductor chip manufacturing plant in Gujarat. The first chip is expected to be ready by the end of 2026. The joint venture (JV) between the two companies is focused on technology transfer at the moment, with investment plans to be discussed later. The Indian government is estimated to subsidize up to 70% of the project cost. The Dholera unit is set to become India's first commercial semiconductor fab. The plant will start with manufacturing 28nm chips and will gradually move towards higher-end chips. The partnership was chosen due to the Tata Group's financial capabilities and government subsidies. The Taiwanese company was approached by the Indian government in 2022 and had discussions with other conglomerates as well. The project is seen as a significant step for India's growth in the manufacturing and chip space.

Download the medial app to read full posts, comements and news.