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CDIL Semiconductors signs MoU with Infineon Technologies
Economic Times
·
5m ago
Medial
CDIL Semiconductors has signed a Memorandum of Understanding with Infineon Technologies to explore collaborative opportunities in India's semiconductor market. Infineon will supply high-performance bare die wafers to CDIL for packaging into semiconductor products tailored for Indian customers. The partnership aims to enhance India’s domestic capabilities and position in the global supply chain, with a focus on innovation, localization, and addressing sectors like automotive, renewable energy, and consumer applications.
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Fab news: German, US companies eye India OSAT opportunity
Economic Times
·
4m ago
Medial
German semiconductor firm Infineon and US-based Onsemi are exploring opportunities to establish semiconductor assembly and test facilities in India, seeking local partnerships for OSAT ventures. Infineon has partnered with CDIL Semiconductors to supply semiconductor wafers, hinting at potential future production. Onsemi is interested in leveraging partnerships for technical expertise while minimizing costs. The India Semiconductor Mission offers incentives for such projects, but experts urge careful planning on future subsidies and prioritizing broader semiconductor facility development.
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Ather Energy signs pact with Infineon Technologies to drive innovation in EV space
YourStory
·
2m ago
Medial
Ather Energy has partnered with Infineon Technologies to enhance India's electric vehicle (EV) sector. The collaboration aims to advance semiconductor technologies for light electric vehicles, charging infrastructure, and safety, improving efficiency, reliability, and cost-effectiveness. This partnership seeks to accelerate the adoption of electric two-wheelers by enhancing vehicle safety and user experience. Infineon’s advanced technologies will support Ather in boosting system performance and simplifying complexity, aligning with India's goal for increased EV sales by 2030.
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Infineon bets on AI boom to spur more lucrative chip sales
Economic Times
·
1y ago
Medial
Infineon, a German semiconductor company, aims to capitalize on the growing demand for artificial intelligence (AI) by selling higher priced chips. CEO Jochen Hanebeck expects the revenue from AI servers to reach around one billion euros annually in a few years, compared to a projected low three-digit million euros range for data center semiconductors in 2024. Despite scaling back targets for 2023/2024 due to the weakening global economy, Infineon achieved record results in the 2022/2023 financial year.
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Can AGNIT’s GaN Wafers Become India’s Edge In The Global Chip Market?
Inc42
·
9m ago
Medial
Infineon Technologies has developed the world's first 300mm power gallium nitride (GaN) wafer technology, a major advancement for the semiconductor industry in terms of capability and cost efficiency. AGNIT, a company focused on gallium nitride production in India, has raised $3.5 million in funding and plans to produce 100,000 devices in the next 12-24 months. Gallium nitride-based semiconductors are increasingly important in sectors such as automotive, computing, and wireless communications due to their high-speed performance and applications in AI systems, solar inverters, EV chargers, and more.
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India, Singapore sign MoUs in fields of digital technology, semiconductor
Economic Times
·
11m ago
Medial
India and Singapore have signed four Memorandum of Understanding (MoU) in the areas of digital technologies, semiconductors, health cooperation, and skill development. The agreements aim to enhance cooperation between the two nations. The MoUs cover various aspects such as digital technologies, cybersecurity, semiconductor cluster development, healthcare research, and vocational education. The partnerships will facilitate closer collaboration and exchange of expertise in these fields. Prime Minister Narendra Modi, who is currently visiting Singapore, met with Singapore counterpart Lawrence Wong and signed the MoUs during bilateral meetings.
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Semiconductor maker Akash Systems signs $27 million server contract with NxtGen Datacenter
Economic Times
·
8m ago
Medial
US-based diamond semiconductor manufacturer Akash Systems has secured a $27 million contract with NxtGen Datacenter and Cloud Technologies. As part of the agreement, Akash will supply its advanced diamond-cooled servers to NxtGen's data centers in India. The partnership aims to establish a new standard for sustainable AI by leveraging Akash's diamond cooling technology, waterless liquid cooling, and high-performance GPUs from NVIDIA and AMD. Akash Systems is a venture-backed company operating in California and Texas, and is focused on the development and production of diamond-based semiconductors and systems.
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German chipmaker Infineon sees 'subdued' 2025 due to weak demand
Economic Times
·
8m ago
Medial
Infineon expects a weak performance in 2025 due to sluggish demand in its end markets, aside from artificial intelligence. The company also warned of a slight revenue decline for the current financial year. In the previous financial year, revenue fell by 8% to €14.96 billion. Infineon's operating profitability is expected to deteriorate in 2024-25. The company has implemented a cost savings program that includes job cuts and relocating positions to countries with lower labor costs. Intel and NXP Semiconductors have also reported declines in revenue.
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IBM, C-DAC ink pact for high-performance computing in India
Economic Times
·
1y ago
Medial
IBM and the Centre for Development of Advanced Computing (C-DAC) have signed an MoU to establish a joint working group to advance high-performance computing (HPC) in India. The collaboration aims to foster growth in India's developer community, focusing on processor and system design, firmware, and application development for open source projects. The HPC working group will support skilling, competency building, and the development of indigenous processors based on IBM's Power architecture. The partnership seeks to position India as a leading hub for semiconductors, leveraging HPC technologies to drive digital transformation and economic growth.
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Cabinet approves India's digital tech pacts with France, Papua New Guinea, Trinidad and Tobago
Economic Times
·
1y ago
Medial
The Union Cabinet has approved three separate Memorandum of Understandings (MoUs) with Papua New Guinea, France, and Trinidad and Tobago to promote cooperation in the field of digital technologies. The MoU with France aims to enhance collaboration and exchange of information on digital technologies. The MoU with Papua New Guinea focuses on sharing successful digital solutions for digital transformation, while the agreement with Trinidad and Tobago seeks to promote India's digital technology stack. These MoUs are expected to drive employment opportunities and bilateral cooperation in the IT sector.
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Garuda Aerospace Signs MoU with Sri Lanka's CYOL
Economic Times
·
9m ago
Medial
Drone manufacturer Garuda Aerospace has signed a Memorandum of Understanding (MOU) with CYOL, a Sri Lankan agricultural technology solutions provider, to expand operations in Australia, Africa, and Asia. Garuda Aerospace has officially launched its operations in Sri Lanka through this partnership. The collaboration aims to offer farmers real-time insights, optimized resource management, and enhanced crop monitoring capabilities by integrating drone technology with advanced software solutions. The companies aim to provide comprehensive services to optimize farming operations and promote sustainable agricultural practices.
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