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Gujarat's semiconductor policy drawing interest from Japanese, South Korean firms
Economic Times
·
1y ago
Medial
Gujarat's semiconductor policy has attracted interest from companies in Japan, South Korea, New Delhi, and Bengaluru, as the state aims to play a crucial role in the global supply chain realignment. Micron Technology's decision to establish a $2.75 billion plant in Sanand highlights the success of Gujarat's dedicated semiconductor policy in attracting global players. The state's policy, which offers incentives and subsidies, has generated interest in semiconductor research and development, assembly testing, packaging, and critical component manufacturing. Follow-up discussions for additional large-scale projects are currently underway.
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South Korean chipmaking giants reportedly hacked by North Korea
Techradar
·
1y ago
Medial
North Korean hackers have targeted South Korean chip manufacturers in an attempt to enhance their weapons production capabilities, according to the South Korean National Intelligence Service (NIS). The hackers reportedly infiltrated the servers of two semiconductor manufacturers, potentially gaining access to sensitive information. The NIS suggested that North Korea may be seeking to develop its own semiconductors due to difficulties in obtaining them amidst sanctions. No specific details on the targeted companies or successful data breaches were disclosed. The US has invested billions in domestic semiconductor production to mitigate supply chain security risks.
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South Korea, Taiwan copy Japan’s dribbles in India semiconductor play
Economic Times
·
4m ago
Medial
Japan is actively investing in India's semiconductor sector, leveraging its strengths in machinery and materials, while countries like South Korea and Taiwan are striving to catch up. Japan's companies, with significant global market shares, have quickly seized opportunities, sending a large delegation to India's SemiConnect event. South Korean and Taiwanese firms aim to emulate Japan's strategy by forging partnerships and adapting to India's regulatory landscape to capitalize on India's growing technological demands and government support for local production.
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Japanese M&A interest makes a strong comeback in 2024
Livemint
·
7m ago
Medial
Japanese conglomerates and investment firms are increasingly investing in India, with a focus on financial services and new-age companies. Leading companies like Yes Bank and Avendus Capital Financial Services have attracted bids from large Japanese banks. Japanese trading firms Sumitomo Corp. and Marubeni Corp. are planning investments in renewable energy projects and industrial parks in India, respectively. Interest from Japanese firms in Indian transactions has grown this year, driven by factors such as access to high-growth markets and the attractiveness of India compared to China. Smaller firms, however, remain cautious due to past disputes and legal cases involving foreign investors in India.
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SBI denies report it is negotiating with SK Hynix, UMC on Japan chip plant
Economic Times
·
5m ago
Medial
SBI Holdings has refuted a newspaper report claiming it is in talks with South Korea's SK Hynix and Taiwan's UMC for a semiconductor plant collaboration in Miyagi, Japan. The report suggested potential partnerships on DRAM and automotive chips, but SBI clarified that this information is false. Previously, SBI announced dissolving a joint venture with Powerchip Semiconductor and expressed interest in partnering with other firms on chip-related ventures.
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Meet the 20 top-funded startups and tech companies in Hong Kong - StartupNews.fyi
Startup News FYI
·
1y ago
Medial
Below are the firms in Hong Kong drawing significant investor interest, equipped with ample resources to invest in software, talent, and expansion.
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South Korea to ask Telegram, other social media firms to help tackle digital sex crimes
Economic Times
·
11m ago
Medial
South Korean authorities are planning to request assistance from Telegram and other social media platforms to actively delete and block sexually explicit deepfake content. This comes after reports revealed sexually explicit deepfake images and videos of South Korean women were frequently found in Telegram chatrooms. The Korea Communications Standards Commission intends to establish a hotline for victims and double the number of regulatory personnel monitoring digital sex crimes. They also plan to form a consultative body to enhance communication with social media firms regarding the removal of sexual deepfake content.
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South Korea unveils $23 billion support package for chips amid US tariff uncertainty
Economic Times
·
3m ago
Medial
South Korea has increased its support package for the semiconductor industry to 33 trillion won ($23.25 billion) to counter rising competition and policy uncertainty from the U.S. and China. This includes enhancing financial assistance to 20 trillion won. The move aims to support companies facing global competition costs, particularly as South Korea's semiconductor exports significantly impact its economy. The government will also consult with the U.S. over tariff investigations to protect domestic companies.
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Trump team seeks to toughen chip controls over China: Reports
Economic Times
·
5m ago
Medial
The Trump administration is planning to tighten semiconductor restrictions on China, extending Biden's efforts to limit Beijing’s technology capabilities, Bloomberg News reports. U.S. officials met with Japanese and Dutch counterparts to potentially restrict engineers from Tokyo Electron and ASML from working on semiconductor equipment in China. Additionally, further limits on Nvidia chip exports to China are considered. The initiative aims for U.S. allies to align on restrictions similar to those on American chip firms.
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South Korean game company Krafton to acquire Japan's ADK for $516 million
Economic Times
·
1m ago
Medial
South Korean game company Krafton Inc, known for "PUBG: Battlegrounds," plans to acquire Japan's advertising and animation group ADK for approximately $516 million. This acquisition will involve purchasing ADK Holdings' parent company from Bain Capital Japan. ADK, a leading Japanese advertising company, has contributed to over 300 animations, including well-known titles like Doraemon and Yu-Gi-Oh! The partnership aims to blend ADK's animation expertise with Krafton's global gaming development capabilities.
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Vedanta explores tie-up with Japanese tech firms as it plans to set up chip plant
Economic Times
·
1y ago
Medial
Vedanta is reportedly exploring a potential partnership with Japanese tech firms as it plans to establish a chip plant. The company aims to reduce its dependency on Chinese imports and contribute to India's Electronics Manufacturing Scheme. Vedanta is in discussions with several Japanese firms, including Toshiba and Panasonic, to collaborate on technology and supply chain support for the chip manufacturing facility. This move aligns with India's mission to ramp up semiconductor production and reduce reliance on foreign imports.
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