🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Semiconductor Major NXP To Invest $1 Bn In India To Expand R&D
Inc42
·
11m ago
Medial
NXP CEO, Kurt Sievers, has stated that the planned capital infusion will be used to enhance the company's research and development initiatives. Sievers also revealed that NXP is in discussions with Indian automotive and other sector companies to expand its partner network. This announcement coincides with Indian Prime Minister Narendra Modi's announcement of a special reserve fund of INR 1 lakh crore to promote innovation in the semiconductor industry.
View Source
Related News
Semicon company NXP to invest Rs 8,400 crore for R&D in Karnataka
Economic Times
·
8m ago
Medial
Dutch semiconductor company NXP has announced plans to invest a significant portion of Rs 8,400 crores ($1 billion) over the next five years in research and development (R&D) in Bengaluru, India. The investment was confirmed during a roadshow in the Netherlands to attract investments for the state of Karnataka. The state's large and medium industries minister highlighted Karnataka's importance in advancing global R&D capabilities to NXP executives. The roadshow also involved discussions with companies such as Phillips, Signify, and Heineken, encouraging them to invest and expand their presence in Karnataka.
View Source
California Democrats urge US president Joe Biden not to scrap chips R&D funding
Economic Times
·
1y ago
Medial
California Governor Gavin Newsom and Senator Alex Padilla are urging the Biden administration to reverse its decision to cancel a subsidy program for semiconductor research and development facilities. The program, funded by the Chips and Science Act, was scrapped due to overwhelming demand for funding awards to subsidize chip production. Newsom and Padilla argue that without robust support for commercial R&D, the US risks losing global leadership in the semiconductor industry. They are calling on the Department of Commerce to reconsider its decision and invest in commercial R&D to support domestic semiconductor manufacturing.
View Source
Centre eyes dedicated R&D wing under semicon research centre
Economic Times
·
1y ago
Medial
The Indian government plans to establish a dedicated research and development (R&D) wing under the India Semiconductor Research Centre (ISRC), with a focus on semiconductor research for industrial production. This initiative aims to foster an intellectual property-driven manufacturing ecosystem and involve both the private and public sectors in semiconductor R&D. The ISRC will concentrate on developing next-generation semiconductors, packaging, systems technologies, processes, and materials. Further details of the scheme will be announced after the general elections in June, and the dedicated R&D center might eventually become an independent entity.
View Source
Indian semiconductor market may grow over two-fold to Rs 9.6 lakh crore by 2030 - The Economic Times
Economic Times
·
8d ago
Medial
India's semiconductor market is projected to grow significantly, reaching $100-110 billion by 2030 from $38 billion in 2023, driven by government initiatives and industry commitments. The global semiconductor market is expected to hit $1 trillion by 2030. India's potential includes producing semiconductor equipment components and R&D services. The government launched the India Semiconductor Mission with Rs 76,000 crore to support manufacturing, design, and fostering global partnerships, positioning India as a trusted global supply chain partner.
View Source
Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru
Inc42
·
10m ago
Medial
Foxconn and Stellantis' joint venture, SiliconAuto, has established an R&D center in India to develop semiconductor solutions for electric vehicles, autonomous driving, and connected car technologies. The center will serve as a hub for advanced R&D, semiconductor product design, and system-on-a-chip (SoC) development. The move reflects the growing importance of semiconductors in the automotive industry and aims to cater to the semiconductor needs of Foxconn and Stellantis.
View Source
NXP to double its India workforce to 6,000+ in five years
Economic Times
·
11m ago
Medial
Dutch chip manufacturing company NXP Semiconductors plans to double its workforce in India to over 6,000 employees within the next five years. The company also intends to invest $1 billion in research and development efforts in India, with a focus on hardware and software innovations, including a recent 5-nanometer chip launch for the automotive sector. Additionally, NXP Semiconductors aims to collaborate with Indian colleges to train and hire talent, particularly women, and expand its offerings to include complete system solutions by working directly with original equipment manufacturers.
View Source
Ericsson to expand R&D base in India, focuses on AI, 6G development
YourStory
·
10m ago
Medial
Swedish telecom gear manufacturer Ericsson plans to expand its research and development (R&D) base in India. The company is focusing on AI, Gen AI, and Network APIs at its R&D centers in Chennai, Bengaluru, and Gurugram. With India being a key market, Ericsson aims to invest in 6G, network APIs, and artificial intelligence. The R&D teams will develop programmable/API capabilities to enable advanced use cases, including fraud detection, device management, and security. India is considered a frontrunner in 5G technology adoption, with extensive infrastructure development. Ericsson has already partnered with leading Indian telcos for their 5G rollout.
View Source
Applied Materials says Bengaluru chipmaking centre to rake in $2 billion
Economic Times
·
1m ago
Medial
Applied Materials India is establishing a chip-making center in Bengaluru, expecting to attract over $2 billion in future investments. This initiative follows the Karnataka government's approval of three semiconductor projects. The company will invest $400 million in building the facility by creating an Innovation Center for Semiconductor Manufacturing, aimed at fostering technological advancement and high-tech job opportunities. An R&D lab focused on cutting-edge equipment technology will enhance India's global role in the semiconductor ecosystem.
View Source
Govt Mulls Separate Semiconductor R&D Unit With Short Project Timelines
Inc42
·
1y ago
Medial
The Indian government is considering the establishment of a dedicated research and development (R&D) centre for semiconductors. The proposed India Semiconductor Research Centre (ISRC) aims to focus on semiconductor research that can quickly be put into industrial production. The R&D centre would operate separately from other research activities and could potentially evolve into an independent entity. The detailed plans for the initiative are expected to be revealed after June's general elections. The semiconductor industry in India is experiencing significant growth and is projected to reach a market value of $55 billion by 2026.
View Source
Renesas-CG Power venture likely to roll out first chip by mid-2026, says Hidetoshi Shibata
Economic Times
·
3m ago
Medial
Japanese semiconductor firm Renesas Electronics aims to launch its first chip from a joint venture with CG Power and Stars Microelectronics by mid-2026, in a Rs 7,600-crore plant in India. Expected mass production will commence in 2027. Renesas is optimistic about India’s semiconductor industry, planning to expand its R&D centers and partnerships. Emphasizing intellectual property development, Renesas sees significant prospects in electric vehicles and healthcare electronics, supporting India's growing electronics manufacturing sector.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
