Connect with us

Technology

India’s emergence as a global chip manufacturing hub is not a distant dream, says industry leaders

Published

on

By

India’s emergence as global chip manufacturing hub no distant dream: Industry

New Delhi, March 1 (IANS) Top industry bodies have lauded the government’s approval of three semiconductor fabrication projects worth Rs 1.3 lakh crore. The Union Cabinet’s decision marks a significant step towards India emerging as a global semiconductor manufacturing destination.

The semiconductor fab with 50,000 wafers per month capacity will be set up by Tata Electronics Private Ltd (TEPL) in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan, in Dholera, Gujarat. This fab will be constructed with an investment of Rs 91,000 crore.

Pankaj Mohindroo, Chairman, India Cellular and Electronics Association (ICEA) stated, “By 2027, India will have the fab and Outsourced semiconductor assembly and test (OSAT) units producing.” He further added, “By the end of the decade, we may have more than 10 fabs and 20 OSAT units in production, besides many semiconductor product design companies.”

Advertisement

According to Lt Gen Dr SP Kochhar, Director General, Cellular Operators Association of India (COAI), the approval on the establishment of three semiconductor units under the India Semiconductor Mission is a positive and commendable development. Kochhar also mentioned that this move aligns with Prime Minister Narendra Modi’s vision of ‘Atmanirbharta’.

Furthermore, these semiconductor facilities are expected to boost India’s ‘Digital India’ mission by enhancing technological capabilities and advancing the indigenous industrial ecosystem. It is also anticipated to create employment opportunities and attract more investments in the country.

India has already established itself as a leader in chip design. With the approval of these semiconductor units, the country is set to develop capabilities in chip fabrication. This move signifies a significant milestone towards achieving self-sufficiency in semiconductor manufacturing and bolstering India’s position as a global manufacturing and supply chain hub.

Advertisement

IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

Technology

Mahindra introduces the new Bolero Neo+ with seating for nine, prices starting at Rs 11.39 lakh

Published

on

By

Mahindra unveils new nine-seater Bolero Neo+ starting at Rs 11.39 lakh

Mahindra & Mahindra Launches 9-Seater Bolero Neo+ Starting at Rs 11.39 Lakh

New Delhi, April 16 (IANS) – Mahindra & Mahindra unveiled the 9-seater ‘Bolero Neo+’ in two variants, the P4 and P10, with prices starting at Rs 11.39 lakh (ex-showroom). The P4 serves as the entry-level option, while the P10 is a more premium trim, offering durability, advanced features, and superior comfort.

Nalinikanth Gollagunta, CEO – Automotive Sector, Mahindra & Mahindra, stated, “With the launch of the Bolero Neo+, we are offering a promise of durability, advanced features, and superior comfort that enriches the driving experience for every family and fleet owner alike.” The new vehicle features signature Bolero elements like X-shaped bumpers, a front grille with chrome inserts, and an X-shaped spare wheel cover, along with side body cladding.

Advertisement

Powered by a 2.2-litre mHawk diesel engine with Micro-Hybrid Technology for fuel efficiency and performance, the Bolero Neo+ also comes equipped with advanced safety features such as ABS, dual airbags, child seats, engine immobiliser, and automatic door locks. The SUV boasts a 22.8 cm touchscreen infotainment system with Bluetooth, USB, and Aux connectivity, along with front and rear power windows, armrests, and generous boot space for comfort and practicality.

Continue Reading

Technology

New Asus Zenbook DUO dual-screen laptop launched in India

Published

on

By

Asus's new dual-screen laptop 'Zenbook DUO' now available in India

New Delhi, April 16 (IANS) Taiwanese tech giant Asus has announced the availability of its dual-screen laptop ‘Zenbook DUO’ in India. Priced starting at Rs 1,59,990, the Zenbook DUO can be purchased on e-commerce platforms, Amazon and Flipkart.

The Zenbook DUO, which features dual 14-inch FHD+ OLED touch screens with a 16:10 aspect ratio, offers a 0.2ms response time and 60Hz refresh rate. Arnold Su, VP, Consumer and Gaming PC, System Business Group, Asus India, mentioned, “With its revolutionary dual-screen OLED displays, detachable Bluetooth keyboard, and versatile kickstand, the Zenbook DUO redefines the boundaries of productivity and creativity.”

Weighing just 1.35 kg (1.65kg with a keyboard) and measuring 14.6 mm thin, the Zenbook DUO boasts a sleek all-metal design. It is powered by up to Intel Core Ultra 9 Processor 185H, with Intel Arc iGPU and Intel AI Boost NPU for exceptional performance.

Advertisement

The laptop offers an exhaustive port selection, including 2 x Thunderbolt 4 USB Type-C ports, USB 3.2 Gen 1 (Type-A), HDMI 2.1, and a 3.5mm combo audio jack, providing versatile connectivity options. Asus mentioned that the Zenbook DUO also comes equipped with a range of intuitive software features designed to enhance user experience.

The Zenbook DUO’s availability on e-commerce platforms in India has brought the latest dual-screen technology innovation from Asus to consumers, promising a new level of productivity and creativity for users in the country.

Advertisement
Continue Reading

Technology

AI startup Upstage raises $71 million to grow its global presence

Published

on

By

AI startup Upstage secures over $71 million to expand global footprint

Seoul, April 16 (IANS) Artificial intelligence (AI) startup Upstage secured 100 billion won ($71.7 million) from investors in a bid to expand into the global generative AI market. New investors, including Korea Development Bank, KT Corp., and Mirae Asset Venture Investment Co., joined the funding round, along with existing investor SBVA.

Upstage had previously raised 31.6 billion won in Series A financing in 2021. Co-founder and CEO Sung Kim announced plans to use the funds to grow business operations in the United States, Japan, and Southeast Asia. The company launched “Document AI” and “Solar” LLM model last year, with a successful 10 billion won deal in the first quarter of 2022.

The funding rounds aim to position Upstage as a key player in the global generative AI market, working with IT infrastructure companies and meeting LLM demands in multinational firms. This move follows the company’s successful launch of digitalization solutions for corporate documents, solidifying its presence in the industry.

Advertisement

The latest investment round signifies a vote of confidence in Upstage’s innovative AI solutions and growth potential. With a strong financial backing and strategic partnerships, the company is poised to expand its reach and compete on a global scale, driving advancements in the AI industry.

Overall, Upstage’s successful funding round underscores the growing demand for AI technologies and the company’s commitment to innovation in the evolving digital landscape. With ambitious plans for expansion and product development, Upstage is set to make significant strides in the competitive AI market.

Advertisement
Continue Reading

Trending