➀ Renesas sold its RF component business to India's CG Power for $36 million; ➁ The acquisition is part of a larger investment in OSAT facilities in India, with a total investment of 7.6 billion rupees; ➂ The deal is expected to be completed in about six months, pending regulatory approvals.

➀ Apple is replicating its successful China manufacturing model in India, with vendors like Taiwanese Foxconn and Wistron, and Pegatron, achieving significant milestones in assembling the latest iPhone models; ➁ The Indian factories are expected to roll out more sophisticated iPhone 16 Pro and Pro Max models in a few weeks; ➃ This move marks the maturing of Indian manufacturing and a strategic extension of Apple's global supply chain.

➀ Experts highlight India's growing global role in manufacturing and services due to infrastructure upgrades, strategic positioning, and workforce dynamics; ➁ Harvard Kennedy School's Robert Lawrence praises India's infrastructure improvements and its geopolitical positioning; ➂ Axis Bank's Neelkanth Mishra notes a short-term economic slowdown but expects growth to improve; ➃ Mishra acknowledges limitations in replicating China's manufacturing boom but sees opportunities in the services sector; ➄ Sciences Po's Jean-Pierre Landau emphasizes India's demographic dynamism and potential in technology and finance.

➀ India is poised to become a major player in the semiconductor production market, with the first microchips expected to be produced by 2027; ➁ The US has been involved in this plan, with major companies like AMD, Nvidia, and Micron showing interest in producing chips in India; ➂ India's Commerce Minister Piyush Goyal highlighted the country's technological independence from China, emphasizing its expertise in the IT sector; ➃ Taiwan's TSMC, the world's largest contract semiconductor manufacturer, could play a role in India's efforts, despite potential competition; ➄ The Taiwanese company PSMC plans to build a factory in India to produce chips, marking a significant step in India's semiconductor industry.

➀ The UK Ministry of Defence has purchased the former Fujitsu fab in Newton Aycliffe for £20 million to produce GaAs ICs for military use. The facility will be renamed Octric Semiconductors UK. ➁ Hynix has started mass production of a 36GB 12-layer HBM3E memory, increasing capacity by 50% compared to the previous eight-layer product. ➃ Powerchip Semiconductor has abandoned its plan to build a fab in Japan and is now planning to build one in India.

➀ Dell'Oro reports a 10% YoY decline in global telecom capex in H1 2024; ➁ Operators are scaling back investments in 5G and fixed broadband due to factors like inventory build-up, weaker demand in key regions, and technology monetization challenges; ➂ Global carrier revenues are expected to grow at a 1% CAGR over the next three years.

➀ Cisco CEO Chuck Robbins indicates that India could be a potential location for fabless semiconductor manufacturing; ➁ The decision is based on India's strong technical talent pool and the country's growing importance in the global technology landscape; ➂ Cisco is exploring various options to expand its semiconductor business in India.

➀ Powerchip Semiconductor Manufacturing Corporation (PSMC) has shifted its focus from Japan to India for a new $10.9 billion semiconductor fab project; ➁ The decision follows the dissolution of PSMC's earlier planned project in Japan; ➂ The new fab will be built in Gujarat, India.

➀ Powerchip Semiconductor, the Taiwanese foundry, has abandoned its plan to build a fab in Japan in favor of constructing one in India. The company had previously entered into a partnership with SBI Holdings to build a 40k wpm fab in Sendai, Japan, starting with 40nm technology and moving to 28nm with volume production scheduled for 2027. The partnership has now been dissolved as Powerchip seeks to provide technology for a fab to be built in India by Tata. ➁ Last week, Indian Prime Minister Narendra Modi met with Natarajan Chandrasekaran, chairman of Tata, and Powerchip chairman Frank Huang, where PSMC expressed interest in expanding its presence in India. ➂ Powerchip and Tata have agreed to collaborate on a fab in Gujarat, India, with Tata providing the funding and Powerchip providing the process technology for PMICs and display drivers.

➀ Powerchip abandoned its plan to build a semiconductor factory in Japan; ➁ The company will provide technology to Tata Group's semiconductor factory in India; ➂ Powerchip's performance deterioration led to the cancellation of the Japan project; ➃ SBI will continue to seek new partners for the Miyagi factory; ➄ The new factory in India will use 300mm wafers to produce mature generation semiconductors for power management and display.

➀ A fire occurred in Tata Electronics' iPhone paint shop in Krishnagiri, Tamil Nadu, India, causing two employees to seek medical attention. The fire has been extinguished, and an investigation is underway. ➁ The incident occurred in a plant specializing in producing iPhone frames and metal parts. ➂ Tata Electronics is working with Apple to expand production capacity in India, aiming for 30% of iPhone production by 2025. ➃ The fire has raised concerns about the safety of manufacturing processes in the electronics industry.

➀ The Param Rudra supercomputer, named after Lord Shiva, is a significant development in India's scientific capabilities; ➁ It is designed to support scientific research and development in India; ➂ The supercomputer is expected to be operational by 2025; ➃ It features high-speed computing and advanced data analysis capabilities; ➄ The project is part of India's strategy to become a global leader in technology and innovation.

➀ Tokyo Electron is preparing for expansion in India, encouraged by Prime Minister Narendra Modi's policies to attract chipmakers; ➁ The company plans to increase its presence in India's semiconductor industry; ➂ The Indian government's incentives and the growing demand for semiconductors in the country are key factors driving Tokyo Electron's decision.

➀ Powerchip Semiconductor Manufacturing Corp. (PSMC) is withdrawing from plans to establish a chip plant in Japan due to financial constraints. ➁ PSMC has communicated its decision to SBI Holding, a Japanese financial services group. ➂ The agreement to build a facility in Miyagi prefecture, northeastern Japan, will be terminated.

➀ India's prime minister Narendra Modi dedicated three new supercomputers, known as 'PARAM Rudra'; ➁ The machines use local designs for servers, interconnects, and cooling, but do not feature the planned 96-core Arm CPU; ➂ The National Centre for Radio Astrophysics and the S.N. Bose Centre for Basic Sciences have revealed some details about their systems; ➃ The Inter-University Accelerator Centre has not disclosed the specifics of its machine, but has previously teased a three-petaflop machine using Intel Xeon 2nd Gen processors; ➄ A third generation of Rudra machines is planned to use a 96-core processor designed by India's Centre for Development of Advanced Computing.

➀ Powerchip Technology and Tata Electronics have signed a definitive agreement to build India's first 12-inch wafer factory in Gujarat with an investment of $11 billion; ➁ The factory will have a monthly capacity of 50,000 wafers and aims to create over 20,000 high-tech jobs; ➂ The factory will transfer mature process technology from Powerchip and train Indian employees.

➀ Electronics production in developed countries is showing slow growth or decline in 2024; ➁ Taiwan and South Korea have seen strong growth, driven by AI servers and smartphones; ➂ Vietnam and India are experiencing significant production growth, with Vietnam benefiting from Samsung's investment and India from multinational manufacturing; ➃ China remains dominant but growth has slowed as companies shift manufacturing overseas.

➀ ADI and Tata have signed an MoU to explore semiconductor manufacturing opportunities in India. ➁ The joint venture aims to establish a robust electronics manufacturing ecosystem for both domestic and global markets. ➂ Tata is investing $11 billion in a new fab in Dholera, Gujarat, and another $3 billion in a greenfield facility in Jagiroad, Assam. ➃ The companies plan to manufacture ADI products and explore opportunities in automotive components for energy storage solutions.

➀ Foxconn and HCL Technologies have secured land for a semiconductor plant in Uttar Pradesh, India; ➁ The joint venture has acquired a 30-acre plot in Noida; ➂ The plant is expected to be near the upcoming Jewar airport.

➀ Tokyo Electron and Tata Electronics announced a strategic collaboration for semiconductor equipment supply and workforce training; ➁ The partnership aims to build a dynamic ecosystem for timely execution of fab and advanced packaging factories; ➂ Tokyo Electron will train Tata Electronics' workforce on its equipment and support R&D initiatives; ➃ The collaboration is part of a growing trend of ecosystem companies setting up or expanding in India's semiconductor industry.