ISMC

Why is India keen on setting up chip units?Semiconductors are the life blood of modern electronics, and their demand is increasing exponentially. India, a large consumer of electronics, is importing almost all its…

A planned $3 billion (roughly Rs. 24,700 crore) semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner has been stalled due to the company's ongoing takeover by Intel, three sources…

The government is trying to lure companies in peripheral industries for semiconductor manufacturing to set up shop in the country to help make the Indian Semiconductor Mission a success.Government officials are meeting with representatives…

The Centre is likely to invite a “second round” of applications for semiconductor chip manufacturing in the country under the $10 billion incentive package, a person aware of the developments told ET. It is also in “advanced talks” with…

Mumbai-based ISMC Analog, one of the applicants under a government plan to set up semiconductor fabrication units in the country, is close to sealing a debt deal with a five-bank consortium led by State Bank of India (SBI) for its…

The central government is expected to decide by February which company would build, and which state would house, a semiconductor fabrication plant, said Karnataka's IT minister CN Ashwath Narayan. He was speaking at a curtain raiser on the…

BENGALURU: India’s ambition to have a semiconductor fab has moved a little closer to fruition. International semiconductor consortium ISMC Analog Fab signed an MoU with the Karnataka government on Sunday to invest $3 billion (Rs 22,900…

BENGALURU : International semiconductor consortium ISMC will invest $3 billion in India's southern Karnataka state to set up a chip-making plant, the state government said on Sunday.ISMC is a joint venture between Abu Dhabi-based Next…

Bengaluru: International semiconductor consortium ISMC said on Sunday that it would invest $3 billion in a semiconductor chip-making plant in Karnataka. This has given the southern state the lead in cornering investments under the Union…

International semiconductor consortium ISMC will invest $3 billion in India's southern Karnataka state to set up a chip-making plant, the state government said on Sunday. ISMC is a joint venture…