Tag: electronics manufacturing
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
LG to Invest ₹1,000 Crore in Global R&D Centre in Noida
In a major boost to India’s technology and innovation landscape, South Korea’s LG Corporation has announced an investment of ₹1,000 crore to establish a...
Foxconn to Invest ₹15,000 Cr in Tamil Nadu
In a major boost to India’s electronics manufacturing ecosystem, Foxconn, the world’s largest contract electronics maker, has pledged a ₹15,000 crore investment in Tamil...
QWR and Kaynes Partner to Build India’s First XR Manufacturing Hub
In a major boost to India’s deep-tech and manufacturing ecosystem, QWR Interactive Solutions and Kaynes Technology India have announced a strategic partnership to establish...
Optiemus, Ordinary Theory Launch JV for Smart Hardware
In a major boost to India’s smart manufacturing ecosystem, Optiemus Infracom Limited has announced a joint venture (JV) with US-based Ordinary Theory LLC to...
ARM Opens 2nm Chip Design Centre in India
India’s semiconductor ambitions took a major step forward with the launch of a new ARM design centre in Bengaluru. Inaugurated by Union Minister Ashwini...
Tata Electronics, BEL Sign Strategic Semicon MoU
Tata Electronics and Bharat Electronics Limited (BEL) have signed a Memorandum of Understanding (MoU) to jointly develop indigenous electronics and semiconductor solutions that support...
Cabinet Approves ₹3,706 Cr HCL-Foxconn Chip Unit
The Union Cabinet has approved a ₹3,706 crore investment proposal by the HCL Group and Foxconn for setting up a semiconductor chip assembly and...
Dixon, Tata Electronics Gear Up for India’s ₹22,919 Cr ECMS
Dixon Technologies, a leading electronics manufacturing services (EMS) company, is set to enter the electronics component manufacturing space, initially focusing on captive requirements before...
India Rolls Out ₹22,919 Cr Scheme for Electronics Components
The Government of India has unveiled the Electronics Component Manufacturing Scheme (ECMS), a ₹22,919 crore initiative designed to strengthen India’s electronics manufacturing capabilities and...
VVDN Boosts India’s Electronics Drive
Union Minister Ashwini Vaishnaw inaugurated VVDN Technologies’ advanced Surface Mount Technology (SMT) Line and Mechanical Innovation Park at its Global Innovation Park in Manesar,...
India Beats China on Smartphone Export Tariffs
India’s smartphone and electronics export sector has received a major boost as the United States excluded several consumer electronics from its reciprocal tariff list,...
Chhattisgarh Gets First Semiconductor Plant
In a major boost to India’s semiconductor ambitions, Chennai-based Polymatech Electronics has announced the establishment of a ₹1,143 crore Gallium Nitride (GaN) semiconductor manufacturing...
