India’s Rapid AI Adoption Surges to 30%, Outpacing Global Average of 26%: BCG Report
India's AI adoption rate has surged to 30%, outpacing the global average of 26%, as highlighted in a recent BCG report.
Category International
The semiconductor industry’s news holds immense significance due to its pervasive influence on modern technology. From smartphones and computers to automotive and medical devices, semiconductors are integral to numerous products and sectors worldwide. Staying updated on international semiconductor news allows businesses and consumers to understand market trends, product developments, and potential disruptions in supply chains, impacting global industries.
$110 million: L&T Technology Services (LTTS) Strengthens Digital Expertise with Intelliswift Acquisition
L&T Technology Services (LTTS) has acquired California-based Intelliswift in a $110 million deal aimed at enhancing its digital engineering offerings.
TSMC’s 2nm Setback Opens the Door for Samsung to Dominate the US Chip Market
Taiwan’s regulations prevent TSMC from producing 2nm chips outside Taiwan, delaying its US expansion.
Samsung Accelerates 2nm and 1.4nm Expansion Plans Despite 3nm Setbacks
According to a report from Business Korea, the company is installing new equipment at its Hwaseong plant to establish a 2nm production line. The company also intends to launch a 1.4nm line at its Pyeongtaek 2 plant in 2025.
$3 Million: Powerex Set to Receive Boost Under CHIPS Act for Expansion
The $3 million federal investment in Powerex is a significant step toward boosting semiconductor manufacturing in the U.S.
TSMC 4% Price Hike on 3nm and 4nm process nodes to Impact Android Flagship Prices in 2025
TSMC will raise the prices for its N3 and N4 nodes by 4%.
$3.2 Billion: TEPCO to Invest in Power Grid to Meet Growing AI and Data Center Demand
By 2030, TEPCO will have made substantial upgrades to its grid, including the construction of 18 new, large-scale substations across the country.
₹3,706 Crore: Uttar Pradesh Greenlights Semiconductor Project by HCL Tech and Foxconn
Uttar Pradesh government has greenlit a ₹3,706 crore project by HCL Technologies and Foxconn.
Foundries Report Mixed Q3 Results as Intel and Samsung Struggle, GlobalFoundries and UMC Remain Profitable
Intel and Samsung reported losses in Q3 2024 as challenges in advanced nodes and restructuring efforts weighed heavily on their foundry businesses.
Intel Names Navid Shahriari as Long-Term Successor to Technology Development Chief Ann Kelleher
Intel announces Navid Shahriari as the successor to Ann Kelleher, its technology development chief
