We are the fastest growing digital economies, except for China and South Korea and are encouraging companies to move supply chain to India, said Chandrasekhar India is looking at a target of becoming a $300 billion electronics industry, he said Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, said that India s push for tech sector manufacturing will create nearly 5 million jobs in the next three years

Publication: The Times of India

Dharmendra Pradhan, union minister, Education, Skill Development and Entrepreneurship has signed eight Memorandum of Understandings (MoUs) between agencies of Ministries of Education and Skill Development and Entrepreneurship and IBM and delivered a keynote address on this occasion, according to an official release.

Publication: Financial Express

Small businesses that embrace AI and cloud enabled technologies in India are expected to unlock up to Rs 1 6 trillion in annual productivity gains and support 45 9 million jobs by 2030, a new report showed on Thursday

Publication: The Times of India

In A Move that could boost its semiconductor capabilities, Capgemini acquired HDL Design House, a leading inde- pendent provider of silicon design and verification services in Europe

Publication: The Financial Express

The generative AI platform ChatGPT can now fetch data directly from the internet and gather up-to-date information in real-time, its creator OpenAI said Wednesday, in a major milestone for the software. Until now, ChatGPT’s responses to user queries were based on a vast database, which did not contain information from after August 2021.

Publication: The Economic Times

The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK Hynix on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday.

Publication: The Economic Times

In an era characterised by rapid technological advancements, the way we work, manage talent and handle sensitive employee data is undergoing a profound transformation. Amid this digital evolution, blockchain technology has emerged as a groundbreaking force with the potential to reshape HR processes.

Publication: The Economic Times

The first phase of global data center leader NTT s hyperscale hub in the city will be operational in the next six months from March 2024 as it aims to ramp up its national capacity to 400 MW in the next four years, its top official said on Tuesday.

Publication: The Economic Times

Meta Platforms Inc., which runs social media platforms Facebook, Instagram and WhatsApp, is working to comply with India s recently enacted Digital Personal Data Protection (DPDP) Act within the proposed timeframes.

Publication: Live Mint

Digital services and consulting major, Infosys on Wednesday launched Infosys Cobalt Airline Cloud (ICAC) a first of its kind industry cloud offering designed for commercial airlines to help them accelerate their digital transformation journey.

Publication: Business World

In a strategic initiative to reduce India s dependency on semiconductor imports, the Ministry of Electronics and Information Technology (MeitY) is looking to form partnerships with commercial and technological experts.

Publication: Business Standard

The government is likely to propose a penalty of up to Rs 500 crore for violating provisions of the Digital India Bill, according to sources. Under the proposed bill, the Centre may authorise any government agency to monitor and collect traffic data generated, transmitted, received or stored in any digital system to enhance cyber security.

Publication: The Indian Express

But the Idaho based chipmaker forecast a wider than expected first quarter loss as it prepares to ramp up production of new product lines. Shares were down 0.4% in after hours trading after the results.

Publication: The Print

Dutch semiconductor equipment maker ASML plans to set up a base in Japan s northern island of Hokkaido to support production at a chip plant for Japanese startup Rapidus, the company said on Tuesday.

Publication: The Economic Times

Importers of laptops, tablets, and other IT hardware will need to apply for fresh registration annually as part of the government s new import monitoring system, according to industry sources.

Publication: Business Standard

Legal experts are raising concerns about the demands placed on online gaming and gambling companies in India, totaling over Rs 1 lakh crore (1 trillion), for goods and services tax (GST). They believe these notices may not withstand legal scrutiny due to several reasons including the retrospective nature of the tax demands.

Publication: The New Indian Express

The Commerce Ministry’s Directorate General of Foreign Trade (DGFT) has opened applications for registering companies wishing to import IT hardware such as laptops and tablets, The Economic Times (ET) reported on Wednesday.

Publication: Pudhari

In an era defined by data driven decisions and always on businesses, the next generation data centre is poised to be a crucible of innovation and efficiency. As the digital landscape evolves and organisations grapple with unprecedented data growth and processing demands, the spotlight is firmly on storage solutions that can redefine the boundaries of speed, reliability, and sustainability.

Publication: Express Computer

Tata Projects announced a strategic partnership with Micron Technology to undertake the construction of an advanced semiconductor assembly and testing facility in Sanand, Gujarat. In a press release, Tata Projects emphasised that securing this contract underscores the company s expertise in executing largescale, sustainable infrastructure projects within the Indian manufacturing sector.

Publication: Construction World

Speaking on the right skills required for India to become a semiconductor and generative AI hub, Omkar Goswami, Founder and Chairperson, CERG Advisory Pvt Ltd stated, One of the reasons why companies have been slow to invest in the semiconductor scheme is because right now you don t have an ecosystem. You don t have people with skill sets. You don t have the skill sets to start a large semiconductor facility.

Publication: Business Today

In a major development, Tata Projects has bagged the contract for constructing Micron Technology s upcoming semiconductor assembly and test plant, at Sanand, Gujarat.

Publication: First Post

With its massive population of 1.3 billion, India has been experiencing a digital revolution. India s average data consumption per user rose to 19.5 GB in 2022 versus 9.5 GB in 2018, as per the annual Mobile Broadband Index (MBiT) released by Nokia.

Publication: Express Computer

On the other hand, generative AI unlocks innovation and creativity by generating new ideas, designs, and content. In this article, we will delve into the rise of machine learning, explore the potential of generative AI, and discuss their applications, benefits, challenges, and ethical considerations in business.

Publication: Express Computer

Contract chipmaker GlobalFoundries (GF) has reportedly submitted its applications for funding under the US CHIPS act in an attempt to expand its capacity and modernise the local manufacturing facilities, according to a media report on Monday.

Publication: Business World

Dutch semiconductor equipment maker ASML plans to set up a base in Japan s northern island of Hokkaido to support production at a chip plant for Japanese startup Rapidus, the company said on Tuesday.

Publication: The Print

The top four factors that are contributing to the overall loss of control as an increase in the overall number of applications (66%), an increase in locations for applications (62%), the shift from on premise to cloud (54%), and the shift to remote/hybrid workforces (49%).

Publication: The Economic Times

NetApp, a global data storage and solutions major, expects India to emerge as its largest market in Asia, riding on the country s strategic advantage of economic strength and young population.

Publication: The Financial Express

Electronics majors like Apple, Samsung, Lenovo, HP, who have set up their manufacturing bases in the country, either directly or through contract manufacturers, will not be subjected to any fixed timeline to increase domestic value addition.

Publication: The Financial Express

India is loosening its planned restrictions on imports of laptops, tablets and other IT hardware, giving manufacturers such as Apple Inc., HP Inc. and Dell Technologies Inc. more time to prepare for potential curbs.

Publication: Deccan Herald

The Indian government has unveiled its import management system to IT hardware companies like Apple, Dell, and HP. Starting from November 1, these companies will need to register and provide information about their imported electronic hardware, such as laptops and personal computers, according to a report by The Indian Express.

Publication: Business Today

There’s near consensus around the world today that AI, especially in its recent gen AI avatar, is simply too powerful to ignore. Not just for companies and technologists, but more importantly, for countries.

Publication: The Times of India

Infosys said on Tuesday it is collaborating with Microsoft to jointly develop industry solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organisations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries.

Publication: Business Standard

The US Commerce Department had said in August more than 460 companies expressed interest in winning government semiconductor subsidy funding in a bid to boost the country s competitiveness with China s science and technology efforts.

Publication: ET Telecom

The central government has demoed its import management system to IT hardware companies including Apple, Dell and HP starting November 1, the system will require companies to register and disclose data related to their imports, countries from which they import electronics hardware like laptops and personal computers, and domestic sales value, The Indian Express has learnt.

Publication: The Indian Express

US based Micron Technology broke grounds for its about Rs 22,500 crore (US$ 2.75 billion) chip assembly and test facility in Gujarat on September 23, 2023. At the ceremony, the Union IT Minister Ashwini Vaishnaw said that India has embarked upon its journey to become a semiconductor hub.

Publication: Sme futures

Samsung Electronics plans to start making laptops in India next month, two people aware of the development said, providing a boost to the government s push for domestic production through a mix of financial incentives, tax breaks and import curbs.

Publication: Live Mint

Top global technology hardware brands have intensified talks with local companies that applied for the revised production linked incentive (PLI) scheme to set up an ecosystem for making notebooks, desktops, and servers in India and helping achieve the federal goal of 70% local output in three years for these items.

Publication: ET Telecom

India is loosening its planned restrictions on imports of laptops, tablets and other IT hardware, giving manufacturers such as Apple Inc., HP Inc. and Dell Technologies Inc. more time to prepare for potential curbs.

Publication: NDTV

As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI scheme with a commitment to produce personal computers, laptops, tablets, servers, and other equipment worth Rs 4.65 lakh crore during the scheme period.

Publication: Business Standard

The segment’s sales potential is considered vast by market analysts, although its trajectory will depend on various factors like raw material availability and how these chips ascend the performance curve. By way of strategy, a niche focus makes sense.

Publication: MINT

The government has given big technology companies such as Meta and Google an opportunity to come back with a proposal on how to implement the age-gating provision for children under the Digital Personal Data Protection (DPDP) Act, 2023, minister of state for IT Rajeev Chandrasekhar told ET.

Publication: The Economic Times

Industry experts said Samsung’s local production plans would remain small compared to rivals such as HP, Lenovo and Dell, the top three companies in the Indian laptop market. “Samsung is a very small player in PC/notebook.

Publication: MINT

India is loosening its planned restrictions on imports of laptops, tablets and other IT hardware, giving manufacturers such as Apple Inc., HP Inc. and Dell Technologies Inc. more time to prepare for potential curbs.

Publication: Deccan Herald

With generative AI emerging as one of the next big frontiers in human machine collaboration, bringing both challenges and opportunities to the technology services industry, its complete potential is yet to be fully understood. nasscom today came out with a report along with McKinsey & Company as knowledge partner, on generative AI s impact on technology services, titled Harnessing the Power of Generative AI: Opportunity for Technology Services, which sheds light on how generative AI unlocks multiple opportunity pools for technology services across new offerings and existing services.

Publication: Times Tech

US Memory chip maker Micron Technology Saturday initiated the construction of its semiconductor packaging plant in Gujarat, India’s first such facility which is expected to spur the country’s chip manufacturing ambitions.

Publication: The Indian Express

Two big semiconductor proposals are under process and expected to take shape in the coming few months, Union minister Ashwini Vaishnaw said on Saturday.

Publication: Millennium Post

Google also gave Bard the ability to search YouTube, Google Maps and a few other Google services, and it introduced a tool that would let users fact-check Bard’s responses.

Publication: The Economic Times

How big are you betting on AI in context of investments? Could you explain where and how these will happen? We are investing approximately $600 million over three years in AI. This would broadly come under three buckets.

Publication: Business Standard

The government has decided to focus on “niche” opportunities in the semiconductor space, including chips based on gallium nitride or silicon carbide (also called compound semiconductors), where it believes it can quickly emerge as a “global leader”.

Publication: Business Standard

The government may scrap its directive asking for a mandatory licence to import laptops, all-in-one personal computers, and tablets. According to industry sources, during a meeting with industry stakeholders, the government said companies will only need to register on a portal to import these items.

Publication: The New Indian Express

The government has invited bids from Indian and global companies with technological and operational expertise to modernise the Semiconductor Lab in Mohali.

Publication: The Economic Times

The government has so far approved seven startups. In order to make room for startups to train AI models, the government is planning a major graphics processing unit (GPU) cluster under the India AI programme.

Publication: The Financial Express

The Setting Up of two more, large semiconductor projects will be finalised in the next few months, communications and IT minister Ashwini Vaishnaw said on Saturday.

Publication: The Financial Express

Micron Technology has selected Tata Projects to build their new semiconductor assembly and test facility in Sanand near Ahmedabad.

Publication: The New Indian Express

The government is already enthused by the participation of companies such as Dell, HP, Asus and Acer in the PLI scheme as they have indicated willingness to source locally and make within India.

Publication: The Times of India

As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI scheme with a commitment to make personal computers, laptops, tablets, servers and other equipment worth Rs 4.65 lakh crore during the scheme period.

Publication: Free Press Journal

HP, Lenovo While HP works with Flex to produce IT hardware for consumers and businesses, Lenovo has a plant in Puducherry with three flexible assembly lines to make its full consumer and commercial range.

Publication: The Economic Times

The government will notify the list of the approved companies within a week. Companies like HP, Dell, Lenovo, Thomson, Acer, and Asus, among 40 others last month submitted their plans to locally manufacture laptops, personal computers (PCs) and servers, either directly or through contract manufacturers.

Publication: The Indian Express

Around 30 out of 40 applicants are expected to qualify for ~17,000-crore production linked incentive (PLI) scheme for IT hardware, according to a government official. As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI scheme with a commitment to make personal computers, laptops, tablets, servers and other equipment worth ~4.65 trillion during the scheme period..

Publication: Business Standard

The licensing regime, announced abruptly on August 3, aimed to “ensure trusted hardware and systems” enter India, reduce dependence on imports, boost local manufacturing and in part address the country’s trade imbalance with China.

Publication: The Hindu

The US state of Arizona is in talks with Taiwanese chipmaker TSMC on advanced packaging, state governor Katie Hobbs said on Tuesday, which is crucial for the manufacturing of artificial intelligence (AI) chips

Publication: The Economic Times

Cloud major Oracle has announced the addition of generative AI powered capabilities within its Fusion Cloud Customer Experience (CX), as it bets big on AI driven Cloud solutions across its portfolio.

Publication: Zee Business

Continental Device India Pvt. Ltd (CDIL), India s oldest surviving semiconductor company is contemplating the possibility of establishing its own fabrication facility (fab) in India in the long term, provided the necessary supportive ecosystem emerges within the country.

Publication: First Post

Research firm TechInsights, which examined the Mate 60 Pro, found that it was powered by a new Kirin 9000S, an advanced chip it said was most likely made in China by China’s top chip foundry, Semiconductor Manufacturing International Corp (SMIC).

Publication: The Indian Express

Swedish telecom gear maker Ericsson and Google Cloud have expanded their partnership to develop a platform that will help telecom operators optimise their Radio Access Network (RAN) infrastructure while also enabling automation and orchestration using artificial intelligence (AI) and machine learning (ML).Google Cloud will build the vendor s Cloud RAN platform on Google Distributed Cloud (GDC).

Publication: The Economic Times

ndia s manufacturing success in the global arena over the past five years has been notable and it has emerged as a winner, as per a study by BCG , quoted in an ET report. During this period, Indian exports to the US surged by $23 billion, marking a 44% increase from 2018 to 2022.

Publication: The Times of India

The US should invest more in cutting edge semiconductor packaging to ensure it leads in emerging technologies such as artificial intelligence, Cadence Design Systems Inc. Chief Executive Officer Anirudh Devgan said

Publication: The Economic Times

The Directorate General of Goods and Services Tax Intelligence (DGGI) has upped the quantum of alleged tax evasion by online gaming companies to nearly Rs 31,000 crore. Official sources told BT TV that the authorities are in the process of sending show cause notices, adding that they suspect around 80 online gaming companies to be involved in this.

Publication: Business Today

Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile phones in 202021, a senior government official said.

Publication: The Economic Times

However, one thing is certain: We will not grant two years or 18 months of time as demanded by industry representatives, said Rajeev Chandrasekhar, Minister of State for Electronics and IT.

Publication: The New Indian Express

Broadcom is seen as the secondbiggest winner from the generative AI boom after Nvidia , however, AMD has also been investing in developing AI chips.The news comes as Google is reportedly working to fullydevelop its own Tensor chips for Pixel phones. The plans to ditch Samsung and move to TSMC were reportedly postponed for a year after the search giant reportedly missed the bus to include it in 2024 s Pixel 9 series.

Publication: The Times of India

Real estate giant Hiranandani-Group owned Tarq Semiconductors has submitted revised proposals for an Assembly, Testing, Marking and Packaging (ATMP) facility and a compound semiconductor unit, along with a few more companies, official sources told ET. The proposals are being studied currently.

Publication: The Economic Times

The chair of the U.S. House of Representatives committee on China is planning to meet with a semiconductor industry group to express concerns over U.S. investments in China s chip industry, according to a source familiar with the matter.

Publication: The Economic Times

Micron Technology is scheduled to break ground for its semiconductor testing and assembly plant in Gujarat s Sanand on Saturday, barely three months after the US chipmaker announced its intent to set up the unit. The whole world is watching our semiconductor programme, IT minister Ashwini Vaishnaw told ET.

Publication: The Economic Times

Micron Technology is set to break ground on its $2.75 billion semiconductor testing and assembly plant in Gujarat’s Sanand, just three months after announcing the project. This marks the largest investment under the India Semiconductor Mission (ISM), with Micron contributing $825 million, and the rest covered by subsidies.

Publication: Manufacturing Today

India’s shipments of PCs, including desktops, notebooks, and tablets, declined by 15% yearonyear in Q2 2023, according to research firm Canalys. Notebook shipments fell by 12% to 2.3 million units, while desktops dropped by 17% to 764000 units.

Publication: The New Indian Express

A Huawei Technologies unit is shipping new Chinese made chips for surveillance cameras in a fresh sign the Chinese tech giant is finding ways around four years of US export controls, two sources briefed on the unit s efforts said

Publication: The Times of India

Inviting training partners and India Inc to collaborate with the government on the Prime Minister s Kaushal Vikas Yojana 4.0, a top official on Wednesday said the Centre is keen on having a RecruitTrainDeploy model for its flagship skilling scheme.

Publication: Business Standard

Over the years, the size of transistors in chipsets has kept shrinking, allowing technologists to pack in more transistors and hence more power. 7 nm and lower sized transistors have been used only in advanced applications, such as 5G phones in the U.S. or for enabling AI in warfare. The U.S. s geopolitical partner Taiwan s TSMC is a supplier of such chipsets. South Korea, another of U.S. s allies, is also a source of advanced semiconductors.

Publication: The Hindu

According to the United Kingdom s competition watchdog, there is a real risk in the artificial intelligence (AI) industry. The AI industry could develop in a way that could end up with only a few firms dominating the market while consumers are bombarded with harmful information, stated Cointelegraph.

Publication: Financial Express

During its third annual Intel Innovation event, Intel revealed a range of new technologies In a keynote aimed at developers to kick off the event, Gelsinger emphasised the significance of developers in advancing the Siliconomy, which is a flourishing economy made possible by the combination of silicon and software

Publication: The Times of India

Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile phones in 202021, a senior government official said. The company had claimed a PLI incentive of Rs 900 crore.

Publication: Business Standard

Recently, as many as 40 companies, including big names like Foxconn Group, HP, Dell and Lenovo, applied for incentives under India’s Production Linked Incentive (PLI) IT hardware scheme for manufacturing laptops, PCs and servers. Last month, Foxconn also said it sees the potential of investing several billions of dollars in India if it gets to completely implement its plan.

Publication: Business Insider

The government will start putting in place rules for compliance in the next few days and most of the rules for the Data Protection Board will be ready in 30 days, Rajeev Chandrasekhar said MSMEs and early stage startups may be granted exemption and will not come under the purview of the DPDP Act immediately, the minister said Under the Digital Personal Data Protection Act, the Digital Protection Board will monitor compliance with the Act and impose penalties for violations

Publication: Inc 42

Raghavan says watsonx code assistant uses AI to support application modernisation and IT automation. Take the case of IBM’s Z mainframe. Z is a family name used by the company for all of its z/Architecture mainframe computers.

Publication: The Times of India

Once we receive submissions from industry stakeholders, we will make a decision regarding the transition period for companies. However, one thing is certain: We will not grant two years or 18 months of time as demanded by industry representatives,” said Rajeev Chandrasekhar, Minister of State for Electronics and IT.

Publication: The New Indian Express

Major consulting and Big Four firms are locked in a race to develop AI-driven solutions in an effort to meet the growing demand from clients eager to harness the disruptive potential of emerging technology and to enhance the speed and quality of their own consulting services.

Publication: The Economic Times

Germany’s Saxony state signed an agreement with Taiwanese chip giant TSMC on Tuesday to train German students in an effort to meet the growing demand for workers in the semiconductor sector.

Publication: The Economic Times

Foxconn has been rapidly expanding its presence in India with sizeable investments. Most recently, it has been reported that the Taiwanese firm will manufacture Apple s latest iPhone 15 model here.

Publication: The Economic Times

CDIL Semiconductors (Continental Device India) has said it will be adding new semiconductor packaging lines via the IT ministry s SPECS scheme, as the semiconductor chips and components manufacturer looks to bolster annual capacity by 100 million units with the new lines.

Publication: ET Telecom

CDIL Semiconductors (Continental Device India), India s first semiconductor chips and components manufacturer, will be adding new semiconductor packaging lines via the government of India and MeitY s SPECS scheme.

Publication: The Financial Express

Supermicro Inc., a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, is announcing the AMD based Supermicro H13 generation of WIO Servers, optimized to deliver strong performance and energy efficiency for edge and telco data-centers powered by the new AMD EPYC 8004 Series processors.

Publication: ANI News

The report also claimed that TSMC has no plans to build packaging facilities in the US due to the huge costs involved. The production in TSMC Arizona factory is scheduled to begin in 2024. The Taiwanese chipmaker s second fab is scheduled to begin production of 3nm process technology in 2026.

Publication: Gadgets Now

Micron Technology is scheduled to break ground for its semiconductor testing and assembly plant in Gujarat’s Sanand on Saturday, barely three months after the US chipmaker announced its intent to set up the unit.

Publication: The Economic Times

Raghavan says watsonx code assistant uses AI to support application modernisation and IT automation. Take the case of IBM’s Z mainframe. Z is a family name used by the company for all of its z/Architecture mainframe computers.

Publication: The Times of India

As a child, Kirankumar Savandaiah loved fixing anything that was broken. Over the years, his passion endured, and today this Bengaluru boy has graduated to fixing big problems in the world of semiconductors. At Applied Materials, where he is director of engineering, he has been recognised as ‘Innovator of the year’ every year since 2014.

Publication: The Times of India

Following the acquisition of Wistron’s iPhone manufacturing facility in Kolar, Tata Semiconductor Assembly and Test is set to establish an Assembly, Testing, Marking, and Packaging (ATMP) plant, with a £23 million investment. This move aligns with the Karnataka government’s initiatives to boost industrial development in the region, and it is expected to create job opportunities for 155 individuals.

Publication: Manufacturing Today

While China s trade conflicts with the West over semiconductors pivot on national security and technological innovation, the dispute over cosmetics is largely about money I m not talking about peanuts, said Bruno Le Maire, France’s finance minister

Publication: The Economic Times

Chinese electronics maker OnePlus on September 18 announced the Pad Go, an India exclusive tablet scheduled for launch on October 6. OnePlus said the tablet would bring the OnePlus ecosystem to the larger userbase without them having to compromise with the overall user experience or design. It essentially is a hint that the upcoming tablet would be priced lesser than the OnePlus Pad, which was launched in the country earlier this year.

Publication: Business Standard

Together, they are all set for season 2 of the inaugural Semiconductor Startup Incubation and Acceleration Program . This program aims to discover, facilitate, and guide emerging semiconductor and IP design startups throughout India, encompassing both technological and business aspects.

Publication: CXO Today

Micron Technology Inc. intends to build several semiconductor assembly and packaging units in India in addition to its proposed fabrication unit, minister of state for electronics and information technology Rajeev Chandrasekhar said, as the US based company takes a long term view of the country as a market and manufacturing destination for semiconductors .

Publication: Live Mint

The integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies has ushered in a transformative era for the traditional education system.

Publication: English Jagran

AICTE facilitates IndoTaiwan collaboration to boost semiconductor sector AICTE stated that the IndoTaiwan partnership will boost skill development, student exchange programmes, and collaborative research and development efforts.

Publication: Careers 360

This comes after Foxconn’s India representative V Lee on Sunday wrote in a LinkedIn post about how the company was “aiming for another doubling of employment, FDI, and business size in India” by next year.

Publication: The Economic Times

“We will work even harder to present you with a greater birthday gift next year, aiming for another doubling of employment, FDI, and business size in India,” Lee said in the post. Replying to the post on X (formerly Twitter), IT, Electronics and Communications Minister Ashwini Vaishnaw said that the Government is “fully committed” in its endeavour to support and facilitate.

Publication: The Pioneer

Taiwan-based Foxconn, the world’s largest contract manufacturer of electronics, has expanded its presence in India by investing in manufacturing facilities in southern states, including an iPhone factory in Tamil Nadu, as the company seeks to move away from China

Publication: Mint

ATMP plays a major role in the semiconductor industry s ecosystem. Tata group is planning to invest Rs 200 crore for a semiconductor testing and packing unit at Narasapura in Kolar district, which is around 65 km from Bengaluru.

Publication: MoneyControl

Major IT services companies, including TCS, Infosys, and Wipro, are set to scale back their hiring of fresh graduates in the fiscal year 2024 (FY24) due to a weakened deal pipeline and ongoing economic uncertainties in the United States.

Publication: India Today

Snowflake, a US based data cloud specialist, is expanding in India to meet the technology needs of businesses and government organisations, said SANJAY DESHMUKH, the company s senior regional vice president for To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Publication: Business Standard

This event placed a strong emphasis on the development and innovation of the semiconductor and related industries, showcasing India s transformation from a peripheral player to a key global stakeholder in the electronics sector.

Publication: BIS Infotech

Within the realm of Deeptech, three emerging fields have garnered significant attention and hold immense promise for the future: Artificial Intelligence (AI), Machine Learning (ML), and SpaceTech. These fields are increasingly being utilized by numerous startups across the globe and in India.

Publication: Financial Express

The SLSWCC committee headed by Industries Minister MB Patil on Friday approved 26 projects, each with over Rs 50 crore investment, and potential to generate 13,742 jobs.

Publication: The New Indian Express

In a time where technology is constantly advancing, AI and Cloud Computing have emerged as key players, shaping the very foundation of contemporary businesses. This landscape is everchanging, and herein lies the importance of thorough training in AI and Cloud Computing. Let s delve into the facets of these domains, the current trends, market demands, and how activity fills the skills gap.

Publication: Financial Express

The concerns of major American PC and server makers, such as Apple, Dell, HP, and Cisco, are driven by the fact that they serve the Indian market via a large manufacturing base in China and Southeast Asian countries.

Publication: Business Standard

Arun Kumar Parameswaran, SVP & MD of sales & distribution at Salesforce India, said given the sheer size of India’s population and the investments already made in digital infrastructure, the country will adopt Gen AI quickly. 

Publication: The Times of India

Taiwanese chipmaker, TSMC, is investing $2.9 billion to expand its chip packaging capacity in Taiwan in response to the growing demand for Al-related products. While the company can manufacture advanced chips, it requires additional capacity to package them efficiently. The investment is expected to start yielding results by 2024, with efforts to meet customer demands.

Publication: Electronics For You

While inaugurating the Semicon India Conference-2023 in Gujarat on July 28, PM Modi invited chip manufacturers from all over the world to join semiconductor manufacturing in India and said that India does not disappoint anyone.”

Publication: Amar Ujala

The European Union has approved a $47.5 billion incentive plan known as the CHIPS Act to enhance chip manufacturing, attract investments, and promote research and development in EU nations. This move aims to reduce dependency on foreign chip supplies and strengthen the EU’s industrial base for semiconductors.

Publication: Electronics For You

The US Commerce Department reported that over 460 companies are interested in receiving government semiconductor subsidies to enhance the country’s competitiveness with China’s technology initiatives. President Biden’s ‘Chips for America’ Act, signed a year ago, allocated $52.7 billion for US semiconductor production, research, and workforce development.

Publication: Electronics For You

The retail industry is about to be disrupted as the adoption of artificial intelligence, machine learning and cloud computing technologies accelerates, said experts at an event organised by American giant Walmart in Bengaluru.

Publication: Business Standard

IT major Infosys on Friday said it has signed a contract worth $1.5 billion with a global company for a period of 15 years to leverage the company’s platforms and artificial intelligence (AI) solutions. Infosys’ larger peer Tata Consultancy Services (TCS) has bagged several major deals this year.

Publication: Hindi Business Standard

The Karnataka government has cleared 91 industrial investment proposals worth Rs 7,659.52 crore with a potential to generate 18,146 jobs. The State Level Single Window Clearance Committee (SLSWCC) headed by Minister for Large and Medium Industries, and Infrastructure Development M B Patil met on Friday and approved 26 projects involving more than Rs 50 crore investment, totalling Rs 5,750.73 crore.

Publication: Dainik Yashobhumi

Maruti Suzuki India, Southwest Mining, Tata Semiconductor, Krypton (India) Solutions, and Aequs Consumer are among the major firms from which investment proposals have been approved by the government to further the cause of industrial development in the state.

Publication: The Times of India

The ministry of electronics and information technology has been in discussions with the revenue department under the ministry of finance to review the tariffs or import duties on the components that are needed for local production of finished goods that is being scaled up.

Publication: Mint

The India-designed chips with NavIC are being made by GlobalFoundries at its units abroad and Accord has given orders for production of one million units so far. We certainly feel that since there is an India-designed chip which is available now, there are certainly sufficient reasons for the government to mandate that the trackers in India be NavIC powered

Publication: The Times of India

Micron Technology Inc. intends to build several semiconductor assembly and packaging units in India in addition to its proposed fabrication unit, minister of state for electronics and information technology Rajeev Chandrasekhar said, as the US-based company takes a long-term view of the country as a market and manufacturing destination for semiconductors.

Publication: Hindustan Times

The company’s stock surged about 25% after selling shares at $51 a piece during its first day of trading on Nasdaq. SoftBank, which acquired Arm for $31 billion in 2016, controls about 90% of shares outstanding., but the deal was called off in February 2022, owing to “regulatory challenges.

Publication: The Economic Times

SAP Labs India, SAP s largest research and development (R&D) centre globally, is set to double its artificial intelligence (AI) talent base by 2024 to infuse AI capabilities into its entire portfolio. SAP Labs has about 15,000 employees in India, almost 60 per cent of whom are already working on AI related technologies.

Publication: Business Standard

Reliance exploring chipmaking: Billionaire Mukesh Ambani s Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said.

Publication: Republic World

On semiconductor manufacturing unit proposals, Sinha who is also the CEO of the Indian Semiconductor Mission (ISM) said he is very hopeful that in one or two years, many companies will come directly, and we’ll see many more joint ventures too in future

Publication: The Economic Times

India s IT services sector is likely to see growth slow to just around 810% this year compared to 1819% in the past two financial years, said CRISIL Ratings, attributing the slowdown to geopolitical risks and inflationary headwinds in the US and Europe.

Publication: The New Indian Express

India Electronics and Semiconductor Association (IESA) inked a Memorandum of Understanding (MoU) with Korea Display Industry Association (KDIA) in Mumbai. This momentous agreement marks an extremely important collaboration of its kind between KDIA and an Indian industry body, solidifying their commitment to mutual growth and innovation in the display segment.

Publication: XO Today

The Indian government is considering 10 applications by chipmakers under a $10 billion capex linked incentive scheme, with two of the proposals being for silicon fabs, three for compound semiconductor fabs, and five for packaging chips, a senior official said on September 13.

Publication: Money Control

The central government is planning a graded transition regarding compliance with rules under the Digital Personal Data Protection (DPDP) Act, an official of the plans said. Under this approach, micro, small and medium enterprises (MSMEs) will get longer time frames to comply, while larger corporations will get less.

Publication: Live Mint

Colt Data Centre Services (DCS) will invest 750 million US dollars about Rs 6230 crore in building data centre capacity at new facilities in Mumbai and Chennai in the next three to five years, company executives told Business Standard after launching its first facility in Mumbai.

Publication: Business Standard

British chip designer Arm is targeting a valuation of more than $52 billion for its initial public offering ( IPO ) on the Nasdaq exchange on Thursday, according to a company press release Arm, whose semiconductor design is integrated into the vast majority of smartphones worldwide, has priced its shares at $51, the firm announced Wednesday, ahead of the largest IPO New York has seen for almost two years.

Publication: The Times of India

Prime Minister Narendra Modi aims to propel India into the top tier of advanced semiconductor technology manufacturing a giant scale of ambition to seize on the world s desire to reduce reliance on China, said a New York Times report.

Publication: The Hans India

Democratic lawmakers are pressing the top tech firms to open up about the conditions of their ghost work unseen laborers like those labeling data and rating responses who have become pivotal to the artificial intelligence boom.

Publication: ET Brand Equity

Round led by T. Rowe Price, joined by new investors Capital One Ventures, Ontario Teachers Pension Plan and strategic investor NVIDIA Databricks, the Data and AI company, today announced its Series I funding, raising over $500 million.

Publication: It Voice

In terms of costs of making an AI chip, Nvidia, one of the leading players in the business, has priced its A100 GPUs between $10,000 to $18,000. The newly created H100 is seemingly available at an over twice as expensive price.

Publication: The Financial Express

SAP Labs India, SAP’s largest R&D centre globally, is set to double its artificial intelligence (AI) talent base by 2024 to infuse AI capabilities into its entire portfolio. SAP Labs has about 15,000 employees in India, almost 60 per cent of whom are already working on AI related technologies.

Publication: Business Standard

The semiconductor industry holds paramount importance in India as it underpins the country’s ambitions in critical sectors like electronics manufacturing, defence, telecommunications, and information technology. With the increasing demand for advanced electronic devices, the semiconductor industry serves as the backbone for indigenous production, innovation, and technological self-reliance.

Publication: The Economic Times

The tech titans were at a recent meeting with US lawmakers about AI and future regulations. The closed-door meeting also attended by Bill Gates, Microsoft CEO Satya Nadella, Nvidia president Jensen Huang and OpenAI CEO Sam Altman was a rare congregation of more than a dozen top tech executives in the same room.

Publication: The Economic Times

The company plans to invest around Rs 250 crore over the next two-three years in building a new production facility and localisation efforts, said people with knowledge of the matter. Talks are at an advanced stages with two clients, likely HP and Lenovo, which could potentially help the electronics manufacturing services player meet incremental production targets under the revised PLI scheme, they said.

Publication: The Economic Times

In his office in New Delhi, Ashwini Vaishnaw, the minister of electronics and information technology, keeps a 12inch disc of silicon semiconductor on the wall, gleaming like a platinum record beside a portrait of Prime Minister Narendra Modi.

Publication: ET Telecom

It features an aluminium metal casing and a large trackpad. The display has a considerable chin with Tecno branding, which again resembles the MacBook branding on Apple laptops.

Publication: India Today

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced today its collaboration with Sindcon (Singapore) IoT Technology Pte Ltd, a smart meter provider based in Singapore. The project is adding STM32WLE5 LoRaWAN wireless microcontrollers from ST into Sindcon s network of more than 50,000 water, gas and energy meters in Jakarta, Indonesia.

Publication: ELE Times

SASTRA, Deemed to be a University, has signed a memorandum of understanding with two universities in Taiwan to build capacity for Indian semiconductor industry. According to a SASTRA release, the MoU provides various modes of academic engagements with Taipei University of Tech and Lunghwa University of S and T to ensure availability of a skilled workforce in the semiconductor industry sector in India.

Publication: The Hindu

Machine Learning is the new normal for embedded controllers, and utilizing it at the edge allows a product to be efficient, more secure and use less power than systems that rely on cloud communication for processing, said Rodger Richey, VP of Microchip s Development Systems business unit.

Publication: ELE Times

India is poised to cement its position as a global digital talent hub, thanks in part to the recent G20 declaration focusing on closing skill gaps in the digital sector.

Publication: Business Standard

The Minister had earlier emphasized how India is becoming a trusted partner to the world. Prominent companies like Micron, AMD, Lam Research and Applied Materials are already investing in India, contributing to the growth of the manufacturing ecosystem, creating job opportunities, and aligning with India s goal of achieving a 5 trillion dollar economy.

Publication: KNN

Fund managers see water risk in semiconductor bets being mispriced Investors in semiconductor stocks face a growing threat to industry valuations: a chronic shortage of water. For Abrdn Plc, there are now few issues as pressing as water for the sector, according to David Smith, a senior investment director for Asian equities at the asset manager.

Publication: Money Control

Shri Rajeev Chandrasekhar had earlier emphasized how India is becoming a trusted partner to the world. Prominent companies like Micron, AMD, Lam Research and Applied Materials are already investing in India, contributing to the growth of the manufacturing ecosystem, creating job opportunities, and aligning with India s goal of achieving a 5 trillion dollar economy.

Publication: India Education Diary

Consulting firm EY today announced the launch of its artificial intelligence platform, EY.ai. The platform is backed by an investment of $1.4 billion, part of EY s larger $10 billion enterprise investment plan spanning three years, which was announced in 2021.

Publication: Business Standard

The Ministry of Skill Development launched the Skill India Digital (SID) platform on Wednesday, aiming to skill nearly 260 million students in school and higher education while also providing entrepreneurial opportunities nationwide.

Publication: Business Standard

AI ( artificial intelligence ) may be the buzzword in marketing right now, but CXOs seem more concerned with rethinking their marketing strategy to be able to measure the direct impact of ad spends and finding the right talent, Stephan Zimmermann , senior partner at McKinsey & Company, said

Publication: The Economic Times

Cloud behemoth Amazon Web Services (AWS) has signed a strategic Memorandum of Understanding with the Indian Space Research Organization (ISRO) and Indian National Space Promotion and Authorization Centre (INSPACe) to support space tech innovations through cloud computing, the company announced on Wednesday.

Publication: Business Today

Bengaluru: Information technology services leader Infosys Ltd recently said it is taking an artificial intelligence (AI)first approach for all its business and operational needs. At its first quarter earnings announcement, the company also committed to train 40,000 employees on generative AI skills. In an interview, chief technology officer Mohammed Rafee Tarafdar explained Infosys AI strategy.

Publication: Live Mint

But it is not enough for them to have interest, they have to have a partner that is the source of the technology in case of a fab or packaging. I will tell you that a lot of Indian companies are interested. They are looking to the government for direction and guidance which we have given them.

Publication: Live Mint

Arm Holdings Plc priced its initial public offering at the top end of its range to raise $4.87 billion in the largest listing of the year, one that could give a major lift to longsuffering equity markets. Shares of the Softbank backed chip designer are likely to start trading later tonight on the Nasdaq Global Select Market under the symbol Arm.

Publication: CNBC TV-18

Of the 40 applicants, the major players are HP, Dell, Lenovo, Acer, Asus, HPE, and Thomson. Of these seven brands, while Dell and HP are participating directly, HPE, Lenovo, Acer, Asus, and Thomson are participating through contract manufacturing companies.

Publication: The Financial Express

Wipro has launched a cyber defence centre (CDC) in Dusseldorf in Germany. The CDCs are positioned around the globe to provide localised support, as well as fulfil customers’ cybersecurity and compliance requirements.

Publication: The Times of India

A LinkedIn survey finds that over 8 in 10 professionals (81%) believe that there will be ‘significant’ change to their jobs in the next year because of AI.

Publication: The Times of India

We had to look at the individuals’ nuance in life. What works for her didn’t work for another and it could range from different realities and phases of what they do. So, we needed to check our tolerance levels in terms of how we can accommodate,” he said. under the ambit of ESG.

Publication: The Times of India

One concerning trend is the abuse of AI technologies, particularly through virtual kidnapping schemes.

Publication: Financial Express

“For Congress to legislate on artificial intelligence is for us to engage in one of the most complex and important subjects Congress has ever faced, “Senate Majority Leader Chuck Schumer said on Tuesday ahead of the meeting.

Publication: Financial Express

TSMC, the world s largest contract chipmaker, is frustrated in Arizona, the sources said, where it has struggled to recruit workers for the gruelling chipmaking trade and faced pushback from unions on efforts to bring in workers from Taiwan.

Publication: The Print

Sindhu Gangadharan, senior vice president and managing director, SAP Labs India and Head, SAP User Enablement, has been appointed as vice chairperson of the National Association of Software and Service Companies (Nasscom).

Publication: Business Standard

Rutte also said that the New Delhi Declaration, which did not mention Russia and was highly diluted on the war in Ukraine compared to the Bali Declaration, was a compromise, but a necessary one It was a compromise clearly, and that is always the case when you come together with multilateral teams like the G20 It was a compromise clearly, and that is always the case when you come together with multilateral teams like the G20(semi)

Publication: Deccan Herald

The chip designer s IPO shares are reportedly more than five times oversubscribed. (Source: Bloomberg) Arm Holdings Plc s Nasdaq debut was supposed to energize the anemic initial public offerings market.

Publication: Money Control

IBM has announced the expansion of its collaboration with Parle Products, one of the largest selling biscuit brand in India, to further the company’s digital transformation journey.

Publication: ET CIO

Assam is eyeing an investment to the tune of Rs 40,000 crore in the semiconductor industry. Speaking at the state assembly, Chief Minister Himanta Biswa Sarma said that he is making progress in this direction in terms of discussions, adding that Assam is competing with three other states including Gujarat and Odisha in this segment. He also revealed that he is hopeful of making a breakthrough, according to reports.

Publication: Republic World

The expected relief was communicated in a meeting chaired by Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar on Friday. The other delegates of the discussion were representatives from Apple, Dell, Samsung, HP, HPE, Acer, Asus, Apple, Cisco and Intel along with industry associations India Cellular & Electronics Association (ICEA) and the Manufacturers’ Association for Information Technology (MAIT).

Publication: Business World

Arm has already signed up other major clients as cornerstone investors in its IPO, including Apple (AAPL.O), Nvidia (NVDA.O), Alphabet (GOOGL.O), Advanced Micro Devices (AMD.O), Intel (INTC.O) and Samsung Electronics (005930.KS). TSMC s Chairman Mark Liu said last week that Arm is an important element of our ecosystem, our technology and our customers ecosystem. We want it to be successful, we want it to be healthy. That s the bottom line

Publication: Reuters

Shri Rajeev Chandrasekhar had earlier emphasized how India is becoming a trusted partner to the world. Prominent companies like Micron, AMD, Lam Research and Applied Materials are already investing in India, contributing to the growth of the manufacturing ecosystem, creating job opportunities, and aligning with India s goal of achieving a 5 trilliondollar economy.

Publication: SME Street

IT major Infosys has signed a strategic multi-year collaboration with STARK Group, Europe’s largest retailer and distributor of building materials, to power its digital transformation journey by leveraging Topaz, Infosys’ artificial intelligence (AI) offering. The financial details of the partnership were not disclosed.

Publication: Business Standard

The US President further said that the purpose of the Quad a security dialogue involving India, the US, Australia, and Japan, is not intended to isolate China but to maintain stability in the Indo Pacific region.

Publication: ET Auto

With increasing interconnectedness and reliance on digital technologies, the IT sector has become more vulnerable to cyberattacks, data breaches, and ransomware incidents. Sophisticated cyber threats targeting businesses, critical infrastructure, and sensitive data pose a significant risk to the industry s reputation, customer trust, and financial health.

Publication: The Financial Express

The Union government has selected Chennai based business solutions provider Zoho to handle email services and a host of other internet based office products, according to officials and documents seen by HT. This is the first time a private contractor is being roped in to handle government digital services.

Publication: Hindustan Times

G20 Summit: PM Modi Visits Digital India Pavilion At Bharat Mandapam In Delhi Prime Minister Narendra Modi on September 10 visited the Digital India Pavilion at Bharat Mandapam in Delhi. During his visit, he interacted with the backstage heroes deployed for the G20 Summit 2023.

Publication: DNA

The Indian government has told IT hardware manufacturers that it s considering a registration mechanism for imports for at least this fiscal year with no quota and licensing requirements, a move that would bring relief to HP, Dell Samsung , Lenovo, Asus, Acer and the other big tech brands.

Publication: ET Telecom

The two leaders expressed their support for building resilient global semiconductor supply chains while noting a multiyear initiative of Microchip Technology to invest approximately $300 million in expanding its research and development presence in India and also Advanced Micro Devices announcement to invest $400 million over the next five years to expand research, development and engineering operations here

Publication: Gadgets Now

Karnataka is expanding its focus beyond the Indian IT ecosystem to attract investments from global companies, especially electronics and semiconductor firms, said the state information technology minister Priyank Kharge.

Publication: The Economic Times

Outer Ring Road is a major IT cluster in Bengaluru consisting of business parks such as Cessna Business Park, Embassy Tech Village, Manyata Embassy Tech Park, RMZ Eco world, and Prestige Tech Park, housing tech companies such as Accenture, Dell EMC, Cisco, Intel, IBM, and Flipkart, and global capability centres(GCCs)such as JP Morgan Chase, ANZ and Goldman Sachs.

Publication: Business Standard

After five straight quarters with declining revenue, the semiconductor industry reversed course and increased revenue in 2Q23 according to the latest Omdia s Competitive Landscape Tracker. The research noted quarterly revenue grew 3.8% to $124.3 bn in this period.

Publication: Technology For You

We do not intend to disrupt the status quo. I think our goal is to ensure we have enough friends so that the people of Taiwan are not alone in dealing with the challenges against our democracy and against our existence.

Publication: ET Telecom

Towards this end, India s National Investment and Infrastructure Fund and the US Development Finance Corporation exchanged letters of intent to each provide up to USD 500 million to anchor a renewable infrastructure investment fund, it added.

Publication: ET Auto

As the technology is poised to play an even greater role in the ongoing global wave of digital transformation, it would be relevant to contextualize its evolution through the prism of two major forms of AI Artificial Narrow Intelligence (ANI) and Artificial General Intelligence (AGI).

Publication: Financial Express

Earlier on Friday, Prime Minister Narendra Modi and US President Joe Biden reaffirmed their nations close ties and commitment to developing robust global semiconductor supply chains during their meeting before the G20 Leaders Summit in New Delhi, building on discussions from their June bilateral meeting.

Publication: Live Mint

The computing industry has undergone significant changes over the past 50 years. The world is now at the brink of another transition datacentric computing which will be driven by the growing prevalence of artificial intelligence (AI), says Irina Ghose, managing director, Microsoft India in an interview with Geetika Srivastava.

Publication: The Financial Express

Samsung has been constantly trying to enhance its 4nm chip manufacturing process, and now it seems that the South Korean based tech giant is making some good progress.

Publication: Techno Sports Co

Top U.S. semiconductors and digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on September 11 in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said.

Publication: Money Control

The Commerce Department, which enacted a series of restrictions against Huawei and China’s chip industry over the past two years, said it’s working to get more information on a purported 7nanometer processor discovered within the Mate 60 Pro.

Publication: The Financial Express

Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said.

Publication: Hindustan Times

Reliance Industries has partnered with American technology company NIDA to develop AI supercomputers in India. Through this agreement, both the organizations will work together on AI infrastructure in the country.

Publication: Andhra Jyoti

After winning global accolades for the success of Unified Payments Interface (UPI), the government led by Prime Minister Narendra Modi is ready to offer the services of AI-based DIKSHA mobile app to the global leaders at the G-20 summit that kick-started in the national capital on Friday.

Publication: Millennium Post

China has also deployed other creative punishments for U.S. firms, such as withholding approval on major mergers and acquisitions, throwing a wrench into growth plans for major U.S. semiconductor companies such as Qualcomm, Intel and Applied Materials.

Publication: Mint

Artificial intelligence (AI) could pose a risk to the relevance of jobs in 10 years, according to Kunal Shah, founder and chief executive officer of the financial technology (fintech) platform CRED, speaking at the Global Fintech Fest in Mumbai Shah disclosed that his investments are primarily directed towards startups rather than mutual funds or stocks,

Publication: Navbharat

For a company like Google that has been at the helm of AI research, extending its work into the generative AI space would not have been difficult at all.

Publication: Telangana Today

Microsoft co-founder Bill Gates had called artificial intelligence (AI) only the second revolutionary tech advancement in his lifetime, the first being graphical user interface (GUI), the foundation upon which Windows was built.

Publication: The Economic Times

As they race to capitalise on a craze for generative AI, leading tech developers including Microsoft, OpenAI and Google have acknowledged that growing demand for their AI tools carries hefty costs, from expensive semiconductors to an increase in water consumption.

Publication: The Economic Times

India continues to be a hotspot for global capability centres (GCCs) with 18 new GCCs being set up in the country in the first half of this calendar year (H1 CY23), according to the latest Nasscom-Zinnov report. The half-yearly report titled ‘India GCC Trends—Half-yearly Analysis H1 CY23’ aims to provide a snapshot of the half-year that was, while also showcasing the maturity of the established GCCs.

Publication: Business Standard

His comments come at a time when India is attempting to position itself as an alternative manufacturing destination to China and a supplier in global value chains amid geopolitical tensions that were leading to global companies shifting some of their manufacturing capacities out of the country.

Publication: Live Mint

Apple aims for a true black color rather than dark grey or blue. While not guaranteed to become products, it showcases Apple s creative exploration of design possibilities, suggested the report.

Publication: Live Mint

The Director General of Foreign Trade (DGFT) put the import of IT hardware, including laptops, PCs and servers, under the restricted category last month, calling for a licence. The notification, passed on August 3, was amended a day later, deferring implementation to November 1, giving the industry three months to recalibrate.

Publication: The Economic Times

Taiwan’s Foxconn and Franco-Italian STMicro are applying for state support for a 40-nanometer chip plant, people familiar with the matter said, asking not to be identified as the plan is not public. Such mature chips are used in cars, cameras, printers and a wide variety of other machines.

Publication: Business Standard

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the country.

Publication: Hindustan Times

The effort has prompted US memory chip firm Micron Technology to announce a $2.75 billion assembly and testing facility in Gujarat. Any chip project, including Foxconn’s, will have to make detailed disclosures including whether it has firm, binding agreements with a tech partner.

Publication: The Times of India

Moreover, companies are wary of getting devices made by Chinese companies, fearing that their use may not be allowed by the government in future, said an executive at a global IT hardware company.

Publication: The Economic Times

Other chip related firms moving into India include Advanced Micro Devices Inc. and equipment maker Applied Materials Inc., which plan to spend $400 million each on R&D and engineering centers in the southern tech hub of Bengaluru. Foxconn, the leading contract manufacturer of electronics, already has an iPhone factory in Tamil Nadu, which employs 40,000 people.

Publication: Business Today

The move comes after Foxconn’s attempted partnership with billionaire Anil Agarwal’s Vedanta Resources fell apart after a year of little progress.

Publication: The Financial Express

The U.S. Commerce Department should end all technology exports to Huawei and China s top semiconductor firm following the discovery of new chips in Huawei phones that may violate trade restrictions, the chair of the House of Representatives committee on China said on Wednesday.

Publication: MoneyControl

In early August, the government announced that from November 1, 2023, import permits would be required to ship laptops, tablets, allinone personal computers (PCs), ultrasmall form factor computers and servers to the country.

Publication: Business Today

The real money gaming industry, which currently accounts for about 77 percent of India s overall gaming revenues, has been hit hard by this decision, since it will result in a significant tax burden on the companies.

Publication: MoneyControl

The (U.S.) controls are imposing high costs for producing controlled technologies in China, said Doug Fuller, a chip researcher at the Copenhagen Business School, adding that the Chinese government was likely footing the bill.

Publication: ET Telecom

Combined expertise of both organizations further accelerates UAE’s digital transformation, allowing public sector and regulated industries to securely take full advantage of the latest cloud and AI technologies.

Publication: ET CIO

Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over $1.8 billion, state-backed Securities Times reported on Wednesday, with the move described as a clear signal to the domestic chip manufacturing industry that Beijing is still willing to invest in it.

Publication: Business Standard

China is set to launch a new state backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts to catch up with the U.S. and other rivals. It is likely to be the biggest of three funds launched by the China Integrated Circuit Industry Investment Fund, also known as the Big Fund.

Publication: Business Today

ET reported on September 1 that the AllIndia Gaming Regulator (AIGR) Foundation is the fourth organisation that is in the process of filing an application with the ministry of electronics and information technology (MeitY) to be an online gaming SRB.

Publication: The Economic Times

A study by the Electronic Gaming Foundation in consultancy with the Indian Statistical Institute (ISI) has found that, despite a high tax rate, the players are optimistic about the potential of the online skill gaming industry in India. Skill gaming is a game in which the outcome is impacted by the player’s skill and not chance or luck.

Publication: The Pioneer

Enterprise software major Salesforce on Wednesday announced new Slack product innovations that bring powerful AI, automation and knowledge sharing into its intelligent productivity platform to boost productivity. Slack AI is built natively into Slack on its trusted foundation, grounded in a firm’s combined knowledge found in Slack, and easy to access in the flow of work.

Publication: DT Next

As we work with our customers, partners across SMBs (small and medium business) enterprises, the public sector, and even consumers, what we’re starting to see is that we are making a significant and real-world impact.

Publication: Business Standard

The Mate 60 Pro from Huawei is now equipped with the Kirin 9000s chip, manufactured in China by Semiconductor Manufacturing International Corp (SMIC), as reported by Tech Insights and shared with Reuters on Monday.

Publication: Live Mint

India will volunteer to create and host a global repository of digital public infrastructure (DPI) to support other countries in building platforms similar to Aadhaar, Unified Payment Interface (UPI) and DigiLocker, said Rajeev Chandrasekhar, minister of state for electronics and IT.

Publication: Business Standard

These innovations have streamlined operations and enabled financial institutions to adapt to changing customer expectations, regulatory requirements, and competitive pressures. In this article, we will explore how the integration of cloud technology and automation is driving financial transformation and the numerous benefits it offers.

Publication: Analytics Insight

China is set to launch a new state backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts to catch up with the U.S. and other rivals.

Publication: Hindustan Times

Google Cloud was a distant third to AWS and Microsoft Azure when Thomas Kurian made the surprise move from Oracle, where he was president, to lead Google s cloud business in 2018. Google couldn’t have asked for better

Publication: Times of India

DCX Foundry was conceptualised to deliver scalable CX solutions and provide an immersive experience to our customers via power of data and AI. Currently, we are reimagining digital footprint of one of the world’s largest fast-food chains, elevating online experience for home furnishings giants and streamlining global operations for tech firms via experience design led approach,” he added

Publication: The New Indian Express

The technology industry is pitching for a bigger government contribution to building the computing infrastructure to push innovation in AI. GoI has a multidimensional role to play in generative AI.

Publication: The Economic Times

A three year collaboration titled Education to Entrepreneurship: Empowering a generation of students, educators, and entrepreneurs was launched in New Delhi on September 4 by Union Minister for Education, Skill Development & Entrepreneurship, Dharmendra Pradhan. The Ministry of Education, the Ministry of Skill Development & Entrepreneurship, and Meta are partners in this venture.

Publication: Money Control

The Ministry of Skill Development and Entrepreneurship, Ministry of Education and Meta today signed a three year partnership to take digital skills to the grassroots, thus building talent pool capacities and seamlessly connecting students, youth, and microentrepreneurs across the country.

Publication: Business Standard

Testing by Bloomberg News shows the smartphone hitting speeds in excess of 350 megabits per second. That s akin to fifth generation mobile standards and is on par with Apple Inc. s iPhones.

Publication: Business Standard

The Ministry of Electronics and Information Technology (MeitY)will set up two state-of-the-art Digital India Experience Zones in Hall 4 and Hall 14 at Pragati Maidan. This event will facilitate the exchange of experience and best practices for implementing DPIs in the country.

Publication: Financial Express

The compulsory import licensing norms introduced for import of laptops and tablets, which has triggered widespread concerns about a return to preliberalisation era policies, is a one off move and won’t become a trend across sectors, a senior government functionary assured.

Publication: Business Standard

During his recent visit to India, Arvind Krishna, chairman and chief executive officer (CEO) of IBM, said India needed to develop sovereign capability in artificial intelligence (AI), including Generative AI.

Publication: Business Standard

Unveiling the top 5 ways AI is enhancing and reshaping the cloud industry The IT industry is collaborating to enhance many of the technologies used to guard against and prevent cyberattacks as the sophistication and severity of these attacks increase. One route that experts are now looking at is the use of artificial intelligence (AI) and machine learning, two technologies that significantly increase cloud security automation.

Publication: Analytics Insight

The reason for the same is the large number of applications by contract manufacturers without any manufacturing contractual agreement with original equipment manufacturers. Of the 40 applicants, there are only seven branded players HP, Dell, Lenovo, Acer, Asus, HPE, and Thomson. Of these seven brands, while Dell and HP are participating directly, HPE, Lenovo, Acer, Asus, and Thomson are participating through EMS (contract manufacturers) companies.

Publication: Financial Express

Although the US has denied that the President Joe Bidenled administration has imposed any such restrictions, regulatory filings from NVIDIA and AMD have revealed that US based tech companies need a special kind of export license if they want to send their products to any West Asian nation.

Publication: First Post

Sources said that retaliatory moves by the US Administration cannot be discounted, as eight industry associations whose membership includes the likes of Apple, Amazon, AMD, HP, Dell, Intel, Cisco, Samsung, IBM, Meta, and Micron among others, have already written to the US Government to urge the Indian Government to reconsider implementation of import licensing and launch a stakeholder consultation to formally solicit recommendations from industry and all relevant stakeholders.

Publication:

Google DeepMind Co Founder Wants US to Enforce AI Standards: What It Meansedit