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The Latest Breaking News on Asian tech

China and Japan gave TSMC over $1.5 billion in subsidies to build and equip new fabs as US CHIPS Act payouts stall

China and Japan boost grants to TSMC as it builds new fabs and expands capacities.

Tom’s Hardware

India seeks to expand partnership with South Korea: EAM Jaishankar

Seoul India aims to enhance strategic partnership with South Korea in critical technologies, semiconductors, and green hydrogen.

The Hindu

K-Smart disposes of 85% applications received in 2 months

Two months since the launch of K-Smart online service delivery system in 93 urban local bodies in Kerala, a total of 6 lakh files have been handled through it, with around 85% of them disposed of, according to data gathered from the Information Kerala Mission (IKM).

The Hindu

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Vietnam’s bid to exploit US-China chip tensions confronts labour hurdles

Hanoi is hoping to benefit from the push to de-risk from China amid intensifying geopolitical tensions.

Al Jazeera

Former Minister’s son created 12 shell companies, claimed crores of rupees in input tax credit, say investigators

Prathipati Sharath arrested for tax evasion through 12 shell companies, fined ₹16 crore by DGGI officials.

The Hindu

Speakers at KTX identify potential of Kozhikode to be a global IT hub

Kozhikode poised to become a global IT hub with infrastructure, culture, and support from educational institutions, attracting IT workforce.

The Hindu

India to emerge as global hub in semiconductor manufacturing: PM Modi

PM Modi announces India's emergence as a global semiconductor manufacturing hub with approval of three units.

The Hindu

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Cabinet approves three semiconductor proposals in Gujarat, Assam

Union Cabinet approves setting up three semiconductor units by Tata Group and Renesas to reduce India's chip import dependence.

The Hindu

Morning Digest | Govt ‘examining’ Indian tech company sanctioned by EU, U.S.; fresh protests in U.P. seek PSC re-exam citing ‘paper leak’, and more

From Indian government ‘examining’ Indian tech company sanctioned by EU, U.S. to new protests erupt in U.P. seeking re-exam for posts citing ‘paper leak’, here is a select list of stories to start the day on Feb 27, 2024

The Hindu

Digital health profile for all on cards in Telangana: IT Minister Sridhar Babu

Telangana government plans digital health profiles for all residents, partnering with US-based Providence India for innovation and growth.

The Hindu

Government ‘examining’ Indian tech company in EU, U.S. sanctions list

Indian tech company Si2 Microsystems under scrutiny for sanctions by EU and U.S. over ties with Russia.

The Hindu

DGP cannot transfer case from one agency to another after filing of charge sheet: Madras High Court

Madras High Court rules DGP cannot transfer case investigation after final report; quashes negative report, orders trial completion in 3 months.

The Hindu

TSMC Diversifies Out Of Hotspot Taiwan With New Japan Plant

The $8.6-billion facility in the southern Kumamoto region showcases TSMC's efforts to make some of its strategically crucial chips elsewhere than hotspot Taiwan, as well as Japan's push to revive its once-dominant semiconductor sector.

International Business Times

TIDEL Parks: journey from Chennai to smaller towns across Tamil Nadu

Tamil Nadu Finance Minister announces new TIDEL Parks in Madurai, Tiruchi, and smaller towns to boost IT sector.

The Hindu

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The Hindu

Engineering graduates are steering the service industry

Engineers are increasingly finding employment not solely based on a precise match of skills but due to the adaptability and problem-solving mindset ingrained in their education

The Hindu

No coercive steps against Veena, SFIO informs Karnataka High Court

The Karnataka High Court directs SFIO not to take coercive steps against Kerala CM's daughter in fraud investigation.

AnandTech

TSMC to Build Second Fab in Japan: 6nm and 7nm Coming to Japan

Taiwan Semiconductor Manufacturing Co. on Tuesday formally announced plans to build a second fab in Japan. The fab will be run by Japan Advanced Semiconductor Manufacturing (JASM), a majority-owned TSMC subsidiary, and will make chips on 6 nm and 7 nm-class process technologies, which will make it the most advanced…

StockNews.com

3 Semiconductor Standout Stocks to Buy Today

Despite macroeconomic challenges, the chip industry demonstrates resilience and adaptability amid rising demand and innovation. Therefore, fundamentally strong chip stocks Tower Semiconductor (TSEM), Everspin Technologies (MRAM) and ChipMOS TECHNOLOGIES (IMOS) might be ideal additions to your portfolio. Read on.

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The Hindu

CMRL pay-off case: SFIO begins probe, inspects Aluva office

A team of officials representing the Serious Fraud Investigation Office (SIFO) under the Ministry of Corporate Affairs carried out an inspection at the corporate office of the Cochin Minerals and Rutiles Ltd (CMRL) at Aluva in Ernakulam district of Kerala on February 5 (Monday) as part of its probe into…

Al Jazeera

South Korea court acquits Samsung chief Lee Jae-yong of financial crimes

The case is the latest episode in a scandal centred that has rocked the country.

The Hindu

‘Businesses need to adapt to changing technologies to stay relevant’

Ramkumar Ramamoorthy emphasizes the importance of technology in business and warns of the consequences of not adapting to it.

Top News

Congressman Moulton warns against instigating war in the Middle East

Congressman Seth Moulton discusses the administration's response to the attack in the Middle East and the potential implications for TSMC and China.

Android Central

Samsung's Q4 earnings show signs of 2024 recovery as its chip side loses big

Samsung posted its Q4 2023 earnings report, which gave hope for recovery in multiple areas.

Tom’s Hardware

U.S. plans to invest CHIPS Act money in Vietnamese semiconductor industry

The U.S. may make significant investments in Vietnam to boost its semiconductor sector.

StockNews.com

3 Semiconductor Stocks to Bolster Your Portfolio

Semiconductor demand is soaring as its application grows across different industries. The adoption of advanced technologies is fueling the industry’s long-term prospects. Hence, it could be wise to buy fundamentally strong semiconductor stocks Nikon (NINOY), inTEST (INTT), and STMicroelectronics (STM). Read more….

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