Samsung Electronics has begun layoffs in India, with around 80–100 employees in its TV and home appliance divisions asked to leave as rising memory chip prices squeeze margins. Reports suggest up to 25% of the consumer electronics sales and marketing workforce could eventually be affected, with more cuts possible after the festive season. Despite the restructuring, Samsung’s smartphone business in India remains stable for now, with the company betting on strong festive sales.
9 Sep 2026India has launched Semicon 2.0 with a ₹1.28 trillion budget to fund a second commercial silicon fabrication plant by 2031 alongside its first display fab.
4 min read31 Aug 2026Nvidia invests $3.5 billion in MediaTek convertible bonds as the chipmakers expand their partnership across AI infrastructure, PCs and automotive technology.
3 min read31 Aug 2026A US chip restriction jolted India into developing an AI chip that could give the country a sovereign alternative to Nvidia. But can a government-funded effort help India catch up with the world’s best?
12 min read31 Aug 2026While PLI has proven to be a game changer for electronics assembly, the hard part, upgrading factories to manufacture what goes deep inside those products, starts now.
12 min read27 Aug 2026Starting January 2025, Tata Electronics, Murugappa Group's CG Power, and HCL Group have announced semiconductor projects worth ₹1.29 trillion under the India Semiconductor Mission. Since then, these firms have invested ₹3,345 crore in semiconductor manufacturing and assembly plants.
5 min read27 Aug 2026Homegrown chip startups are getting silicon out of the lab, but overcoming foreign IP costs and reluctant OEMs will take more than policy mandates.
11 min read23 Aug 2026The government is working to help Indian semiconductor chip companies negotiate better terms with global chip manufacturing plants, while also rethinking capital, IP and market support to help them scale.
6 min read23 Aug 2026Technology giant Samsung Electronics posted a record operating profit for the quarter ended June 30, while its revenue reached an all-time high of 171.5 trillion won ($119 billion), driven by its semiconductor business.
2 min read30 Jul 2026Global markets today: Semiconductor stocks crashed on concerns about Chinese competition and funding of the AI boom
2 min read28 Jul 2026Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.