Cyient, a prominent global provider of Intelligent Engineering services, has announced a 27.3% stake acquisition in Azimuth AI, a fabless ASIC (Application-Specific Integrated Circuit) company celebrated for its innovative energy and power solutions. This investment underscores Cyient’s ambitious growth strategy within the semiconductor industry, as it aims to solidify its capabilities in creating advanced, India-designed […]
In a bold move signaling the rise of India as a tech manufacturing powerhouse, Larsen & Toubro’s semiconductor division, L&T Semiconductor Technologies, is set to launch its chip manufacturing operations within the next two years. The announcement comes as India doubles down on its ambitions to build a robust semiconductor manufacturing ecosystem, aiming to reduce […]
In what may become one of the largest acquisitions in the technology sector, Qualcomm is reportedly eyeing a full takeover of Intel. Qualcomm, a leader in mobile processors, is said to have approached Intel regarding this significant acquisition, which could dramatically alter the competitive landscape of the semiconductor industry. While still in its early stages, […]
In a significant move to strengthen its foothold in the design-led manufacturing sector, ASM Technologies Limited, a front-runner in the semiconductor and automotive industries, announced a substantial fundraise of Rs. 1701 Million. The funding round, led by esteemed stock market investor Mukul Agrawal, saw the preferential allotment of equity shares and warrants, with an initial […]
