Last mentioned: 1d ago
Expected Operations
The India Chip Pvt Ltd facility is slated to begin production of display driver chips.
Foundation Stone Laid
PM Narendra Modi virtually lays the foundation stone for the HCL-Foxconn semiconductor facility.
National Startup Day
Recent milestone cited by PM Modi as energizing India's tech revolution.
Prime Minister Narendra Modi has laid the foundation stone for India Chip Pvt Ltd, a 60:40 joint venture between HCL Group and Foxconn. Located in Greater Noida, the facility aims to produce display driver chips by 2028, marking a critical step in India's quest for semiconductor self-reliance.
Indian fabless semiconductor startup Vervesemi has raised $10 million in a Series A funding round to accelerate the development of high-performance analog and mixed-signal ICs. The company, a key beneficiary of the government's Design Linked Incentive (DLI) scheme, aims to strengthen India's position in the global semiconductor value chain.