The State government has decided to infuse more safeguards into the controversial Fab City project including reserving the right of resuming land from the promoter if he fails to perform. Though the government will give all the incentives as per the memorandum of understanding, the incentives as well as the ownership of the land would […]

This is definitely troubling. Not because issues are not insurmountable, but this Govt. has never taken any speedy action on any matter. Issues take ages to resolve or almost always remain unresolved and get forgotten.
The problem with Govts. of any political color, is that they offer the moon, to lure inventors without thinking ahead and […]

The Telugu Desam on Saturday released documents to prove that the State government had signed the Fab City deal with a non-existent company.TD leaders K. Yerran Naidu, Dr N. Janardhana Reddy, S. Venugopala Chari and K. Rammohan Rao termed the project ‘Fraud City’ and pointed out that the company SemIndia Fab did not exist when […]

HYDERABAD: Stung by criticism over the slow progress in the implementation of the prestigious semi-conductor complex near the city, the State Government has initiated a series of measures to give impetus to the project.
Chief Secretary J. Harinarayan held a meeting with senior officials of the Industries and Information Technology departments to identify and remove the […]

NEW DELHI: Germany-based Infineon Technologies is likely to pick up an equity stake in Hindustan Semiconductor Manufacturing Corporation (HSMC), a Silicon Valley-based semiconductor company that plans to invest over $4 billion in chip foundries in India.
On March 28, it was announced that Infineon had signed an MoU with HSMC to provide technology. “Infineon will definitely […]

Infineon Technologies AG today announced plans to expand its research and development activities in Singapore, investing approximately $271.1 million (200 million Euros) and adding about 150 new positions.
Infineon’s activity in the country is nothing new. The Munich, Germany-based logic player’s development center in Singapore opened in 1991 and provides IC and system development solutions in […]

Chennai, April 14: A few weeks ago, Hindustan Semiconductor Manufacturing Corporation (HSMC) announced its plans for chip-making plants in India. The company spoke of its tie-up with Infineon Technologies of Germany, and a likely investment of $4.5 billion.
The news has generated perceptible interest globally. For instance, www.fabtech.org said, “India could now be on a path […]

MW Zander, one of the world’s largest builders of hi-tech buildings and industrial plants, is all set to give shape to India’s semiconductor industry. MW Zander will design and construct the assembly test and mark plant (ATMP) of the $3.5 AMD-SemIndia fab. Besides, the company is also in talks with Hindustan Semiconductor Manufacturing Corporation to […]

Infineon has signed a memorandum of understanding with the Hindustan Semiconductor Manufacturing Company to help create a ‘Fab City’ in India which will involve the building of ten fabs.
Others involved in the huge project are Siemens, MW Zander, the clean-room specialists, and US Liquids. Infineon’s contribution will be the provision of process technology, chip design […]

Union Communications and IT Minister, Dayanidhi Maran, was non-commital about giving a nod to the plans of Hindustan Semiconductor Manufacturing Corporation (HSMC) to invest $4 billion to set up a Fab City in India in partnership with German technology major Infineon Technologies.
Maran reiterated the government’s stance on semiconductor manufacturing units in India — that there […]