Foxconn’s Exit from Joint Venture with Vedanta
In a mutual agreement to explore diverse development opportunities, Foxconn, the Taiwanese component maker, and Vedanta, led by Anil Agarwal, recently announced the termination of their joint venture aimed at semiconductor manufacturing in India. The joint venture, which was initially formed in 2019, faced several challenges, including regulatory hurdles and shifting market dynamics. Despite the…
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A Step-by-Step Guide to Semiconductor Manufacturing
The semiconductor manufacturing process is a complex and demanding process, but it is essential to the continued development of technology. The semiconductor manufacturing process begins with creating a wafer, a thin slice of semiconductor material, typically silicon. The wafer is then polished to create a smooth surface. Next, a thin layer of silicon dioxide is…
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Applied Materials to Invest $4 Billion in California Research and Manufacturing Facility
The White House revealed that semiconductor manufacturing company Applied Materials is set to invest up to $4 billion in research and development, as well as a new facility in California dedicated to chipmaking. The newly established Equipment and Process Innovation and Commercialization (EPIC) Center will spearhead the development of cutting-edge tools for semiconductor manufacturing. Applied…
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New Tax Incentives for Semiconductor Manufacturing
Great news for the U.S. semiconductor industry! On Tuesday, March 21, 2023, the IRS and Treasury Department proposed new rules to provide tax incentives for producing semiconductors and semiconductor manufacturing equipment within the country. This move is part of the Creating Helpful Incentives to Produce Semiconductors Act of 2022, or the CHIPS Act, which has…
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Apple and Biden Team Up to Boost US Economy with Semiconductor Manufacturing in Arizona
In a historic move, Apple CEO Tim Cook and President Joe Biden have announced plans for a new semiconductor manufacturing facility in Arizona. The facility will be the first American-made microchip plant in decades, and is expected to create thousands of jobs for Americans. This joint venture between Apple and the Biden administration shows that…
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