News

India's Medical Device Industry Projected to Reach $250 Billion by 2047: FICCI-DUA Consulting Report; AI in MedTech Knowledge Paper Released
India's medical device industry is projected to reach a market size of $250 billion by 2047, according to the FICCI-DUA Consulting White Paper on ‘Service and Maintenance of Medical Equipment in Indian Healthcare – Towards a Safe, Reliable and Sustainable Medical Device Maintenance Ec
7 min read
TSMC's July Revenue Surges 44.7% as AI Chip Demand Shows No Signs of Slowing
TSMC's July numbers just landed, and they're a striking snapshot of how strong AI-driven chip demand remains. The Taiwanese foundry giant reported consolidated net revenue of NT$467.58 billion for the month, up 5.6 percent from June and a sharp 44.7 percent higher than the same month last year. T
2 min read
Point2 Technology Raises $136 Million in Series B Extension with Arm, LB Investment and Maverick Silicon for AI Data-Center Interconnect
Point2 Technology, a developer of RF-based interconnect solutions for AI data-center infrastructure, announced an additional extension of its Series B financing. The round was led by LB Investment, with new strategic participation from Arm and continued support from existing investors including M
4 min read
Sungrow ranks No. 1 in S&P Global's 2025 PV inverter shipment rankings
Sungrow, a global provider of solar inverters and energy storage systems, has once again been ranked the top PV inverter supplier by shipment volume in S&P Global's 2025 rankings. The company attributes this to sustained investment in technological innovation, global expansion, and customer
3 min read
Electronics Manufacturing Cluster in Rajnandgaon, Chhattisgarh with Rs 210.56 Crore Central Assistance
The Ministry of Electronics and Information Technology (MeitY) has approved the establishment of an Electronics Manufacturing Cluster (EMC 2.0) in Rajnandgaon district of Chhattisgarh, reported multiple media sources. The project has an estimated total cost of Rs 432.08 crore, of which the Centre
2 min read
AP Memory Adds Former Qualcomm VP Jian Zhang to Leadership Team
AP Memory, a company specializing in customized memory solutions, has appointed Jian Zhang to its leadership team. She'll draw on her extensive background in global semiconductor operations to help strengthen the company's technology development, product engineering, operations management, and
4 min read
Airbus Executive Confirms 1st India-Made C295 Military Aircraft to Fly Before 2026
At recently concluded event SES 2026, Ankur Gupta, Director of Strategy, Int’l & Industrial Partnerships, Airbus Defence & Space has confirmed that the first Indian-made C295 military transport aircraft will fly out before the end of the current year 2026, with the first Indian-made
4 min read
Silvaco Integrates NVIDIA AI and Accelerated Computing for Semiconductor Digital Twins
Silvaco and NVIDIA announced a collaboration to integrate NVIDIA accelerated computing and AI with Silvaco’s physics-based simulation portfolio for digital twins in semiconductor design and manufacturing. Silvaco is combining its physics-based modeling with NVIDIA’s accelerated
4 min read
Mike McAuliffe appointed CEO of Cephia to drive AI-native image sensors growth
Cephia, a company developing AI-native image sensor technology, has appointed semiconductor and computer vision industry veteran Mike McAuliffe as its president and chief executive officer. McAuliffe brings extensive experience building global semiconductor and deep
4 min read
SEALSQ Details Root-to-Qubit-to-Space Architecture Linking GlobalFoundries, Quobly and EeroQ in Quantum Stack
SEALSQ outlines how its SEALQuantum.com Sovereign Quantum Vertical Stack (“Stack”) is interconnecting the growing roster of partners and portfolio companies within the SEALQUANTUM.com ecosystem. Beginning in September SEALSQ will enter the second phase of deploying its $200 mill
9 min read
AMD Reaches Definitive Agreement to Acquire Taalas for Specialized AI Inference Silicon
AMD has announced it has reached a definitive agreement to acquire Taalas, a company focused on specialized AI inference silicon. The acquisition is intended to add differentiated inference technology and engineering expertise to AMD’s long-term AI roadmap as AI inference workloads become m
5 min read
Renesas to phase out production at Takasaki factory, expand R&D efforts
Renesas Electronics has decided to phase out manufacturing at its Takasaki Factory in Gunma Prefecture, Japan, operated by its manufacturing subsidiary Renesas Semiconductor Manufacturing. At the same time, the company plans to maintain and strengthen the research and development work currently
3 min read
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