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Samsung, labor union to meet in a last-ditch attempt to avert strike and upheaval in semiconductor industry

Samsung Electronics Co. and its major labor union are scheduled to begin critical negotiations on Monday in an effort to prevent a strike that the country’s prime minister warned may have disastrous effects on the economy. The largest memory chip manufacturer in the world, Samsung, has announced an operating profit that skyrocketed due to artificial … Read more

India approves SEZ for first chip fabrication plant, Tata to invest ₹91,000 crore

India has approved a special economic zone (SEZ) for its first semiconductor fabrication facility, marking a key step in its push to build a domestic chip manufacturing ecosystem. The SEZ has been notified for Tata Semiconductor Manufacturing Private Ltd., which plans to invest about ₹91,000 crore in the project, according to the commerce ministry. The … Read more

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