Entrepreneur News Network

Union Cabinet Approves Semicon 2.0 with ₹1.27 Lakh Crore Outlay to Accelerate India’s Semiconductor Ecosystem

Semicon

New Delhi: In a major push towards making India a global semiconductor manufacturing and design hub, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Semicon 2.0, the next phase of the India Semiconductor Programme under the India Semiconductor Mission (ISM). The initiative comes with a total budget outlay of ₹1,27,500 crore, aimed … Read more

Magnachip Appoints Chae Lee as CEO to Drive Next Phase of Growth in Power Semiconductor Business

Magnachip

New Delhi: Magnachip Semiconductor Corporation has appointed Chae Lee as its new Chief Executive Officer (CEO), effective July 1, 2026, as the company strengthens its leadership team to accelerate growth across high-value semiconductor markets. Lee is also expected to join the company’s Board of Directors, while Camillo Martino, who has served as Interim CEO since … Read more

Semicon 2.0: India Expands Semiconductor Strategy Beyond Chip Fabs to Design, Equipment and Ecosystem Development

semicon

India is preparing to enter the next phase of its semiconductor journey with the launch of Semicon 2.0, a strategy designed to strengthen the country’s position in the global semiconductor industry by focusing on chip design, semiconductor equipment, materials, research, and talent development. The initiative marks a significant evolution of the India Semiconductor Mission (ISM), … Read more

Silicon Box Secures US$77.5 Million Debt Funding to Expand Advanced Semiconductor Packaging Business

Silicon Box

Silicon Box, a leading semiconductor packaging and chiplet integration startup, has secured S$100 million (approximately US$77.5 million) in debt financing from a consortium of global institutional investors. The funding package also includes an option to increase the facility by an additional US$75 million, providing the company with greater flexibility to support future growth. The investment … Read more