Photo: Hindustan Times
Union Cabinet Approves Rs 76,000 Crore For Manufacturing Semiconductor Chips
The Union Cabinet, on December 15, approved Rs 76,000 crore for designing & manufacturing of semiconductor chips in India. Launched to enhance display manufacturing ecosystem, it will bring about a $5 trillion economy by 2025. The project will reportedly have effect on various sectors including electronics field. "In the next six years we will reach USD 300 billion in electronic and manufacturing," said Union Minister Anurag Thakur.
Tags: Union cabinet, Anurag Thakur, Electronics, Designing, Central Government
Courtesy: ANI
Photo: GridAxis
Govt Holds Import Of China Made Wi-fi Modules; Delays New Launches
The Centre has retained the consent to import Wi-Fi modules from China continuing from November. Reportedly, the development halted the launches of US-based Dell and HP and China's Xiaomi, Oppo, Vivo, and Lenovo for months. The Wireless Planning and Coordination wing of Communications Ministry has retained the consent indicating PM Modi's nationalist policies as several applications await WPC's assent. According to a source, the move aims to… read-more
Tags: Wi-Fi, Bluetooth, Electronics, Communications, Imports, India-China
Courtesy: Hindustan Times
Photo: Corn Nation
Unopened Copy of Super Mario Game Auctioned at $6,60,000
A 35-year-old unopened copy of Nintendo's Super Mario Bros clocked a price tag of whopping $6,60,000 in a recently held auction in Dallas by Heritage Auctions. Interestingly, it was bought as a Christmas gift in 1986, the owner left it in a drawer and forgot about it. The game was recovered from an unattended drawer until 2021. The same version of the game was sold at $ 114,000 last year.
Tags: Super Mario, Mario game, computer games, Electronics, Technology, Auction
Courtesy: Wion
Photo: The New York Times
Rs 7,350 Cr PLI Scheme Approved To Push Domestic Production Of Laptops, PCs
The Centre has approved a Rs 7,350-crore Production Linked Incentive scheme to encourage the domestic manufacturing of laptops, tablets, PCs, and servers. Aiming to attract global companies to boost the Indian manufacturing capacity, it will help generate 1.80 lakh jobs. While the scheme aims to scale up exports of the products to Rs 2.45 lakh crore in four years, reports also suggest that it has attracted tech giant Apple for manufacturing… read-more
Tags: business, PLI, Domestic Production, Laptops, Electronics, Ravi Shankar Prasad, Export, Made in India
Courtesy: NDTV
Photo: Money Control
South Korea's Richest Person, Samsung Chairman Lee Kun-hee Dies
Chairperson of tech-giant Samsung and South Korea's richest person Lee Kun-hee passed away on October 25. The 78-year-old had been in hospital for more than six years after suffering a major cardiac arrest. Lee held the majority single-person stake (4.18%) in the Samsung Electronics. The company, in its condolence statement, said, “Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial… read-more
Tags: Samsung, Electronics, South Korea, Lee Kun-hee
Courtesy: Reuters
