PR & News – Orbit & Skyline Semiconductor Services

Orbit Skyline Semiconductor Announces Participation in SEMICON India 2024

Meet Industry Experts and Explore Cutting-Edge Solutions at Booth Number 43, Hall Number 03.

Mohali, India – Sep 03, 2024 – Orbit Skyline Semiconductor, a leading provider of comprehensive fab solutions, is excited to announce its participation in SEMICON India 2024, scheduled from September 11-13 at the India Expo Mart, Greater Noida, Delhi NCR. As a rapidly expanding semiconductor services company with a global presence, Orbit Skyline delivers a synergistic and comprehensive solution set for semiconductor OEMs and device manufacturers, serving a majority of fabs worldwide with an unwavering commitment to exceeding customer expectations.

SEMICON India 2024 is a premier event that brings together industry leaders, innovators, and decision-makers from around the globe to explore the latest trends, technologies, and opportunities in the semiconductor industry. With India set to become a key player in the global semiconductor market, projected to reach $100 billion and create 600,000 new jobs by 2030, SEMICON India provides an exceptional platform for stakeholders to connect, collaborate, and shape the future of the industry.

Orbit & Skyline Semiconductor is now Great Place to Work Certified

Mohali, India – February 20, 2024 – Orbit & Skyline Semiconductor has been Great Place to Work®-Certified in India (from February 24 to February 25)! This certification recognizes Orbit & Skyline’s commitment to being a people-focused organization and creating a workplace culture that has the key values of transparency, flexibility, inclusion, and personal and professional development at the center.

Great Place to Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions.

Centre to Launch New Scheme for Electronics Component Ecosystem: Union Minister Ashwini Vaishnaw

Union Electronics and IT Minister Ashwini Vaishnaw announced that the Centre is preparing to launch a scheme focused on building a sustainable electronics component ecosystem as part of the Make-in-India initiative. This plan aims to boost component manufacturing in India, similar to the growth seen in mobile and electronics production. The scheme may involve an allocation of up to Rs 40,000 crore, with successful applicants expected to bring in investments totaling Rs 82,000 crore.

About Orbit & Skyline

Orbit & Skyline Semiconductor stands at the forefront of innovation and excellence in the semiconductor industry. With a focus on enhancing ROI for semiconductor Fabs and tool OEM manufacturers, we provide tailored, feature-rich solutions spanning CMOS and Compound semiconductor manufacturing. Our collaborations with leading global Fabs and major American tool OEMs empower the production of cutting-edge semiconductor technologies. Our extensive expertise encompasses design, obsolescence engineering, product management, clean optimization, and advanced data science. Choose Orbit & Skyline as your trusted partner to unlock the full potential of semiconductor manufacturing in India and beyond.

In the News

India and Singapore held high-level discussions to enhance bilateral ties, focusing on digital and skill development, sustainability, healthcare, and advanced manufacturing. These talks set the stage for Prime Minister Modi's impending visit, highlighting mutual interests in aviation and semiconductors, with both countries eager to capitalize on significant growth opportunities.Read More

PM Modi’s Upcoming Singapore Visit to Feature Semiconductors in Ministerial Roundtable AgendaAugust 27, 2024

During his 78th Independence Day speech, Prime Minister Narendra Modi announced India's ambition to become a global hub for semiconductor manufacturing, offering end-to-end chip solutions. Highlighting the country's vast skilled youth base, Modi emphasized the importance of designing and producing cutting-edge technologies in India. He urged the youth to lead in product and game design, aiming to set international standards. Modi also referenced the government's Rs 76,000 crore chip incentive scheme, which has already cleared several projects, reinforcing India’s commitment to advancing Industry 4.0 and boosting employment through manufacturing.Read More

PM Modi: India to Offer End-to-End Chip Solutions and Lead in Global TechAugust 22, 2024

Gujarat Chief Minister Bhupendra Patel announced that India’s first indigenously developed semiconductor chip will be manufactured in Gujarat, reflecting the state's Rs 1 trillion investments in electronics and semiconductor sectors. Speaking on Independence Day, Patel highlighted Gujarat's role in attracting cutting-edge investments, including AI and semiconductors, during the Vibrant Gujarat Global Summit. Read More

Gujarat to Produce India’s First Indigenous Semiconductor Chip: CM Bhupendra PatelAugust 21, 2024

The Indian government has announced a $10 billion allocation under the Semicon India Program to enhance its semiconductor and display manufacturing sectors. This initiative aims to position India as a global influencer in semiconductor technology, with projections indicating a market growth to $110 billion by 2030. The program offers 50% incentives on project costs for semiconductor fabrication and display facilities and significant support for research, development, and talent cultivation. It includes training for 85,000 engineers and incentives for design companies and startups, reinforcing India's commitment to Aatmanirbhar Bharat and strengthening global supply chains. Read More

India’s $10 Billion Boost for Semiconductor and Display ManufacturingAugust 12, 2024

India's semiconductor market is projected to surpass $100 billion by 2030, driven by production-linked incentives (PLI), design-linked incentives (DLI), and modernization of the Semi-Conductor Laboratory in Mohali, as stated by Union Minister Jitin Prasada. From a market value of $38 billion in 2023, the industry is expected to grow at a 16% CAGR. Key initiatives include Tata Electronics' upcoming semiconductor fab in Gujarat, which will produce 3 billion chips annually by 2027, and Micron's ATMP facility. India’s robust chip design sector, highlighted by Qualcomm and AMD's expansions, further bolsters this growth.Read More

India’s Semiconductor Market Poised to Exceed $100 Billion by 2030August 7, 2024

The Semiconductor Industry Association (SIA) reported that global semiconductor sales reached $149.9 billion in Q2 2024, marking an 18.3% increase from Q2 2023 and a 6.5% rise from Q1 2024. June 2024 sales were $50.0 billion, up 1.7% from May 2024. This growth, driven by strong performance in the Americas with a 42.8% year-over-year increase, contrasts with declines in Japan and Europe. Monthly data from the World Semiconductor Trade Statistics (WSTS) highlights the industry's robust recovery and ongoing market fluctuations. Read More

Global Semiconductor Sales Surge in Q2 2024August 6, 2024

Singapore-based Liberal Scientific Technologies is set to revolutionize India's semiconductor industry with advanced Silicon Carbide (SiC) and Gallium Nitride (GaN) technologies. These innovations promise to enhance India's self-sufficiency in power electronics and high-performance computing, supporting advancements in electric vehicle charging, space applications, and next-gen telecommunications. Additionally, the company's breakthrough in terahertz (THz) radiation emission devices opens new avenues in medical treatments and security systems. Liberal Scientific Technologies' strategic entry is poised to drive innovation and self-reliance in India's critical technology sectors. Read More

Liberal Scientific Technologies to Transform India’s Semiconductor IndustryAugust 6, 2024

India has the talent and deep expertise to become a global player in the semiconductor industry, said Ministry of Electronics and Information Technology Secretary S Krishnan at a conference organized by iVP Semiconductor Pvt Ltd. The government is actively helping industries build the necessary ecosystem. With predictions from McKinsey indicating the semiconductor industry could reach a trillion dollars worldwide and IESA estimating India's sector to hit USD 100 billion by 2030, the country is becoming a significant market for electronics and technical expertise. iVP Semiconductor recently secured USD 5 million in funding and plans to expand its production facilities.Read More

India Poised to Become Global Semiconductor Hub: IT SecretaryJuly 10, 2024

The government of Uttar Pradesh has received investment proposals totaling Rs 40,000 crore under its new semiconductor policy, aimed at boosting global investments and technological advancement. Key investors include Hiranandani group's Tarq Semiconductor with Rs 28,440 crore and Kaynes Technologies' subsidiary Kaynes Semicon with Rs 4,248 crore. The projects are expected to generate over 32,000 jobs. Chief Minister Yogi Adityanath emphasized the policy's role in fostering a robust semiconductor ecosystem and driving economic development in the state.Read More

Uttar Pradesh Attracts Rs 40,000 Crore in Semiconductor InvestmentsJuly 10, 2024

During the Motion of Thanks in the Lok Sabha, PM Modi emphasized the government's achievements in the tech sector, highlighting the rapid 5G rollout and advancements in semiconductor manufacturing. India has quickly implemented 5G services, with Airtel and Jio extending coverage nationwide. PM Modi also introduced the India Semiconductor Mission to strengthen the semiconductor ecosystem. As the world's second-largest mobile market, India continues to lead in mobile manufacturing and exports. Additionally, the Global India AI Summit 2024 is set to host international delegates and AI experts on July 3-4.Read More

PM Modi Highlights Tech Sector Achievements in Lok Sabha: 5G Rollout and Semiconductor MissionJuly 10, 2024

A CII report projects India's electronic manufacturing industry will hit $500 billion by 2030, with component demand soaring from $45.5 billion in 2023 to $240 billion. Priority components like PCBAs are expected to grow at a 30% CAGR, reaching $139 billion. The report urges government actions such as introducing SPECS 2.0, rationalizing import tariffs, and signing FTAs with European and African nations. Addressing these measures could create 2.8 lakh jobs by 2026 and significantly reduce import dependency, positioning India as a global electronics manufacturing hub.Read More

India’s Electronic Manufacturing to Reach $500 Billion by 2030: CII ReportJuly 1, 2024

India and the US have deepened their cooperation on supply chain, semiconductors, and critical minerals during the iCET meeting in New Delhi. They launched a new strategic semiconductor partnership to co-develop processes for precision-guided ammunition. The partnership also aims to build India's semiconductor and ICT ecosystem. Additionally, they agreed to work together on ensuring a reliable supply of critical minerals, including co-investing in lithium and rare earths projects. Both countries are also establishing an Advanced Materials R&D Forum and exploring collaborations in technologies for critical minerals.Read More

India, US agree to step up cooperation on semiconductors, critical mineralsJune 26, 2024

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