Alton Kusher

Shortening India’s semiconductor journey to success, ET Auto

To encourage the establishment of semiconductor manufacturing facilities in India, the government has implemented schemes like the production-linked incentive (PLI) and design-linked incentive (DLI). The worldwide semiconductor sector has witnessed growth driven by enhanced digitalisation and technology adoption across fields such as AI, IoT, healthcare, and communications. The revenue of the global semiconductor industry touched…

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Fisker Raises Additional Growth Capital From Existing Investor

Fisker Inc. announced its intention to offer $170,000,000 in aggregate principal amount of 0% senior unsecured convertible notes due 2025 (the “Notes”) to an existing institutional investor (the “Investor”), with such Notes having an original issue discount of approximately 12%, resulting in gross proceeds of $150,000,000 to Fisker. The Notes are being sold pursuant to…

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K’taka Industries Minister invites global chip and automotive tech companies to invest in state, ET Auto

According to a statement put out by the minister’s office, during his discussion with Aptiv, Patil invited the company to explore the possibility of setting up an R&D centre in Mysuru, and Hubballi-Dharward. Bengaluru: Karnataka Minister for Large and Medium Industries and Infrastructure Development MB Patil has invited global semiconductor and automotive technology companies to…

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