| |NOVEMBER 20239TECH MINTKaynes SemiCon, a 100 subsidiary of Kaynes Technology, is investing Rs 2,850 crore in a facility in Hyderabad for outsourced semiconductor assembly and testing( OSAT), with automatic test equipment( ATE) and a reliability testing line, chief executive Raghu Panicker said.The groundbreaking ceremony for the facility that will have 13 lines for OSAT, and one each for ATE and reliability testing was held recently.Kaynes SemiCon will also invest Rs. 83.28 crore in an exploration and development facility for silicon photonics for-packaged optics in Mysuru.Parent Kaynes Technology is also making an investment of Rs 750 crore in Mysuru for a bare board printed circuit board factory. Mysuru-based Kaynes Technology has a manpower of 3,500 people and yearly earnings of Rs 1,665.71 crore, Panicker said.Based on its closing stock price of Rs 2,479.80, up1.1, on the BSE Wednesday, the company that made an original public immolation last time had a request value of Rs 14,418 crore.Kaynes is a 38- year-old electronics manufacturing services(EMS) company with manufacturing infrastructure in Mysuru, Bengaluru, Chennai, Pune, Manesar, and Parwanoo with service centers in Mumbai and Kochi.In terms of approvals from the Ministry of Electronics and Information Technology for its OSAT facility in Hyderabad and the R&D center in Mysuru, Panicker said the company is a couple of months away.For both projects, the respective state governments have given their approvals.Telangana has given a 25 subsidy for the OSAT project, and a fresh 50 subsidy will be given by the central government when the approval comes through under the India Semiconductor Mission 10 billion incentive scheme. According to reports, California-based semiconductor company Advanced Micro Devices (AMD) India and the Indian Institute of Science (IISc), Bengaluru, have set up a joint initiative to advance High-Performance Computing (HPC) and AI research in the country.AMD will work closely with a group of teachers and analysts from IISc to consider heterogeneous computing counting the zones of center plan, AI preparing, deduction, and compilation. The investigative mental property (IP) will be together claimed by the parties.AMD will also support understudies seeking inquiries about regions like low-power plans, Machine Learning (ML)-based plan advancements, pruning, and quantization for ML models.According to AMD, In expansion, AMD has given a cluster of HPC hubs with EPYC Processors, MI Intuitive GPUs and Alveo V70 quickening agents to IISc. HPC & AI are on a very basic level rethinking the world of innovation and AMD is in the middle with our portfolio of computing items."The investigative association with IISc, in these ranges, will offer assistance to our engineers in discovering better approaches to upgrade our items to handle a few of the world's hardest challenges," says Jaya Jagadish, country head and senior vice president, AMD India.Professor Ramaswamy Govindarajan from the computer science and automation department of IISc says, "This collaboration will help find innovative solutions in the areas of optimization, compilation, and partitioning for heterogeneous computing platforms."Bolsens says, "We have some of the sharpest engineering talent in India and this opportunity will allow them to drive research in evolving and futuristic technologies relevant to AMD."In expansion, AMD has given a cluster of HPC hubs with EPYC Teacher The collaboration between IISc and AMD India goes back to 2000 when the company began its R&D operations in India. KAYNES SEMICON TO INVEST RS 2,850 CRORE IN A FACILITY IN HYDERABADAMD INDIA PARTNERS WITH IISC BENGALURU TO DEVELOP AI & HPC RESEARCH
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