Latest news with #OutsourcedSemiconductorAssemblyandTest
The Sun
6 days ago
- Business
- The Sun
Malaysia launches RM90m semiconductor fund to boost advanced packaging
KUALA LUMPUR: The Malaysian government has launched a RM90 million Science Endowment matching fund to establish the country as a global leader in advanced semiconductor packaging, a sector currently dominated by nations like Taiwan. Deputy Prime Minister Datuk Seri Fadillah Yusof announced the initiative, emphasising its role in modernising Outsourced Semiconductor Assembly and Test (OSAT) capabilities. 'This strategic move aligns with the National Semiconductor Strategy and addresses the rising global demand for AI chips while boosting Malaysia's electrical and electronics exports,' Fadillah said during the 30th Anniversary of the Academy of Sciences Malaysia (ASM) and the 2025 Fellow Awards ceremony. He highlighted that the fund is not just government investment but an open call for local industries to innovate and strengthen Malaysia's position in next-generation semiconductor manufacturing. The event was also attended by Minister of Science, Technology and Innovation (MOSTI) Chang Lih Kang and ASM President Datuk Dr Tengku Mohd Azzman Shariffadeen. Fadillah pointed to Malaysia's recent climb to 23rd in the World Competitiveness Ranking as motivation to further enhance technological innovation and industry-research collaboration. 'We are transitioning from 'Made in Malaysia' to 'Made by Malaysia,' focusing on a knowledge-driven economy under the 13th Malaysia Plan,' he added. In line with Malaysia's ASEAN chairmanship, Fadillah urged scientists to strengthen regional cooperation. ASM is set to launch a foresight report, 'ASEAN Ahead: ASEAN STI Ecosystem Foresight 2035 and Beyond,' during the October ASEAN Summit, serving as a foundation for the ASEAN Plan of Action for Science, Technology and Innovation (APASTI 2026-2035). Chang Lih Kang praised ASM for its evidence-based research and cross-sector engagement, which has contributed to key national roadmaps, including hydrogen technology and nuclear policy. The ceremony also honoured three Senior Fellows and 63 new ASM Fellows, bringing the total to 535 distinguished scientists and engineers. - Bernamapix
Economic Times
01-07-2025
- Business
- Economic Times
BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems
Live Events BEL share price target (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Bharat Electronics Limited BEL ) will be in focus on Tuesday after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since its last update on June 20, newly acquired orders cover a wide range of strategic and defence equipment, including radars , communication systems, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related last week, BEL signed a Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on domestic manufacturing and technology development. The partnership aims to enhance India's self-reliance in the defence and electronics Technologies is a provider of software, electronics engineering, and manufacturing solutions. The strategic partnership will focus on key areas such as Wi-Fi and 5G-based networking subsystems, software-defined networking solutions, radar technologies, and naval systems, serving sectors like defence, railways, and other priority June 6, BEL also announced a strategic tie-up with Tata Electronics to explore opportunities in semiconductors and advanced electronics. The scope of the partnership includes chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication, aligning with India's ambitions for self-sufficiency in high-tech to Trendlyne, the average analyst target for BEL is Rs 407, indicating a slight downside of about 3% from current levels. Of the 23 analysts covering the stock, the consensus rating remains 'Buy'. BEL shares have rallied nearly 43% year-to-date and have delivered a robust return of 235% over the past two years. The company currently has a market capitalisation of approximately Rs 1.5 lakh crore.
Time of India
01-07-2025
- Business
- Time of India
BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems
Shares of Bharat Electronics Limited (BEL) will be in focus after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since June 20, 2025. The orders span radars, communication systems, EVMs, jammers, and more. Additionally, BEL signed an MoU with VVDN Technologies to boost domestic manufacturing and technology development, strengthening India's defence and electronics self-reliance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads BEL share price target Shares of Bharat Electronics Limited BEL ) will be in focus on Tuesday after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since its last update on June 20, newly acquired orders cover a wide range of strategic and defence equipment, including radars , communication systems, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related last week, BEL signed a Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on domestic manufacturing and technology development. The partnership aims to enhance India's self-reliance in the defence and electronics Technologies is a provider of software, electronics engineering, and manufacturing solutions. The strategic partnership will focus on key areas such as Wi-Fi and 5G-based networking subsystems, software-defined networking solutions, radar technologies, and naval systems, serving sectors like defence, railways, and other priority June 6, BEL also announced a strategic tie-up with Tata Electronics to explore opportunities in semiconductors and advanced electronics. The scope of the partnership includes chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication, aligning with India's ambitions for self-sufficiency in high-tech to Trendlyne, the average analyst target for BEL is Rs 407, indicating a slight downside of about 3% from current levels. Of the 23 analysts covering the stock, the consensus rating remains 'Buy'. BEL shares have rallied nearly 43% year-to-date and have delivered a robust return of 235% over the past two years. The company currently has a market capitalisation of approximately Rs 1.5 lakh crore.
Time of India
23-06-2025
- Business
- Time of India
BEL shares in focus after securing Rs 585-crore defence orders; June tally nears Rs 3,500 crore
Shares of Bharat Electronics Ltd (BEL) will be in focus on Monday after the state-owned defence electronics major announced fresh orders worth Rs 585 crore, adding to a string of recent wins that have pushed its total order inflow for June to nearly Rs 3,500 crore. Also Read: 11 Nifty mid & smallcap stocks that can rally 40-90% over the next 12 months by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your IQ Is 140 If You Can Answer 10 Of These Questions Correctly IQ International Undo In a stock exchange filing on Friday (June 20), BEL said the new orders include fire control systems, missile sighting systems, communication equipment, jammers, critical spares, and associated services. This follows BEL's strategic partnership with Tata Electronics, announced on June 6. The two firms signed a memorandum of understanding (MoU) to jointly pursue opportunities in semiconductors and advanced electronics, including chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication. The move aligns with India's push for self-reliance in high-tech manufacturing. Earlier, on June 4, BEL had announced Rs 537 crore worth of new contracts for advanced communication systems, shipborne equipment, jammers, simulators, and other defence electronics. Live Events That was followed by a major Rs 2,323 crore order from Mazagon Dock Shipbuilders and Garden Reach Shipbuilders for base and depot spares to support missile systems on Indian Navy vessels. With these wins, BEL's total order inflow for June now stands at nearly Rs 3,500 crore, reinforcing its key role in India's defence and aerospace ecosystem. BEL share price target According to Trendlyne, the average analyst target for BEL is Rs 405, suggesting a slight downside of about 1% from current levels. Of the 23 analysts tracking the stock, the consensus rating remains 'Buy'. On the technical front, the Relative Strength Index (RSI) is at 72.8—indicating overbought territory, which could signal a potential pullback. However, the stock continues to trade above its 20-day, 50-day, 100-day, and 200-day simple moving averages (SMAs), reflecting strong bullish momentum. BEL shares have gained around 40% year-to-date and delivered an impressive return of 225% over the past two years. The company's current market capitalisation stands at approximately Rs 1.45 lakh crore. Also Read: US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk? ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times
23-06-2025
- Business
- Economic Times
BEL shares in focus after securing Rs 585-crore defence orders; June tally nears Rs 3,500 crore
Shares of Bharat Electronics Ltd (BEL) will be in focus on Monday after the state-owned defence electronics major announced fresh orders worth Rs 585 crore, adding to a string of recent wins that have pushed its total order inflow for June to nearly Rs 3,500 crore. ADVERTISEMENT Also Read: 11 Nifty mid & smallcap stocks that can rally 40-90% over the next 12 months In a stock exchange filing on Friday (June 20), BEL said the new orders include fire control systems, missile sighting systems, communication equipment, jammers, critical spares, and associated services. This follows BEL's strategic partnership with Tata Electronics, announced on June 6. The two firms signed a memorandum of understanding (MoU) to jointly pursue opportunities in semiconductors and advanced electronics, including chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication. The move aligns with India's push for self-reliance in high-tech on June 4, BEL had announced Rs 537 crore worth of new contracts for advanced communication systems, shipborne equipment, jammers, simulators, and other defence electronics. That was followed by a major Rs 2,323 crore order from Mazagon Dock Shipbuilders and Garden Reach Shipbuilders for base and depot spares to support missile systems on Indian Navy vessels. ADVERTISEMENT With these wins, BEL's total order inflow for June now stands at nearly Rs 3,500 crore, reinforcing its key role in India's defence and aerospace ecosystem. ADVERTISEMENT According to Trendlyne, the average analyst target for BEL is Rs 405, suggesting a slight downside of about 1% from current levels. Of the 23 analysts tracking the stock, the consensus rating remains 'Buy'.On the technical front, the Relative Strength Index (RSI) is at 72.8—indicating overbought territory, which could signal a potential pullback. However, the stock continues to trade above its 20-day, 50-day, 100-day, and 200-day simple moving averages (SMAs), reflecting strong bullish momentum. ADVERTISEMENT BEL shares have gained around 40% year-to-date and delivered an impressive return of 225% over the past two years. The company's current market capitalisation stands at approximately Rs 1.45 lakh crore. Also Read: US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk? (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
