Samsung receives better pre-orders for its latest foldable phones compared to a year ago amid smartphone premiumization. Honor denied any association with India-based HonorTech that plans to bring Honor-branded phones back to India.
Samsung received 1.5x growth in pre-orders for its latest foldable phones in India
Amid the smartphone premiumization in India, Raju Pullan, senior vice president of mobile business at Samsung India, said that Galaxy Z Flip5 and Galaxy Z Fold 5 received a record pre-booking of 150,000 units worth INR15 billion (US$180 million). The pre-orders for the two models are 1.5x of their previous generation in India.
Reliance reportedly to commission solar module facility by March 2024
The Economic Times quoted sources saying that Reliance is gearing up to initiate its 5GW module manufacturing capability in Jamnagar, Gujarat, by the end of fiscal 2024 (April 2023 to March 2024), with subsequent plan to expand it to 20GW by 2026.
Honor denied association with India-based HonorTech
Days after Indian HonorTech announced bringing Honor-branded smartphone back to India under a license agreement, Honor said in a statement that the company did not and has no plan to set up a subsidiary in India, and HonorTech is not a partner and is not associated with Honor, adding that Honor does business in India through a distributor and has no plan for technology transfers, including software, hardware, or service management transfers.
US tech companies protesting India's import restrictions on computers
According to Bloomberg, eight American trade groups, including the Information Technology Industry Council, the National Association of Manufacturers, and the Semiconductor Industry Association, asked the US government agencies, including the Department of Commerce and the US Trade Representative, to urge India to reconsider the import restriction.
Tailored tech: how an Indian startup innovates with custom accelerators
As India is actively developing a semiconductor ecosystem, Bangalore-based Morphing Machines is also developing accelerators in fields such as AI, ML, and 5G/6G across applications for different architectures, such as x86, Arm, and RISC-V, Deepak Shapeti, co-founder and CEO of Morphing Machines told DIGITIMES Asia.
