Synopsys believes its generative AI solution can be a boost for India's IC design industry. States in India are wooing semiconductor investments.
Synopsys expects its chip GPT to be critical in developing Indian semiconductor talent
In November 2023, Synopsys announced the introduction of its Gen AI solution. This development made Synopsys the first company to implement Gen AI in the complex field of chip design. The company anticipates that this technology will play a significant role in improving the training of semiconductor talent.
Gujarat in talks with Asian and American chipmakers for semiconductor investments
Bhupendra Patel, chief minister of Gujarat, said that the state is talking with chipmakers in Japan, South Korea, and the US for investments, and officials had visited Japan, meeting with executives of chipmakers in the country.
Wistron ramps up hiring in India after selling iPhone business to Tata
After selling its iPhone manufacturing business to Tata Electronics, Wistron plans to ramp up hiring in Naraspura, Karnataka, offering job positions including data analysis, optical inspection engineering, automation engineering, Final Assembly Test and pack (FTA) production, product development engineering, quality control, and industrial engineering.
Indian EV sales surge moderates in 2023, yet remains explosive
India saw an annual sales growth of 50% in 2023 in EVs, reaching 1.5 million units. About 56% of the EV sales came from E2Ws, and 38% were electric three-wheelers (E3Ws). Electric four-wheelers (E4Ws) accounted for 5% of total four-wheeler sales in India.
VinFast reportedly eyeing a battery plant in southern India
Reuters quoted sources saying VinFast may establish a battery manufacturing facility in Thoothukudi, Tamil Nadu. According to the report, VinFast officials visited Thoothukudi and may plan to sell electric two-wheelers (E2Ws) and electric four-wheelers (E4Ws) in India.
Xiaomi set up three-year strategy to reclaim glory in India
Xiaomi India president Muralikrishnan B said at a media briefing that the company set up a three-year comeback strategy to become India's most preferred smartphone and AIoT brand by focusing on premiumization, an integrated smartphone AIoT experience, and synergizing the omnichannel sales strategy.
The rise of Transsion in Indian smartphone market poses threats to its Chinese counterparts
Business Standard, citing Counterpoint Research, reported that three brands under Transsion, Tecno, Itel, and Infinix, increased their combined smartphone market share from 6.3% in 2022 to 8.6% in 2023, closing in on their Chinese counterparts like Oppo. Meanwhile, the top five smartphone brands by market share in India saw their combined share fall from 80% to 73% in a market moving from concentration toward fragmentation. Transsion's rise may challenge its Chinese counterparts in the Indian smartphone market.
