L&T Semiconductor Technologies is on its way to bag IC design orders in the booming Indian semiconductor market. India's wearable shipments fell for the first time amid a lack of innovation.
Indian IC design startup seeks six automotive contracts and eyes mid-term chipmaking investment
L&T Semiconductor Technologies, an Indian startup set up less than a year ago, expects to begin developing chips for six automobile companies and eventually venture into the chipmaking business.
India sees 7% smartphone shipment growth in 1H24
India's smartphone market experienced a 7.2% shipment growth during the first half of 2024. However, as premiumization continues, consumer demand is expected to remain constrained.
India watchdog to withdraw report accusing Apple of market abuse
India's antitrust regulator will withdraw a report that found Apple Inc. abusing its dominance of the domestic market, currently backtracking from its high-profile investigation into the US company.
Shifting focus: how VCs in India are turning to deep tech
India's startup scene is shifting focus from e-commerce and fintech to deep tech. While this sector once struggled to attract investment, growing interest in innovation and patient capital is driving a change. VCs are now backing deep tech startups, recognizing their potential to shape the future. However, challenges in evaluation and support persuasion persist.
India's wearables shipments fall for the first time
India's wearables market, previously on a rapid growth trajectory, has recently experienced its first-ever decline in shipments. This downturn is largely attributed to a price war that has stifled innovation in the sector.
