South Korean semiconductor firms have shown little interest in investing in India, even as U.S. and Japanese semiconductor companies begin to establish a presence there.
Korean chipmakers lukewarm on India's semiconductor expansion
As the US persists with its chip restrictions on China, global semiconductor firms are increasingly eyeing India as a prime investment destination. Capitalizing on this trend, India is actively working to attract foreign investments. Amid this backdrop, there is heightened speculation regarding whether South Korean semiconductor giants Samsung Electronics and SK Hynix will join in this investment wave.
iPhone 17 reportedly being developed in India as made-in-India export value surges
Apple is reportedly starting the design and development of the iPhone 17 in India, a significant milestone for the made-in-India iPhones. This shift coincides with rumors of a surge in export values for iPhones produced in India between April and September, indicating an accelerated pace of Apple's supply chain development.
Foxconn poised to benefit as manufacturers pivot investment to India amid geopolitical shifts
Amid the countdown to the US presidential election, discussions regarding whether the incoming president will step up manufacturers to invest in India emerge, highlighting Foxconn's advantages thanks to its global production.
Dixon to make notebooks for top vendors in India, becoming largest beneficiary of scrutiny against Chinese investments
Dixon Technologies, the largest India-based EMS/ODM, said it had bagged orders of four out of five top PC brands in India. The company is expanding its mobile phone manufacturing business with the acquisition of the Indian subsidiary of Transsion Group.
Hyundai's IPO in India highlights ambition to boost EV production and export hub strategy in India
Hyundai Motor's Indian subsidiary (HMIL) has officially listed in India, raising US$3.3 billion in the country's largest IPO to date. Hyundai plans to leverage India's position as the world's third-largest automotive market to establish it as a strategic export hub, targeting emerging markets such as Southeast Asia.
