India sees major tech and industry shifts: Intel's OSAT speculation grows, Asus recovers US$161.9M, Netrasemi preps AI SoCs, Samsung faces US$601M tax demand, smartphone and renewable energy sectors surge, and OpenAI, Meta eye Reliance partnership.
Intel CEO Lip-Bu Tan's appointment sparks renewed hopes for India
Intel's appointment of Lip-Bu Tan as CEO has renewed speculation about an OSAT facility in India. While not imminent, analysts see potential due to India's subsidies and geopolitical shifts. Intel's advanced packaging expertise and supply network could accelerate India's semiconductor growth, making it a strong candidate for future investments.
DIGITIMES exclusive: Asus recovers US$161.9M in bad debt from Indian client, continues to push AI server business
Asus recently announced the recognition of a NT$5.35 billion (approx. US$161.9 million) bad debt for the fourth quarter of 2024, stemming from delayed payments by an Indian client. The company has reportedly recovered this payment, allowing them to reverse the bad debt, which could positively impact their profits for the full year of 2025.
India's Netrasemi to launch AI-optimized SoCs for edge computing, eyes global market
Indian semiconductor startup Netrasemi is set to launch its first AI-optimized system-on-chips (SoCs) for edge computing applications, with tape-outs scheduled at TSMC in April and June.
India reportedly demands Samsung pay US$601 million in back taxes and penalties for tariff evasion
Reuters, citing a government order, reported that India required Samsung and seven of its executives to pay US$601 million in back taxes and penalties for allegedly evading tariffs on imported telecom equipment. The demand includes US$520 million in unpaid taxes and a 100% penalty, along with US$81 million in fines for the executives.
Foxconn, Tata, and Dixon lead India's smartphone manufacturing momentum
India's smartphone manufacturing rose in 2024, driven by Apple and Samsung exports, with Foxconn, Tata, and Dixon Technologies significantly increasing production.
India's renewable energy sector sees record growth, says firm serving Tata and Adani
India's renewable energy sector is booming, fueled by major corporate investments and ambitious government targets of 300GW capacity in 5-6 years. significant growth in solar and wind power, coupled with technological advancements like hybridization and domestic manufacturing push, positions India as a global clean energy leader.
OpenAI, Meta reportedly seek alliance with India's Reliance
OpenAI and Meta are exploring a potential partnership with India's Reliance Industries, according to The Information. Executives from OpenAI have engaged in discussions with Reliance about collaborating on product and sales initiatives. OpenAI hopes to leverage Reliance's business segments, including its wireless carrier Jio, to sell or distribute its AI solutions like ChatGPT.
Article edited by Jack Wu
