Foxconn reportedly plans to invest approximately US$50 million in its Outsourced Semiconductor Assembly and Test (OSAT) joint venture with HCL, as India continues to offer attractive subsidies for chipmaking facilities
Foxconn is reportedly evaluating an investment of US$1 billion to establish a smartphone display module assembly plant in Tamil Nadu, India, possibly the first in Southern India, a rumor Foxconn refused to comment
PSMC and Tata finalized a deal for India's first commercial fab in three decades. The US and India agreed on a national security fab, which is likely to subject to US export curbs
A significant fire erupted at Tata Electronics' iPhone component manufacturing facility in Tamil Nadu, India, forcing a temporary closure of the plant. While the fire has been extinguished, authorities are investigating its cause. This incident adds to a series of disruptions affecting iPhone manufacturing in India
Taiwan-based Giga Solar Materials Corp (GSMC) announced on September 25 that it will establish a sales office in India in the fourth quarter of 2024, driven by optimism about the solar potential in that market. If monthly demand exceeds ten tons, the company will evaluate plans for local manufacturing
The US and India recently announced the establishment of a national security fab dedicated to producing chips using compound semiconductors, marking a significant milestone in India's semiconductor ambitions. However, US export control regulations applied to the fab may impact its operational effectiveness
Altos Computing, a subsidiary of Acer, has successfully secured a significant order for workstations from Bharat Heavy Electricals Limited (BHEL), a prominent state-owned enterprise in India. Notably, the workstations are assembled locally in India, supporting the country's ambitions for developing its electronics manufacturing sector
Samsung Electronics has secured a contract valued at approximately US$720 million to supply 4G and 5G telecom equipment to Vodafone Idea, India's third-largest telecom operator. This agreement marks a significant milestone for Samsung, as it has now secured orders from the top three wireless operators in India
Sahasra Electronics, an India-based electronics manufacturing services (EMS) provider eyeing the semiconductor packaging business, is set to launch an initial public offering (IPO) on September 26, aiming to raise INR1.86 billion (approx. US$22.3 million)
Foxconn-backed SiliconAuto established a new R&D center in Bengaluru that will specialize in designing semiconductor products and developing SoC solutions for the automotive industry. The focus will be on developing cutting-edge semiconductor solutions for EVs, autonomous driving, and connected car technologies
As India's semiconductor ambitions take shape, Henkel, the global industrial adhesives and electronics packaging giant, is positioning itself to support the country's emerging semiconductor ecosystem
Following a Reuters report revealing anti-competitive practices by Amazon and Flipkart, the Indian antitrust regulator has reportedly requested financial results from both companies, potentially signaling a move toward imposing fines
Leading technology companies in the US, including Nvidia and Google, have announced their commitment to India as Indian Prime Minister Narendra Modi invited them to seize opportunities arising from India's growth during his three-day visit to the US
India-based RRP Electronics inaugurated an INR120 billion (US$1.4 billion) OSAT facility in Maharashtra, the second chipmaking project after Adani-Tower Semiconductor's wafer fab in the state
Tata Group and Analog Devices have announced a strategic alliance to explore cooperative manufacturing opportunities by using Analog Devices's products in Tata applications
Uttar Pradesh, one of India's electronics manufacturing hubs, plans to establish a semiconductor park as states compete for investments amid India's chipmaking ambition