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Wednesday 2 October 2024
Foxconn confirms investments in India, likely its OSAT venture with HCL
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
LATEST STORIES
Monday 30 September 2024
Foxconn refused to comment on rumored US$1 billion smartphone display module assembly line in India
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
Monday 30 September 2024
India roundup: PSMC finalizes fab deal with Tata; US-India to establish national security fab
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
Monday 30 September 2024
Massive fire at Tata Electronics' iPhone manufacturing facilities in Tamil Nadu prompts investigation
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
Friday 27 September 2024
Taiwan's Giga Solar Materials to establish sales office in India, eyeing local manufacturing
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
Friday 27 September 2024
US and India launch national security fab for compound semiconductors amid export control challenges
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
Thursday 26 September 2024
Acer subsidiary secures major workstation order from BHEL
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
Thursday 26 September 2024
Samsung secures 5G equipment order from India's third-largest wireless operator
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
Wednesday 25 September 2024
India-based Sahasra unveils IPO date, eyeing memory ATMP business
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)
Wednesday 25 September 2024
Foxconn-backed automotive IC design house to set up R&D center in India
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
Wednesday 25 September 2024
Henkel expands semiconductor focus in India with plans for advanced packaging
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
Tuesday 24 September 2024
India's antitrust regulator reportedly seeks Amazon and Flipkart's financials, signaling potential fines
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
Tuesday 24 September 2024
Modi urges US tech giants to leverage AI opportunities in India's expanding market
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
Monday 23 September 2024
First OSAT facility supported by former cricketer inaugurated in Maharashtra, India
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
Monday 23 September 2024
Tata and Analog Devices join hands to explore opportunities for chipmaking and electronics manufacturing India
Tata Group and Analog Devices have announced a strategic alliance to explore cooperative manufacturing opportunities by using Analog Devices's products in Tata applications
Monday 23 September 2024
Uttar Pradesh to build a semiconductor park as Indian states woo chip investments
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
Research Report Database
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research