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NEWS TAGGED INDIA
Monday 4 November 2024
PSMC secures initial IP payment from Tata for India's first 12-Inch wafer fab, eyes 2026 mass production
After parting away with Japanese financial firm SBI Holdings, Powerchip Semiconductor Manufacturing Corporation (PSMC) announced that it has received the initial payment from Tata...
Monday 4 November 2024
India roundup: Korean chipmakers lukewarm on India's semiconductor expansion
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.
Friday 1 November 2024
Suzuki to supply made-in-India electric SUV to Toyota by early 2025
Toyota Motor and Suzuki Motor have partnered to launch a new battery electric SUV in spring 2025. The vehicle, to be produced in India, will feature a 60-kilowatt-hour battery and...
Friday 1 November 2024
Samsung leads in Indian smartphone shipment value, followed by Apple
India achieved its highest-ever quarterly smartphone shipment value, driven by a premiumization trend that favored Samsung and Apple. MediaTek dominated the premium mobile AP market,...
Friday 1 November 2024
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...
Wednesday 30 October 2024
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...
Tuesday 29 October 2024
Sasken Technologies' partnership with Trustonic elevates automotive cybersecurity
Sasken Technologies has taken a significant step forward in the automotive cybersecurity landscape through its recent partnership with Trustonic. This collaboration marks a new chapter...
Monday 28 October 2024
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...
Monday 28 October 2024
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...
Monday 28 October 2024
Foxconn's US$31.8 million equipment buy from Apple signal major iPhone production boost in India
On October 24, Foxconn's Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, announced a transaction with Apple Operations Limited to acquire a batch...
Monday 28 October 2024
India roundup: Nvidia pivots to India as growth engine
Nvidia CEO Jensen Huang urges India to be an AI manufacturing powerhouse as well as an exporter. Foxconn procured equipment from Apple amid global production relocation.
Friday 25 October 2024
Garmin targets double-digit growth in Indian wearables market amid fierce competition
Garmin aims for double-digit growth in India, where rising health consciousness presents new opportunities despite fierce competition from local brands and Chinese smartphone maker...
Friday 25 October 2024
Foxconn procures equipment for making iPhone Pro series in India as Apple reportedly seeks new local suppliers
Apple is expanding its manufacturing capabilities in India. Foxconn is acquiring equipment for its Indian subsidiary, and Apple is actively searching for more local suppliers. Additionally,...
Friday 25 October 2024
India is a future AI exporter, equipped with all essential ingredients, says Jensen Huang
Nvidia CEO Jensen Huang addressed the Nvidia AI Summit India on October 24, expressing the company's optimism about the lucrative AI opportunities in India, both in terms of supply...
Thursday 24 October 2024
Zomato's second-quarter results surpass expectations, but aggressive expansion costs loom
Zomato's second-quarter financial results surpassed market expectations, driven by robust revenue growth across segments and improved profitability. However, analysts warn that the...