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Wednesday 21 August 2024
Foxconn reportedly to begin iPhone Pro manufacturing in India soon
Just days after Foxconn chairman Young Liu visited Tamil Nadu, reports indicate that the company's iPhone plant in the southern Indian state will soon commence production of the latest...
Wednesday 21 August 2024
Japan to reportedly subsidize firms to develop supply chain, independent of China in SEA
Fifteen Japanese companies plan to invest approximately JPY100 billion (US$680 million) in research, development, and equipment across Southeast Asia, focusing on the electric vehicle,...
Wednesday 21 August 2024
Foxconn balances global expansion and client demands amid geopolitical shifts
Global manufacturing has been significantly influenced by geopolitical tensions in recent years, prompting the sector to revisit regionalization and local production plans. This shift...
Wednesday 21 August 2024
India sees healthy PC demand in 2Q24
India's PC market experienced its fourth consecutive quarter of growth in the second quarter of 2024, with shipments rising by 7.1% year-on-year. The introduction of AI PCs is anticipated...
Tuesday 20 August 2024
Taiwanese IPC maker to attend Automation Expo 2024 in India
Taiwan-based IPC maker DFI has announced its participation in Automation Expo 2024 in India.
Tuesday 20 August 2024
AMD's buyout of ZT Systems opens new doors for Inventec
AMD has announced its acquisition of server hardware firm ZT System (ZT), with...
Monday 19 August 2024
India launches AI mission tender, reportedly limiting GPU procurement to local companies
India has initiated the bidding process for its AI Mission, requiring data centers and cloud providers to form partnerships to supply AI resources, such as GPUs, to academia, startups,...
Monday 19 August 2024
Regionalized production benefits Foxconn
The US-China trade war, combined with the COVID-19 pandemic and subsequent global supply chain relocations, has benefited Foxconn due to its diversified global footprint.
Monday 19 August 2024
India roundup: Indian IC design startup seeks six automotive contracts and eyes mid-term chipmaking investment
L&T Semiconductor Technologies is on its way to bag IC design orders in the booming Indian semiconductor market. India's wearable shipments fell for the first time amid a lack...
Monday 19 August 2024
Foxconn chairman inaugurates first women-only housing complex, pursues EVs and energy in India
Following a meeting with Indian Prime Minister Narendra Modi, Foxconn's chairman, Young Liu, inaugurated a women-only residential complex for nearly 20,000 employees and announced...
Monday 19 August 2024
Disco plans to set up subsidiary in India amid Indian chipmaking ambition
Japan-based semiconductor equipment supplier Disco plans to establish its presence in India, as India plans to build a chipmaking ecosystem amid the global diversification in semic...
Friday 16 August 2024
Indian IC design startup seeks six automotive contracts and eyes mid-term chipmaking investment
L&T Semiconductor Technologies, an Indian startup set up less than a year ago, expects to begin developing chips for six automobile companies and eventually venture into the chipmaking...
Friday 16 August 2024
India sees 7% smartphone shipment growth in 1H24
India's smartphone market experienced a 7.2% shipment growth during the first half of 2024. However, as premiumization continues, consumer demand is expected to remain constrained.
Friday 16 August 2024
Contract electronics manufacturers adjust to become service-oriented
Taiwan-based contract electronics manufacturers are providing flexible production and shifting toward a more service-oriented business model.
Thursday 15 August 2024
Ola Electric reports wider loss after IPO debut
Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.