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Tuesday 30 July 2024
Ola Electric to raise US$734 Million, likely to be largest IPO in India in 2024
According to Bloomberg and Reuters, Indian electric two-wheeler (E2W) maker Ola Electric Mobility is set to launch its initial public offering (IPO). The company aims to raise up...
Tuesday 30 July 2024
5G remote collaboration for smart manufacturing pivotal as EMS production migrates out of China
Taiwan's Ministry of Digital Affairs (MODA) is promoting the application of 5G private networks to increase the competitiveness of all industries by combining 5G with semiconductor...
Tuesday 30 July 2024
Foxconn expands capacity in India to support more product lines
Hon Hai Technology (Foxconn) has been ramping up production capacity in India to extend support to more product lines, according to industry sources.
Monday 29 July 2024
Apple reportedly to make iPhone Pro series in India by March 2025, locally-made iPad under evaluation
Apple is expanding its manufacturing footprint in India. The company reportedly plans to produce the high-end iPhone 16 Pro and Pro Max models in the country. Apple also aims to increase...
Monday 29 July 2024
Intel eyes local surging data center and PC markets amid Indian AI push
Amid a plan by India to invest heavily in GPUs to advance its national AI initiatives, Intel is optimistic about the potential in India's data center sector and is also eager to secure...
Monday 29 July 2024
MediaTek to expand Indian automotive chip market
MediaTek is expanding its reach beyond smartphones into the Indian automotive market.
Monday 29 July 2024
India roundup: India's latest fabless entrant iVP Semi targets domestic market with homegrown strategy
The Indian finance ministry lauded development in the mobile phone manufacturing ecosystem thanks to Apple suppliers, reducing import taxes benefiting Apple.
Monday 29 July 2024
Diversifying the supply chain: Taiwan taps multicultural ASEAN talent to tackle workforce shortage
As Taiwan's manufacturing industry diversifies its supply chain in accordance with the China+1 strategy and the government's Southbound policy, it has been relocating factories to...
Friday 26 July 2024
India reportedly to ease curbs on Chinese investments
As Narendra Modi enters his third term as India's Prime Minister, the country is reportedly expected to adopt a somewhat softer stance on its economic ties with China by easing its...
Thursday 25 July 2024
US urges Mexico to boost semiconductor investment to keep pace with heated nearshoring race
A high official of the US Agency for International Development (USAID) has recently urged Mexico to significantly increase investment in its semiconductor industry over the next two...
Thursday 25 July 2024
Tesla profit drop in 2Q24 highlights transformation challenges
Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to...
Wednesday 24 July 2024
Taiwan machinery sector gains from global supply chain reshuffle amid US-China tensions
Observers believe that US President Joe Biden's decision to forgo his re-election bid will undoubtedly boost Donald Trump's chances of returning to the White House. This could likely...
Wednesday 24 July 2024
India reduces import taxes for smartphones, benefiting Apple
In the latest budget, India reduced import taxes for smartphones and components, as well as 25 critical metals to develop local manufacturing ecosystems. India also increased import...
Tuesday 23 July 2024
India's latest fabless entrant iVP Semi targets domestic market with homegrown strategy
One of the newest additions to India's growing fabless startup scene is Chennai-based iVP Semi, founded by semiconductor veteran Raja Manickam. In a recent interview with Digitimes...
Tuesday 23 July 2024
Indkal targets US$35 million in sales for Acer-branded smartphones
India-based EMS/ODM startup Indkal Technologies has signed a deal to design, manufacture, and sell smartphones under the Acer brand. Indkal plans to use an omnichannel strategy for...