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IN THE NEWS
Wednesday 13 September 2023
Network device makers see orders from Asia Pacific strengthen
Taiwan-based network device companies have seen a substantial pickup in customer orders from the Asia Pacific region, particularly India, since the second half of 2023, according...
Wednesday 13 September 2023
Tesla and suppliers investments in Mexico to triple, says Mexican governor
As Tesla proceeds with the construction project of a gigafactory in Mexico, the total investment is said to surge, according to Mexico's Nuevo Leon governor, Samuel Garcia, who added...
Wednesday 13 September 2023
SE Asia to emerge as major chip hub as US looks to nurture Vietnam
Following the semiconductor partnership between the US and Vietnam and US-based GlobalFoundries' opening of a new plant in Singapore, the US is looking to build a more diversified...
Tuesday 12 September 2023
India's EV boom: the rising significance of battery recycling
As the demand for EVs in India continues to rise, so does the need for batteries. At the moment, lithium-ion batteries are the primary roadblock in India's efforts to be self-sufficient...
Monday 11 September 2023
Nvidia to build AI infrastructure and train engineers in India
Following the meeting between India's Prime MInister Narendra Modia and Nvidia CEO Jensen Huang, Nvidia announced a partnership with Reliance Industries for buildning AI infrastructure...
Monday 11 September 2023
India roundup: Foxconn levarages India's PC manufacturing incentive scheme to expand
Foxconn applied for India's incentive schemes for computer and semiconductor manufacutring. Nvidia is optimistic about India's AI demands and is looking to expand the market.
Friday 8 September 2023
Foxconn committed to computer manufacturing in India through 3 entities
India hopes to encourage local manufacturing of computers with the Production Linked Incentive (PLI) for IT hardware, and Foxconn's decision to apply for the scheme through three...
Friday 8 September 2023
Foxconn reportedly partners with STMicroelectronics for semiconductor investments in India
Foxconn reportedly partnered with STMicroelectronics for semiconductor investments in India, and Foxconn's former chip partner Vedanta submitted a separate application for India's...
Friday 8 September 2023
India's reliance on China increases as electronics production grows
Amid global supply chain diversification, India keeps attracting investments from global and local manufacturers. However, India's growing electronics production comes with a rising...
Thursday 7 September 2023
India approves incentives for battery storage projects
India's cabinet has approved a plan to incentivize battery storage projects, as the South Asian country is pursuing carbon reduction and encouraging EV adoption.
Thursday 7 September 2023
Ather Energy secures fresh funding from MotoCorp
According to a corporate filing, Hero MotoCorp announced that its board of directors had approved an investment of up to INR5.5 billion (US$66.2 million) in Ather Energy, adding that...
Thursday 7 September 2023
Smartphone industry scouts India for signs of recovery
As India's festival season approaches, the smartphone industry is closely watching for signs of recovery in the world's second-largest smartphone market, which has seen shipments...
Wednesday 6 September 2023
Continental says automotive electronics to take up 45% of vehicle costs in 2035
The MEMS and Sensors Forum, part of Semicon Taiwan 2023, was held on September 5. Keynote speaker Prashanth Doreswamy, president and CEO of Continental Automotive Components (India)...
Wednesday 6 September 2023
Foxconn to step up investment in Mexico
Foxconn (Hon Hai Technology Group) is expanding its presence in Mexico by signing a strategic partnership with the Mexican state of Chihuahua. The partnership signals an expansion...
Tuesday 5 September 2023
Taiwan exports to India grow in 1H23, bucking declines in sales to most NSP states
Taiwan's exports to India increased 12.4% on year in the first half of 2023 on the relocation of electronics component supply chain there, bucking the declines in shipments to most...