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IN THE NEWS
Monday 15 May 2023
Tata reported to receive 5% of iPhone 15 orders
As Wistron is reportedly on its way to selling its Indian manufacturing facility to Tata Group, a consulting firm estimates that the Indian conglomerate may receive a small portion...
Monday 15 May 2023
India's RISC-V startup InCore receives funding from Sequoia Capital
India-based RISC-V fabless chip startup InCore Semiconductors received funding from Sequoia Capital India, the second deal that the venture capital firm invested in India's semiconductor...
Friday 12 May 2023
Hyundai to invest US$2.45 billion to ramp up EV and battery manufacturing
Hyundai Motor signed an MoU with India's Tamil Nadu government to ramp up vehicle production and will set up battery manufacturing facilities as well as infrastructure to capitalize...
Friday 12 May 2023
India roundup: Foxconn expands Indian investments by capital injection and land acquisition
Global manufacturers such as Foxconn, Cisco, and Hyundai are expanding their manufacturing capabilities in India. India's local opto-semiconductor maker introduced sapphire substrates...
Friday 12 May 2023
India's homegrown chip manufacturer introduces sapphire substrates for LEDs
India's homegrown opto-semiconductor manufacturer Polymatech announced the successful production of sapphire wafers as the company is moving toward vertical integration.
Thursday 11 May 2023
India's top builder bets on $1.5 billion return from EV push
Larsen & Toubro Ltd.'s engineering services arm is ramping up investments in self-driving and electric vehicle technologies, betting on India's appeal as a source of expertise...
Thursday 11 May 2023
ASEAN offers not just geographical advantages
The rising labor cost in China and the changing international politics have given birth to a new value chain stretching from Shenzhen and Dongguan in southern China to northern Vietnam...
Thursday 11 May 2023
Gujarat wooing Taiwan-based semiconductor manufacturers
Gujarat, India's first state to launch a semiconductor policy, is wooing Taiwan-based electronics and semiconductor manufacturers to invest in India.
Thursday 11 May 2023
Foxconn: assembly allocation spotlighted, three questions on EV business waiting to be answered
As smartphone clients enter a transition period between new and old products and there are still no clear signs of demend recovery, the market expects Hon Hai Precision Industry (Foxconn)...
Thursday 11 May 2023
India reportedly to reopen application for semiconductor incentive scheme
As India's INR760-billion (US$92 billion) semiconductor and display fabs incentive scheme did not attract enough interest from global semiconductor majors, India is reportedly looking...
Thursday 11 May 2023
Cisco invests US$1 billion for 'Make in India'
Despite not being an applicant under India's incentive scheme for manufacturing telecom gear, Cisco announced it would begin making in India in a diversification move.
Wednesday 10 May 2023
ASEAN and South Asia are top choices for new production bases
According to data collected by DIGITIMES, all 949 publicly traded electronics firms in Taiwan generated sales totaling NT$953 billion in 2022. Manufacturers of electronic devices,...
Wednesday 10 May 2023
Thinking Electronic expects gradual recovery in passive component market
A gradual recovery is expected to take place in the passive component market in the second half of 2023, according to circuit protection device specialist Thinking Electronic Indus...
Wednesday 10 May 2023
Foxconn acquires more land in southern India for smartphone manufacturing
According to a filing by Foxconn Tuesday night, the world's largest electronics manufacturer has bought land near Bengaluru for future operation.
Tuesday 9 May 2023
India's phone production declines by 20%, worse than in 2022; brand inventory level reached 10 weeks
Industry sources stated that smartphone sales in India have continued to drop sharply in the past 6 months, which has resulted in an annual decrease of up to 20% in production from...