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Tuesday 15 November 2022
Smartphone shipments in India decline to nearly 4-year low
Due to rising inflation and an economic slowdown, India's smartphone market saw the worst quarterly result in nearly four years. MediaTek retained its lead in the Indian smartphone...
Monday 14 November 2022
PC brands turn to Asia Pacific for sales in 4Q22, says Acer executive
PC brand vendors are gearing up product promotions in Asia Pacific, where end demand is not undermined by the inflation as seriously as in Europe and North America and some vendors...
Monday 14 November 2022
Volvo Cars India sets ambitious target of 50% sales from EVs by 2025
Swedish luxury carmaker Volvo aims to become an all-electric company by 2030 as part of its ambitious climate plan to consistently reduce its carbon footprint per car and become a...
Monday 14 November 2022
India sees golden opportunity to be global mobile manufacturing hub
Foxconn reportedly plans to expand hiring in India as China maintains its non-tolerance COVID policy. However, a heavy reliance on imported components from China still prevents India...
Monday 14 November 2022
India roundup: Foxconn reportedly to quadruple workforce in India
As China's strict COVID policy keeps disrupting electronics supply chain, Foxconn is reportedly planning to add more workers in India. Meanwhile, more and more conglomerates in India...
Friday 11 November 2022
Tamil Nadu to diversify manufacturing from consumer electronics and textile to EV
A delegation from India's Tamil Nadu state government visited Taiwan at the end of October, holding meetings with electronics manufacturer Foxconn, Pegatron, Taiwan Electrical and...
Friday 11 November 2022
Foxconn to grow EV client portfolio in 2023
Hon Hai Precision Industry (Foxconn) regards 2023 as a crucial year for its electric vehicle (EV) business expansion, as the company's growing EV client portfolio expands further,...
Thursday 10 November 2022
China unveils new policies to solicit foreign investments in manufacturing operations
China's severe COVID lockdown measures and tough sanctions from the US have sparked concerns that supply chain relocation to India and Vietnam will be accelerated. This has prompted...
Thursday 10 November 2022
India to encourage import substitution for 5G telecom gear
India expects to unveil its home-grown 5G telecom gear in early 2023, and is reportedly considering requiring local telecom operators to procure the indigenously-made 5G telecom ge...
Wednesday 9 November 2022
MIH poised to make EVs with concept car coming in 2023
MIH, an open EV alliance initiated by Foxconn, announced its plan to build electric vehicles on November 8. The group will utilize a modular design approach that allows parts to be...
Wednesday 9 November 2022
Reliance, HCL reportedly to invest in chip fab via ISMC
As the Indian government is keen to develop a semiconductor ecosystem amid its growing demand for electronics and the global supply chain relocation, big local conglomerates are reportedly...
Tuesday 8 November 2022
Wistron emerges as top investor under India's PLI for mobile manufacturing
Wistron, one of the contract manufacturers for iPhone, has so far reportedly become the largest investor under India's incentive policy for mobile phone manufacturing.
Monday 7 November 2022
Apple bucks the trend in India's smartphone market amid economic headwinds
The inflation-led economic slowdown has damped India's smartphone shipments in the third quarter, while Apple witnessed its highest-ever record, thanks to the best-seller iPhone 13...
Monday 7 November 2022
India roundup: ADATA to make memory modules in India
Taiwan-based companies, including ADATA, Gogoro, and contract manufacturers of iPhone, are expanding their investments in India. ADATA is expected to be the first Taiwanese company...
Friday 4 November 2022
Foxconn co-founds EV brand in Saudi Arabia
Foxconn announced on Nov. 3 that it will be manufacturing EVs in Saudi Arabia under a new EV brand Ceer, which will be the first locally produced automobile brand in the country,...