China and Japan have questioned India's import license requirements, highlighting renewed concerns from WTO members against India's unilateral trade measures.
Google has invested in India-based e-commerce giant Flipkart to leverage the local startup ecosystem, capitalize on the growing e-commerce market, and expand its cloud services.
Google plans to partner with Foxconn and Dixon Technologies to make Pixel smartphones in India. India's local companies continue to foray into the chipmaking business.
After registering a 72% growth in smartphone shipments in the first quarter, Poco, a sub-brand of Xiaomi, is looking to reach an annual smartphone shipment of ten million units in three years in India.
Reuters and Bloomberg, citing respective sources, reported that Google plans to invest billions of dollars to manufacture its Pixel smartphones in Tamil Nadu, partnering with Taiwan's Foxconn.
Cheng-wen Wu, Minister of the National Science and Technology Council (NSTC), said that Taiwan would be happy to share and transfer the experience of science park management to other friendly countries. However, Wu stressed the importance of reciprocity for mutual prosperity.
India-based Dixon Technologies reportedly will make Google's Pixel 8 smartphones starting in September following a deal signed between Taiwan-based Compal and Padget, Dixon Technologies' subsidiary.
As Ericsson scaled up its telecom gear production in India to meet local demand, the company plans to increase exports. This move aligns with the Indian government's push to make the country a powerhouse in electronics manufacturing by encouraging local production.
Amid the investment hype among India-based companies in the semiconductor field, Kaynes Technologies said its OSAT project witnessed delays due to the ongoing elections in India, with initial production planned for one or two years from now.
According to the latest notification, India continued to impose import authorization requirements for certain electronics and IT goods, specifying that new and used electronics and IT products can only be imported if registered with the Bureau of Indian Standards (BIS) and adhere to BIS labeling regulations.
India's second-largest telco, Airtel, recently announced a long-term partnership with Google Cloud. The collaboration is expected to offer cloud services and Generative AI (GenAI) products for Indian businesses.
Renesas Electronics highlighted the importance of the Indian market, aiming to boost its revenue share from India from the current 5% to between 10% and 15% by 2030. The company also stated that its future acquisition deals will be US$1-2 billion, with no immediate plans for larger multi-billion-dollar acquisitions.
Indian SaaS company Zoho is reportedly planning to invest US$700 million in semiconductor manufacturing. If true, this could mark another case of an Indian company entering the semiconductor sector. In terms of funding, this investment should be in the IC backend domain.
Indian solar energy company Orb Energy has reduced its reliance on Chinese components by over 20% in recent years, in line with the general trend of diversifying supply chains.
