SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stably.
Backed by former cricketer, RRP Electronics plans to build Maharastra's first semiconductor OSAT facility in the state. Whether the project will materialize remains to be seen.
As India progresses in its Make-in-India initiative, particularly regarding semiconductor manufacturing, experts believe it will enter a period when investment begins to pick up.
As India embarks on semiconductor ecosystem building by approving chipmaking proposals in late February, analysts expressed their concerns over the infrastructure challenges, particularly in electricity.
With the global supply chain going regional, emerging countries in Southeast Asia and South Asia are rising to the fore. In a keynote speech at the Indo-Pacific Industry Strategy Forum hosted by Mt. Dadu Industrial Innovation Foundation, MIH Consortium CEO Jack Cheng told the audience that Taiwanese companies need to unite efforts from fellow Taiwanese partners and local partners in Southeast Asia and South Asia to compete with China.
In the wake of the unveiling of India's US$1.25 billion AI mission, Nvidia has partnered up with Indian telecoms and enterprises for the installments and production of GPU-based servers.
Despite initial challenges, industry leaders and experts are optimistic that India is on a trajectory that aligns with developing a robust indigenous semiconductor industry.
As India is emerging as an electronics manufacturing hub to challenge other manufacturing powerhouses like China and Vietnam, local EMS provider Dixon Technologies is optimistic about India's production share in global electronics manufacturing to reach nearly 20% in the coming two decades.
China-based tech giants are intensifying their efforts to enhance and utilize their Large Language Models (LLMs) as services and algorithm filings in China surged over the past year. China's dependence on the United States for chips and AI models threatens its aspirations of developing widespread AI services.
Amid global production relocation, India remains disadvantageous due to a lack of stable power. To attract global manufacturers, India lowered import duties on EVs.Stable power supply is a key issue for manufacturing relocation to India
India saw a sharp decline in PC and tablet shipments in 2023, with iPad shipments plummeting. The Indian market is expected to recover to double-digit growth in 2024, and locally-produced PCs and tablets are likely to increase.
