Ahead of a meeting between Tesla CEO Elon Musk and Indian Prime Minister Narendra Modi, it is reported that Tesla is talking with Tata Electronics for chip supply and is looking to rely on local component suppliers rather than international electronics majors to build an EV ecosystem.
Retailers in southern India threatened to stop selling OnePlus smartphones starting in May as China-based smartphone brands are facing hurdles in a market they once viewed as lucrative.
Elon Musk is scheduled to visit India and meet with Indian Prime Minister Narendra Modi. Global IC design houses speeded up investments in India by setting up global capability centers.
India's southern state of Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company's planned investments ahead of billionaire Elon Musk's visit.
Tata, committed to setting up a wafer fab and an ATMP facility in India, announced a plan to attract experienced Taiwanese talents to help the new entrant in the semiconductor business speed up its ambition.
In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning India as an emerging EV production hub to prevent Chinese-made EVs from flooding the world.
As India strives to develop its semiconductor ecosystem, international chip companies are establishing global capability centers in the country to harness local talent.
Following Wistron's sale of its iPhone plant to Tata and Pegatron's decision to yield its control over an iPhone facility in China to Luxshare, Pegatron is reportedly in talks to sell its iPhone plant to Tata. Pegatron told DIGITIMES no comment on market speculation.
Hyundai Motor and Kia announced a partnership with Exide Industries to source locally-made lithium-ion cells for EVs sold in India. The announcement came as global EV brands, such as VinFast and Tesla, seek to expand in the Indian market.
Although Apple faces challenges in China, India may emerge as Apple's next growth engine and become one of the company's major markets in the coming years.
Mega Networks, an Indian server solutions provider with almost 28 years of experience, is planning to bring out AI servers and enter the semiconductor packaging segment.