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Friday 17 September 2021
MediaTek to recruit more innovative staff in India, says PTI
Taiwan-based chipmaker MediaTek announced its plans to recruit more innovation staff in India to support local manufacturing, according to PTI, although the actual number of new employees they are looking for is not disclosed.
LATEST STORIES
Wednesday 15 September 2021
Indian IT suppliers hope for more Chinese investment and workers
India's IT hardware suppliers are hoping that India let in more Chinese investment and workers to aid the local supply chain of IT hardware.
Monday 13 September 2021
India reportedly to subsidize only new energy vehicles
India's production-linked incentive (PLI) schemes have proven fruitful in promoting local handset manufacturing; however, the government has not disclosed further PLI details for the automotive segment since it was announced in November 2020. Industry sources indicated that the government wants to subsidize only electric vehicle (EV) and hydrogen-fueled vehicle.
Monday 13 September 2021
India roundup: Car and smartphone sales affected by chip shortages
India continues to keep up its efforts in promoting manufacturing and usage of electric vehicles (EV). On the other hand, the global shortages of semiconductors are hitting both car and electronics sectors hard.
Friday 10 September 2021
Lucas TVS makes contract with 24M to develop lithium-ion battery
India-based automotive electrical component maker Lucas TVS has signed with US-based 24M Technologies for licensed use of the SemiSolid technology, which is used for manufacturing lithium-ion batteries. Lucas TVS will set up factories of such batteries across India, according to India-based Economic Times and Business Standard.
Tuesday 7 September 2021
Tech firms switching from mobile payments to loan services in India
Tech companies in India are switching courses from mobile payment to financial services as the Indian authority imposes tight regulations over mobile payment services.
Monday 6 September 2021
India roundup: Tesla reportedly looking for suppliers in India
Tesla is finally moving things forward with the Indian government, while Maruti Suzuki has to cut capacity down to 40% due to component shortages.
Friday 3 September 2021
India may consider technology transfer to develop local TV supply chains
In view of the high growth in demand for TVs in India, India Cellular and Electronics Association (ICEA) recommends that the India government set up local TV supply chains. As it is not easy to set up a local TV panel supply chain competitive in production cost in India, the transfer of panel technologies from overseas panel makers could be a feasible strategy.
Thursday 2 September 2021
Bharat Forge ventures into EV business
Indian car parts and electrical equipment manufacturer Bharat Forge is going to manufacture e-scooters and EV components through its subsidiary Tork Motors. The e-scooters are scheduled for launch by April 2022.
Thursday 2 September 2021
India carmakers increase car prices as chips shortage worsens
India car buyers are seeing car price surge in the third and fourth quarter as carmakers pass rising manufacturing costs onto consumers. India's top local passenger car brand Maruti Suziki pointed out that rising prices of industrial metals, maritime traffic jam, and disrupted supply of chips from Malaysia are the reasons behind price hike.
Wednesday 1 September 2021
China, Vietnam see high coverage of mobile payment
Mobile payment services are more commonly used in Asian countries than in other regions in the world. According to Statista's digital market outlook report, China has the highest percentage of mobile payment users in its total population - about 500 million users.
Monday 30 August 2021
Startups and Tesla's launch make 2021 a turning point for India EV
India, the world's second-largest two-wheeler market, is seeing much more investments coming in one after another in its EV industry, this year.
Monday 30 August 2021
India roundup: India expands IT manufacturing at full speed
The Indian government might have a new subsidy for manufacturing wearable devices locally, while handset exports soared in the second quarter. Optiemus is working with Taiwan-based Wistron to produce electronics more extensively.
Thursday 26 August 2021
India local EV makers pick up pace in building supply chain with Tesla frustrated by high tariffs
India unicorn EV startup Ola Electric is building the world's largest factory for e-scooters in India, whereas foreign EV carmakers like Tesla are still in negotiations with the Indian government to enter the India market, according to Economic Times and Cartloq.
Wednesday 25 August 2021
Highlights of the day: TSMC to raise quotes
Semiconductor production cost is set to rise further, as the world's number pure-play foundry, TSMC, has notified clients that its quotes will rise 10-20% starting next year. Silicon wafer supplier GlobalWafers has reported clear order visibility till year end 2022. In the display sector, China-based panel maker CSOT has started moving in equipment at a module plant in India.
Wednesday 25 August 2021
ICEA recommends establishment of LCD TV supply chains in India
Viewing that there are no local supply chains for LCD TVs in India, India Cellular and Electronics Association (ICEA) recommends that the India government set up local TV panel production lines.