As the chip ecosystem rapidly evolves in India, US-based semiconductor firms are expanding their investments, with Qualcomm expecting US$1 billion in India in 2024.
In 2023, Google announced plans to make Pixel smartphones in India this year, and the latest rumor indicates that production lines will be ready in the first quarter, with mass production commencement in the second quarter, echoing similar moves by Apple, Acer, and Asus to move production in India amid global geopolitical tensions.
Following an agreement for an integrated facility in Tamil Nadu, Vietnam-based VinFast said it would begin constructing the EV facility, a big step for the company on its way to the global foray.
Holtek Semiconductor, a Taiwan-based MCU specialist, anticipates a 50% increase in revenue from the Indian market in 2024 and plans to expand its operations in the country.
According to Young Liu, chairman of Hon Hai Technology (Foxconn), the Taiwan-based contract electronics vendor collaboration with Apple will be more extensive.
Kaynes SemiCon, a subsidiary of the Indian EMS Kaynes Technology, has entered into a strategic partnership with Recynergy Technology, a Taiwan-based company specializing in semiconductor backend test engineering. This collaboration aims to transfer semiconductor manufacturing technology and supply chain knowledge from Taiwan to India, utilizing the skilled engineering workforce in India to meet local and global semiconductor needs.
The venture capital arm of Applied Materials, Applied Ventures, announced an investment in VVDN Technologies for the latter to expand the R&D of the next-generation semiconductor technologies, and electronics products and solutions, reports PR Newswire.
As electric vehicles (EVs) gradually penetrate the nascent Indian market, Volkswagen looks to make inroads by partnering with local manufacturers aspiring for the EV sector and launching its EV portfolio in the country.
In light of the global effort to find alternatives to x86 systems amidst increasing demand, RISC-V systems are emerging as a solution to various challenges. Madhav Rao, senior vice president of engineering at Tessolve, recently told Digitimes Asia there is a strong interest in RISC-V from their customer base.
Taiwan-based Innolux, a technology partner with India-based Vedanta on TFT-LCD panels, said its collaboration with Vedanta will begin mass production of display panels in two years after approval and is likely to reach break-even two years after operation.
As Tata Group is setting up its chipmaking facility, Indian media reported that Tata might try to find a Taiwan-based technology partner, possibly the third Taiwan-India collaboration on semiconductors, if the rumor materializes.
According to the Indian Express, Rajeev Chandrasekhar, the minister of state for electronics and IT of India, said the government received proposals from Tata Group and Tower Semiconductor with a total investment of nearly US$22 billion to set up fabs in the country. The minister added that India received two large proposals and other smaller projects for setting up packaging and testing facilities from Tata and a consortium headed by a Japanese semiconductor company.