Geopolitical tensions have led to the rise of Vietnam as a manufacturing hub, yet production there has often been hampered by power grid instabilities and labor shortages.
Cadence, one of the global EDA giants, expressed optimism for India-based IC design houses to differentiate themselves from global fabless semiconductor firms by designing chips for local electric two-wheelers (E2Ws).
India lowered the basic customs duty on imported EVs, paving the way for premium EV sellers like Tesla to enter the Indian market. Experts believe India's limited openness to foreign EV giants is aimed at protecting local companies, while competition in India's EV market is expected to intensify.
In early March, India introduced permit and traceability requirements for AI platforms based on the IT rules implemented in 2023. In less than two weeks, India removed the permit requirements but still mandates large AI platform operators to meet other rules, such as labeling.
A Foxconn subsidiary is reportedly discussing investing in India, as an increasing number of smartphone suppliers are clustering in southern parts of the country.
Robotic arms have been a part of various industries for quite some time now. However, most of them still cannot work independently, having to be spoon-fed each process separately. CynLr, a startup based in Bangalore, India aims to bridge this gap by developing layers of perception that extend from 'eye' to 'fingers'.
Three semiconductor projects, including one wafer fab and two ATMP/OSAT facilities, were inaugurated, marking a milestone for India on its way to building a semiconductor ecosystem
Thanks to a more flexible version of India's incentive policy and an import management system that may restrict computer imports, PC and notebook vendors are reportedly increasing their local production in India.
US-based pure-play foundry GlobalFoundries is said to be in the midst of personnel restructuring, with speculation suggesting a relocation of certain job roles from Singapore and Taiwan to India. However, the company has not officially confirmed these rumors.
Electronic devices account for over 40% of Taiwan's exports, but semiconductor products are shipped through air freight. Meanwhile, notebook PC and smartphone production lines have migrated to other regions, but are still highly dependent on chips produced in Taiwan. Thus the destinations of semiconductor exports may gradually shift to different locations.
Qualcomm inaugurated a new design center in India specializing in wireless connectivity solutions. The fabless semiconductor firm will help with 6G research in India.
India has announced several AI policies in just a few days, indicating its urgent pursuit of AI. While multinational companies have opportunities to seize infrastructure business opportunities, they may face obstacles when promoting Generative AI (GenAI).
Tata Motors released a statement announcing an MoU signed with the government of Tamil Nadu, a southern state in India, to invest INR90 billion to set up a vehicle manufacturing facility in the southern Indian state, generating up to 5,000 jobs. The investment will spread over five years.