James Wang, chairman of major network device manufacturer Sercomm, is expecting pandemic-related overbooking to persist into the first half of 2024, leading to continued inventory adjustment measures and negligible growth in the markets in Europe, North America, China, and Japan; India will be the only market to see marked growth.
Visual Capitalist has published a study that organizes the evolution of total economic output and GDP for various countries over the past 2,000 years. Using data estimated by the International Monetary Fund (IMF), the statistics show how human economic activity has evolved over the past 2,000 years.
Google reinstated apps temporarily delisted from Google Play in India after the Indian government decided to interfere, highlighting the years-long payment issue Google faced in India, its largest market outside the US.
Despite obstacles in expanding the Indian market, BYD, the world's largest NEV maker by sales, unveiled the third EV in India and is waiting for local certification for its previous EVs for further expansion.
Amid the global geopolitical tension and an indigenization endeavor, China has seen an outflow of investments in the chip packaging and test industry when a series of Taiwan-based companies sold their assets or operations in China. The business will likely witness a more diversified production as companies move away from China into Southeast and South Asia.
Apple and iPhone manufacturers benefited from the surging sales of the premium smartphone models, while other Apple products were declining, leading to a much higher dependence on iPhones for Apple's performance in India.
After announcing plans to set up fabs in Japan, Powerchip Semiconductor Manufacturing Corp (PSMC) said it will assist Tata Electronics in building India's first 300mm wafer fab in Dholera, Gujarat, with construction expected in 2024.
The market is looking forward to the business opportunities of electric vehicles; however, the demand has been impacted by the weaker-than-expected macroeconomic growth.
Samsung expanded its semiconductor R&D capabilities by opening a second office in Bengaluru, as global IC design houses are setting up R&D centers amid a growing semiconductor ecosystem in the country.
Thanks to investments from multinationals in India in recent years, a new study shows that India is gradually undermining China's status as a world factory as Western countries are increasingly turning to India, rather than China, for their electronics demands.
The Centre for Development of Telematics (C-DOT) signed an MoU with Qualcomm to provide wireless IC designers to stimulate innovation and accelerate commercialization as Qualcomm India is ramping up investments under a newly appointed leader.
Ahead of the general elections to be held in India in the coming two months, the Indian government required AI platforms to obtain approval in addition to providing labeling and traceability to generated content.
In recent years, major US-based cloud companies have initiated projects to develop chips in-house. Besides outsourcing to external IC design houses, internal demand for semiconductor talent is also increasing. Many related job openings have been posted for their headquarters, in India, and Taiwan. India has become a recruiting hotspot for Microsoft, Google, and Meta.
During an extended WTO meeting, developed and developing members at WTO still could not agree on digital trade that may impact global IC design data transfers.
