Kaynes SemiCon secured India's first paying OSAT customer for advanced semiconductor packaging and inaugurated an EMS facility. Foxconn clarified the yields of made-in-India iPhones were on par with those made in China.
Kaynes SemiCon secures India's first paying OSAT customer for advanced semiconductor packaging
Kaynes SemiCon has secured India's first paying customer for outsourced semiconductor assembly and test (OSAT) services, a significant milestone for India's semiconductor industry. The company has signed a memorandum of understanding with Lightspeed Photonics, a Singapore-based fabless system development company, to provide advanced packaging solutions. India's government has also approved three major semiconductor projects, including two OSAT facilities, as part of its efforts to become a global semiconductor hub.
Foxconn denies low yields of made-in-India iPhones
Addressing concerns about low yield rates for iPhones manufactured in India, Foxconn chairman Young Liu clarified that current yields are comparable to those in China. He dismissed the rumors as unfounded, pointing out that if the yield rates were as low as reported, Foxconn would have already ceased operations in India. Even if Foxconn had persisted, clients would have demanded a change.
Reliance targets affordable AI and synergies through renewable energy and cloud ventures
At its 47th annual general meeting on August 29, Reliance Industries revealed ambitious plans for the future. Chairman Mukesh Ambani announced that the company aims to advance further by focusing on deep tech and advanced manufacturing. Reliance expects to double its size before the end of the decade.
India-based Kaynes inaugurates EMS facility in Hyderabad
According to a corporate filing, Indian electronics manufacturing services (EMS) provider Kaynes Technology has inaugurated a new manufacturing facility in Hyderabad. The plant opened on August 23 and is a key part of the company's expansion strategy, highlighting its commitment to innovation, sustainability, and excellence.
India expands partnership with Singapore to include semiconductors and advanced manufacturing
Following a semiconductor collaboration with Malaysia, India further expanded its partnership with Singapore to include advanced manufacturing, semiconductors, aviation, and other sectors in their latest ministerial roundtable.
