India's chip ambitions continue to gain strong support from the U.S. Taiwan-based Delta Electronics remains optimistic about India's power solutions market, driven by the country's semiconductor incentives.
India eyes global semiconductor hub status: US and global partners invest in key chip-making and design projects
The Biden administration and India have agreed to build a semiconductor plant in India. This is part of India's plan to become a global semiconductor manufacturing hub. India's growing consumer base and supportive policies are attracting investments from international companies. Recent notable investments include Tower Semiconductors' partnership with Adani Group and NXP's plans to expand R&D in India. These developments show the semiconductor industry's confidence in India's future.
Delta Electronics positions itself as a key power solutions provider for India's semiconductor surge
Delta Electronics is strategically positioning itself as a key partner for major chipmakers setting up shop in India. Leveraging its expertise in the semiconductor ecosystem globally, Delta is catering to the growing power and cooling needs of fab and chip packaging facilities being built in India. The company has already secured a deal to supply power solutions to an early entrant in the region for its semiconductor facility. Beyond just power, Delta is also positioning its renewable energy solutions as a key offering for the semiconductor industry, as chipmakers look to reduce the carbon footprint of their operations.
BYD's US$1 billion EV plant in India on hold amid regulatory hurdles
Chinese automaker BYD is eager to produce electric vehicles (EVs) in India but faces obstacles due to strict government scrutiny. Despite these challenges, the company remains committed to the market, launching new EVs and exploring partnerships while maintaining optimism about its future in India.
Telangana state aims to attract FDI beyond electronics, India Taiwan Industrial Park underway
In a significant move to bolster global investment prospects, the Telangana government has signed a Memorandum of Understanding (MoU) with the Taiwan Chamber of Commerce (TCC) on October 7, 2024. This strategic partnership aims to create new opportunities for Taiwanese companies in Telangana, building upon the established presence of electronics giant Foxconn in the state.
Samsung India signs MoAs with striking workers amid ongoing dispute
Samsung India has signed an agreement with a segment of its workers, addressing some of their demands and aiming to resolve a strike that has lasted nearly a month at its plant in southern India. The resolution comes after Indian police detained several protesters.
Apple to open four new stores in India and manufacture entire iPhone 16 lineup locally
Apple announced plans to significantly expand its presence in India by opening four new retail stores and introducing its first-ever "Made in India" iPhone 16 Pro and iPhone 16 Pro Max models, with AirPods production in India on the horizon.
