Apple is ramping up its investments in India while scaling back those in Vietnam. Donald Trump and Narendra Modi met in the US as the duo tried to balance their bilateral trade.
Apple makes manufacturing pivot: scales back Vietnam MacBook production, ramps up India operations
Apple is shifting its strategy by scaling back its plans to expand MacBook production in Vietnam, which was expected to ramp up in late 2024. This marks a departure from its earlier aggressive expansion approach and contrasts with its growing manufacturing focus in India, which is becoming more central to Apple's production plans.
Can Trump's tariffs war be a boon for India's tech sector?
Donald Trump's proposed tariffs on semiconductors could boost India's tech sector by encouraging supply chain diversification. As US companies face higher costs from reliance on Taiwanese manufacturing, they may turn to India's semiconductor industry, especially in assembly, testing, and packaging. India is already positioned as an attractive alternative due to its Semiconductor Mission and various incentives. However, challenges like infrastructure gaps and talent shortages remain.
Analysts highlight the importance of joint ventures, stable policies, and targeted investments for India to effectively capitalize on these global supply chain shifts and strengthen its semiconductor industry.
US pushes for trade balance with India, aims for US$500 billion bilateral trade by 2030
Discussions between the US and India have intensified on addressing trade imbalances, with the US raising concerns over India's tariff policies. Following meetings between the two leaders, both sides acknowledged the need for further negotiations to resolve trade disparities, although specific details of any potential agreement remain undisclosed.
Micron reportedly seeks new contractors for India ATMP facility amid delays
Micron Technology has launched the bidding process to secure a construction partner for the second phase of its ATMP project, as the first phase of its Indian ATMP facility faces delays, challenging India's goal of timely producing its first domestically manufactured chip.
Lam Research to invest US$1.14 billion in India's Karnataka
US-based Lam Research signed an MoU with Karnataka's state government to invest INR100 billion (approx. US$1.14 billion) in India's growing semiconductor manufacturing sector, as the country targets a market value of US$103 billion by 2030.
Smartphone premiumization in India slows, Apple makes top 5 for the first time
In 2024, India's smartphone market saw a slowdown in premium device sales, with growth expected to come from low-to-mid-range models in 2025. Despite this, Apple experienced a 34% increase in iPhone shipments, breaking into the top five in the Indian market during the fourth quarter.
