India-based OSAT Kaynes Semicon is securing customers in its foray into the semiconductor business. Tesla steps up entry in India but faced criticism over its potential local manufacturing prospect.
Exclusive: Kaynes SemiCon expands global presence, nears OSAT customers in Japan and the US
Kaynes SemiCon is expanding its global footprint, forming partnerships in Japan and the US to secure new customers. The company is enhancing R&D, talent development, and plant construction. With strategic collaborations and a strong focus on OSAT and ATMP, Kaynes aims to strengthen its position in India's semiconductor supply chain.
India witnesses first-ever shipment drop in wearable market in 2024
Following a nine-month decline spanning three consecutive quarters, the wearable market in India, previously the global growth driver for wearables, contracted in 2024, primarily due to weakening demand for smartwatches.
Murata prepares for future expansion with test production in India
Japanese iPhone component maker Murata Manufacturing has begun test production in India to address growing domestic demand, with plans to gradually expand its manufacturing presence. This strategic move aims to gain operational insights and prepare for future manufacturing endeavors, targeting full-scale operation by fiscal 2026.
India's AI ambitions face GPU supply and cost challenges
India's push to become a global AI leader faces challenges with limited GPU access. The government plans to procure 18,000 GPU servers and develop indigenous GPUs within 3-5 years. Despite private sector efforts, high costs and long lead times hinder AI adoption, particularly for startups, small businesses, and key industries.
Trump calls Tesla's India factory plans 'unfair' amid EV expansion rumors
US President Donald Trump has criticized Tesla's potential plans to manufacture electric vehicles in India, calling the move "unfair" to the US during an interview with Fox News. His comments came shortly after reports emerged about Tesla's strategy to enter the Indian market through local manufacturing to circumvent high import tariffs.
Tesla hires in India, signaling entry plans after Modi's US trip
Tesla is hiring in India, a sure sign it plans to enter the market shortly after CEO Elon Musk met Prime Minister Narendra Modi in the US.
Is Gogoro withdrawing from India's electric two-wheeler market?
Under new leadership, Gogoro has unveiled its strategic direction, suggesting a possible withdrawal from India's electric two-wheeler market in favor of a targeted expansion in Vietnam.
