LG Electronics is reportedly planning to establish a third plant in India, continuing its recent production expansions in the country. The move aligns with the company's potential IPO of its Indian subsidiary, signaling its commitment to growth in the region
The Competition Commission of India (CCI) imposed a substantial fine of INR2.13 billion (approx. US$25.3 million) on Meta, the parent company of WhatsApp, citing the abuse of its dominant market position in India
Following reports about Foxconn's alleged recruitment practices in India, which excluded married women, the company reportedly has requested third-party human resources firms to stop referencing marital status, age, and gender in recruitment advertisements. Additionally, Foxconn decided to no longer use its name in these ads to avoid negative publicity
India, once the world's fastest-growing wearable market, saw a substantial fall in shipments for two quarters in a row as vendors reduced product launches and maintained cautious inventory policies
Three Chinese solar companies were found to have evaded taxes on approximately INR220 billion (US$2.64 billion) of profits earned from INR450 billion worth of solar product sales in India over the past decade
German optics giant Carl Zeiss AG has signaled a major commitment to India by opening its first global capability center (GCC) in Bengaluru and announcing plans to double its local workforce to 5,000 within three years. This move signifies India's growing importance as a strategic hub for global corporations, transcending its traditional role as an outsourcing destination, according to Reuters and Heis Online
India's semiconductor manufacturing ecosystem is experiencing rapid growth, with projections indicating the creation of 1 million jobs across various segments. According to a report by talent solutions provider NLB Services cited by the Press Trust of India, 300,000 positions will emerge in foundry operations and 200,000 in Assembly, Testing, Marking, and Packaging (ATMP). The remaining positions will span chip design, software development, system circuits, and manufacturing supply chain management
Dixon Electro and Nokia have officially launched the manufacturing of fixed broadband devices in India. The collaboration will focus on producing GPON, 5G FWA, and Mesh Wi-Fi devices, all capable of delivering up to one gigabit per second per home
Following Donald Trump's victory in the US presidential election and the possibility of a renewed US-China trade war, Indian officials believe Apple may scale up its manufacturing capacities in India to mitigate potential tariffs and avoid supply chain disruptions that could arise
The Indian government launched an incentive scheme to encourage local production of PCs and notebooks. However, most beneficiaries under the scheme are reportedly struggling to receive orders from PC brands
Tessolve, an India-based semiconductor engineering firm owned by Hero, the world's largest two-wheeler brand, has acquired German-based IC design house Dream Chip Technologies. This acquisition marks a significant step in India's efforts to expand its in-house semiconductor capabilities in both design and production
The US presidential election results are expected to accelerate global supply chain relocation, benefiting India. India-based Sahasra Semiconductor is stepping up the talent hunt for its semiconductor business
During a visit to India, a senior Singapore government official confirmed ongoing discussions with India's Tata Group regarding semiconductor development cooperation. This initiative aligns with India's broader strategy to forge international partnerships to strengthen its semiconductor ecosystem
The Telangana government has formed a partnership with Japanese technology firm Denso to establish the state as a premier hub for the automotive industry. This collaboration will integrate Denso's expertise into India's leading startup incubator, T-Hub
With Donald Trump set to take office as US President in early 2025, India could become a focal point under his "America First" agenda. However, India may also benefit from Trump's hardline stance on trade, particularly with China
Donald Trump's return to the White House promises a lot of political and economic uncertainties. The AI server supply chain believes that while the Trump administration will continue to steer the US policy towards its established course, they are bracing for more trade restrictions that may force them to adjust their global deployments
