A day before India unveils its Union Budget for the current fiscal year, the country is seeing increasing value addition in the global supply chain, exemplified by the rising iPhone manufacturing capacity

These are the most-read DIGITIMES Asia stories in the week of July 15 – July 19

L&T is expanding its semiconductor business, which may go beyond IC design. Acer will leverage brand licensing to cultivate the Indian market and support the Make in India initiative

Multiple challenges slowed India's smartphone market, as vendors saw a meager 1% growth in shipments. Xiaomi reclaimed its leadership in the market after six quarters

The semiconductor frenzy is a worldwide phenomenon, but India's situation is distinctive

To expedite investments and establish a local electronics manufacturing ecosystem, India reportedly plans to speed up visa issuance for Chinese engineers and clarify the conditions under which Chinese investments will be allowed

Acer, a Taiwan-based consumer electronics company, plans to capitalize on its brand value by opening brick-and-mortar stores in India

According to PTI, citing Tiger Ishii, president and COO of Canon Marketing Asia, reported that the company sees India as a crucial market for future growth, driven by the country's expanding economy and rising demand for its products

Following the Acer-Indkal Technologies partnership in the smartphone market, Acer CEO Jason Chen clarified that Acer is not re-entering the smartphone market

Amidst India's aspirations to build a local semiconductor supply chain, a significant step forward has been taken. The government of Assam has signed a land-leasing agreement with the Tata Group, expediting the process of establishing a semiconductor facility in the region

Acer made a bold move by partnering with India-based Indkal Technologies to re-enter the smartphone market. Acer's strategic focus is on harnessing India's potential rather than solely concentrating on the highly competitive smartphone market

In less than a year after forming an IC design subsidiary, India-based infrastructure and engineering giant Larsen & Toubro (L&T) bagged orders for SoCs for surveillance systems

Samsung Electronics Chairman Lee Jae-yong's recent visit to India highlighted the country's growing importance for the tech giant. Lee's trip, from July 11 to 14, combined strategic business meetings with attendance at a high-profile wedding, marking a pivotal moment in Samsung's commitment to expanding its footprint in the rapidly growing Indian market

Qualcomm has filed a lawsuit against Transsion, an emerging China-based smartphone giant, in India, alleging unauthorized use of Qualcomm's patented technologies. This legal action highlights the intensifying competition among leading mobile application processor (AP) providers and underscores Transsion's successful strategy in emerging markets

According to Business Standard and Financial Express, India-based Cyient is expanding its semiconductor business by creating a new subsidiary. This subsidiary will focus on designing and selling specialized chips (ASICs), a move Cyient believes will position them as a major player in India's growing semiconductor industry