L&T Semiconductor Technologies, an Indian IC design startup backed by the L&T Group, has entered into a memorandum of understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC), a government-supported organization. This MoU is intended to foster collaboration in developing local chip technology and enhancing the supporting ecosystem
At its 47th annual general meeting on August 29, Reliance Industries revealed ambitious plans for the future. Chairman Mukesh Ambani announced that the company aims to advance further by focusing on deep tech and advanced manufacturing. Reliance expects to double its size before the end of the decade
As Apple urges its suppliers to diversify production, especially by expanding into India, Apple and its suppliers have emerged as significant job creators in the country
Rumors have circulated about LG Electronics considering an IPO for its Indian unit, with reports indicating that the company is actively consulting investment banks for the potential listing
Rumor has it that Apple is seeking to partially reverse its production relocation, returning to China some of the manufacturing capacity it has had its suppliers move out of the country. But DIGTIMES sources familiar with the US vendor's ecosystem say this is unlikely
Chinese smartphone manufacturers are preparing to make a strong push into the Indian wearable device market, a space traditionally dominated by local companies. It remains to be seen whether these Chinese firms will replicate their success in other sectors by outcompeting domestic players
Following a semiconductor collaboration with Malaysia, India further expanded its partnership with Singapore to include advanced manufacturing, semiconductors, aviation, and other sectors in their latest ministerial roundtable
Earlier this month, executives from Alphabet Inc.'s Google DeepMind, Microsoft Corp. and Meta Platforms Inc. joined tech founders in Bangalore to watch one of India's top AI startups unveil a new product that might change how the world's most populous country uses the technology
According to a corporate filing, Indian electronics manufacturing services (EMS) provider Kaynes Technology has inaugurated a new manufacturing facility in Hyderabad. The plant opened on August 23 and is a key part of the company's expansion strategy, highlighting its commitment to innovation, sustainability, and excellence
Kaynes SemiCon, a wholly owned subsidiary of Kaynes Technology, has signed a landmark memorandum of understanding (MoU) with Lightspeed Photonics, securing India's first paying customer for outsourced semiconductor assembly and test (OSAT) services, according to CEO Raghu Panicker
Following the AI standardization guidelines unveiled in June, China established its first institute for AI standardization in Beijing, aiming to lead the development of local and global efforts in the area
Foxconn's Tucheng headquarters hosted a traditional Ghost Festival ceremony on August 23. Following the event, chairman Young Liu addressed recent speculation, assuring investors that production lines for various products are on track. He promised to share more details about specific projects in the near future
As global PC vendors are grappling with high inventories, India experienced healthy growth in PC shipment. The Indian government may focus on compound semiconductors and silicon photonics in its next semiconductor incentive scheme
After years of stringent restrictions on incoming Chinese investments, India has reportedly approved investments from Luxshare and Huaqin, as well as some Taiwanese investments with connections to China. This move could accelerate Apple suppliers' investments in India
