Japan-based semiconductor equipment supplier Disco plans to establish its presence in India, as India plans to build a chipmaking ecosystem amid the global diversification in semiconductors

L&T Semiconductor Technologies, an Indian startup set up less than a year ago, expects to begin developing chips for six automobile companies and eventually venture into the chipmaking business

India's smartphone market experienced a 7.2% shipment growth during the first half of 2024. However, as premiumization continues, consumer demand is expected to remain constrained

Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses

As Foxconn revealed its second-quarter results in Taiwan on August 14, its chairman, Young Liu, visited India to meet with Indian Prime Minister Narendra Modi for the second time in about a year

India's antitrust regulator will withdraw a report that found Apple Inc. abused its dominance of the domestic market, backtracking for now from its high-profile investigation into the US company

Last week, India's startup ecosystem reached another milestone as EV company Ola went public, joining the ranks of several other firms that have made similar moves in recent years

India's wearables market, previously on a rapid growth trajectory, has recently experienced its first-ever decline in shipments. This downturn is largely attributed to a price war that has stifled innovation in the sector

India-based Polymatech acquired a US-based IC equipment supplier to build an integrated chipmaking business. Tata has begun building its first IC backend facility in Assam

As India approaches its annual festive season, which usually represents a substantial share of its smartphone sales, consultancies do not expect strong performance in 2024. While 5G smartphones are likely to see continued growth, consumer interest in AI smartphones may remain limited in the near future

India-based automotive component supplier Motherson Group is reportedly set to form a joint venture with Hong Kong-based BIEL Crystal Manufactory in Tamil Nadu, where Apple suppliers are clustered. This move marks another Indian conglomerate becoming a supplier for Apple, even as India remains cautious about Chinese investments

India's antitrust watchdog may be nearing the conclusion of a two-year investigation into Apple, which has reportedly found the tech giant guilty of abusing its dominant position in the App Store marketplace

India-based manufacturing startup Zetwork Manufacturing Business joined hands with Smile Electronics, manufacturing partners of Acer, for IT hardware manufacturing facilities in India, as the country is looking to achieve self-reliance in PCs and notebooks

MediaTek, the leading smartphone AP supplier in India, sees the country as a promising market for its automotive technology. The company is focusing on providing scalable hardware and software solutions while prioritizing safety and reliability for the automotive sector