As Narendra Modi enters his third term as India's Prime Minister, the country is reportedly expected to adopt a somewhat softer stance on its economic ties with China by easing its stringent regulations, at least to some extent
Observers believe that US President Joe Biden's decision to forgo his re-election bid will undoubtedly boost Donald Trump's chances of returning to the White House. This could likely lead to a continuation of Trump's tough stance on China, potentially accelerating the reorganization of global supply chains and the deployment of regional production bases. Such developments may benefit Taiwan's struggling machinery industry
In the latest budget, India reduced import taxes for smartphones and components, as well as 25 critical metals to develop local manufacturing ecosystems. India also increased import tariffs on PCBAs for telecom equipment to discourage imports
One of the newest additions to India's growing fabless startup scene is Chennai-based iVP Semi, founded by semiconductor veteran Raja Manickam. In a recent interview with Digitimes Asia, Manickam detailed how iVP sets itself apart from the competition
India-based EMS/ODM startup Indkal Technologies has signed a deal to design, manufacture, and sell smartphones under the Acer brand. Indkal plans to use an omnichannel strategy for its mid-to-high-end smartphones, targeting sales of INR3 billion (US$35.85 million)
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
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
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
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
