VS Industry, a Malaysia-based EMS provider, reported a quarterly revenue increase alongside a rise in profit before tax from the previous quarter. However, a decline in six-month revenue is concerning, attributed to reduced sales orders and higher operating costs, highlighting potential vulnerabilities amid fluctuating market conditions
India's smartphone manufacturing rose in 2024, driven by Apple and Samsung exports, with Foxconn, Tata, and Dixon Technologies significantly increasing production
India's renewable energy sector is witnessing an unprecedented surge, with major corporations ramping up investments as demand for clean power grows substantially year-on-year, according to Powercon, which counts major corporations like Tata Power, Adani, and NTPC among its customers
HCL-Foxconn's OSAT venture reportedly seeks EPC partners L&T and CTCI, aiming for quick Cabinet approval, following a Foxconn senior executive's visit to India
For many years, Japanese automotive brands have dominated the global market, each possessing relatively complete ecosystems. However, revolutionary new technologies are subtly changing these ecosystems
India's growing electronics and AI sectors are attracting major global investments. Telangana state's Taiwan Industrial zone and "Formosa Town" aims to draw Taiwanese firms under the "China+1" strategy, while Foxconn will start AirPods production in April 2025. Meanwhile, NTT plans a US$1.5 billion investment in data centers, highlighting India's rising role in global supply chains
Micro OLED technology development in China has accelerated, driven by substantial government subsidies to enhance display manufacturing. Chinese firms are now increasing investments in mass-production equipment to meet rising demand, with Sidtek set to open its third Micro OLED factory in Mianyang, Sichuan province
Intel's appointment of Lip-Bu Tan as its new chief executive has raised fresh speculation over the company's potential expansion into India's semiconductor sector, particularly in the outsourced semiconductor assembly and testing (OSAT) segment
Nvidia CEO Jensen Huang visited the Samsung Electronics booth at GTC 2025 on March 20, Pacific Time, where he left a signature including the words "Samsung," "GDDR7 rocks!" and "RTX on!
Luxshare Precision Industry announced on March 20 that it will acquire core assets from Wingtech Technology's consumer electronics system integration unit. The all-cash deal, executed via its subsidiary Luxshare Communication, aligns with Luxshare's broader strategy to expand global operations and enhance vertical integration in the electronics manufacturing ecosystem
Since 2019, the Indian government has implemented the Production Linked Incentive (PLI) scheme for 14 industries to attract foreign investment in local manufacturing. Although it has positioned India as a key player in smartphone production, its benefits for other sectors are limited. As a result, India may explore offering subsidies for factory construction instead of linking incentives to production and investment levels
Apple is reportedly advancing talks with Indian companies like Wipro and Lakshmi Machine Works (LMW) to diversify its supply chain as the company is actively expanding manufacturing suppliers in India
The Japanese government has approved the "Seventh Strategic Energy Plan" and "GX 2040 Vision," which establish a medium- to long-term direction for energy policy and promote green transformation (GX) to achieve decarbonization goals. The government positions renewable energy as the primary source of electricity for the future while reassessing the role of nuclear power generation, which remains significant alongside thermal power generation. Additionally, decentralized renewable energy is set to form the foundation for achieving GX
Xiaomi is undergoing a remarkable transformation, with 2025 set to be a pivotal year as it aims to challenge industry giants Apple and Tesla in both the smartphone and electric vehicle (EV) markets
