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NEWS TAGGED INDIA
Monday 19 August 2024
India launches AI mission tender, reportedly limiting GPU procurement to local companies
India has initiated the bidding process for its AI Mission, requiring data centers and cloud providers to form partnerships to supply AI resources, such as GPUs, to academia, startups,...
Monday 19 August 2024
India roundup: Indian IC design startup seeks six automotive contracts and eyes mid-term chipmaking investment
L&T Semiconductor Technologies is on its way to bag IC design orders in the booming Indian semiconductor market. India's wearable shipments fell for the first time amid a lack...
Monday 19 August 2024
Foxconn chairman inaugurates first women-only housing complex, pursues EVs and energy in India
Following a meeting with Indian Prime Minister Narendra Modi, Foxconn's chairman, Young Liu, inaugurated a women-only residential complex for nearly 20,000 employees and announced...
Monday 19 August 2024
Disco plans to set up subsidiary in India amid Indian chipmaking ambition
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 semic...
Friday 16 August 2024
Indian IC design startup seeks six automotive contracts and eyes mid-term chipmaking investment
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...
Friday 16 August 2024
India sees 7% smartphone shipment growth in 1H24
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.
Thursday 15 August 2024
Ola Electric reports wider loss after IPO debut
Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.
Thursday 15 August 2024
Foxconn chairman visits India again
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...
Tuesday 13 August 2024
India watchdog to withdraw report accusing Apple of market abuse
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...
Monday 12 August 2024
Shifting focus: how VCs in India are turning to deep tech
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.
Monday 12 August 2024
India's wearables shipments fall for the first time
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...
Monday 12 August 2024
India roundup: Indian opto-semiconductor maker acquires US-based IC equipment company
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.
Friday 9 August 2024
India expected to see single-digit shipment growth in smartphones in festive season
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...
Thursday 8 August 2024
Indian Motherson reportedly to form JV with BIEL in supplying iPhone glasses
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...
Wednesday 7 August 2024
India antitrust watchdog reportedly finds Apple abusing market dominance
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...