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NEWS TAGGED PTI
Wednesday 30 October 2024
PTI leverages FOPLP and HBM momentum as AI revenue share grows
Powertech Technology (PTI), a backend service provider, anticipates that orders for AI device applications will constitute a larger portion of the company's revenue. This is attributed...
Friday 25 October 2024
Garmin targets double-digit growth in Indian wearables market amid fierce competition
Garmin aims for double-digit growth in India, where rising health consciousness presents new opportunities despite fierce competition from local brands and Chinese smartphone maker...
Monday 21 October 2024
Analog Devices highlights India's role in R&D
US-based firm Analog Devices says they consider India a crucial center for its R&D efforts, acknowledging the country as a source of engineering talent and a growing market opp...
Tuesday 15 October 2024
OSATs budget more capex in 2024 than 2023
Prominent OSATs have allocated a greater capital expenditure for 2024 compared to 2023, suggesting that their existing production capacity for advanced packaging is still limited,...
Monday 30 September 2024
Massive fire at Tata Electronics' iPhone manufacturing facilities in Tamil Nadu prompts investigation
A significant fire erupted at Tata Electronics' iPhone component manufacturing facility in Tamil Nadu, India, forcing a temporary closure of the plant. While the fire has been extinguished,...
Wednesday 25 September 2024
Foxconn-backed automotive IC design house to set up R&D center in India
Foxconn-backed SiliconAuto established a new R&D center in Bengaluru that will specialize in designing semiconductor products and developing SoC solutions for the automotive industry...
Friday 30 August 2024
Global OSAT industry, 2024

Introduction

Monday 5 August 2024
Tata breaks ground for its IC backend facility in India
Five months after receiving approval, Tata Electronics began building its first IC backend facility in Assam in eastern India, a milestone for the South Asian country on its way to...
Thursday 1 August 2024
Toyota signs MoU to build an EV plant in Maharashtra amid increasing Japanese investment in India
Toyota's Indian joint venture has signed a Memorandum of Understanding (MoU) to establish a new low-emission vehicle plant in India. This move aligns with the growing trend of Japanese...
Wednesday 31 July 2024
PTI gearing up for AI SoC boom with FOPLP
Backend house Powertech Technology (PTI), with its fan-out panel-level packaging (FOPLP) technology, is targeting AI SoC market potential, and expects AI-related revenue to account...
Wednesday 24 July 2024
PTI engaged in FOPLP, seeking collaboration
Powertech Technology (PTI) is currently developing fan-out panel-level packaging (FOPLP) and seeking collaboration with fabless chip vendors, according to the Taiwan-based memory...
Wednesday 24 July 2024
India reduces import taxes for smartphones, benefiting Apple
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...
Thursday 18 July 2024
Canon targets double-digit growth in India, eyes local opportunity in chipmaking tools
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...
Wednesday 17 July 2024
Assam fast-tracks land leasing for Tata ATMP facility
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...
Tuesday 9 July 2024
Xiaomi aims to double shipments in India in next decade
As Xiaomi enters its 10th year in the Indian market, the company hopes to double its product shipments and expand local manufacturing to strengthen its presence in the market.