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Thursday 20 July 2023
HCL reportedly to submit proposal to set up ATMP unit in India
HCL is reportedly looking to venture into the ATMP/OSAT business by applying for incentives under the India Semiconductor Mission. However, it remains to be seen how the indecisive...
Wednesday 19 July 2023
HP still evaluating notebook production in Thailand, say sources
Hewlett-Packard (HP) is rumored to be considering moving some of its notebook supply chain to Thailand with Quanta Computer to serve as the primary assembler, but sources from the...
Wednesday 19 July 2023
Foxconn expands production in India as it becomes Apple's fifth-largest market
Although smartphone sales are plateauing in most markets, especially after the demands brought by COVID-19 have been ebbing, Apple is expected to benefit from India's huge market...
Tuesday 18 July 2023
FII denied any decision to invest in Karnataka
As Foxconn is expanding in Indian investments, the southern state of Karnataka is willing to offer a 100-acre plot of land to Foxconn's subsidiary. FII said it did had not signed...
Tuesday 18 July 2023
Xiaomi to imitate Samsung to reclaim market in India
Amid tighter regulatory pressure from the Indian authorities and inflation that hits Xiaomi's core consumers, Xiaomi is looking to expand its retail store network in India to regain...
Tuesday 18 July 2023
India reportedly to offer equity support to IC design houses to nurture national champions
India, hosting a large number of engineering talents for global fabless semiconductor companies, is reportedly looking to take equity stakes in local design houses and nurture at...
Tuesday 18 July 2023
Qualcomm, MediaTek to rely on India's handset recovery to clear inventory
Qualcomm and MediaTek are counting on the resurgence of the India handset market in the second half of this year to clear out their remaining inventory, according to industry sourc...
Monday 17 July 2023
India's Yulu nears zero-import dependence with Bajaj partnership
As electric vehicles (EVs) make inroads into the Indian market, numerous startups have emerged to offer solutions, enjoying varying degrees of success. EV two-wheelers, in particular,...
Monday 17 July 2023
TSMC's C. C. Wei already told us whether India is suitable for chip foundries
Foxconn called off the joint venture plan with India's Vedanta Group without disclosing the reason. Interestingly, market rumors are now saying that Foxconn is discussing with TSMC...
Monday 17 July 2023
India roundup: Foxconn and Vedanta go separate ways for chip investments in India
After Vedanta acquired a 100% stake in its semiconductor and display manufacturing business, Foxconn said it parted away with Vedanta for their joint venture, Vedanta-Foxconn Semiconductors...
Monday 17 July 2023
India reportedly uneasy about BYD's proposal to make EVs in India
Following reports saying that Tesla is talking with the Indian government about making cars in India, BYD, the arch-rival of Tesla in the global EV market, is reportedly eyeing forming...
Friday 14 July 2023
Foxconn's change of heart on chips is a warning to India: Mihir Sharma
India has grand plans to become an electronics manufacturing hub. Given that level of ambition, we need to be prepared for setbacks — such as the news this week that Taiwan-based...
Friday 14 July 2023
FPD equipment market to bottom out in 2023 and recover with 153% rise in 2024
After peaking near US$21 billion of revenue in 2017, the market for capital equipment used to manufacture OLEDs and LCD panels has suffered from continuous annual declines as the...
Thursday 13 July 2023
Foxconn reportedly talking with Gujarat for chipmaking facilities
Despite the Foxconn-Vedanta deal falling apart, chip investments from global and local companies continue to flow into India's western state of Gujarat, potentially making it the...
Thursday 13 July 2023
Tesla reportedly begins initial talks to make EVs in India
Weeks after Narendra Modi and Elon Musk's meeting in the US, Indian media reported that Tesla had begun initial talks to make cars in India.