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Monday 20 February 2023
Chery teams up with Gotion to build NEV production base in Argentina
China-based Chery Automobile announced a two-phase investment plan in Argentina last week. The carmaker aims to build a NEV production base with a local battery supply from the Chinese...
Monday 20 February 2023
Holtek cautious about sales prospects for 2023
Based on its current inventory of five to six months, MCU specialist Holtek Semiconductor is cautious about its business prospects for 2023.
Monday 20 February 2023
Ola Electric to build world's largest EV hub in southern India
Ola Electric, India's leading electric two-wheeler (E2W) brand by sales, will build the world's largest EV ecosystem in Tamil Nadu, where a new EV policy was just unveiled to attract...
Monday 20 February 2023
India roundup: Innolux signs technology transfer agreement with Vedanta
Taiwan-based panel provider Innolux agrees to give a hand in India's development of LCD technology and manufacutring. However, Tata's low yield in manufacturing iPhone cases is a...
Friday 17 February 2023
Applied Materials upbeat despite semiconductor slump
Applied Materials, the largest semiconductor equipment manufacturer, has shown its resilience in an industrial slump and is upbeat about automotive and industrial applications.
Friday 17 February 2023
India's PC shipments fall by nearly 30% in 4Q22
India saw a steep fall in traditional PC shipments, and with inventories still high, the market is bracing for another demand drop in the current quarter. Even Apple, which stood...
Thursday 16 February 2023
Foxconn steps up expansion outside China
Hon Hai Precision Technology (Foxconn) continues to expand its production capacity outside China amid changes in the geopolitical climate and customer demands.
Thursday 16 February 2023
Volvo to go fully electric in India by 2025
Volvo Cars said it would launch a new EV model in India later in the year, eyeing to go fully electric by 2025 in the country, which Volvo sees as one of the fastest-growing markets...
Wednesday 15 February 2023
Apple faces steep learning curve in 'Make in India'
It's an inevitable job for Apple to diversify its supply chain outside of China. However, low yields and a lack of a sense of urgency mean a steep learning curve for Apple to manufacture...
Tuesday 14 February 2023
Indian semiconductor design veteran eInfochips targets EV prospects
The Indian EV sector is growing rapidly, with several companies rushing for a share of the market. At the same time, there is a robust renewed interest in developing a semiconductor...
Tuesday 14 February 2023
Alibaba sold off Paytm stakes amid India's restriction on Chinese investments
Alibaba Group sold off its stake in Paytm amid a sour relationship between China and India and Paytm's decling valuation since its IPO in 2021.
Tuesday 14 February 2023
iPhone charger supplier to double workforce in India
Along with Apple suppliers looking to expand their production and headcounts in India, Finland-based Salcomp plans to double its workforce and eyes a five-fold revenue in three years...
Monday 13 February 2023
US working with India to build diversified semiconductor ecosystem
As the US government is trying to reduce its reliance on China for industrial goods production and on major chip suppliers based in Taiwan and South Korea, the US is looking to partner...
Monday 13 February 2023
India roundup: India smartphone market saw a 10% fall in 2022
Due to high inflation and inventory, India's smartphone shipments saw a huge drop in 2022. Samsung Electronics began manufacturing more flagship smartphones in India to drive premium...
Friday 10 February 2023
Nokia to manufacture fiber broadband equipment in India
Nokia said it would expand its product portfolio manufactured in India to meet the rising demand for data and changing customer behavior, such as work-from-home.