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Thursday 10 November 2022
China unveils new policies to solicit foreign investments in manufacturing operations
China's severe COVID lockdown measures and tough sanctions from the US have sparked concerns that supply chain relocation to India and Vietnam will be accelerated. This has prompted...
Thursday 10 November 2022
India to encourage import substitution for 5G telecom gear
India expects to unveil its home-grown 5G telecom gear in early 2023, and is reportedly considering requiring local telecom operators to procure the indigenously-made 5G telecom ge...
Wednesday 9 November 2022
MIH poised to make EVs with concept car coming in 2023
MIH, an open EV alliance initiated by Foxconn, announced its plan to build electric vehicles on November 8. The group will utilize a modular design approach that allows parts to be...
Wednesday 9 November 2022
Reliance, HCL reportedly to invest in chip fab via ISMC
As the Indian government is keen to develop a semiconductor ecosystem amid its growing demand for electronics and the global supply chain relocation, big local conglomerates are reportedly...
Tuesday 8 November 2022
Wistron emerges as top investor under India's PLI for mobile manufacturing
Wistron, one of the contract manufacturers for iPhone, has so far reportedly become the largest investor under India's incentive policy for mobile phone manufacturing.
Monday 7 November 2022
Apple bucks the trend in India's smartphone market amid economic headwinds
The inflation-led economic slowdown has damped India's smartphone shipments in the third quarter, while Apple witnessed its highest-ever record, thanks to the best-seller iPhone 13...
Monday 7 November 2022
India roundup: ADATA to make memory modules in India
Taiwan-based companies, including ADATA, Gogoro, and contract manufacturers of iPhone, are expanding their investments in India. ADATA is expected to be the first Taiwanese company...
Friday 4 November 2022
Foxconn co-founds EV brand in Saudi Arabia
Foxconn announced on Nov. 3 that it will be manufacturing EVs in Saudi Arabia under a new EV brand Ceer, which will be the first locally produced automobile brand in the country,...
Friday 4 November 2022
Apple suppliers reportedly expanding production capacity in India
As Foxconn's Zhengzhou facility saw an exodus of workers due to China's strict COVID measures. Apple's contract manufacturers are reportedly expanding their production capacities...
Friday 4 November 2022
India's largest E-waste recycler sets up li-ion battery recycling plant in India
India's largest E-waste recycling company Attero Recycling plans to build the second lithium-ion recycling plant in India with an eye on the opportunities brought by the growing adoption...
Friday 4 November 2022
Gogoro tests water in India with Zypp Electric and Foxconn
Taiwan-based Gogoro and India-based Zypp Electric announced a strategic agreement to launch a pilot project for last-mile deliveries, with Foxconn manufacturing electric two-wheelers...
Thursday 3 November 2022
50-year-old Indian brand, LML, promises to revive nostalgia with EVs
If you have been observing the Indian EV market, you would know that the initial days were all about startups. Several new companies entered the market, some of them with excellent...
Thursday 3 November 2022
Samsung to invest in manufacturing telecom and networking products in India
India extends additional incentives to more companies to promote the entire value chain in manufacturing telecom and networking equipment. Samsung Electronics, Tata Group, and Reliance...
Wednesday 2 November 2022
Tata reportedly in hiring mode for iPhone parts plant
In a bid to benefit from Apple's supply chain diversification and the emerging electronics manufacturing industry in India, Tata is looking to multiply its workforce for its mobile...
Wednesday 2 November 2022
Toyota sees operating income decrease, scaling back production forecast for FY2023
The world's largest automaker by sale reported a profit decline for the April-September period, mainly due to the rising raw material prices. Moreover, as the supply for some semiconductor...