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IN THE NEWS
Tuesday 7 September 2021
Tech firms switching from mobile payments to loan services in India
Tech companies in India are switching courses from mobile payment to financial services as the Indian authority imposes tight regulations over mobile payment services.
Monday 6 September 2021
India roundup: Tesla reportedly looking for suppliers in India
Tesla is finally moving things forward with the Indian government, while Maruti Suzuki has to cut capacity down to 40% due to component shortages.
Friday 3 September 2021
India may consider technology transfer to develop local TV supply chains
In view of the high growth in demand for TVs in India, India Cellular and Electronics Association (ICEA) recommends that the India government set up local TV supply chains. As it...
Thursday 2 September 2021
Bharat Forge ventures into EV business
Indian car parts and electrical equipment manufacturer Bharat Forge is going to manufacture e-scooters and EV components through its subsidiary Tork Motors. The e-scooters are scheduled...
Thursday 2 September 2021
India carmakers increase car prices as chips shortage worsens
India car buyers are seeing car price surge in the third and fourth quarter as carmakers pass rising manufacturing costs onto consumers. India's top local passenger car brand Maruti...
Wednesday 1 September 2021
Downward pressure on pricing drives momentum in wearables, says IDC
Global wearables shipments grew 32.3% on year as volumes reached 114.2 million during the second quarter of 2021, according to IDC.
Wednesday 1 September 2021
Taiwan could play main role in SpaceX LEO satellites, says Eric Lin, Infinio Capital managing partner
Innovative new business models by SpaceX and Blue Origin have reduced the costs of space tourism and satellite launches, creating a gradual paradigm shift in the new space industry...
Wednesday 1 September 2021
China, Vietnam see high coverage of mobile payment
Mobile payment services are more commonly used in Asian countries than in other regions in the world. According to Statista's digital market outlook report, China has the highest...
Monday 30 August 2021
Startups and Tesla's launch make 2021 a turning point for India EV
India, the world's second-largest two-wheeler market, is seeing much more investments coming in one after another in its EV industry, this year.
Monday 30 August 2021
India roundup: India expands IT manufacturing at full speed
The Indian government might have a new subsidy for manufacturing wearable devices locally, while handset exports soared in the second quarter. Optiemus is working with Taiwan-based...
Thursday 26 August 2021
India local EV makers pick up pace in building supply chain with Tesla frustrated by high tariffs
India unicorn EV startup Ola Electric is building the world's largest factory for e-scooters in India, whereas foreign EV carmakers like Tesla are still in negotiations with the Indian...
Wednesday 25 August 2021
Highlights of the day: TSMC to raise quotes
Semiconductor production cost is set to rise further, as the world's number pure-play foundry, TSMC, has notified...
Wednesday 25 August 2021
ICEA recommends establishment of LCD TV supply chains in India
Viewing that there are no local supply chains for LCD TVs in India, India Cellular and Electronics Association (ICEA) recommends that the India government set up local TV panel production...
Wednesday 25 August 2021
CSOT begins equipment installation at panel module factory in India
China Star Optoelectronics Technology (CSOT), a display panel maker belonging to the China-based TCL Group, recently held a ceremony for starting the installation of production equipment...
Wednesday 25 August 2021
India to produce third most solar energy after China and US by 2023
India will become the third largest solar power market at 85,068MW by 2023 as prime minister Narendra Modi has set a series of ambitious goals of increasing renewable energy capacity,...