The Times of India, citing senior officials in the Indian government, said that India is considering launching a new multi-billion-dollar incentive package for semiconductor companies. This move comes as the previous Rs 760 billion plan, introduced in December 2021, is nearing exhaustion.
Apple is diversifying rather than expanding its supplier base in India, as indicated by its latest supplier list. Despite some concerns from the Indian government, China-based suppliers continue to play a significant role in Apple's India strategy.
India-based EMS player Kaynes Semicon believes its OSAT project is expected to be approved and eyes advanced packaging, including Co-Packaged Optics (CPO), to differentiate itself from competitors in Southeast Asia.
Supreme Electronics, an IC distributor specializing in memory chips, is targeting the Indian and Southeast Asian markets for electric scooter demand opportunities.
India is ramping up efforts to craft dedicated AI regulations or frameworks to address challenges posed by generative AI as it prepares for the AI-driven future.
India introduced a policy to lower the tariffs on imported EVs to attract global EV manufacturers to set up manufacturing facilities in the country. Still, despite a growing presence in the global EV market, China-based EV manufacturers may not benefit from India's latest policy.
Padget Electronics, a subsidiary of India-based Dixon Technologies, signed an agreement with Longcheer, the world's second-largest smartphone ODM based in China, for smartphone manufacturing.
Smartphone sales boomed in India, the world's second-largest smartphone market, during the first quarter of 2024, which is good news for smartphone vendors, especially as global electronics companies work hard to reduce their high inventory levels.
Amidst a series of challenging developments, Tesla CEO Elon Musk's planned visit to India was anticipated as a potential morale booster for Tesla as well as for India.
Global semiconductor firms, including Arm, expressed optimism about India. DIGITIMES Research observed that industrial PC vendors are diversifying into Southeast and South Asia.
ChatGPT developer OpenAI hired its first employee in India, appointing a government relations head just as the country votes in a new administration that will shape artificial intelligence regulations in the world's most populous nation.
After introducing the INR100 billion (US$1.2 billion) IndiaAI Mission, the Indian government is reportedly considering procuring Nvidia GPUs to help grow the local AI ecosystem.
In recent years, Taiwan-based IPC (Industrial PC) manufacturers have accelerated their production diversification, driven by geopolitical factors and local manufacturing incentive policies.
Despite a significant expansion in investments from suppliers in India, Apple has to import from overseas to meet the rising demand for iPhone assembly in the country. A new rumor states that Apple is looking to find an India-based partner for the key component of the iPhone.
