New FTP policy extends Rs 369 crore MEIS benefit to ESDM sector

The government has recently unveiled ‘Mid Term review of Foreign Trade Policy’ with some positive changes for electronics and telecom industry. Under, the revised policy Rs 369 crores has been allocated for the enhanced Merchandise Exports for India Scheme...

MediaTek SoCs are optimized and ready for Android Oreo (Go edition)

MediaTek Inc. today announced that it is a System-on-Chip (SoC) partner for providing Google's Android Oreo (Go edition) software to smartphone makers, and after a deep collaboration with Google, MediaTek's MT6739, MT6737, and MT6580 SoCs, among others, now have...

Samsung begins 512GB memory chips production

Taking smartphone storage solution to an entirely new level, Samsung Electronics on Wednesday announced that it has begun mass production of the first 512GB memory chip for next-generation mobile devices.  Utilising Samsung's latest 64-layer, 512-GB V-NAND chips, the new 512GB...

RS India invests Rs 3 billion in Swiss quality and precision tech unit in...

In a bid to match Swiss quality and precision standards for job-works and intermediate services for other industries, Rajasthan-based RS India has invested Rs 3 billion in the manufacturing unit. The processes at the unit will be machining, sheet metal, surface treatment, painting powder...

M&M to make electric vehicle components in-house

Mahindra & Mahindra group will manufacture all key components that go into an electric vehicle itself as India’s largest utility vehicle maker prepares for the next transition in the automobile industry amid the government’s push to cut dependence on...

Gartner says worldwide semiconductor revenue to reach $411 billion in 2017

Worldwide semiconductor revenue is forecast to total $411.1 billion in 2017, an increase of 19.7 percent from 2016, according to Gartner, Inc. This represents the strongest growth since the 2010 recovery from the financial crisis when revenue increased by...

Toshiba is set to sell its memory chip unit for $18.3 billion

Japan's embattled Toshiba Corp. is set to sell its memory chip unitto a consortium led by Western Digital Corp for about 2 trillion yen ($18.3 billion), the Nikkan Kogyo business daily said on Tuesday without citing sources. Toshiba plans to make a formal decision on...

Jio Phones success will boost Spreadtrum’s revenue by 25 per cent in FY18, says...

After bagging the contract of manufacturing chipsets for Jio Phones, Shanghai-based mobile device chip maker company Spreadtrum said that the company is hoping to see an increase of close to 25 percent in its revenue with Jio Phones success...

Huawei claims to beat Samsung and Apple with its AI based chip

The telecom giant Huawei Technology is all set to launch its first advanced chip loaded with artificial intelligence features such as instant image recognition to take on rivals Samsung and Apple. Dubbed as Kirin 970, this powerful chip is powered...

High GST rate on cables, wires, electronic components to lead to inflation

Fearing higher GST rates on wires, cables & electronic components could have a crippling effect on the manufacturers, industry associations have demanded lower GST rate of 18 percent for these key products. While the current effective tax rate for...

RS Components unveils improved mobile-optimised website

RS Components (RS), the trading brand of Electrocomponents plc , the global distributor for engineers, has developed a new and improved website optimised for mobile devices to support its growing mobile user base. The company has seen a fourfold increase...

Gartner predicts the worldwide semiconductor revenue forecast to decline by 0.9 per cent in...

Worldwide semiconductor revenue is forecast to total $332 billion in 2016, a decrease of 0.9 percent from 2015, according to Gartner, Inc. This represents two consecutive years of revenue decline, which has happened only once in history. But the...

Hong Kong to import electronic components from India

Hong Kong is eager to import consumer electronic components from India and intends to set up assembly plants in India once the deal gets through. This could be a real deal-clincher since Hong Kong is the world’s eighth largest...

Sensor Fusion Market expected to touch $6.35 billion

According to the new market research report, sensor fusion market is expected to be worth $6.35 billion by 2022 on the back rising demand in consumer electronics. By Belal Khan The major factor driving the sensor fusion market across the world...

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DoT announces strategic plan for 7 telecom PSUs, including BSNL, MTNL

The department of telecommunications (DoT) on Thursday unveiled a strategic plan to create synergies among its seven public sector units (PSUs) which includes frameworks...

Lucknow to get India’s largest startup incubation centre

The state government plans to set up country’s largest startup incubation centre in Lucknow, said additional chief secretary, IT and electronics, Sanjiv Saran at the Investors’ Summit on...

Essel Infraprojects to enter EV sector with Rs 3,500 cr investment

Essel Infraprojects Ltd, a unit of Essel Group, will enter the electric vehicle (EV) segment with an investment of Rs 3,500 crore, it announced...

Investment worth Rs 67.74 bn from Samsung, Oppo approved under MSIPS for UP

Electronics manufacturing has got huge potential in UP and around half of the country's mobile making units are based in Noida and Greater Noida in the...

Amplus to invest Rs. 2,200 cr for 500MW worth solar projects in UP

Amplus Energy Solutions signed a memorandum of understanding (MoU) with the Uttar Pradesh (UP) government to set up solar power with a capacity of...
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