Possible Collaboration on the Cards For India’s Tata and America’s Tesla

The duo might partner to setup electric vehicle charging infrastructure in India. Tesla has opened its first India office recently Tata Power, one of India's electric vehicle charging infrastructure provider might team up with America's Tesla to help the latter...

Handset Makers, Except Samsung, Might Miss on PLI Targets

The government of India has recently approved 16 companies under different PLI schemes for manufacturing smartphones. The schemes were announced earlier this year The likes of Wistron, Foxconn and Pegatron might miss on the PLI targets for manufacturing smartphones in...

$116 Billion: Samsung’s Budget For Creating a New Silicon Semiconductor Chip

The South Korea headquartered giant is aiming to create silicon chips that are three nanometers (nm) in size Samsung is gearing up for semiconductor wars with a humongous $116 billion budget. A report published in the Bloomberg notes that the...

Toyota-Tsusho and Sumida Shifting Base From China to India

The government of Japan providing financial support to Toyota-Tsusho and Sumida for setting up base outside China Toyota Tsusho, a trading arm of Toyota Group and component maker Sumida Corporation, are looking to shift their manufacturing based from China to...

Tata Group Working on a Phone Components Manufacturing Facility: Report

The Tata Group, as per the report, will be investing approximately Rs 5000 crore to setup a factory in Tamil Nadu The Tata Group, as per a report by The Hindu Business Line, is planning to invest Rs 5000 crore...

Handset Maker Lava International Planning to Go Public: Report

The handset maker has been given the go-ahead for the recently announced PLI scheme. The brand is one of the few India-based ones competing against the Chinese in the country India-based handset maker Lava International may laung IPO after budget....

Heard About China’s Luxshare, Taiwan’s Foxconn is Worried About it

Foxconn has setup a task force to look into the growth of Luxshare. A report mentions that Foxconn believes that Luxshare poses a threat to its presence Foxconn has setup a task force to fend off the growing clout of...

Government Looking at Introducing End Dates For Tariffs on TVs, Mobile and Components: Report

Basic customs duty is the extra tax levied over normal taxes on items announced by the government. The government has also introduced several electronics schemes recently The government is looking at the feasibility of introducing end dates for the higher...

$4.6 Billion Incentive For EV Battery Manufacturers in India?

The report also suggests that the NITI Aayog has drafted a proposal. The same might be made public once seen by the the Prime Minister After introducing schemes worth thousands of crores to promote electronics and smartphones manufacturing in India,...

Foxconn, Wistron and Pegatron Commit $900 Million For India: Report

All the three contract manufacturers are suppliers of Apple. The electronics manufacturing industry in India stood at Rs 4,58,000 crore in 2018 Foxconn, Wistron and Pegatron plan to invest Rs 4,000 crore, Rs 1,300 crore and Rs 1,200 crore, in...

Reliance Industries Eyeing Mobile Manufacturing in India: Report

Reliance Industries next move might be acquiring United Telelinks or forging a contract manufacturing for entry-level phones Reliance's Jio, when launched, took the country by storm and rushed in to become the number one network (in terms of users) in...

Hong Kong-Listed Semiconductor Maker ASM Pacific Planning To Go Private: Report

ASM’s current market value is approximately $4.2 billion. It's plan to go private might cost investors approximately $3.2 billion Hong Kong-listed semiconductor equipment manufacturer ASM Pacific Technology Ltd is in talks with potential investors. The move might be in the...

India To Reimpose Five Per cent Duty on Open Cells For TVs: CEAMA

The open cells used in TV sets, constitute nearly 65 per cent of a TV set. These are majorly used in LCD TVs Consumer Electronics and Appliances Manufacturers Association (CEAMA) has pointed out that the government of India is going...

LG Display To Supply 20 Million OLED Panels For Upcoming iPhones

BOE Technologies have also improved its OLED technology part by recruiting some former Samsung engineers, which are also being assessed by Apple Apple is aiming to diversify its supplier and reduce its dependency on Samsung reportedly Samsung is...

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Hero MotoCorp And Taiwan’s Gogoro Form JV To Accelerate E-Mobility In India

The venture will develop and launch Hero-branded electric two-wheelers across various Indian cities that will be powered by Gogoro’s battery network Aiming to accelerate the...

Foldable Smartphone Market Expected to Grow, Reach 18 Million Units by 2022: Report

Samsung has been a pioneer in the field and had rightly held over 80 per cent of the total market share for foldable smartphones...

Covid 19 Has Had Positive Impact on The Robotics Industry: Beroe

Robotics trends are driven by factors like lower labor costs as the need for human resources is reduced. Around $5,000 to $10,000 is the...

LG Chem Launches Second CNT Plant, Looks To Become A Global CNT Leader

Plans of construction of a third plant are also underway this year Eyeing the rapidly rising demand for electric vehicles globally, LG Chem announced the...

Residential Sector EV Chargers Will Sell More Than The Commercial Ones: Technavio

43 per cent of the market's growth will originate from APAC during the forecast period. China is a key market for electric vehicle chargers...