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...