The world's largest motorcycle manufacturer Hero MotoCorp is planning to expand its business into Battery as a Service (BaaS) and Vehicle as a Service (VaaS). According to Money Control's statistics, India-based Hero MotoCorp has 37% market share of India's gas-powered two-wheeler market.
The server industry is currently seeing a lead time of up to 52 weeks for its component deliveries with lingering shortages, which will not have a chance to improve until 2022, according to Mitac Holding president Billy Ho.
India has seen local EMS providers step up investment in constructing production capacity for making notebooks and other IT harware, while the funds that local startups raised in first-half 2021 exceed the total for 2020.
Social media sites in India are seeing shifts in use behaviors. A high court in India has ruled that Twitter has to take legal responsibility of its users' speeches, while the South Asian country's ban on TikTok has opened up opportunities for local video startups.
NXP Semiconductors and Jio Platforms (JPL), a subsidiary of Reliance, have announced a collaboration to implement a 5G NR O-RAN small cell solution that incorporates NXP's Layerscape family of multicore processors.
According to DIGITIMES' study on the data of publicly listed companies in the automotive and electronics industries, 95 out of the 100 largest firms are based in Japan, China, Taiwan and South Korea. It can be foreseen that the process of ASEAN countries and South Asia transitioning to becoming the next production hub will be driven by Northeast Asian countries. Taiwan-based manufacturers with an OEM business focus that highlight the value of being "harmless" will be the best strategic partners to these countries on the way to starting their own high-tech industry development.
The India government has canceled exemption of tariffs on imported PCBs, base station controllers, modules and cable harness used in production of telecom and communication/networking equipment in its fiscal 2022 (April 2021-March 2022) budget plan, raising concerns it could increase production cost.
In an effort to reduce costs and meet emerging markets' demand, Samsung has chosen to place two thirds of its global production capacity at 360 million phones near Hanoi, Vietnam and one third in Noida, India. At the same time, a group of American brands led by Apple have asked their Taiwan-based OEMs to set up production facilities in India. Taiwan's three largest manufacturers Wistron, Pegatron and Foxconn all have production lines up and running in India. Before this, Taiwan-based notebook computer manufacturers had already moved their production to major ASEAN countries. It is a definite trend that manufacturers are relocating part of their production out of China into ASEAN countries and South Asia amid the changes in the US-China trade relations and the paradigm shift toward regional production.
Apple became the fifth largest PC brand in India in the first quarter of 2021, with shipments of desktops, notebooks, tablets and workstations combined to reach 208,000 units, according to data from Canalys.
India is looking to attract more ICT manufacturers to invest in India, hoping to fill the gap at the local ICT supply chain, and has been accepting letter of intent for investment from semiconductor companies since the end of 2020.