The Apple supply chain's shift of operation to India, in line with the incentives provided by the Indian government, has reportedly created around 20,000 job opportunities so far in the South Asian country.
Taiwan's tech firms have intensified coronavirus-prevention measures after COVID-19 hit some local semiconductors plants, with KYEC bearing the brunt of the impacts, raising concerns about the stability of IC supply that has already been troubled by capacity shortage for months. In the IT market, despite speculation that demand for notebooks may weaken in second-half 2021 as a result of easing of the pandemic, ODMs are still confident about notebook orders throughout the year. In India, Lava International reportedly is preparing for IPO, as it seeks to reclaim lost ground in the local handset market.
Taiwanese PCB makers saw their combined first-quarter 2021 output value at their plants in Taiwan and China surge 26.7% on year to NT$173.4 billion (US$6.11 billion), a record high for the same quarter, according to statistics released by Taiwan Printed Circuit Association (TPCA).
China-based handset brands, including Xiaomi, Oppo, Realme and Honor, reportedly have slashed their shipment goals further for 2021, having already lowered their targets earlier in May, according to industry sources.
The rampant pandemic in India has raised an alarm among ICT makers. Suppliers in the handset and PC sectors have seen orders dlowing down from the South Asian country. Taiwanese IC design houses are also bracing for disappointing sales in second-quarter 2021 because of the impacts from the surging COVID infections in India. But server ODMs still expect stgrong growth in shipments in the second quarter, driven by persistently strong stay-at-home demand.
ODMs and other suppliers engaged in the notebook and handset industry supply chains have seen orders from India start slowing down recently, as a resurgence of COVID-19 infections in the country has led to both supply- and demand-side issues, according to industry sources.
HDI PCB manufacturers have turned cautious about their sales performance in the second quarter, as orders from Chinese handset clients are slowing down along with their sales declines in China and India markets, according to industry sources.
Rampant Covid-19 infections across India have not only disrupted production at plants run by Taiwan's electronics suppliers there, but also made it more difficult for them to dispatch Taiwanese management staff to the South Asian country, according to industry sources.
Taiwan-based electric scooter vendor Gogoro has announced a strategic partnership with India-based Hero MotoCorp for setting up a joint venture to operate battery-swapping Gogoro Network and develop electric motorcycles and scooters for sale in India.
Although PC brand vendors are mostly keen about shifting production to India, eyeing its PC market's strong potential, their manufacturing partners are rather conservative, according to sources from ODMs.
Asustek Computer is currently in talks with partners in India for manufacturing PCs there, and is looking to expand its share in the South Asian country's consumer PC market to 20%, according to a report by the Hindu citing Arnold Su, business head, Consumer & Gaming PC, System Business Group, Asustek India.
India-based Bharti Enterprises is to develop IoT and other communication devices with local EMS Dixon Technologies to capitalize on the government policy designed to encourage local production, according to a media report from India.
Many handset and component manufacturers that have participated in India's five-year production-linked incentive (PLI) scheme have urged the Indian government to push back the program's timeline by a year as pandemic-induced impacts have disrupted their production targets.
Teco Electric & Machinery will set up a factory in India on a joint venture basis with Japan-based Mitsui to produce industrial motors, electric vehicles (EV) motors and frequency converters, with construction to begin in May 2021 and completion at the end of the year, according to company president George Lien.
India's tablet market recorded 14.7% on-year growth with shipments totaling 2.8 million units in 2020, according to IDC. It was a year of growth after declining for four consecutive years, mainly aided by the increased utility of tablets to support e-learning demand.