Mega Networks, an Indian server solutions provider with almost 28 years of experience, is planning to bring out AI servers and enter the semiconductor packaging segment.
Weeks after India lowered its basic customs duty for imported Electric Vehicles (EVs) to encourage importers to make EVs in India, Tesla is reportedly scouting for lands in three Indian states for potential manufacturing EV plants.
Microsoft's CEO Satya Nadella shared his thoughts on the transformative potential of AI following the announcement of the company's plans to train over 2 million AI professionals in India.
India's largest EMS provider, Dixon Technologies, is reportedly in talks with China-based Transsion Holdings to acquire the majority of the latter's Indian manufacturing business, according to the Economic Times.
Polymatech Electronics, an India-based opto-semiconductor provider, has signed an MoU with Japan-based Orbray as the Indian company aspires to transform into a fully integrated, end-to-end semiconductor company.
Samsung Display (SDC) is exploring new business opportunities in Vietnam and India while reducing its dependency on the Chinese market, according to Korean media outlet Bloter. The firm manufactures handsets in different sizes and market segments for the two countries.
After an exemption of a year, the Indian government reimposed restrictions on imported solar modules starting in April, which may be targeting Chinese-made solar products.
Amid the production diversification into India, Apple and its suppliers have reportedly become the largest blue-collar job generators in the country. Thanks to India's incentive schemes, more jobs are expected to be created in the coming years.
India's Shakti and Vega microprocessors, developed by the Indian Institute of Technology (IIT) Madras and the Centre for Development of Advanced Computing (C-DAC), are on par with global counterparts in performance, according to V. Kamakoti, Director of IIT Madras.
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stably.
Backed by former cricketer, RRP Electronics plans to build Maharastra's first semiconductor OSAT facility in the state. Whether the project will materialize remains to be seen.