India has become one of the most promising markets to sustain Apple's growth. The company, facing stiff competition in China, has reportedly seen its sales in India surge by 33% year-on-year over the past fiscal year.
Bengaluru-based Indkal Technologies has entered into a brand licensing agreement with Taiwan-based Acer to produce and sell Acer smartphones in India. As per the agreement, Indkal will handle the design, manufacturing, and distribution of Acer-branded smartphones, with the launch expected in the coming months. This collaboration marks Acer's entry into the highly competitive Indian smartphone market.
Transsion, the dominant player in mobile phone markets across many emerging economies, is facing legal challenges from several Western companies, most notably Qualcomm, a company that rarely resorts to litigation.
L&T Semiconductor Tech, a subsidiary of Indian conglomerate Larsen & Toubro, plans to focus on semiconductor IC design in its initial phase, followed by the development of a Gallium Nitride (GaN)/ Silicon Carbide (SiC) fabrication facility in the second phase.
A recent investigation by the Competition Commission of India (CCI) has found that Apple Inc. misused its market power when setting billing policies for app developers on its iOS platform, according to a report by Reuters on July 12.
In the wave of digitalization and Artificial Intelligence (AI), cultivating talent skills has become a priority for governments worldwide. However, analysts predict that India's tech industry will face a shortage of one million high-level professionals in the next 2-3 years.
Xiaomi's India business faced a significant setback in the 2023 fiscal year, with both revenue and net profit experiencing steep declines. The company is now pinning its hopes on a newly unveiled 10-year plan to recapture its former market dominance in the region.
Larsen & Toubro bought an IC design startup to enhance its IP and engineering capabilities in the semiconductor sector in a series of investments in and acquisitions of India-based chip startups.
The Indian government is reportedly urging Apple to increase the range of products manufactured in the country, including iPads and Macs. According to a Money Control report citing unnamed sources, the government is encouraging Apple to produce these devices within the next two years. AirPods could potentially become the next Apple product made in India.
To enhance corporate investment momentum in Taiwan and address talent shortages, Taiwan's National Development Council (NDC) said it is considering a system similar to Japan's "J-Skip" program, which allows those with a master's degree or higher, or advanced skills and a certain income level, to apply for permanent residency after just one year.
As Xiaomi enters its 10th year in the Indian market, the company hopes to double its product shipments and expand local manufacturing to strengthen its presence in the market.
As a global leader in ICT manufacturing, Hon Hai (Foxconn) has become a bellwether of relocation trends in the manufacturing industry, as its customers increasingly demand "China+1" and "Taiwan+1" production.
When Raghu Panicker, the CEO of Kaynes Semicon (a 100% subsidiary of Kaynes Technology), decided it was time to fill more critical positions as his company expanded toward its goals in OSAT, his first inclination was to turn to traditional job platforms and campus connections.
