India may see more local companies venture into the IC design sector as it develops its local semiconductor supply chain. Apple saw an improving performance in India when it encountered challenges elsewhere, including China.
India approved an MoC with Japan for chip development. An Indian delegation visits Taiwan to attend annual bilateral meetings with government and industry leaders, seeking investments from Taiwan, including in semiconductors.
US-based technology giant signed agreements with India to help the latter develop AI, semiconductors, and quantum technology, three promising technologies for the decades to come. India is reportedly considering providing incentives for companies making electric vehicles (EVs) in india, and Suzuki may capitalize the policy to build its first EV production hub in the South Asian country.
Apple is expected to see increased iPhone shipments and market share, with Foxconn planning to expand investments in India. India's local giants are ramping up their chip push to build a self-reliant semiconductor ecosystem.
Before India's import license requirements take effect in November, notebook orders have increased in India to reduce uncertainties. PC and notebook vendors also applied for India's incentive scheme to make products in India to avoid license requirements.
Samsung receives better pre-orders for its latest foldable phones compared to a year ago amid smartphone premiumization. Honor denied any association with India-based HonorTech that plans to bring Honor-branded phones back to India.
Over the past week, a series of developments and rumors regarding Foxconn's investments in India have occurred. Global PC and notebook manufacturers are closely watching if India will recosider implementing its import restrictions on computers.