India is put in the spotlight as Apple launched its latest iPhone 15 series, with a portion of the models to be produces in India.
India iPhone 15 production capacity still lags behind China
China and India have both contributed to the initial production volumes of the iPhone 15 series. However, according to sources, the share from China is still larger than that from India, with the latter still having room for growth. iPhones made in India are primarily for satisfying local demand and neighboring markets.
Foxconn reportedly to make iPhone 15 Plus in India starting 4Q
Foxconn would reportedly start making the iPhone 15 Plus in its Chennai facility in the fourth quarter. However, as the festive season approaches, iPhone production capacity in India is still low, which requires Apple to import the smartphones from overseas to meet local demands.
Tata Electronics reported larger losses
Tata Electronics, the iPhone case maker in India, reported a net loss of INR5.31 billion in fiscal 2023, larger than that in the previous year. According to India Ratings & Research, Tata Electronics' revenue increased from IN$3 million to INR4,630 million for the same period.
Nvidia to build AI infrastructure and train engineers in India
According to Nvidia's press release, Nvidia and Reliance Industries will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today, with which Reliance will create AP applications and services for 450 million Reliance Jio customers and provide AI infrastructure to scientists, developers, and startups across India.
Taiwan-based network device makers see growing orders from India
Taiwan-based network device companies have seen a substantial pickup in customer orders from the Asia Pacific region, particularly India, since the second half of 2023, according to company sources, with Arcadyan Technology and Sercomm having high expectations for the growth in India.
Demands for battery recycling expected to rise in India
RecycleKaro, an India-based e-waste management and lithium-ion battery recycling company, told DIGITIMES Asia that the demand for recycling is expected to rise as sustainability policies by the government and practices by the companies increasingly become the norm in the industry.
Tesla to double components sourcing from India
India's commerce minister said at the annual session of the 63rd Automobile Component Manufacturers Association of India that Tesla bought US$1 billion of components from India in 2022, and the figure will rise to US$1.7–1.9 billion in 2023.