India roundup: First SEMICON India to be held in September

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

Semiconductor equipment suppliers are eyeing opportunities in India. India's local EMS providers are benefitting from a global supply chain relocation.

SEMI to launch first SEMICON India in September

SEMI will hold its first SEMICON India, with Japan-based semiconductor equipment suppliers attending. An analyst believes the market lies in IC backend business rather than wafer fabs.

Canon eyes growing semiconductor opportunities in India

According to an official press release, Canon announced plans to strengthen its core businesses in India during a strategy meeting held in Mumbai on June 7. These core businesses include imaging, printing, and surveillance. The company also outlined its intention to expand its presence in the semiconductor sector, adding that India would help boost Asia to become Canon's top sales region by 2035.

India-based Dixon enters display manufacturing with China-based HKC

According to a corporate filing to the BSE and National Stock Exchange of India, Dixon has signed a term sheet with China-based display maker HKC to form a joint venture for the manufacturing of LCM and TFT-LCD modules.

Tata Motors outlines EV roadmap, achieving 30% penetration in portfolio by FY2030

According to a presentation released to investors on its website, Tata Motors, the leading EV brand in India, plans to increase Capex in its EV business. It aims to launch mid-to-low-end products to increase the penetration of EVs in its portfolio to about 30%.

India reportedly seeks to limit Chinese participation in Indian subsidiaries, woos Taiwanese investments

India reportedly plans to continue its restrictive policy against Chinese investments as local manufacturers are hoping to leverage technological expertise from China to build a local supply chain. Taiwan also emerges as a choice for India as it looks to reduce its reliance on China.

India post-election coalition compromise requirements may impact investors, warns experts

After a general election where India's ruling party lost its parliamentary majority, Taiwanese experts maintain that there are opportunities for Taiwanese investors, particularly in the semiconductor sector. However, investors may encounter challenges as India's central government policies could face opposition from state governments, necessitating efforts to find common ground and compromise.