CONNECT WITH US
Wednesday 10 September 2025
OpenAI reportedly in talks to bring US$500 billion Stargate project to India, sparking data center expansion
The Economic Times, citing unnamed sources, reported that OpenAI is holding preliminary discussions with Indian data center firms, including Sify Technologies, Yotta Data Services, E2E Networks, and CtrlS Datacenters, as it considers bringing its US$500 billion global supercomputing project, Stargate, to India. Parallel talks are also underway with Reliance Industries, which plans to build a massive data center in Jamnagar, Gujarat
Tuesday 9 September 2025
LG Electronics India expected to launch IPO in October 2025
LG Electronics is planning to launch the initial public offering (IPO) of its Indian subsidiary in October 2025, aiming to raise approximately INR150 billion (US$1.7 billion). The Offer for Sale (OFS) will involve the parent company, LG Electronics Inc., divesting a 15% stake, or 101.8 million shares, in its India unit, according to KNN India
Tuesday 9 September 2025
L&T Semiconductor Technologies acquires Fujitsu General Electronics' power module design assets
India-based IC design firm L&T Semiconductor Technologies (LTSCT) announced on Friday that it has acquired the power module design assets of Japan's Fujitsu General Electronics (FGEL), marking a significant step in its push to expand capabilities in power electronics
Tuesday 9 September 2025
VinFast enters India with locally made EVs as first foreign pure-play manufacturer
Vietnamese automaker VinFast has officially entered India with the launch of its VF 6 and VF 7 electric SUVs, betting on local manufacturing and ecosystem partnerships to gain a foothold in one of the world's fastest-growing EV markets. The company's Tamil Nadu plant, with an initial capacity of 50,000 units, represents a US$500 million investment and positions VinFast as the first foreign pure-play EV maker to set up production in India
Tuesday 9 September 2025
SEA political turmoil impacts PC sales; Acer aims for 4Q25 rebound
Political turbulence across key Southeast Asian markets has created both challenges and opportunities for Acer's regional operations
Monday 8 September 2025
India roundup: India pushes chip ambition as tax reform unveiled
Semicon India 2025 was held during September 2 and September 4, as India unveiled plan to revamp consumption tax and recycle critical minerals
Monday 8 September 2025
India's chip drive gains momentum but foreign giants hold back investments
India showcased its semiconductor ambitions at Semicon India 2025 with the unveiling of its first homegrown chip and a flurry of local partnerships. While global players such as ASML, Tokyo Electron, and Fujifilm expressed support, their moves remain exploratory, underscoring India's challenge in securing concrete foreign investment
Thursday 4 September 2025
Fujifilm Electronic Materials eyes India for major semiconductor investment
Fujifilm Electronic Materials is considering a significant investment in India as part of its strategy to expand in the fast-growing semiconductor sector, according to a report by the Times of India
Thursday 4 September 2025
Semicon India 2025: Kaynes Semicon forges key partnerships to strengthen local chip ecosystem
Kaynes Semicon, a subsidiary of Kaynes Technology and India's first advanced OSAT and module manufacturer, has announced a series of strategic partnerships during Semicon India 2025, held from September 2-4, 2025. The collaborations underscore India's push to expand its semiconductor manufacturing and testing capabilities, while positioning Kaynes as a key industry player, according to multiple reports, including The Economic Times, Electronics Media, DQ India, and Devdiscourse
Thursday 4 September 2025
India clears incentive scheme to boost critical mineral recycling
India has approved an incentive scheme worth INR15 billion (US$180 million) to expand the country's capacity to recycle critical minerals from secondary sources. The six-year program, part of the National Critical Mineral Mission, aims to strengthen domestic supply chains and reduce dependence on imports for minerals vital to clean energy, electronics, and advanced manufacturing
Thursday 4 September 2025
Odisha secures semiconductor deals at Semicon India 2025
Odisha emerged as a key player in India's semiconductor landscape at Semicon India 2025, securing multiple high-value investment commitments and unveiling ambitious manufacturing projects that position the state as a major hub for chip production
Wednesday 3 September 2025
Korean brands dominate India's TV market as Xiaomi struggles to hold ground
South Korean manufacturers Samsung Electronics and LG Electronics continue to dominate India's television market, consolidating their positions as leading players in one of the world's fastest-growing consumer electronics segments
Wednesday 3 September 2025
Tokyo Electron expands India footprint as Japan ups chip investment
Tokyo Electron has announced plans to open new offices in India to support the country's growing chip industry. According to ANI and the Economic Times, senior executives at Tokyo Electron, including SVP Fumihiko Kaminaga and EVP Takeshi Okubo, said the company will open a main office in Bengaluru, with additional stations in Ahmedabad and Dholera, Gujarat
Wednesday 3 September 2025
South Korean semiconductor firms look to India, led by Samsung's expanding R&D presence
South Korea's semiconductor push into India is being spearheaded by major players such as Samsung Electronics, while smaller firms have shown limited investment despite growing interest
Wednesday 3 September 2025
Tesla's India launch stumbles amid tariff woes
Tesla's long-awaited entry into India has been marked by disappointing sales, raising questions about the electric vehicle maker's strategy in one of the world's fastest-growing auto markets