Wednesday 15 November 2023
Indian FDI inflow in IT software and hardware experiences sharp drop
According to official data, India saw its FDI in the computer software and hardware sector surpassed by the services sector, signaling a diminished momentum to attract foreign electronics manufacturers as India is developing its manufacturing ecosystem.
Wednesday 15 November 2023
Supply Chain Summit: Unveiling India's impact on shifting supply chain dynamics
In a recent panel discussion at the DIGITIMES Supply Chain Summit 2023, industry leaders explored the ascension of the Global South and the transformative effects of the China+1 trend, focusing on India's burgeoning role. The panel featured Colley Hwang, Chairman and President of DIGITIMES, Ajai Chowdhry, Co-founder of HCL and Chairman of EPIC Foundation, and Santosh Pai, Legal Partner at Dentons Link Legal.
Wednesday 15 November 2023
iPad leads India tablet market in 3Q23
Thanks to premiumization, Apple led the Indian tablet market, with its biggest rivals, Samsung Electronics and Lenovo, falling behind. However, The growth of India's tablet shipments may remain limited in 2023.
Tuesday 14 November 2023
India may offer more concessions and incentives to build EV and battery manufacturing base
India is reportedly looking to offer concessions and incentives to attract more companies at home and abroad to invest in manufacturing electric vehicles (EVs) and batteries.
Tuesday 14 November 2023
Unlocking India's market: legal expert Santosh Pai urges Taiwanese companies to embrace flexibility and ambition
In the ever-evolving landscape of global investments, India stands as the 7th top recipient of foreign direct investments (FDI) in 2022. For over two decades, Santosh Pai, a seasoned legal partner at Dentons Link Legal, has been a guiding force for international clients eyeing the Indian market. As India rolls out incentives to attract foreign companies, Pai shares compelling reasons for Taiwanese and international businesses to explore India and navigate the potential challenges.
Monday 13 November 2023
Weekly news roundup: Huawei breaks speed records with Wi-Fi 7 and other top stories
These are the most-read stories during the week of November 6-10:
Monday 13 November 2023
India roundup: Tata acquires 100% stake of Wistron Indian subsidiary
Tata became one of the iPhone assemblers in India after Wistron sold its Indian assets. India's smartphone market have seen shifts in recent quarters due to 5G and premiumization.
Friday 10 November 2023
India-based Kaynes Technology ventures into semiconductor manufacturing with new OSAT subsidiary
India-based EMS provider Kaynes Technology plans to set up a subsidiary for outsourced semiconductor assembly and testing (OSAT) business, another Indian company venturing into semiconductor manufacturing.
Friday 10 November 2023
Tata acquired 100% stake in Wistron Indian subsidiary
Rather than being a minority owner of Tata's iPhone manufacturing business, Wistron sold 100% of Wistron InfoComm Manufacturing (India) after an announcement to exit its iPhone manufacturing business in India in late October.
Thursday 9 November 2023
Vedanta TFT LCD collaboration with Innolux awaits approval amidst delays in wafer fab project
Despite little progress on an ambitious wafer fab project, Vedanta's TFT LCD plan in partnership with Taiwan-based Innolux has been advancing, waiting for approval by the Indian government.
Wednesday 8 November 2023
India reportedly to fast-track approving Tesla investment plan
To encourage Tesla to invest in making electric vehicles (EVs), India may accelerate the approval process for the EV maker in January 2024 during a potential visit by US President Joe Biden to India.
Wednesday 8 November 2023
Premiumization disrupts India smartphone market
As premium smartphones have received better demand in India for the past few years, the premiumization, coupled with vendors' shift in focus to higher-priced segments, has transformed India's smartphone landscape, which saw Apple's rise and may witness the lowest market concentration in 2023.
Tuesday 7 November 2023
India gains momentum amid global EMS relocation as notebook-making remains challenging
As part of the global diversification of electronics manufacturing away from China and the Quad's efforts to build a resilient supply chain, India has witnessed a wave of investments or initiatives, a trend that may benefit India in upgrading the electronics manufacturing ecosystem.
Tuesday 7 November 2023
India gears up to double PV manufacturing capacity in Chinese-dominated industry
Supportive policies and geopolitical shifts have benefited India as an emerging manufacturer of photovoltaic (PV) products. The country's manufacturing capacity for these products may more than double in an industry that has been dominated by Chinese manufacturers so far.
Tuesday 7 November 2023
5G democratization sustains India smartphone growth
5G handsets have become the bright spot in India's smartphone market with moderate demands. According to CMR's report, in the third quarter of 2023, the share of 5G smartphone shipments in India surged to 57%, reflecting an impressive year-over-year growth of 78%. In this segment, Samsung claimed the top position with a 23% market share, closely trailed by Vivo with 16%. In contrast, the overall smartphone shipment growth remained flat in the quarter.
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