Tesla has reportedly rekindled its interest in the Indian market by resuming its search for showroom space in New Delhi. Having paused its investment plans earlier this year, the electric vehicle giant is currently in early-stage talks with DLF to secure prime locations in the capital region
Xiaomi India is undergoing significant leadership changes while steering its strategy toward the premium market segment. During a recent media event, senior executives outlined the company's plans to introduce high-end smartphones and expand its IoT product portfolio, though they confirmed no immediate plans for EV launches in India
In response to the semiconductor shortages caused by the pandemic and the ongoing tensions between the US and China, countries have increasingly focused on strengthening their semiconductor and AI industries. This push is driven by a desire to enhance security and achieve greater self-sufficiency. Consequently, there has been a growing interest in industry events like Computex and SEMICON Taiwan over the past two years
Tex Year Industries is set to deliver strong operational results in 2024, with positive momentum expected to continue into the first half of 2025. Company chairman and CEO Donald Hsiao cited market stability and highlighted the upcoming launch of a new production line in India scheduled for 2025. Despite challenges from exchange rates, interest rates, and geopolitical uncertainties, the company maintains an optimistic outlook across its key markets in China, ASEAN, the Americas, and Europe
India's semiconductor imports have continued to rise as the nation works to establish its electronics manufacturing supply chain. This increase in chip imports is accompanied by a growing reliance on China. To reduce dependency and mitigate potential risks, India has launched various initiatives aimed at diversifying its supply sources
India is intensifying its focus on establishing sovereignty in artificial intelligence (AI), emphasizing technological self-reliance and global competitiveness
LG Electronics India filed an IPO in India, aiming to capitalize on the country's growing appliances and electronics market. However, concerns arise regarding potential conflicts of interest with other LG entities and the lack of exclusivity agreements
NXP Semiconductors is taking steps to strengthen its foothold in India with a substantial investment commitment that underscores the country's burgeoning status as a technological powerhouse. The company plans to inject over US$1 billion into India, focusing significantly on enhancing research and development capabilities. A considerable portion of this investment is set to benefit Karnataka, a southern state that is quickly becoming a magnet for technological investment and innovation
Innolux has seen delays in mass production for FOPLP and no progress in its new LCD panel fab project in India, but company chairman Jim Hung stressed that the firm will not be deterred from forging ahead with its plans
Taiwan's Delta Electronics India has partnered with India-based ThunderPlus to improve India's EV charging infrastructure by introducing the country's first locally-made fast chargers for electric two-wheelers (E2Ws) and electric three-wheelers (E3Ws)
Chinese smartphone manufacturer OnePlus announced its intention to invest up to INR60 billion (approx. US$710 million) in India over the next three years to fend off emerging challenges, particularly from Apple, in the premium smartphone market
Indium Corporation is reinforcing its engagement with India's growing semiconductor sector by enhancing its operations and fostering relationships with local partners
As India pursues its goal of establishing a robust domestic chipmaking ecosystem, Japanese companies, known for their strength in semiconductor equipment and raw materials, are turning their attention towards opportunities in India
Tata Electronics, rapidly establishing itself as a significant iPhone assembler in line with Apple's production diversification strategy, is expanding its capabilities to become a fully integrated electronics manufacturer while pursuing discussions with other major technology companies for manufacturing contracts
