India has issued detailed guidelines for the "Scheme to Promote Manufacturing of Electric Passenger Cars in India" (SPMEPCI), aiming to attract new investments from global EV manufacturers. Under the scheme, approved applicants must commit to a minimum investment of INR41.5 billion (approx. US$500 million) within three years, with the objective of establishing domestic manufacturing facilities for electric four-wheelers (e-4Ws)
Vietnamese electric vehicle maker VinFast plans to launch its VF6 and VF7 models in India ahead of this year's festival season, as it sets its sights on becoming a key player in the country's premium EV segment. The company has already invested US$500 million in a manufacturing plant in Thoothukudi, Tamil Nadu, and aims to ramp up annual production from 50,000 to 150,000 units in the coming years
A wave of senior executives from global semiconductor giants such as Intel, AMD, and Texas Instruments (TI) are striking out on their own to launch AI chip startups in India, seeking to tap into the country's growing semiconductor ecosystem and the multibillion-dollar opportunity in artificial intelligence, as reported by the Economic Times
US President Donald Trump has pressured Apple into de-accelerate its investments in India, which may have limited impact on the company's diversification strategy
Networking company Alpha Networks (Alpha) held its shareholders meeting on May 27, 2025, where it expressed optimism about the continued strengthening of shipment momentum for its core products in the second half of 2025. Coupled with active expansion into emerging telecom markets and accelerated development of high-end products, Alpha maintains a cautiously positive outlook for its business growth this year
Xiaomi is doubling down on its smartphone premiumization strategy as it adapts to evolving market dynamics in China and abroad, company executives said during its first-quarter 2025 earnings call held on May 27, 2025. While total smartphone market growth this year is expected to trail earlier expectations, the company is prioritizing a refined product mix over volume expansion, focusing on higher-margin mid- to high-end models
An India-based gallium nitride (GaN) startup is exploring partnerships with Japanese companies to strengthen its technology stack and tap into Japan's advanced semiconductor supply chain, as both countries deepen strategic cooperation in tech and defense
India's PC market—including desktops, notebooks, and workstations—continued its upward momentum in the first quarter of 2025, growing 8.1% year-over-year with 3.3 million units shipped, according to IDC. This marks the seventh consecutive quarter of annual growth for the sector
US President Donald Trump has reignited trade tensions, this time with his sights set on smartphones. On May 23, 2025, he proposed a 25% tariff on imported handsets, singling out Apple and Samsung Electronics. The announcement rattled both companies and their global supply chains, triggering fears of price hikes and logistical disruption in the critical US smartphone market
A high-level delegation from the Government of Telangana, India, led by senior bureaucrat Narsimha Reddy IAS, participated in COMPUTEX Taipei 2025 to promote what the state describes as its ambition to emerge as a manufacturing powerhouse for electronics. According to officials, the visit marks a significant stride in Telangana's ongoing engagement with the Taiwanese tech ecosystem to attract investments and advance electronics production within India
US President Donald Trump has renewed his push to bring manufacturing back to American soil, this time by threatening a 25% tariff on smartphones assembled outside the US. Initially aimed at Apple, Trump later clarified that the proposed tariff would apply more broadly to include companies like Samsung, emphasizing the need for fairness. He noted that the new import duties would be ready by the end of June 2025
Taiwan and India are deepening their industrial ties as Foxconn, Inventec, Phison, and Sino-American Silicon expand their India investments; however, TSMC had previously turned down India's offer to set up a wafer fab there
LG Electronics' Indian subsidiary reached record revenue and net profit in early 2025, strengthening its position in the South Asian market and enhancing prospects for a potential listing in India
The India Taipei Association, Taiwan's Ministry of Economic Affairs, and the Industrial Technology Research Institute held the "Taiwan-India Investment Strategy Partnership Forum" in Taipei on May 21. The event featured the largest Indian state government delegation ever to visit Taiwan, led by senior officials. It focused on strengthening economic ties and supporting India's push to attract foreign direct investment for its next decade of growth
According to Mint, citing M B Patil, Cabinet Minister for Large & Medium Industries and Infrastructure Development in Government of Karnataka, confirmed on X that Foxconn's factory near Bengaluru will start delivering iPhones in June
