While Donald Trump's reciprocal tariffs have unleashed fear and fury around the world, there is one major economy that sees an "opportunity of a lifetime" in the disruptions
Apple is ramping up iPhone exports from India to the US in response to new tariffs imposed by US President Donald Trump, seeking to shield its margins without raising retail prices—for now. According to The Wall Street Journal, sources said Apple views this move as a temporary measure while it tries to secure an exemption from the tariffs, much like CEO Tim Cook did during the previous Trump administration
CDIL Semiconductors, one of India's oldest semiconductor firms, is teaming up with Infineon Technologies to bring localized power discrete solutions to the Indian market
India will restrict market access to BYD Co. even as it courts investments from US rival Tesla Inc., showing New Delhi's lingering angst with China despite recent signs of a thaw in relationship
As Trump imposes a 27% reciprocal tariff against India on top of a 10% baseline duty, India launches an electronics component manufacturing incentive scheme, and Foxconn continues to buy production equipment from Apple for its Indian operations
Apple Inc. is finding itself squarely in the crosshairs of President Donald Trump's new tariffs, even after a yearslong effort to insulate the iPhone maker from trade wars and supply chain disruptions
President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Trump said Wednesday he will apply a minimum 10% tariff on all exporters to the US and slap additional duties on around 60 nations with the largest trade imbalances with the US. That includes substantially higher rates on some of the country's biggest trading partners, such as China — which now faces a tariff of at least 54% on many goods — the European Union and Vietnam
Tata Electronics has made a significant move to bolster its semiconductor manufacturing ambitions by appointing industry veteran KC Ang as President and Head of Tata Semiconductor Manufacturing. Ang, bringing over three decades of experience in the semiconductor sector, will assume his new role in 2024, reporting directly to Tata Electronics CEO Randhir Thakur, according to the Economic Times and Mint
Foxconn (Hong Hai) revealed that its Indian subsidiary will procure equipment from Apple's subsidiary, signaling an expansion of Apple product production in India, which is rapidly emerging as a key manufacturing hub for the company
A senior executive from Kaynes Semicon revealed plans for the company to become the first in India to package chips by July, noting the delay in Micron's ATMP project
Foxconn reportedly plans to double iPhone production in India by 2025, aiming to produce 25-30 million units annually. This expansion, driven by Apple's diversification strategy and Indian government incentives, marks a significant shift in global iPhone manufacturing
India is extending its push for electronics self-reliance beyond finished goods, approving a US$2.68 billion scheme targeting component manufacturing. This initiative aims to close a significant import gap, offering tailored incentives to boost domestic production and integrate India into the global electronics supply chain, addressing a critical need alongside existing Production-Linked Incentive (PLI) efforts
Dixon Technologies is rapidly solidifying its position in India's electronics manufacturing services (EMS) sector. Recent joint ventures with Signify and Vivo, alongside acquisitions like Ismartu, demonstrate Dixon's aggressive expansion strategy. These moves, coupled with its focus on "Make in India," are driving its growth across diverse electronics manufacturing
Chinese electric vehicle (EV) manufacturer BYD is considering establishing an electric car manufacturing unit near Hyderabad, which would make Telangana the first Indian state to host a BYD factory. The company has engaged in extensive discussions with the state government and is assessing three proposed locations before finalizing a site and signing an agreement, reports ETV Bharat, Business Standard, and the Times of India
India sees major tech and industry shifts: Intel's OSAT speculation grows, Asus recovers US$161.9M, Netrasemi preps AI SoCs, Samsung faces US$601M tax demand, smartphone and renewable energy sectors surge, and OpenAI, Meta eye Reliance partnership
