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Thursday 28 November 2024
Taiwan EMS firms urged to build factories in US
US President-elect Donald Trump advocated for higher tariffs on Canada, Mexico, and China before assuming office. Establishing factories in the US has become essential, as numerous...
Thursday 28 November 2024
BYD reportedly preps for Trump 2.0 tariffs with 10% supplier cost cuts in 2025
BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly...
Thursday 28 November 2024
Foxconn to assess impact of Trump's Mexico tariff proposal
On November 25, US President-elect Donald Trump announced via social media that he would sign an executive order on his first day in office, imposing a 25% tariff on imports from...
Thursday 28 November 2024
Foxconn reportedly secures land in Tamil Nadu for new battery plant
Foxconn has reportedly secured 200 acres of land in Tamil Nadu for a battery manufacturing plant, aligning with the company's strategic focus on AI and EV as growth engines.
Wednesday 27 November 2024
Apple reportedly scouting Indian manufacturer partners to reduce reliance on China
Apple is actively pursuing partnerships with Indian manufacturers to establish a local supply chain beyond iPhone production, potentially including components for wearables and other...
Wednesday 27 November 2024
India PC market on recovery path despite slight shipment growth in 3Q24
As India entered its annual festive season, PC shipments experienced slight growth despite a weak consumer market. Acer achieved double-digit growth, driven by strong demand from...
Wednesday 27 November 2024
India antitrust regulator greenlights Alphabet's investment in Flipkart
According to a press release published by the Press Information Bureau of India, the Competition Commission of India (CCI) has greenlit a significant transaction involving the investment...
Wednesday 27 November 2024
India reportedly decides to proceed with antitrust investigation against Apple
Apple's attempt to delay a report indicating it violated competition laws in India has been denied by the nation's antitrust authority, the Competition Commission of India (CCI),...
Wednesday 27 November 2024
Trump's threat of tariffs on Mexico may disrupt AI server supply chain
Donald Trump is set to return to the White House in January 2025, and he has already declared on social media that on his first day in office, he will sign an executive order imposing...
Tuesday 26 November 2024
Taiwan's chip industry unfazed by Trump's trade policy, says former TSMC chairman Mark Liu
On November 25, newly inaugurated US President Donald Trump announced plans to sign an executive order imposing a 25% tariff on goods from Mexico and Canada and raising tariffs on...
Tuesday 26 November 2024
Shifting gears: US tariffs reshape global automotive supply chain
Heightened US tariff policies are rattling the automotive industry, threatening higher vehicle costs. Industry insiders note that while the US mandates final assembly domestically,...
Tuesday 26 November 2024
India reportedly to offer US$5 billion incentive to boost electronics manufacturing
India is preparing to roll out a new set of incentives worth up to US$5 billion, aiming to encourage companies to manufacture electronic components domestically. Designed by India's...
Tuesday 26 November 2024
AMD inaugurates the second phase of Bengaluru design center
AMD inaugurated an R&D center in India while affirming its commitment to invest the US$400 million announced in 2023. The company is building two supercomputers in India specifically...
Monday 25 November 2024
China leads global offshore wind race as India plays catch-up
In the rapidly evolving landscape of global offshore wind energy, China has emerged as the undisputed frontrunner, while India is just beginning to explore this sector. Industry experts...
Monday 25 November 2024
India roundup: Foxconn revises recruitment ads in India after discrimination allegations
Foxconn addresses discriminatory ads and requests neutral recruitment practices. CCI fines Meta US$25.3 million for abusing market dominance in India.