Constant geopolitical change in recent years, coupled with the pandemic, have resulted in the regionalization of the manufacturing industry, and the localized, decentralized, and short-chain development of the supply chain becoming topics of much discussion. Considering the localization and decentralization of the supply chain, most brand customers are adjusting their order ratios again.
Following the labor code change in Karnataka, Apple is reportedly lobbying for another relaxation in labor laws in Tamil Nadu amid the competition among Indian states to woo investments from global manufacturers.
Following mobile phones, smartwatches, and wireless headphones, the India-based contract manufacturer Optiemus Electronics is expanding its manufacturing portfolio to include laptop manufacturing amid an increasing PC adoption resulting from trends in digital transformation and remote working and learning.
EMS provider Universal Scientific Industrial (USI), a subsidiary of ASE Technology (ASEH), expects to strengthen the company's automotive antenna manufacturing capability with its planned acquisition of a TE Connectivity unit.
On January 14, Pegatron Corporation, the leading contract manufacturer, held an investor conference. The company released the financial reports for 2022Q4 and the entire 2022, as well as voiced its outlook for 2023. Pegatron believes that business prospects will continue to be affected by macro-environmental factors in 2023, with many variables beyond its control at play here. The revenue in 2023 is expected to be about the same as the previous year or decline slightly. As for the highly anticipated automotive electronics market, Pegatron aims to increase its share of the revenue from the current single-digit percentage range to over 10% within two years.
R&D is the bedrock upon which an enterprise's commercial triumphs are built. Any disappointing outcome or inefficiency originating therefrom can spell out the company's economic demise in our cutthroat capitalist coliseum. Competitivity of goods and services could dwindle, leading to a sharp decline of revenue, gross and net operating profits.
Apple is expected to open its long-awaited first flagship store in India, marking Apple's efforts to expand in the world's second-largest smartphone market as the global smartphone market is plateauing.
Global AIO PC shipments continued to plunge in the fourth quarter of 2022, down 15% sequentially and 44% on year to reach only around two million units since most demand had already been fulfilled in 2021 amid robust stay-at-home activities during the COVID-19 pandemic at the time, according to DIGITIMES Research's study on the AIO PC market.
India is looking to amend its incentive scheme for IT hardware to encourage investments in manufacturing laptops and tablets in India. However, manufacturers argue against the fresh investment clause amid a declining PC market.
The global top-5 notebook brands, not including Apple, saw their combined shipments rise over 10% on month in February 2023 thanks to a low comparison base in January and channel retailers' inventory replenishment, according to DIGITIMES Research's monthly notebook shipment update.
Amid Apple suppliers' increasing investments in India, Foxconn is reportedly to make AirPods in its planned facility in the southern state of Telangana, making it the first time for both Foxconn and India to manufacture the premium wireless earphones for Apple.
According to official estimates, India's electronics production and exports are both increasing rapidly. However, India may still miss its target for electronics production of US$300 billion unless India speeds up its development in the semiconductor ecosystem.
Network device maker Unizyx Holding has said that clients who had actively stockpiled inventory in the previous two years due to supply constraints are still engaged in inventory digestion, which could take one to two quarters to complete.
Asustek Computer has warned that it may remain unprofitable in the first half of 2023, while Gigabyte Technology and Micro-Star International (MSI) both expect sales to pick up quarter by quarter throughout the year.
Oil and chemical silos require regular checks and maintenance to ensure they do not leak. Taiwan-based Droxo Tech is developing unmanned vehicles that can detect rusted areas on a silo and repaint them. The products have received interest from major petrochemical companies like China Steel Corporation and Formosa Plastics Corporation.
The industrial event 'Satellite 2023' has begun in Washington DC, USA, attracting over 350 companies from the aerospace supply chain, among them household names like NASA, SpaceX, OneWeb and Intelsat. As a crucial link in the global electronics industry, Taiwan has also set its sight upon the space industry. Satellite 2023 is consequently seeing numerous Taiwan-based participants, such as Universal Microwave Technology, Intai Technology Group, Pyras Technology and Tron Future Tech.