Indian SaaS company Zoho is reportedly planning to invest US$700 million in semiconductor manufacturing. If true, this could mark another case of an Indian company entering the semiconductor sector. In terms of funding, this investment should be in the IC backend domain.
Indian solar energy company Orb Energy has reduced its reliance on Chinese components by over 20% in recent years, in line with the general trend of diversifying supply chains.
PC shipment in India grew slightly over the past quarter, primarily driven by shipments of Dell- and Acer-branded products. Weak demand from the enterprise market hit PC vendors.
The internet giants are building comprehensive ecosystems, in which Generative AI (GenAI) plays a pivotal role. "From cloud to the edge" will be an inevitable trend.
Amidst endeavors to cultivate a semiconductor ecosystem, India is purportedly contemplating creating an IP pool for semiconductor startups, mirroring the approach adopted by Taiwan in nurturing its semiconductor ecosystem.
Dixon Technologies, the largest India-based EMS provider, recorded surging sales and profit, but the growths missed expectations. The company is adding partners and looking to foray into display module manufacturing.
Suppliers are expanding their target regions to include India and Southeast Asia as consumer Microcontroller Unit (MCU) markets revive at different rates, according to industry sources.
An Indian top official revealed that Apple plans to increase India's iPhone production share from over 10% to 25% by 2028, indicating that Apple will explore more local suppliers to achieve its goal.
India's US$10 billion semiconductor mission is surging forward with recent collaborations and investments. The partnership between Power Semiconductor Manufacturing Corporation (PSMC) and Tata, along with Micron's substantial investments, signal decisive strides in fortifying India's semiconductor industry.
N Chandrasekaran, Tata Sons chairman, will assume the role of chairman of Tata Electronics, highlighting Tata's determination to enter the semiconductor industry as the group forays into semiconductors, EVs, and iPhone manufacturing amid India's ambition to develop a local high-tech ecosystem.
An Indian startup is commercializing globally significant Gallium Nitride (GaN) semiconductor technology with applications in wireless transmitters and 5G networks.
According to a corporate filing to the Shanghai Exchange, MG Motor, a subsidiary of SAIC, plans to introduce investors such as JSW Ventures Singapore Pte. Limited (referred to as JSW Singapore) through equity transfer and capital increase for expansion.
Lam Research is expanding its investments to help India grow a chipmaking ecosystem. India-based Mindgroove Technologies introduced a RISC-V SoC to meet local demands.
