India-based Dixon Technologies reportedly will make Google's Pixel 8 smartphones starting in September following a deal signed between Taiwan-based Compal and Padget, Dixon Technologies' subsidiary.
As Ericsson scaled up its telecom gear production in India to meet local demand, the company plans to increase exports. This move aligns with the Indian government's push to make the country a powerhouse in electronics manufacturing by encouraging local production.
Amid the investment hype among India-based companies in the semiconductor field, Kaynes Technologies said its OSAT project witnessed delays due to the ongoing elections in India, with initial production planned for one or two years from now.
According to the latest notification, India continued to impose import authorization requirements for certain electronics and IT goods, specifying that new and used electronics and IT products can only be imported if registered with the Bureau of Indian Standards (BIS) and adhere to BIS labeling regulations.
India's second-largest telco, Airtel, recently announced a long-term partnership with Google Cloud. The collaboration is expected to offer cloud services and Generative AI (GenAI) products for Indian businesses.
Renesas Electronics highlighted the importance of the Indian market, aiming to boost its revenue share from India from the current 5% to between 10% and 15% by 2030. The company also stated that its future acquisition deals will be US$1-2 billion, with no immediate plans for larger multi-billion-dollar acquisitions.
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.
Mahindra announced a substantial investment in its EV business over the next three years as the company tries to catch up with EV leaders, particularly Tata, in the rapidly growing market in India.
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.
