India-based Continental Device India (CDIL Semiconductors) announced a comeback in the semiconductor manufacturing business, with two ATMP lines expected on board. The oldest discrete semiconductor provider in India is looking to capitalize on the rising demand for electronics and a growing ecosystem in India.
Analyses diverge on how well the overall sales for the iPhone 15 series will perform this year. Due to the unexpectedly high order amount and the fact that the series is still in the initial stages of mass production, it is still too early to reach a conclusion, say industry sources. Potential supply chain issues, restrictions from the Chinese government, and competition from Huawei could still steer the sales of the iPhone 15 series in different directions.
Indian digital services and solutions provider Coforge is set to embed generative and other AI forms into its core operations. The recent introduction of 'Coforge Quasar,' a generative AI platform, underscores the company's interest in advancing enterprise AI capabilities. Notably, Quasar boasts an impressive suite of over 100 pre-integrated APIs ready for deployment.
V. Lee, the Foxconn representative in India, said in a LinkedIn post that the group aims for another doubling of employment, FDI, and business size in India. Lee did not elaborate on the timeline of Foxconn's expansion plan in India. According to Reuters, Foxconn employs 40,000 people in India.
When the world is de-globalizing, it is the best time for Taiwan to re-connect to the global market. When a Taiwan-based IC distributor is moving toward the European and American markets via acquisition, how can Taiwanese fabless companies not gauge the pulse of this important trend?
Light electric vehicles are rising in Asia. Canadian startup Zen Energy sees the opportunity and has developed batteries with quadruple lifetime for two and three-wheelers. The company has chosen India as a launchpad to expand its business in Asia.
China and India have both contributed to the initial production volumes of the iPhone 15 series but the share from China is still larger than that from India with the latter still having room for growth. iPhones made in India are primarily for satisfying local demand and neighboring markets, according to sources from the upstream supply chain.
Following the semiconductor partnership between the US and Vietnam and US-based GlobalFoundries' opening of a new plant in Singapore, the US is looking to build a more diversified semiconductor supply chain, with South and Southeast Asian countries expected to emerge.