Before India's import license requirements take effect in November, notebook orders have increased in India to reduce uncertainties. PC and notebook vendors also applied for India's incentive scheme to make products in India to avoid license requirements.
Due to supply chain disruptions and rising geopolitical risks, companies are speeding up their production diversification efforts, with Foxconn and Pegatron de-risking themselves from the over-reliance on China, particularly in mobile phone manufacturing in India.
India-based Optiemus Infracom announced a joint venture with US-based glass and ceramics maker Corning to make products in India, one big step further for India's electronics ecosystem.
A day after India closed the application window for the notebook and tablet manufacturing incentive scheme, PC vendors began product production in India even before the import restrictions had yet to take effect.
Brand notebook vendors have stepped up their pace of orders destined for the Indian market and are expanding local assembly production capacity in response to the Indian government's plan to restrict PC imports beginning in November, according to industry sources.
Apple finally confirmed its launch of the iPhone 15 series of products by sending out an Apple Event invitation recently. Market spectators said Apple is also likely to unveil some new wearable devices at the Apple Event, to be held on September 12 at its headquarters in Cupertino, California.
With the upcoming license requirements for imported computers, India's incentive scheme for locally-made tablets and notebooks has attracted interest from global PC vendors.
An unprofitable electric vehicle maker has suddenly become the third most valuable auto manufacturer in the world, leaving the likes of General Motors Co. and Ford Motor Co. in its dust.
Intel recently terminating its US$5.4 billion deal to acquire Israel's contract chipmaker Tower Semiconductor after failing to obtain required regulatory approval from China is undoubtedly a major setback for the US chipmaker in terms of strengthening its chip foundry business. But for the Israeli foundry house, the breakdown of the deal may not necessarily be a bad thing, as it could pave the way for the company's investment in India.
India announced a relaxation of rules for the low-emission automobile and its components incentive scheme, which is expected to provide some relief for the applicants to make EVs or fuel cell EVs.
India-based conglomerate Reliance Industries announced more 5G and smart home offerings. The company said it will not miss the AI opportunities, planning to develop India-specific AI models and solutions.
Many Taiwan-based companies have expanded to Southeast Asia and India, leveraging the lower labor and land costs. As automotive electrification continues, China-based EV suppliers have also entered those emerging markets. Sources said the customers that Taiwanese and Chinese companies target are different.
Taiwan-based notebook maker Twinhead expects its Durabook brand ruggedized notebooks to enjoy increasing orders as governments worldwide are raising their expenses for national defense, affected by the war between Russia and Ukraine, according to company president Fred Kao.
India's engineering solutions providers have been quick to capitalize on the recent global interest in electric vehicles. One of the key players in this field is Tata Elxsi, which stands as a leading entity in delivering engineering solutions within the automotive industry with strategic partnerships and initiatives.
