After India held Semicon India 2023, which had won investments from AMD and Foxconn, GlobalFoundries reportedly initiated discussions for semiconductor investments in India.
After some semiconductor manufacturers are looking to invest in India, other players in the chip supply chain have begun exploring the feasibility of setting up shop in India, a country eager to develop its semiconductor ecosystem.
Thanks to improving inventories and the upcoming festival season, India saw a smaller fall in smartphone shipments after four consecutive quarters of decline.
As the world grapples with mounting environmental challenges and income disparity, startups are seeking to address niche markets and deliver innovative, sustainable solutions that generate real value for end users. Takachar is focused on harnessing the power of pyrolysis to transform agricultural and forestry residues into valuable resources. With a mission to relieve the pressing waste disposal needs of rural communities, Takachar offers a valuable solution to both local farmers and the global ecosystem, thereby advancing climate justice on behalf of rural, underserved communities. By converting waste biomass into biofuels, charcoal, and other valuable organic products, Takachar not only reduces environmental pollution but also unlocks economic opportunities and promotes sustainable practices.
Following Micron's landmark investment to set up an ATMP facility in India, several semiconductor manufacturers and upstream suppliers are reportedly looking to invest in the South Asian country eager to develop a semiconductor ecosystem.
Taiwan-based RF IC developer RichWave expects the European and American demands, especially for FWAs, to have performed as expected, with the Chinese market's weakness more severe than anticipated. RichWave holds a positive view of India's infrastructure market.
As Samsung Electronics is looking to capitalize on rising demand for foldable smartphones and a huge Indian market, the electronics giant said it would make the latest foldable and flip products in India, shortening the time between product launch and manufacturing in the South Asian country.
After Xiaomi lost its top position in India's smartphone market, the company launched a series of initiatives to fight back. Foxconn Group is scouting land for expanding manufacturing facilities in India.
As Foxconn is scouting locations for its expansion in India, its subsidiary Foxconn Industrial Internet (FII) reportedly showed strong interest in setting up another manufacturing facility in the southern state of Tamil Nadu.
Reliance Jio, India's largest wireless operator by subscribers, is reportedly considering launching a 5G phone on its own rather than collaborating with Google.
After Xiaomi lost the crown it wore for years in India's smartphone market, the China-based company is revamping its strategy amid ongoing regulatory scrutiny from the Indian government.
In recent years, India's EV growth has been remarkable, with more companies and products entering the market. Reports from major firms like KPMG suggest that this trend is set to continue for at least another decade.
Amid India's eagerness to develop a local semiconductor ecosystem, many Indians, resident or non-resident, are looking to join the bandwagon, building ATMP (assembly, testing, marketing, and packaging) plants or making compound semiconductors.
Amid concerns about China's investments, India reportedly rejected a US$1 billion proposal by BYD to set up an EV plant, and equity investments from China into India are expected to fall further as the South Asian country is looking to reduce its reliance on China.
Following the US and Japan signed an MoU with India for semiconductor cooperation. India may take equity in IC design houses to nurture national champions as the country is eager to develop a local semiconductor ecosystem.
