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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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China's Geologists Unearth Valuable Niobium Ore In Inner Mongolia
Scientists say that the newly discovered ore containing the rare metal niobium could revolutionize battery innovation.
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Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report
Huawei Technologies is reportedly building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned.
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China Says Its New Measures to Regulate Generative AI Will Apply Only to Products for the Public
China published measures on Thursday to manage its booming generative artificial intelligence (AI) industry, softening its tone from an earlier draft, and said regulators would seek to support development of the technology.
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Taiwanese Technology Giants Look to Relocate Production Bases to India in Move Away From China
Leading Taiwanese technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market, top policymakers in the Taiwan government have said, amid the self-governed island's increasingly tense relations with China.
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Apple Supplier Foxconn Says AI Applications Will Drive Demand for Its Server Business
Apple supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
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With $2.45 Billion Investment in India, Can Hyundai Challenge China's EV Dominance?
SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian carmaker is ramping up its production capabilities as it aims to become one of the world's top three electric vehicle manufacturers by 2030.
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Apple Wants to Raise India’s iPhone Production Share to 25 Percent, Says Piyush Goyal
Commerce and Industry Minister Piyush Goyal said on Monday that Apple wants India to account for up to 25 percent of its iPhone production. Goyal did not say when Apple wants to meet the target. Cupertino, California-based Apple has bet big on India since it began iPhone assembly in the country in 2017 via Wistron and later with Foxconn.
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iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
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Foxconn's Troubles Mount, Over 20,000 Leave China iPhone Plant: Report
The company could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when the factory's worker troubles started in late October, the source said.
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Foxconn Expects Revenue to Fall in Q4 2022, to Adjust iPhone Production to Avoid Impact on Holiday Demand
iPhone assembler Foxconn on Thursday said it would adjust its production to prevent impact on holiday orders. The cost impact of the COVID controls, including offering bonuses to retain workers, will be short term and Foxconn has been working with the government to resume normal production as soon as possible, Foxconn Chairman Liu Young-way said.
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China Lashes Out Against New US Chip Export Rules Aimed at Hobbling Its Semiconductor Industry
China has lashed out at the newly announced US export controls that are aimed at making it difficult for the semiconductor industry in China to gain access to or manufacture advanced, high-performance computing chips and semiconductor manufacturing equipment. The US also announced license requirements for items that would be used in a supercomputer...
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Apple Reportedly Asks Suppliers to Shift Some AirPods, Beats Production to India: All Details
Apple has reportedly asked its suppliers Foxconn and Luxshare Precision Industry, to move some AirPods and Beats headphone production to India for the first time. According to a Nikkei report, Foxconn is preparing to make Beats headphones in India, followed by AirPods, while the Luxshare is focusing more on its Vietnamese AirPods operations for now...
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Qualcomm Automotive Future Business Increases to $30 Billion With Snapdragon Digital Chassis Product: Details
Qualcomm revealed on Thursday that its automotive future business had expanded to $30 billion (roughly Rs. 2,42,770 crore), thanks to the chipmaker's Snapdragon Digital Chassis product used by car makers and their suppliers. Chips or semiconductors for the automotive industry are in demand as vehicle manufacturers have increased the number of auton...
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CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China
The CHIPS Act was passed by the US Senate on Wednesday, with a rare bipartisan vote. The act is aimed at boosting companies in the US to compete with China, while attempting to reduce the ongoing component shortage affecting the industry. The CHIPS Act will provide for about $52 billion (roughly Rs. 4,14,754 crore) in government subsidies for US se...
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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
China's Geologists Unearth Valuable Niobium Ore In Inner Mongolia
Scientists say that the newly discovered ore containing the rare metal niobium could revolutionize battery innovation.
-
Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report
Huawei Technologies is reportedly building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned.
-
China Says Its New Measures to Regulate Generative AI Will Apply Only to Products for the Public
China published measures on Thursday to manage its booming generative artificial intelligence (AI) industry, softening its tone from an earlier draft, and said regulators would seek to support development of the technology.
-
Taiwanese Technology Giants Look to Relocate Production Bases to India in Move Away From China
Leading Taiwanese technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market, top policymakers in the Taiwan government have said, amid the self-governed island's increasingly tense relations with China.
-
Apple Supplier Foxconn Says AI Applications Will Drive Demand for Its Server Business
Apple supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
-
With $2.45 Billion Investment in India, Can Hyundai Challenge China's EV Dominance?
SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian carmaker is ramping up its production capabilities as it aims to become one of the world's top three electric vehicle manufacturers by 2030.
-
Apple Wants to Raise India’s iPhone Production Share to 25 Percent, Says Piyush Goyal
Commerce and Industry Minister Piyush Goyal said on Monday that Apple wants India to account for up to 25 percent of its iPhone production. Goyal did not say when Apple wants to meet the target. Cupertino, California-based Apple has bet big on India since it began iPhone assembly in the country in 2017 via Wistron and later with Foxconn.
-
iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
-
Foxconn's Troubles Mount, Over 20,000 Leave China iPhone Plant: Report
The company could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when the factory's worker troubles started in late October, the source said.
-
Foxconn Expects Revenue to Fall in Q4 2022, to Adjust iPhone Production to Avoid Impact on Holiday Demand
iPhone assembler Foxconn on Thursday said it would adjust its production to prevent impact on holiday orders. The cost impact of the COVID controls, including offering bonuses to retain workers, will be short term and Foxconn has been working with the government to resume normal production as soon as possible, Foxconn Chairman Liu Young-way said.
-
China Lashes Out Against New US Chip Export Rules Aimed at Hobbling Its Semiconductor Industry
China has lashed out at the newly announced US export controls that are aimed at making it difficult for the semiconductor industry in China to gain access to or manufacture advanced, high-performance computing chips and semiconductor manufacturing equipment. The US also announced license requirements for items that would be used in a supercomputer...
-
Apple Reportedly Asks Suppliers to Shift Some AirPods, Beats Production to India: All Details
Apple has reportedly asked its suppliers Foxconn and Luxshare Precision Industry, to move some AirPods and Beats headphone production to India for the first time. According to a Nikkei report, Foxconn is preparing to make Beats headphones in India, followed by AirPods, while the Luxshare is focusing more on its Vietnamese AirPods operations for now...
-
Qualcomm Automotive Future Business Increases to $30 Billion With Snapdragon Digital Chassis Product: Details
Qualcomm revealed on Thursday that its automotive future business had expanded to $30 billion (roughly Rs. 2,42,770 crore), thanks to the chipmaker's Snapdragon Digital Chassis product used by car makers and their suppliers. Chips or semiconductors for the automotive industry are in demand as vehicle manufacturers have increased the number of auton...
-
CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China
The CHIPS Act was passed by the US Senate on Wednesday, with a rare bipartisan vote. The act is aimed at boosting companies in the US to compete with China, while attempting to reduce the ongoing component shortage affecting the industry. The CHIPS Act will provide for about $52 billion (roughly Rs. 4,14,754 crore) in government subsidies for US se...
