Apple supplier Foxconn seems to be eyeing to expand its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn’s…
Apple is planning to increase the proportion of iPhone units produced in India, according to details shared by TF Securities International analyst Ming-Chi Kuo. In a new blog post on Thursday, the analyst states that the Cupertino company is also working on developing the iPhone 17 — expected to launch…
iPhone 15 series including iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max hit the stores on Friday (September 22) in India and other countries. For the first time, the Cupertino-based company made the India-built iPhone 15 models available in the country and other parts of the…
Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years….
Top officials of Foxconn Industrial Internet (FII), the subsidiary of Taiwan-based Hon Hai Technology Group, popularly known as ‘Foxconn‘ called on Chief Minister M K Stalin and discussed “investment opportunities” in Tamil Nadu, sources said on Wednesday. Foxconn Industrial Internet, is a leading global total solution provider for smart manufacturing…
Anil Agarwal-led Vedanta Group will acquire 100 percent stake in semiconductor and display units from sister concern Twin Star Technologies, the conglomerate said on Friday. Twin Star Technologies is a wholly-owned subsidiary of Volcan Investments Limited which is the ultimate holding company of Vedanta Limited. The new structure will make…
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. Deputy Minister for Taiwan’s National Development Kao Shien-Quey said there is…
Foxconn is set to invest about $250 million (nearly Rs. 20,500 crore) in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world’s largest contract electronics assembler and local authorities said on Friday. The move confirms Foxconn’s global plans to become a player…
A planned $3 billion (roughly Rs. 24,700 crore) semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner has been stalled due to the company’s ongoing takeover by Intel, three sources said, dashing India’s chip making plans. A second mega $19.5 billion (roughly…
Some applicants including Vedanta Foxconn JV are expected to re-apply for government incentives under the modified semiconductor scheme opening from June 1, according to sources. Under the Modified Semicon India Programme, the government has increased the financial incentive of 50 percent of the project cost for companies, consortia, joint ventures…
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