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Cabinet Clears ₹3,706 Crore HCL-Foxconn Chip Plant In UP's Jewar
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
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Apple Aims to Build Most iPhones for US in India by End of 2026
Apple is seeking to import most of the iPhones it sells in the US from India by the end of next year. The plans are the latest sign of Apple and its suppliers accelerating a pivot away from China, a process that began when harsh Covid lockdowns hurt production at its largest plant.
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Google Pixel Production Could Shift From Vietnam to India as Company Seeks to Diversify Supply Chain
Google is reportedly considering shifting Pixel smartphone production from Vietnam to India, and the company has conducted talks with local manufacturing partners Foxconn and Dixon. This move will accelerate Google's plans to expand manufacturing expansion, and company appears to be mitigating potential tariff impacts announced by the US on countri...
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Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
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Apple Assembled 14 Per Cent Of Global iPhones In India In FY24: Economic Survey
Foxconn has started production of Apple mobile phones in Karnataka and Tamil Nadu.
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Google Pixel Smartphones Manufactured in India to be Exported to Europe, US: Report
Google Pixel smartphones that are manufactured in India will also be exported to Europe and the US, according to a report. The company is expected to unveil the Google Pixel 9 series on August 13. A percentage of these devices that will be made available in Europe will be made in India, as per the report. Two different manufacturing companies are s...
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IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race, Documents Show
The government must "act fast" to lure global companies with lower tariffs and risks losing out to China and Vietnam as it seeks to become a major smartphone export hub according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The government is attracting several companies such as Apple, Foxconn and Samsung to manufacture their de...
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Apple to Develop iPhone 17 in India by 2024, Up Proportion of Locally Made Phones to 25 Percent: Ming-Chi Kuo
Apple is planning on scaling down iPhone production in China and ramping up assembly of iPhone models in India, according to TF Securities International analyst Ming-Chi Kuo. In a new blog post, the analyst also states that the company will start the new product introduction (NPI) process for the iPhone 17 in India, during the second half of 2024.
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Foxconn Signs Rs 1,600 Crore Deal To Set Up Plant In Tamil Nadu
The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.
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Vedanta Assures Investors Are Lined Up as Foxconn Withdraws From $19 Billion Deal
Taiwan's Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal's Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. In a statement, Foxconn, the world's largest contract electronics maker, said it "has determined it will not move fo...
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Google Looking for Pixel Phone Assemblers in India, in Early Talks With Lava, Dixon, and Foxconn
Alphabet’s Google is scouting for suppliers in India to assemble its Pixel smartphones as it borrows from Apple’s playbook to diversify beyond China. Google has initiated early conversations with companies including homegrown Lava International and Dixon Technologies India as well as Foxconn Technology Group’s Indian unit Bharat FIH.
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Vedanta's Semiconductor Unit in Gujarat to Be Headed by David Reed; to Manufacture Chips for Phones, Laptops
Anil Agarwal-led Vedanta on Monday named industry veteran David Reed to head its semiconductor unit where it is looking to invest $20 billion (nearly Rs. 1,65,600 crore) to manufacture chips essential for mobile phones to laptops and TV sets. In an interview with PTI, Agarwal said the group is looking to start manufacturing semiconductors at Dhol...
-
Foxconn India, Padget Electronics Sops Under Production-Linked Incentive Scheme Approved by Government
Foxconn Hon Hai Technology India Mega Development and homegrown firm Padget Electronics will receive incentives from the government under the production-linked incentive (PLI) scheme for the manufacturing of smartphones in India. The government has approved incentives for the foreign and domestic firm, according to a statement from Niti Aayog relea...
-
Apple Said to Plan to Move Some iPhone Production Out of China After Violent Protests at Foxconn Plant
Apple is reportedly accelerating its plans to move iPhone production out of China, to other countries like India and Vietnam. The Cupertino company is said to be looking to reduce its dependence on Taiwanese assemblers such as Foxconn. Last month, Foxconn's iPhone assembly plant in Zhengzhou was rocked by violent protests over a pay dispute, affect...
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Foxconn Increases Wages, Gives Workers Bonuses to Staff to Quell Discontent Over COVID Curbs: Report
Foxconn has reportedly increased wages for workers at its Zhengzhou plant in central China, as part of the Apple supplier's attempts to cut down on employee discontent over the government's COVID restrictions. Meanwhile, staff who have attended work as normal since October 19 and complied with virus prevention measures are also being given a daily ...
-
Cabinet Clears ₹3,706 Crore HCL-Foxconn Chip Plant In UP's Jewar
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
-
Apple Aims to Build Most iPhones for US in India by End of 2026
Apple is seeking to import most of the iPhones it sells in the US from India by the end of next year. The plans are the latest sign of Apple and its suppliers accelerating a pivot away from China, a process that began when harsh Covid lockdowns hurt production at its largest plant.
-
Google Pixel Production Could Shift From Vietnam to India as Company Seeks to Diversify Supply Chain
Google is reportedly considering shifting Pixel smartphone production from Vietnam to India, and the company has conducted talks with local manufacturing partners Foxconn and Dixon. This move will accelerate Google's plans to expand manufacturing expansion, and company appears to be mitigating potential tariff impacts announced by the US on countri...
-
Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
-
Apple Assembled 14 Per Cent Of Global iPhones In India In FY24: Economic Survey
Foxconn has started production of Apple mobile phones in Karnataka and Tamil Nadu.
-
Google Pixel Smartphones Manufactured in India to be Exported to Europe, US: Report
Google Pixel smartphones that are manufactured in India will also be exported to Europe and the US, according to a report. The company is expected to unveil the Google Pixel 9 series on August 13. A percentage of these devices that will be made available in Europe will be made in India, as per the report. Two different manufacturing companies are s...
-
IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race, Documents Show
The government must "act fast" to lure global companies with lower tariffs and risks losing out to China and Vietnam as it seeks to become a major smartphone export hub according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The government is attracting several companies such as Apple, Foxconn and Samsung to manufacture their de...
-
Apple to Develop iPhone 17 in India by 2024, Up Proportion of Locally Made Phones to 25 Percent: Ming-Chi Kuo
Apple is planning on scaling down iPhone production in China and ramping up assembly of iPhone models in India, according to TF Securities International analyst Ming-Chi Kuo. In a new blog post, the analyst also states that the company will start the new product introduction (NPI) process for the iPhone 17 in India, during the second half of 2024.
-
Foxconn Signs Rs 1,600 Crore Deal To Set Up Plant In Tamil Nadu
The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.
-
Vedanta Assures Investors Are Lined Up as Foxconn Withdraws From $19 Billion Deal
Taiwan's Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal's Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. In a statement, Foxconn, the world's largest contract electronics maker, said it "has determined it will not move fo...
-
Google Looking for Pixel Phone Assemblers in India, in Early Talks With Lava, Dixon, and Foxconn
Alphabet’s Google is scouting for suppliers in India to assemble its Pixel smartphones as it borrows from Apple’s playbook to diversify beyond China. Google has initiated early conversations with companies including homegrown Lava International and Dixon Technologies India as well as Foxconn Technology Group’s Indian unit Bharat FIH.
-
Vedanta's Semiconductor Unit in Gujarat to Be Headed by David Reed; to Manufacture Chips for Phones, Laptops
Anil Agarwal-led Vedanta on Monday named industry veteran David Reed to head its semiconductor unit where it is looking to invest $20 billion (nearly Rs. 1,65,600 crore) to manufacture chips essential for mobile phones to laptops and TV sets. In an interview with PTI, Agarwal said the group is looking to start manufacturing semiconductors at Dhol...
-
Foxconn India, Padget Electronics Sops Under Production-Linked Incentive Scheme Approved by Government
Foxconn Hon Hai Technology India Mega Development and homegrown firm Padget Electronics will receive incentives from the government under the production-linked incentive (PLI) scheme for the manufacturing of smartphones in India. The government has approved incentives for the foreign and domestic firm, according to a statement from Niti Aayog relea...
-
Apple Said to Plan to Move Some iPhone Production Out of China After Violent Protests at Foxconn Plant
Apple is reportedly accelerating its plans to move iPhone production out of China, to other countries like India and Vietnam. The Cupertino company is said to be looking to reduce its dependence on Taiwanese assemblers such as Foxconn. Last month, Foxconn's iPhone assembly plant in Zhengzhou was rocked by violent protests over a pay dispute, affect...
-
Foxconn Increases Wages, Gives Workers Bonuses to Staff to Quell Discontent Over COVID Curbs: Report
Foxconn has reportedly increased wages for workers at its Zhengzhou plant in central China, as part of the Apple supplier's attempts to cut down on employee discontent over the government's COVID restrictions. Meanwhile, staff who have attended work as normal since October 19 and complied with virus prevention measures are also being given a daily ...
