According to a report from Economic Daily News, on the evening of August 21st, Foxconn announced plans to expand its investments, increasing capital in its subsidiaries located in the U.S., Mexico, India, and Europe. The total investment amounts to roughly USD 840 million. First, Foxconn announc...

As global competition heats up in the AI sector, an emerging power has now joining the battlefield. Ola, an automotive manufacturer in India, plans to launch the country’s first in-house AI chip by 2026, which is based on ARM architecture, according to a report by Wccftech. Though there are mor...

Amid Apple's intention to reduce its dependence on China and promote India as another major iPhone production hub, Indian financial media outlet Moneycontrol has revealed in a report that Apple will manufacture the iPhone 16 Pro series in India, marking the company's first production of high-end mod...

According to a report from global media Reuters, the Indian software company Zoho plans to invest USD 700 million in the chip manufacturing sector. Founded in 1996 and currently headquartered in Tamil Nadu, India, Zoho provides software and related services to businesses across 150 countries. ...

In a bid to reduce dependence on China, Apple significantly expanded its production volume in India, doubling iPhone production last year. Foxconn, which holds the largest share in iPhone assembly, accounted for a substantial 67% of this increased production. Bloomberg reported on April 10th that...