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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. ...
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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...
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Earlier, Reuters reported that contract manufacturer Pegatron was in talks to sell its sole iPhone assembly plant in India to Tata Group, and discussions were in advanced stages. Regarding this matter, Pegatron told CNA reporters that this report was speculative and lacked evidence, declining to com...
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The semiconductor supply chain is accelerating its globalization strategy. On February 29th, PSMC announced its collaboration with Tata Electronics in India to construct the country's first 12-inch fab in Dholera, Gujarat. The construction of the fab is expected to commence within this year. Acco...
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According to a report from Bloomberg, sources reveal that Israeli firm Tower Semiconductor has proposed a USD 9 billion investment to establish a plant, while India's Tata Group has proposed an USD 8 billion fab. Sources further indicate that both proposed locations for these projects are in the s...