India


2023-12-25

[News] Interim CEO and CFO of Vivo India Company, Among Other Executives, Arrested

Recently, as Indian media cited anonymous sources, that the Indian law enforcement agency arrested three executives of Vivo India Company on charges of alleged involvement in a money laundering case. As per The Times of India, the individuals arrested by the Indian law enforcement agency in this...

2023-12-13

[Insights] The Battery Supply for iPhone 16 Might Come from India, with Safety Remaining the Top Priority

According to a news report from Financial Times, Apple has reportedly informed its supply chain, including battery suppliers such as China's Desay Corporation and Taiwan's Simplo Technology, of its inclination to shift the battery supply for the iPhone 16 to India. Apple is encouraging suppliers to ...

2023-12-08

[News] Tata Group Plans to Build New iPhone Assembly Plant in India, Aligning with Apple’s Localization Strategy for the Supply Chain

Apple's iPhone is gaining even more popularity in India, with Tata Group, India's conglomerate, reportedly preparing to build a new iPhone assembly plant. According to Bloomberg, this move aligns with Apple's broader manufacturing strategy expansion in India. Previously reported by TrendForce, Ap...

2023-12-01

[News] Global Semiconductor Giants Eyeing India, Anticipating Three New Fabs Valued at USD 8-12 Billion

India could see at least three more semiconductor fabrication units coming up in the next few months with cumulative investments to the tune of USD 8-12 billion, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Tuesday. India is working hard to get big semiconduc...

2023-11-28

[News] Foxconn Invests Over USD 1.5 Billion in Expansive Production in India, Creating a New Hub for iPhone Manufacturing

Foxconn has announced plans to invest over USD 1.5 billion in expanding its facilities in India. This substantial investment, a rarity in recent years, has sparked speculation that Foxconn is preparing for the introduction of new iPhone products in India. Due to reports suggesting that in the sec...

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