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Read more about the article Vedanta’s Semiconductor Unit in Gujarat to Be Headed by David Reed

Vedanta’s Semiconductor Unit in Gujarat to Be Headed by David Reed

  • Post published:February 7, 2023

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…

Continue ReadingVedanta’s Semiconductor Unit in Gujarat to Be Headed by David Reed
Read more about the article Piyush Goyal Says Apple Wants to Raise Its iPhone Production in India

Piyush Goyal Says Apple Wants to Raise Its iPhone Production in India

  • Post published:January 23, 2023

Apple wants India to account for up to 25 percent of its production from about 5 percent – 7 percent now, Commerce and Industry Minister Piyush Goyal told a conference…

Continue ReadingPiyush Goyal Says Apple Wants to Raise Its iPhone Production in India
Read more about the article Foxconn Picks New iPhone Business Chief After Tumultuous Year in China

Foxconn Picks New iPhone Business Chief After Tumultuous Year in China

  • Post published:January 17, 2023

Taiwan's Foxconn has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported on Tuesday, citing people familiar with…

Continue ReadingFoxconn Picks New iPhone Business Chief After Tumultuous Year in China
Read more about the article Government Approves Sops for Foxconn, Padget Electronics Under PLI Scheme

Government Approves Sops for Foxconn, Padget Electronics Under PLI Scheme

  • Post published:January 9, 2023

The government has said that it has approved the incentives for two companies — Foxconn India and Padget Electronics — for mobile manufacturing under the production-linked incentive (PLI) scheme for…

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Read more about the article India on Track to Quadruple Mobile Exports This Year: DPIIT Secretary

India on Track to Quadruple Mobile Exports This Year: DPIIT Secretary

  • Post published:January 8, 2023

India's mobile exports so far during the current financial year are worth around Rs 50,000 crore and are expected to quadruple in comparison to that in 2020-21, DPIIT Secretary Anurag…

Continue ReadingIndia on Track to Quadruple Mobile Exports This Year: DPIIT Secretary
Read more about the article iPhone Maker Foxconn Says Output at Its China Plant Is Recovering

iPhone Maker Foxconn Says Output at Its China Plant Is Recovering

  • Post published:January 5, 2023

Foxconn, the world's largest contract electronics maker, said on Thursday output at its iPhone plant in China had "basically returned to normal" and December revenue, down 12.3 percent year-on-year, marked…

Continue ReadingiPhone Maker Foxconn Says Output at Its China Plant Is Recovering