MIC Electronics Ltd has signed a Memorandum of Understanding with Singapore-based Top2 PTE Ltd to identify and finalise a semiconductor fabrication partner from Taiwan. The companies plan to explore the feasibility of starting semiconductor wafer production in India with a proposed monthly capacity of 25,000 to 30,000 wafers, subject to negotiations and regulatory approvals. Alongside […]
Delta Electronics India has commenced the expansion of its manufacturing facility in Krishnagiri, Tamil Nadu. The expansion includes the addition of two factory buildings and the launch of a smart manufacturing line. The site, spread across 95 acres, employs more than 3,800 people and currently houses four large-scale factory buildings. The new facilities will increase […]
Foxconn has commenced production of the iPhone 17 at its new facility in Devanahalli, Bengaluru. Opened in August 2025, this plant is Foxconn’s second-largest unit outside China, established with an investment of approximately USD 2.8 billion (about INR 250 billion). The Bengaluru facility supplements iPhone 17 production already underway at Foxconn’s Chennai unit. Situated within […]
Pavna Industries Limited has entered into a joint venture agreement with Taiwan-based SmartChip Microelectronic Corporation (SMC) to develop electronic lock systems and electric vehicle (EV) components. Pavna will hold an 80 percent equity stake in the venture, while SMC will hold 20 percent. Under the agreement, Pavna will provide operational, manufacturing, and procurement expertise and […]
Hon Hai Precision Industry Co., an electronics manufacturer also known as Foxconn, has received regulatory clearance from Taiwan’s Ministry of Economic Affairs (MOEA) to invest approximately USD 1.49 billion in India through its Singapore-based subsidiary, Foxconn Singapore Pte. Ltd. The investment will be routed to Yuzhan Technology (India) Private Ltd., a company established to set […]
Foxconn, a manufacturer of of electronic components and consumer products, is planning to set up an iPhone enclosure manufacturing facility in Oragadam, Tamil Nadu, according to a report by The Economic Times. The proposed unit will be located within the ESR Industrial Park, near Foxconn’s upcoming display module assembly plant, which is nearing completion. Until now, […]
Hon Hai Precision Industry Co. has invested approximately USD 1.5 billion into its India operations as part of a long-term investment strategy to expand iPhone production capabilities. The investment, executed through subsidiary Foxconn Singapore Pte Ltd, involved the acquisition of shares in Yuzhan Technology (India) Private Limited and a significant capital increase. The investment comes […]
Nippon Seiki and Emerging Display Technologies Corporation (EDT) have signed an agreement to establish a joint venture in India for the manufacture of automotive Thin-Film Transistor Liquid Crystal Display (TFT LCD) modules. The new entity, EDT-India Private Limited, will be based in Sri City Industrial Park, Andhra Pradesh, with construction of the manufacturing facility set […]
The Union Cabinet has approved the establishment of a semiconductor manufacturing unit near Jewar airport in Uttar Pradesh. The project is a joint venture between HCL and Foxconn and is expected to attract an investment of INR 37 billion. The facility will focus on manufacturing display driver chips used in devices such as mobile phones, […]
Dixon Technologies (India) Limited has entered into a joint venture agreement with Taiwan-based Inventec Corporation to manufacture notebook PCs, desktop PCs, components, and servers in India. The newly formed entity, Dixon IT Devices Private Limited, will be held 60% by Dixon and 40% by Inventec. The JV has not yet commenced business operations, and its […]