India is currently the second top manufacturer of smartphones in the world and quickly catching up to first-place, China. Samsung is slowly closing manufacturing shops in China and opening new ones in India. And, Apple is next in line to do so. In fact, Foxconn — one of the largest contract maker of electronics, including…

Fifty-six corporations moved production facilities out of China between April 2018 and August 2019. However, only three of those companies relocated to India and two set-up manufacturing facilities in Indonesia. According to a report by Nomura, a Japanese financial organization, the majority moved to Vietnam and a good portion went to Taiwan and Thailand. One…

Consumer electronics startup, boAt, received INR 16 Cr (about USD2 Mn) in debt financing from investment lending firm, InnoVen Capital. The startup also recently acquired USD2.9 Mn in venture debt from Sachin Bansal’s BAC Acquisitions. Founded by Aman Gupta and Sameer Mehta in 2016, boAt is a technology company that manufactures electronics products in India…

One of India’s most comprehensive software exporters, Tata Consultancy Services (TCS), recently launched a new robotic process automation (RPA) solution for greater accuracy and reliability in chip fabrication. RPA will also help semiconductor businesses with digital transformation. TCS has set up a unique Semiconductor Centre of Excellence (CoE) to design closed-loop systems that connect analytics…

Kerala, India may not be central to the country’s top startup companies, and may even trail Karnataka, Maharashtra, and Delhi, in funding. However, it is ahead of the curve for startups in relation to government accelerator, incubator, and mentorship programs. Kerala also offers impressive financing tools and grants for R&D, which has launched many ideas.…

The electronic manufacturing services (EMS) business is expected to reach USD 847.10 billion by 2025. Demand for smart devices, energy-efficient electronics, and new partnerships between OEMs and manufacturers are affecting the industry. Additionally, new electronic devices and smart materials — such as for medical devices, aerospace, and telecommunications — are driving the EMS market forward.…

Consumer electronics manufacturer from South Korea, LG is anticipating a Rs 2,000-crore business below its business-to-business (B2B) segment this year while maintaining a 30 percent year-on-year growth, a company official stated. LG Electronics India’s B2B sector, which has been reinstated as Business Solutions, now contributes approximately 10 percent to the company’s total profit. The Business…

According to the research firm, MarketsAndMarkets, the Indian semiconductor market is forecast at USD 32.35 Bn by 2025 — growing at a CAGR of 10.1 percent between 2018 and 2025. The country is currently developing its domestic electronics system design manufacturing (ESDM) industry, with a base of more than 120 companies. About 2,000 chips are…

IESA seeks chips for various products such as smartcards, energy meters, LED lighting, rural broadband, and IoT incorporations in various sectors. The new accelerator is also looking to build a local station of semiconductor startups that can devise chips for India-specific necessities. The aim is to incubate three or four startups in 2019. India is…

According to research by MarketsAndMarkets, the Indian semiconductor market’s worth is forecast at USD 32.35 Bn by 2025 — growing at a CAGR of 10.1 percent between 2018 and 2025. India is currently developing an electronics system design manufacturing (ESDM) industry, with a base of more than 120 units. About 2,000 chips are designed every…

India has been taking slow and conditional steps towards indigenous chip design for the last few years and considers local chip development as a strategic requirement. Numerous attempts were made in the past to develop a semiconductor manufacturing ecosystem, including discussions with leading chip manufacturers TSMC and AMD around setting up a fab plant in…

The global semiconductor industry is forecast to slow down and decrease in size this year. According to a recent survey by Gartner, respondents predicted that chip revenue will decline to be about 2.6 percent in 2019. However, there is good news. The industry is expected to bounce back to 8.1 percent growth in 2020, proceeded…

India’s most comprehensive software exporter Tata Consultancy Services (TCS) recently propelled new Robotic Process Automation (RPA) solutions to stimulate greater accuracy and better condition in chip fabrication and help semiconductor businesses with digital transformation. TCS has set up a unique Semiconductor Centre of Excellence (CoE) to design and create closed-loop systems that connect the power…

Japanese consumer electronics brand Aiwa is all set to start offering Premium SMART 4K Ultra High Definition LED TVs, wireless headphones, smart home audio systems, and personal audio merchandises. And they have re-entered the Indian market with their array of audiovisual products. “This return to the Indian market is the first step in that direction…

Indian consumer electronics market is anticipated to reach USD 118.4 billion in 2025, as per a new paper by Grand View Research, Inc. Growing disposable income, accelerated urbanization, as well as the introduction of innovative products in the market, is assumed to further contribute to the market growth. The requirement for flat washing machines, refrigerators,…

Huwaei, the second-largest smartphone manufacturer in the world, recently announced that it is partnering with Indian-based consumer electronics business, Micromax. According to the companies, Micromax will develop strategies that benefit the Huawei brand and “gain a stronger foothold in the Indian consumer electronics market.” The Chinese multi-national company, Huwaei, says it’s also proposing a multi-phased…

  The task of supervision of machinery and industrial processes on a routine basis can be an excruciatingly tiresome job. Always being by the side a machine or being on a 24×7 patrol duty around the assembly line equipment checking the temperature levels, water levels, oil level and performing other checks would be considered a…