market insights
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Ford to Launch Hybrid, EV and ICE Production at Chennai Plant Ford’s expanded vision for the Chennai facility hints at long-term investment in India, as the plant will create job opportunity, skill development and potential local market introduction once the demand for hybrids and EVs strengthens in India.
Ford is set to make a fresh start at its Chennai manufacturing plant, aiming to balance hybrid, electric and internal combustion… |
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Roadmap on Innovation and Technology: India-Germany Semiconductor Partnership The leaders discussed expanding the skilled migration initiatives for Indian professionals, with Germany recognizing India as a key source for skilled labor. Both nations committed to simplifying migration processes, aiming to fulfill Germany's need for skilled talent and further strengthening India-Germany partnership.
7th India-Germany Inter-Governmental Consultations (… |
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Modi-Xi Meeting Marks Positive Turn for Chinese EV Makers in India India’s EV industry has substantial growth potential, with EVs currently comprising just 2% of passenger vehicles sold. Market forecasts predict a rise to 15-20% by 2030. However, S&P Global Mobility recently adjusted its forecast for EV penetration to 19% from the earlier 22% due to slower-than-expected adoption. … |
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NVIDIA Collaborates with India to Boost Global AI Positioning According to a recent study by Boston Consulting Group, India is home to 19% of the world's chip designers. With NVIDIA’s partnerships, significant growth opportunities in AI and data centers are emerging. NVIDIA's AI Summit in Mumbai from October 23-25 at the Jio World Convention Centre, promises to be an… |
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Space Radiation’s Impact on Semiconductors: Insights from an Expert Understanding the long-term effects of Total Ionizing Dose (TID) on semiconductor reliability is crucial for developing future electronics capable of operating in extreme environments, enhancing overall mission success in space exploration.
NASA's $5.2 billion Europa Clipper mission launched on October 14, 2023 is designed to explore… |
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Electric Vehicle Battery Prices Expected to Drop Nearly 50% by 2026, Bringing Cost Balance with Petrol-powered Cars Electric vehicle battery prices are likely to decline by nearly 50% by 2026, driven by technological advancements and falling metal costs. This significant reduction could make the overall cost of owning an EV comparable to that of petrol or diesel-powered cars.
Electric vehicle (EV) battery prices are expected to fall by almost 50% by 2026,… |
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Building Chips in America Act: U.S. Accelerates National Semiconductor Manufacturing On October 2, 2024, President Joe Biden signed the Building Chips in America Act, which allows certain semiconductor projects to bypass lengthy environmental reviews by NEPA. This aims to boost U.S. semiconductor production, address critical delays and reduce reliance on foreign suppliers, while sparking concerns about environmental protections and public health.… |
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Vietnam Aims for 3 Semiconductor Plants and 20 Packaging Centers by 2050 Vietnam has launched an ambitious strategy to establish over 20 semiconductor facilities by 2050, aiming to become a global semiconductor leader. The plan focuses on building manufacturing plants, packaging facilities and developing specialized chips, while overcoming challenges like power shortages and attracting skilled talent to drive industry growth. … |
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Transforming India's Semiconductor Landscape: Ashwini Vaishnaw on 25+ Approved Initiatives Driving Memory Chips, SoC Designs and a Robust Policy Framework Union Minister Ashwini Vaishnaw highlights India's rapid rise as a global semiconductor hub, driven by strong government initiatives, a skilled workforce and advancing manufacturing capabilities. Key projects, including Micron’s facility, are set to begin production by 2025, strengthening India’s leadership in chip design and innovation.
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Global Semiconductor Sales Hit $51.3B, fueled by AI Demand and Regional Growth Global semiconductor sales reached $51.3 billion in August 2024, a 20.6% year-over-year rise, driven by strong demand in AI, cloud computing and automotive sectors, marking sustained industry growth.
Global semiconductor sales reached an unprecedented $51.3 billion in August 2024, marking a 20.6% year-over-year… |
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The Global Foundry Industry’s Revenue Declined 5% QoQ. Find Out Why? SMIC achieved No. 3 spot in Q1 2024 foundry revenue, driven by China’s demand recovery in CIS, PMIC, IoT, and DDIC applications. The global foundry industry’s revenue declined about 5% QoQ but grew 12% YoY in Q1 2024, claims global researchers. The sequential decline in the industry revenue in Q1 2024 was not solely due to seasonal… |
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Why India Must Have a Resilient Supply Chain to Grow Electronics Industry Globally, Highlights Experts
Around 40-50 percent of the bill of materials in mobile phones assembled in the country is imported largely from China.
With the help of latest technology and with the economies of scale, the Chinese firms have the ability to scale-up India’s domestic supply chain.
The geopolitical scuffles coupled with the pandemic have threatened international financial security… |
