Since Renesas has already made advance payments under the contract, it risks a financial setback besides supply disruptions. CG Power's OSAT facility, which was betting on demand from Renesas, may face headwinds as a result, experts explained.
Chinese partners in existing JVs, which need government clearance, are wary of this impacting operations that began before Operation Sindoor, which followed the Kashmir terrorist attack. On Monday, a top executive at a leading Indian electronics contract manufacturer rushed to meet his Chinese partners.
As Apple looks beyond China for manufacturing, Tata has fast emerged as its key supplier and already assembles iPhones for local and foreign markets at three facilities in south India, with one of them also making some iPhone components.
According to a gazette notification issued by the Ministry of Commerce and Industry, the minimum land requirement for factories in SEZs exclusively meant for making semiconductors or electronic components has been reduced to 10 hectares from 50 hectares required earlier.
The grants, while signed, had only just begun to be disbursed by the time Biden left office. The details of those plans are not public but the money is meant to be disbursed as companies make progress toward their pledged plant expansions.
The downgrade signals challenges for manufacturers that already face weakening sales amid heightened geopolitical tensions and escalating tariff disputes.
In December 2024, the companies said 4 million smart electric meters using Wirepas Mesh software had been deployed in India, built on the sub-GHz FG13 and FG23 platforms, helping the country meet the goals of its Advanced Metering Infrastructure (AMI) initiative.
But the reality is that Trump’s nagging will never be able to recreate the ecosystem that local governments in China, with the help of Taiwanese suppliers such as Hon Hai Precision Industry Co., created to lure Apple.
The Central government, earlier this year, notified the electronics components manufacturing scheme (ECMS) with an outlay of over ₹23,000-crore.
Broadcom's networking chips have gained increased importance because of AI. When constructing the necessary data centers for AI applications, infrastructure builders must string together hundreds or thousands of chips.
According to Counterpoint Research, Oppo's shipments from its Noida factory fell 34% on-year in 2024 due to the increasing contribution of outsourced manufacturing by Dixon Technologies and Bhagwati Products.
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