Google plans to partner with Foxconn and Dixon Technologies to make Pixel smartphones in India. India s local companies continue to foray into the chipmaking business.
Amid the investment hype among India-based companies in the semiconductor field, Kaynes Technologies said its OSAT project witnessed delays due to the ongoing elections in India, with initial production planned for one or two years from now.
Kaynes Technologies shares have surged over 40% in the past three trading sessions on the BSE following the company s robust performance in the January-March quarter. Today, the stock saw a further spike of 12%, reaching a 52-week high of Rs 3,638.4. In Q4 FY24, Kaynes Tech reported a significant increase in consolidated net profit, soaring by 96.8% year-on-year (YoY) to Rs 813 crore.