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Factory to the World?- Business News

Photograph by Rajwant Rawat On March 10, the $274 billion, Cupertino, California-based Apple Inc. announced it is starting production of the 5G-compatible iPhone 12 in India. It appeared like a routine announcement. After all, Apple has been assembling older generation iPhones in India through contract manufacturers since 2017. It wasn t. It might have been a small step for Apple but was a giant leap for Indian manufacturing. India s new Production Linked Incentive (PLI) Scheme to reduce import dependence and promote local manufacturing had lured three of Apple s Taiwanese original equipment manufacturers - Foxconnn Hon Hai, Wistron and Pegatron - to pump in millions of dollars to expand Indian facilities. They will move a step up from assembling imported parts here to making or sourcing more components locally. Like Apple, about 70 firms have shown interest in availing the PLI Scheme to set up manufacturing facilities in three key sectors: mobile and electronic components; pharma

ericsson: Nokia, Ericsson, Samsung, Ciena, Foxconn keen to set up manufacturing base in India under PLI

Nokia, Ericsson, Samsung, Ciena, Foxconn keen to set up manufacturing base in India under PLI Indian manufacturers like VVDN Technologies (Gurugram), Dixon (Noida), HFCL, Coral Telecom and Sterlite have also shown interest in the Rs 12,195 crores scheme, that was notified in February, 2021.PTI | Apr 8, 2021, 09:53AM IST New Delhi: The government on Wednesday said firms such as Ericsson and Nokia are keen to expand their operations in India, and global companies like Samsung, Cisco, Ciena and Foxconn have shown interest to set up manufacturing base in the country for telecom and networking products for domestic and export markets. Most of the global industry leaders are keen to expand or set up manufacturing base in India and are positive about the kind of incentives proposed under the Production-Linked Incentive (PLI) scheme, said an official release outlining the status of the ambitious scheme for telecom and networking products that seeks to position India as a global hub

Virtual Customer Premises Equipment (V-CPE) Market Next Big Thing | Major Giants Cisco Systems, Juniper Networks, IBM

Virtual Customer Premises Equipment (V-CPE) Market Next Big Thing | Major Giants Cisco Systems, Juniper Networks, IBM
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uCloudlink Strengthens Partnership with Shore Access in Asia

uCloudlink Strengthens Partnership with Shore Access in Asia News provided by Share this article Share this article HONG KONG, March 15, 2021 /PRNewswire/  UCLOUDLINK GROUP INC. (NASDAQ: UCL, uCloudlink ), the world s first and leading mobile data traffic sharing marketplace, has signed a distribution contract with Shore-Access Marine Consultancy Co., Ltd. ( Shore Access ), an international communication service provider based in the Philippines, to distribute its products and connectivity services in Philippines, Japan, Australia and Africa. The alliance will increase uCloudlink s sales and distribution channels in these markets, while expanding its partner ecosystem and paving the way for limitless business opportunities. Shore Access is already a global distributor of uCloudlink s flagship GlocalMe® device, which offers reliable, high-speed mobile data solutions for international and domestic travelers. As part of the expanded partnership, Shore Access will also distribut

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