PLI scheme: Mobile makers will find it a tough call to meet the target for 2022, too
They face supply-chain disruptions amid the global shortage in semiconductors
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They face supply-chain disruptions amid the global shortage in semiconductors
April 12, 2021 They face supply chain disruptions amid the global shortage in semiconductors Owing to pandemic-related challenges and supply chain disruptions amid the global shortage in semiconductors, mobile phone-makers under the production-linked incentive (PLI) scheme are finding it challenging to meet the scheme’s targets for 2022 as well after having already missed the 2021 targets. “The situation is very stressful at the moment for mobile manufacturers,” SN Rai, owner of Lava International Ltd, told BusinessLine. When asked if Lava is confident of meeting the targets this year,...
No job losses in India due to mobile biz exit: LG April 05, 2021 In India, 85 per cent of the smartphone market is dominated by five players, four out of these being Chinese brands - KIM HONG-JI In India, 85 per cent of the smartphone market is dominated by five players, four out of these being Chinese brands - KIM HONG-JI× Says can retain talent with its vast product range; maintains silence on plant closure South Korea’s LG Electronics’ decision to exit the competitive mobile phone sector will not lead to job losses in India as LG India has decided to internally absorb the em...
Image by OpenClipart-Vectors from Pixabay The Asia-Pacific market, including Japan, saw very little movement of the traditional PC market in 2020, the technology analyst firm IDC says, adding that there was only a 0.3% increase year-on-year to take the total units shipped to 103.8 million. Desktops, workstations and notebooks come within IDC's definition of traditional PCs. The company said shipments were expected to grown by 8% in 2021 due to the strong demand and easing in supply shortages. The year of the pandemic was good for only one section of the traditional PC market: notebooks. Sh...
Made-in-India iPhone 12 doesn't mean lower costs While there is no duty levied on CKD units, duties are levied on imports of parts which vary with components. Effectively the duty still comes to 10-12 per cent even if the brand is manufacturing in the country Nidhi Singal | March 12, 2021 | Updated 01:17 IST Apple iPhone 12 India being an important and maturing market for Apple, the company has now started manufacturing iPhone 12 in India. But while domestic manufacturing might help Apple offer aggressive price later this year, there isn't going to be any immediate cost-benefit that will be ...