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After years of effort, the first Apple Store is expected to be opened in mid-April in Mumbai, followed by another in Delhi. Apple sees India as the next China in terms of both market and manufacturing significance.
Although the development of private 5G networks for enterprises is still encountering numerous challenges, Taiwan-based IT companies' related deployment has started bearing fruit, while the alliances between telecom carriers and Taiwan-based equipment suppliers are also heading in a positive direction.
Affected by factors like high smartphone penetration rates, inflation, and longer contract terms with telecom service providers, Taiwan's mobile phone market demand has been weak. However, to boost market shares, brands are launching new business strategies for 2023.
Smartphone lens module specialist Largan Precision may see its April shipments fall below the previous month's levels, as orders from its main customers have yet to rise substantially, according to company sources.
Network switch maker Accton Technology kicked off shipments from its new plant in Vietnam in March, enabling the Taiwan-based company to boost revenue substantially.