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Premium products power online sales as mass-market hit by slowdown; ISRO grey cells fuel spacetech startups

Ecommerce sales — excluding smartphones — have surged 24% in Q2. Industry insiders and research firms indicate that the growth in smartphones is driven by premium devices. This and more in todays ETtech Morning Dispatch. ....

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BBCNEWS Asia Business Report June 4, 2024 01:36:00

Notably at the moment, is the order to keep running power plant and the expansion of permits for new coal power plants. so that in theory should mean demand but we will have to see how that plays out as the summer precedes. iphone box con has withdrawn from a semiconductorjoint venture with almost $20 billion. last year the world s biggest contractor electronics maker had signed a pact with india s mining conglomerate stopping the plan was to set up semiconductor and display conduction plans in gujarat but in a statement foxconn said the company will not move forward with a joint venture without explaining why. they say it remains committed to its semiconductor project. ....

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Foxconn to pursue India plan without Vedanta, plans to apply for chip making unit separately

Electronics giant Foxconn plans to apply separately to set up a semiconductor manufacturing unit in India after exiting a joint venture with Vedanta. The move is aimed at taking advantage of incentives offered by the Indian government under its semiconductor manufacturing policy ....

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BBCNEWS World Business Report June 4, 2024 04:49:00

From a $19.5 billion semiconductorjoint venture with the indian conglomerate vedanta. this is a huge setback to prime minister narendra modi s chipmaking plans for india. the world s largest contract electronics maker signed a pact with vedanta last year to set up semiconductor and display production plants in modi s home state of gujarat. let s cross to our asia business hub and monica miller is there. why the change of mind 41? they did not really why the change of mind 41? they did not really say why the change of mind 41? they did not really say but why the change of mind 41? they did not really say but as - why the change of mind 41? tue: did not really say but as you said it is a major setback the prime list has made ship making a top priority for india s economic energy in pursuit of what they say is a new era of electronics mating. it does not get much bigger than foxconn which makes to 70% of apple iphones. india estimates at semiconductor market could be worth $68 billi ....

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Foxconn Withdraws From $19 Billion Joint Venture With India's Vedanta

Without elaborating, Foxconn said both parties realized that the project was not moving fast enough and there were challenging gaps they were not able to smoothly overcome. ....

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