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Wistron is looking to sell its iPhone manufacturing business in India to Tata. People familiar with the matter said that the profit generated from iPhone assembling has been too low, and Wistron's management practices differ from India's local cultural and social norms.
The International Data Corporation (IDC) announced that the global tablet shipment in the first quarter of 2023 was 30.7 million units, a 19.1% decrease compared to 2022. Although there was a decline, it is merely returning to pre-pandemic levels.
Tesla reportedly refrains from making a firm commitment to establish a manufacturing facility in India
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially software divisions, as part of their efforts to cut operation costs, according to industry sources.
Taiwan-based Flexible Printed Circuit (FPC) manufacturer Complex Micro Interconnection Co. expects that FPC shipment momentum in third-quarter 2023 will gradually recover as customer inventory levels decrease. The company is also stepping up the construction of a second production base in Thailand in response to global supply chain shift and the bottleneck in the surface mount (SMT) back-end process.