Page 10 - Tim Culpan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India Trade: Elsewhere in Asia, the contest is about semiconductors, the high-value heart of communication, transportation, artificial intelligence, and a lot else besides. From Thailand to Singapore and Malaysia, several countries are now in the fray to shift the locus of front-end chip manufacturing from East to Southeast and South Asia. India is trying tostep on that ladder via packaging and testing. While those plans are yet to bear fruit, cheap labor has already made the nation an upcoming rival to Vietnam in a low-value-added activity like assembling electronics parts.

Elsewhere in Asia, the contest is about semiconductors, the high-value heart of communication, transportation, artificial intelligence, and a lot else besides. From Thailand to Singapore and Malaysia, several countries are now in the fray to shift the locus of front-end chip manufacturing from East to Southeast and South Asia. India is trying tostep on that ladder via packaging and testing. While those plans are yet to bear fruit, cheap labor has already made the nation an upcoming rival to Vietnam in a low-value-added activity like assembling electronics parts.

Though policymakers are convinced that their strategy of imposing high customs duties and offering production linked incentives is a masterstroke, an industry study has found that these come with a cost disadvantage of 4% against Vietnam, which could start hurting when the incentives eventually end

Bringing Taiwan to the World and the World to Taiwan

Foxconn is increasing its intentions to develop its chipmaking factories in the South Asian market, which is gradually evolving into a significant center for Apple products, by investing an additional $500 million in its Indian operations. Foxconn said its Singapore subsidiary is investing the money into the India firm, Hon Hai Technology India Mega Development …