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PLI timeline for mobile phone manufacturing may begin in FY22

PLI timeline for mobile phone manufacturing may begin in FY22
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Synopsis
A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of Rs 8,000 crore in the second year. They will thus be able to avail of maximum incentives worth 6% during the year, experts said.
Agencies
The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The government is considering making FY22 the first year of production instead of FY21 for the production-linked incentive (PLI) scheme for mobile phone manufacturing, senior government officials said. If approved, the move will bring relief to the likes of iPhone contract makers Foxconn and Wistron besides homegrown brands ....

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Impaired Shipment of Qualcomm 5G RFIC Expected to Lower 2Q21 Smartphone Production by About 5%, Says TrendForce

Press release content from Business Wire. The AP news staff was not involved in its creation.
Impaired Shipment of Qualcomm 5G RFIC Expected to Lower 2Q21 Smartphone Production by About 5%, Says TrendForce
March 12, 2021 GMT
TAIPEI, Taiwan (BUSINESS WIRE) Mar 12, 2021
The Line S2 fab of Samsung in Austin, Texas sustained a power interruption, which has forced it to suspend operation since mid-February, under the impact from the winter storm. TrendForce ’s latest investigations indicate that the capacity utilization rate for the entire fab is not expected to climb back to over 90% until the end of March. In particular, Samsung manufactures several products that are highly important for the production of smartphones, including the Qualcomm 5G RFIC, Samsung LSI OLED DDIC, and Samsung LSI CIS Logic IC. Supply-wise, the first two products sustained the brunt of the winter storm’s impact, and global smartphone production for 2Q21 is therefore expected to drop by abo ....

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South Africa Telecommunications Industry and Retail of Devices Report 2021

Press release content from Business Wire. The AP news staff was not involved in its creation.
South Africa Telecommunications Industry and Retail of Devices Report 2021 - ResearchAndMarkets.com
February 18, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 18, 2021
This report focuses on the South African telecommunications industry and the market for mobile devices with an emphasis on telephony, internet and mobile broadband, and the relevant supporting infrastructure.
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It includes comprehensive information on the state and size of the sector, its major players, and the latest available revenue, subscriber and market share statistics. There is information on regulatory issues, the performance of industry players and corporate actions and other developments. ....

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Nokia Board of Directors approved the Nokia equity program for 2021-2023

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ....

Katja Antila , Nokia Group , Stock Exchange , Nokia Corporation , Nokia Board , Incentive Plan , Share Purchase Plan , Nokia Bell Labs , New Products And Services , Products And Services , Government Regulations , Ownership Changes , Coronavirus Pandemic , Shareholder Rights , Consumer Products And Services , Intellectual Property , Joint Ventures , Globe Newswire , Telecommunications Equipment Manufacturing , Employee Benefits , Mobile Phone Manufacturing , Lung Disease , Covid 19 Pandemic , Leading Economic Indicators , Corporate Restructuring And Recapitalization , Mergers And Acquisitions ,

Government approves over Rs 12,000 crore manufacturing push for telecom equipment

India Business News: The government on Wednesday approved a 12,195 crore production-linked incentive (PLI) scheme for telecom gear manufacturing in India, a move that will ....

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