Red tape, weak infra and poor yield: Apple's India manufacturing dreams have a problemIndian government in recent years has stepped up efforts to convince international companies of being a credible and robust alternative to ...
Apple supplier Salcomp to double workforce in India, targets revenue of $2-$3 bn by 2025"The whole supply chain is now kind of looking at an alternative. And India is poised to be one of the best alternatives," Reuters quoted S...
Apple supplier Salcomp to boost Indian workforce to 25,000Salcomp, which currently employs about 12,000 people in Chennai with 85% of them being women, had reached an agreement in 2019 to take over...
Enphase looks to tap 10% of rooftop market in next 2 yearsEnphase sees incredible growth potential in India and has partnered with Salcomp to provide an impetus both domestically and export-wise fo...
Many units in Nokia Telecom SEZ may reopen by March 2020Last week, Finnish company Salcomp, acquired by Chinese firm Lingyi iTech, sealed a deal to buy the one million sq ft Nokia factory inside ...
Apple making iPhone XR in India, expanding operations: Ravi Shankar PrasadIT Minister Ravi Shankar Prasad said that Salcomp, the world's largest manufacturer and a major supplier of chargers to Apple for iPhone, h...
Handset companies want India to become an export hub: ExpertsThey said the policy will help promote startups and push end to-end manufacturing in India.
'India needs to emerge as an electronics export hub to attract investments'“There is still a long way to go for India to become a manufacturing hub. Even though the Indian component ecosystem has grown fast, basic ...
Tamil Nadu government may pull a Taiwan and build a science parkSpecifically, on plans to create a new cluster for information and communications technology industrial park, industry representatives are ...
10% duty on smartphones a leg up for Make in India investmentsThe move has been appreciated by Indian as well as foreign handset makers such as Lava, Micromax, Gionee and HMD Global which makes Nokia p...
GST a worry for phone manufacturers bullish on IndiaFoxconn was one of the large factories to close down in Tamil Nadu and re-emerge within two months across the border in Andhra Pradesh to m...
With no budget relief, phone companies seek continuation of sopsThe Fast Track Task Force, set up to accelerate phone and part manufacturing in the country, had led to 35 new plants and 15 factories for ...
Finland's Salcomp to buy factory inside Nokia SEZ near ChennaiSince Nokia got embroiled in a tax dispute, Salcomp and Laird had applied with the Delhi High Court for transfer of the sublease that Nokia...
Demonetisation, GST sops worry weigh on smartphone makersDemonetisation was an unexpected and painful twist, but the companies expect the demand drought due to the current cash crunch to be tempor...
Finland-based Salcomp plans to set up factories in India“We’re looking for leased space in Noida DTA for one factory and another one will be set up in Southern India,” MD of Salcomp India said.