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SAMSUNG PLI SCHEME
South Korea, Taiwan leapfrog India, but the race was lost decades agoSouth Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems fr...- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- Smartphones emerge as India's export champions in FY26India's electronics exports saw a significant 24% rise in the last fiscal year. Smartphones led this growth, with exports climbing nearly 2...
- Smartphone PLI surpasses targets, turns out to be right call for IndiaThe fiscal stimulus under the production-linked incentive (PLI) scheme for smartphones is likely to be around Rs 21,000 crore for the FY21-...
- Samsung's FY26 Q1 exports fall 20% as PLI benefits end; Apple, Dixon may be nextSamsung's smartphone exports from India witnessed a nearly 20% year-on-year decline in the first quarter of FY26, potentially due to the ex...
- Samsung may shift production from Vietnam to India, seeks one more year of PLI sops in lieu of FY22Samsung has requested an additional year for production-linked incentive (PLI) benefits after missing targets in the second year of the sch...
- Samsung finishes PLI marathon first. Prize money: ₹1,000 crSamsung is poised to be the first to complete the smartphone PLI scheme's five-year tenure, potentially securing over ₹1,000 crore in incen...
- Foxconn, Samsung, 3 others to get Rs 4,400+ cr under PLIApple's contract manufacturers in India, including Foxconn, Wistron, Pegatron, along with Samsung and Dixon Technologies, are set to receiv...
- Samsung won't get incentive for smartphone production in FY22Samsung is unlikely to get production-linked incentives (PLI) for smartphone manufacturing for the second year (fiscal 2022) of the scheme,...
- PLI: Rs 4,415 cr disbursed, system in place to facilitate beneficiaries’ visa applicationsThe Indian government has disbursed approximately Rs 4,415 crore under the Production-Linked Incentive (PLI) schemes for eight sectors, inc...
- Samsung to finally get its FY21 incentives under PLI schemeThe Indian government has cleared over ₹500 crore claims for South Korean smartphone manufacturer Samsung for the first year of the smartph...
- Samsung may lose PLI sops for first year on invoicing issuesThe Korean company has said it is in advanced talks with the government on payout; it stressed its commitment to India.
- Samsung plans to locally manufacture 4G, 5G gear; in talks with Jio, AirtelSamsung has conveyed to the telecom department about its intention to apply for the next edition of the production-linked incentive (PLI) 2...
- Apple, Samsung may make handsets worth $5 billion in FY22PLI was the first and the largest in a series of such schemes launched by the government to make India a manufacturing hub, aiming to wean ...
- Govt seeks info to up PLI sops for IT hardwareThe scheme aims to end India’s dependence on imports, which are a whopping $4.21 billion for laptops, while a very little value of India’s ...
- Samsung may apply for PLI scheme if government extends the deadlineThe Centre had expressed its dissatisfaction multiple times to the top brass of the Korean giant before the Cabinet reshuffle for not apply...
- Samsung won’t seek PLIs for equipmentSamsung India officials conveyed the decision to the telecommunications department (DoT) in a videoconferencing meeting on Wednesday.
- Mobile makers invest Rs 1,300 crore under PLI Scheme in 2020 Dec qtr: GovtThree companies -- Foxconn Hon Hai, Wistron and Pegatron -- are contract manufacturers for Apple iPhones. Apple and Samsung account for 37 ...
- Samsung could apply for Rs 12,195 crore telecom gear PLI scheme to start domestic production of 4G and 5G gearThe South Korean electronics major expects to supply telecom gear to its only telco customer in India so far - Reliance Jio - besides globa...
- Samsung may move part of smartphone production to India, plans to make devices worth $40 billionOnce Samsung’s move fructifies, the company will join iconic smartphone major Apple, which is also in the process of shifting a key part of...
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