India - Asia Tech Wire

India

2024.12.16

15:18

LG said to raise IPO valuation of India business to $15 billion

South Korea's LG Electronics has raised the IPO valuation of its Indian business to $15 billion, according to Bloomberg.

2024.12.11

15:58

Tesla said to be looking for locations to open showroom in New Delhi

Tesla has resumed its search for showroom space in New Delhi, Reuters said on Tuesday, citing people familiar with the matter.This is the first sign that the company is reconsidering its entry into the Indian market after shelving its investment plans earlier this year.In April, Tesla CEO Elon Musk had intended to visit India and announce an investment plan, but canceled the visit at the last minute.One of the sources said Tesla is looking for 3,000 to 5,000 square feet (about 280-465 square meters) of space to create a consumer experience center and a triple-sized space for its delivery and service operations.

2024.10.29

06:45

Indian-made iPhone exports up by a third in last six months

Asia Tech Wire (Oct 29) -- Apple Inc's iPhone exports from India grew by a third in the six months through September, according to Bloomberg.

2024.10.25

09:56

Hon Hai's Indian subsidiary may set up new iPhone 16 assembly line

Asia Tech Wire (Oct 25) -- Apple supplier Hon Hai's Indian subsidiary may set up a new iPhone 16 assembly line.

09:44

Apple to expand retail operations in India

09:38

Nvidia announces to build AI infrastructure in India

Asia Tech Wire (Oct 25) -- U.S. chipmaker Nvidia has announced that it will build AI infrastructure in India.

2024.10.22

03:43

Nvidia in preliminary talks with India to jointly develop AI chip

Asia Tech Wire (Oct 22) -- Nvidia is in preliminary talks with India to jointly develop an artificial intelligence (AI) chip, according to The Economic Times.

2024.10.21

07:12

India to restrict imports of computers, others from next year

Asia Tech Wire (Oct 21) -- The Indian government plans to restrict imports of laptops, tablet computers and personal computers from January next year in a bid to push companies including Apple to increase their share of local manufacturing in India.

2024.10.17

03:11

At least 7 more flights in India receive false threat messages in day

Asia Tech Wire (Oct 17) -- At least seven more flights in India received false threat messages on Wednesday.

2024.10.11

09:49

BlackRock, GIC said to invest in Hyundai Motor India IPO

Asia Tech Wire (Oct 11) -- BlackRock and the Government of Singapore Investment Corporation (GIC) will invest in Hyundai Motor India's IPO, according to Bloomberg, citing people familiar with the matter.

2024.10.08

09:53

Samsung announces settlement, but Indian union says strike will continue

2024.09.25

08:58

Indian regulator reportedly approves Hyundai Motor India's IPO

Asia Tech Wire (Sep 25) -- The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of Hyundai Motor's Indian company, per Reuters.

08:44

Foxconn plans to invest $1 billion in smartphone display module assembly plant in India

Asia Tech Wire (Sep 25) -- Foxconn is evaluating an investment of about $1 billion to set up a smartphone display module assembly plant in the southern Indian state of Tamil Nadu, according to The Economic Times.

2024.09.23

10:01

India investigates Netflix for alleged visa violations, racial discrimination

Asia Tech Wire (Sep 23) -- India is investigating Netflix's local business practices, including allegations of visa violations and racial discrimination, according to Reuters.

09:49

Xiaomi asks India antitrust agency to withdraw report containing trade secrets, report says

Asia Tech Wire (Sep 23) -- Chinese smartphone maker Xiaomi (1810.HK) has asked India's antitrust agency to withdraw its report on the grounds that it contains the company's trade secrets, Reuters reported.

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