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Foxconn’s Bharat FIH is facing turbulence due to top-level exits
Foxconn group company Bharat FIH is in a rough spot, with three of its independent directors having exited its board in the past three months. Interglobe Aviation chairman Venkataramani Sumantran, Sify Technologies cofounder Ramaraj R and former IT and telecom secretary Aruna Sundararajan have resigned. Sources cited the company’s lack of direction as the main reason for the resignations.
Apple set to lease office tower from Embassy Group in Bengaluru
Apple Inc leased an office tower in Bangalore with record rent. The site was previously a hotel near Bangalore Golf Club. Manufacturing operations expanded with Foxconn Technology Group and Tata Electronics, including a local supplier network and large facilities.
Apple supplier Foxconn rejects married women from India iPhone jobs
A former human-resources executive at Foxconn India said the company's executives verbally convey the recruitment rules to its Indian hiring agencies, which Foxconn tasks with scouting for candidates, bringing them in for interviews and employing them.
A look inside Corning’s plans for Tamil Nadu facility
Gorilla glass maker Corning, a key supplier of Apple, will begin production out of its Tamil Nadu facility in the second half of 2025, vice president and general manager David Velasquez told ET in an exclusive interaction. Velasquez was speaking ahead of the company's ground-breaking ceremony for India's first cover glass finishing facility near Chennai on Tuesday.
Former OpenAI cofounder launches new AI company
Ilya Sutskever, cofounder of OpenAI, launched Safe Superintelligence Inc (SSI) shortly after leaving OpenAI, joined by Jan Leike who now leads at Anthropic. Sutskever emphasised SSI's singular focus on advancing AI capabilities while prioritizing safety, aiming for rapid and secure scaling.
Nvidia boss, top chip CEOs to lay out AI plans at Taiwan expo
The world's biggest heavyweights in chipmaking and artificial intelligence will converge this week for Taiwan's premier tech expo, with Nvidia CEO Jensen Huang expected to get a rockstar reception at his keynote speech on Sunday. That is thanks in large part to Nvidia becoming the undisputed global leader in the specialised chips and hardware needed for cutting-edge AI. A day before his speech at the National Taiwan University, Huang threw the opening pitch before a baseball game in Taipei.
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Arm offers new designs, software for AI on smartphones
Arm Holdings unveiled new chip blueprints and software tools to enhance smartphones for AI tasks, aiming to accelerate adoption with changes in blueprint delivery.
Apple supplier Foxconn among firms asked to cut power use in Vietnam
The request for energy-saving measures, which two other industry sources said was sent to multiple manufacturers, is precautionary and aimed at averting a repeat of last summer when power shortage led to over a billion dollars in lost output.
AP fire-hit Foxlink back on track with a new Tamil Nadu plant
Apple supplier, Foxlink of Taiwan, is setting up a new factory in Oragadam, close to Chennai. This move comes as part of a fresh expansion plan following a destructive fire at their facility in Tirupati, Andhra Pradesh, last year.
Huawei's new phone uses more China-made parts, memory chip
Huawei's Pura 70 Pro showcases China's tech self-sufficiency advancements through increased use of Chinese suppliers, including HiSilicon's NAND memory chip, and Kirin 9010 processor, challenging U.S. sanctions and impacting the smartphone market.
Apple aims to tell an AI story without AI bills
After the company reported quarterly earnings on Thursday, Cook insisted that Apple will have concrete details about its plans for AI to talk about very soon.
DR Congo accuses Apple of using 'blood minerals' from war-torn east
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday. Macs, iPhones, and other Apple products are "tainted by the blood of the Congolese people", the DRC's lawyers said.
Apple announces event on May 7 amid reports of launch of new iPads
Apple will reveal new iPad Pro and iPad Air models at an event on May 7 in Cupertino. The launch signifies Apple's first lineup overhaul since 2018, aiming to combat declining sales with innovative products.
TSMC's first quarter profit rises 9%, beats forecasts
TSMC's Q1 net profit surpasses forecasts, driven by AI chip demand. Revenue exceeds expectations, stock hits record high. Capital expenditure increases. ASML reports robust sales despite U.S.-led restrictions.
Apple CEO Tim Cook says looking into possibility of building manufacturing facility in Indonesia
Apple Inc exploring Indonesian manufacturing, focusing on iPads, AirPods, Apple Watches. Tim Cook to inaugurate Bali academy. Vietnam key for production. Indonesia offers tech academies, key market for investment.
ETtech Explainer: Behind Apple’s search for Indian iCamera maker
Manufacturing and assembling camera modules is a complicated process involving multiple specialised components. Apple's move to possibly look at onboarding two Indian corporates to court Apple could be a catalyst for the country’s high-end manufacturing ambitions.
Apple says it wants to spend more on suppliers in Vietnam
Apple Inc's CEO Tim Cook aims to boost the iPhone maker's investments in Vietnam by increasing spending on local suppliers. Vietnam, which is a key manufacturing hub for Apple, will set up a working group to support Apple's investment in the country.
Titan, Murugappa may make iPhone camera parts to keep China out
Apple explores partnerships with Murugappa Group & Titan Company for local assembly of camera module sub-components in India, aiming to shift operations from China and strengthen the Indian supplier ecosystem.
Foxconn considers rotating CEOs in management reshuffle
Foxconn considers a rotating CEO system to enhance talent development, boost governance, and end a one-man rule system. This change may involve Young Liu transitioning from holding both CEO and chairman roles since 2019.
Chain reaction: Apple jobs in India set for 3x jump in 3 years
Cupertino-based Apple is looking to increasingly distance itself from China. It also aims to increase local value addition from its Indian suppliers in line with the approach that it has adopted in China.
Apple supplier Foxconn expects revenue growth in Q2 after dip in Q1
The first quarter is traditionally quieter than the previous one, the season when Taiwan's tech companies race to supply smartphones, tablets and other electronics to major vendors such as Apple for Western markets' year-end holiday period.
Apple tops in blue-collar jobs; election merchandise now on ecommerce
Apple and its supplier network have become India’s leading blue-collar job creator since the start of the production-linked incentive scheme. This and more in today’s ETtech Top 5.
Apple’s Tim Cook tells China forum AI is key for climate battle
Apple Inc. chief executive officer Tim Cook took part in a discussion at the annual Beijing event as the culmination of a week of public displays of his company’s commitment to China. He earlier met Commerce Minister Wang Wentao and announced plans to invest further in Apple’s supply chain, stores and research in the country.
Apple's CEO Cook opens new store in Shanghai
Cook, who arrived in Shanghai on Wednesday, opened the store's doors and flashed a victory sign with his fingers before greeting the first few customers who had started waiting outside the day before.
Apple supplier Rayprus eyeing Bengaluru facility
The Foxconn subsidiary that makes high-quality precision camera and lens solutions is looking to set up its facility within the sprawling new Foxconn campus coming up in Bengaluru
Apple supplier Foxconn turns upbeat on 2024, cites huge demand for AI servers
The upbeat tone comes after a forecast-beating 33% jump in net profit for the fourth quarter. It also contrasts sharply with remarks by Foxconn Chairman Young Liu in November that the world's largest contract electronics maker had "relatively conservative and neutral" expectations for 2024.
India comes full circuit: Global tech giants set sights on the country for electronics production
The critical factor to achieving India’s aspirations of being a global electronics manufacturing hub is to get the component piece right. With several key suppliers to marquee brands like Apple and Samsung setting up shop in India, some pieces of the puzzle have started fitting in. But a lot more needs to be done.
Workers at Apple supplier Flex's Tamil Nadu plant stage one-day strike
Hundreds of workers at a manufacturing plant of Apple supplier Flex in Tamil Nadu staged a one-day strike on Friday, demanding higher wages and the recognition of a union.
US’ Corning to build Rs 1,000-crore gorilla glass facility in Tamil Nadu
This marks the formal entry of another Apple supplier into India, bolstering the expanding ecosystem of Apple as well as electronic component manufacturers in the country.
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