Electronic Manufacturing

Centre clears third electronics manufacturing cluster for Karnataka

The Centre has cleared the third electronics manufacturing cluster for Karnataka, which will be set up in the Dharwad district, Minister of State of Electronics and IT Rajeev Chandrasekhar said on Friday. According to the documents shared by the minister on Twitter, the electronics manufacturing cluster (EMC) project will cover an area of 224.5 acre at a cost of over Rs 179 crore, comprising central financial assistance of over Rs 89 crore. "Today a new Electronics Manufacturing Cluster in Hubli Dharwad is also approved - further expanding Karnataka's leadership in Electronics," Chandrasekhar said in a tweet. The EMC will be spread over two villages of Kotura and Belura, covering an area of 88.48 and 136.02 acre, respectively. An official statement mentioned that the government expects the new greenfield EMC is likely to catalyse investments of over Rs 1,500 crore in the near future and generate employment for over 18,000 people. "9 companies and start-ups have already committed t

Foxconn, Dixon leverage PLI route to boost manufacturing potential in India

How two poster boys of the government's signature manufacturing programme are deploying it to grow in India

Groundwork laid, here are the tech developments we will see in 2023

From common charging port to Right to Repair, the focus would be on consumer convenience

Govt clears Rs 357 cr for Foxconn under PLI scheme for phone manufacturing

The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing

OPPO announces OHealth H1, MariSilicon Y, and Air Glass 2 at Inno Day 2022

At its annual event called Inno Day 2022, Chinese electronics maker announced its maiden health monitor called OHealth H1, MariSilicon Y chip, and augmented reality headset Air Glass 2

OnePlus Monitor X 27, Monitor E 24 launched in India: Know price and specs

The OnePlus Monitors X 27 will be available at Rs 27,999 on the OnePlus online store from December 14. Pricing and sale details of the OnePlus Monitor E24 would come later

LG Electronics India FY22 PAT falls 23% to Rs 1,175 cr; total income up 10%

LG Electronics India's profit after tax for FY22 declined 23.17 per cent to Rs 1,174.7 crore, according to financial data accessed by the business intelligence platform Tofler. However, its total income rose nearly 10 per cent to Rs 17,171.3 crore in FY22. The company, which is not a publicly listed entity, had posted a profit after tax of Rs 1,529 crore, and its total income was Rs 15,621.1 crore for the financial year that ended in March 2022. LG Electronics India's profit before taxes was Rs 1,589.8 crore, and its tax expenses stood at Rs 415.1 crore in 2021-22. A wholly-owned subsidiary of South Korea-based LG Electronics, it is a formidable brand in India, operating in various segments, such as consumer electronics, home appliances, HVAC and IT hardware. LG Electronics India's total revenue from the home appliances and air solution division was Rs 12,419.5 crore in FY22. Under the home appliances and air solution division, it sells products like refrigerators, washing machin

Indian authorities hold up export of 27,000 Vivo phones in clash with China

The smartphones are being held up at the New Delhi airport by India's revenue intelligence unit over an alleged mis-declaration of the device models and their value

OnePlus Monitor X 27, Monitor E 24 set to launch in India on December 12

The OnePlus Monitor X 27 will come in 27-inch screen size and the OnePlus Monitor E 24 in 24-inch screen size

Smart fasteners are not just nuts and bolts

In auto sector adhesive tapes used for attaching components in unique ways allow carmakers to experiment with designs, since they are no longer bound by linear needs of traditional metallic fasteners

LG unveils world's 1st high-resolution display that stretches by 20%

The stretchable display is thin, lightweight design, and its revolutionary technology offers next-level versatility for various daily scenarios

Apple's tech supply chain shows difficulties in cutting dependence on China

Bloomberg Intelligence estimates it would take about eight years to move just 10% of Apple's production capacity out of China, where roughly 98% of the company's iPhones have been made

Govt makes first disbursement under PLI scheme, Delhi firm to get Rs 52 cr

Dixon Technologies getting money after international companies expressed concern about scheme due to delays in disbursement

Aiwa's India 'sweet spot': Japanese brand back with new strategy for TVs

Aiwa is back now - this time with a fundamentally changed strategy

Electronics firms to extend production cuts till August amid low demand

Consumer electronics inventory has piled up as consumers are holding back their discretionary spending, a report said

Intel suspends all business operations in Russia over Ukraine war

US technology company Intel, one of the world's largest manufacturers of computer components and electronic devices, said it has suspended its activities in Russia over the situation in Ukraine.

Vedanta to invest up to $20 bn in chip venture in India, roll out by 2025

Vedanta's group firm Avanstrate, which will spearhead the semiconductor business, expects to roll out electronic chips and displays from Indian manufacturing plants by 2025

Govt expects Rs 34,090-cr investment under PLI scheme for electronics mfng

The government is expecting an investment of Rs 34,090 crore under the PLI scheme for large-scale electronics manufacturing, by 2025, Parliament was informed

New products, exports to drive growth for Dixon Technologies

Focus on backward integration and value addition to help on the margin front

Dixon Technologies scouts for buys to get in global top 10 EMS league

Open to acquisition of design companies and raise manufacturing capacity