Page 5 - Electronics

Varroc Engg eyes fast-paced growth after deal closure with Plastic Omnium

Will sharpen focus on domestic market, play to its strength in lighting and electrical and electronics components as part of re-aligning focus and enhancing ROCE

April exports up 24% at $38 bn on petro products, electronics push

Imports during the month under review grew 26.55% to $58.26 billion

IISc Bangalore, USA's SEMI to cooperate in quantum technologies

Separate agreement signed for exploring the growth potential of electronics and semiconductor industry in India.

Varroc signs Euro 600 mn deal with Omnium SE to focus on EV, other segments

The Euro 600 million transaction will see Varroc divesting its lighting System operations in the USA, Brazil, Mexico, Poland, Czech Republic, Germany, Turkey, and Morocco

Samsung unveils T7 shield portable SSD for first time in India

Samsung has launched its latest external storage device, the T7 Shield Portable Solid State Drive (PSSD), for Indian consumers.

White goods PLI round 2: 19 global, domestic companies file applications

A senior government official said the second round of applications was invited as the entire allocated funds were not utilised.

Bharat Electronics to gain from strong order book and new opportunities

Semiconductor shortage and execution delays, however, dented its FY22 performance

Foxconn aims to get 5% of global market share for EV business by 2025

Foxconn is planning to capture around 5 per cent of the market share globally in the electric vehicles (EV) by the end of 2025.

Japan's OMRON announces long term vision 'Shaping the Future 2030'

OMRON Corporation (HQNamed as "Shaping the Future 2030 (SF2030)", the vision is an extension of the organization's renowned corporate principles-based management philosophy that underscores OMRON's sincere desire to shape a sustainable society through the continuous creation of social as well as corporate value via integration of business growth and sustainability.Keeping in sync with the dynamic nature of the socio-economic environment, over the last 89 years of its inception (since 1933), OMRON has been flourishing and sustaining its growth by living up to its vision of contributing towards the creation of a better society via solving social issues through industrial automation, healthcare and social systems solutions.Envisioning that the upcoming decade is going to indicate the advent of 'autonomous society' [1] and unfold many more diverse & complex social issues, OMRON's long term vision, SF2030 enumerates the ways to maximize human capabilities through people-oriented ...

Aiming for large chip, electronics investments into India: Union Minister

Rajeev Chandrasekhar, MoS for Entrepreneurship, Skill Development, Electronics & Technology said next challenge is to ensure digital and tech opportunity reaches other parts of country

Volex acquires majority stake in inYantra Tech in $13-mn transaction

inYantra Technologies Pvt Ltd on Monday said UK-based integrated manufacturing-services and power products company Volex plc has acquired a majority stake in it in a transaction totalling $13 million

EDMS firm InYantra forges alliance with Volex in $13 mn deal

inYantra specialises in assembling printed circuit boards (PCBs) and box builds; has been growing at a CAGR of 38% the last five years

Reliance ties up with Sanmina for electronics manufacturing in India

A Reliance unit will invest 16.7 billion rupees ($220.86 million) in new shares of Sanmina's existing Indian entity, giving it a 50.1% stake in the joint venture

Electrolyser supply crunch hangs over India's hydrogen ambitions

A global supply crunch of electrolysers and lack of domestic manufacturers to make them pose a major challenge to India's ambitious targets to use zero-carbon fuels, said a govt official to Reuters.

Electronic goods exports up 49% in April-December 2021, says govt

Top five export destinations were the US, UAE, China, Netherlands and Germany

Electronics production in India to reach $300 bn by 2026: Report

Electronics production in the country is expected to reach USD 300 billion by 2026, industry body ICEA said in a report on Monday. The National Policy on Electronics (NPE) 2019 had set a target of achieving a turnover of USD 400 billion by 2025. However, the industry will be unable to achieve the target set by NPE 2019, due to the adverse impact of COVID-19 pandemic on the sector, the report said, adding that "the COVID-19 pandemic brought with it unforeseen and unprecedented challenges." "The NPE 2019 targets for electronics production in 2025-26 at USD 300 billion appears to be more realistic considering the disruption on account of COVID-19 in the past 18 months which has been aggravated with the new variants of the COVID-19 virus such as Omicron," the report said. The India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo while sharing the details of the report said that the reduced target still aims for a 400 per cent increase from the current level, which

The right to repair movement

Most electronics manufacturers work on the concept of 'planned obsolescence'. After foreign shores, the 'right to repair' movement is now gaining ground in India. This report tells us more about it

Dhoot Transmission enters health, wellness space with Burge Electronics

Dhoot Transmission, which is among the largest manufacturers of wiring harnesses for two-wheelers, is diversifying into the health and wellness segment with a virus neutraliser that will help purify air in enclosed spaces. The Aurangabad-based company which lists Bajaj Auto, Honda Motorcycles & Scooters among others as it large clients, on Monday launched a slew of health and wellness products under the label of Burge Electronics, which in German means 'guarantor'. Burge will roll out its first product ozone-free air purifier, ion dome for neutralising viruses. Banking on its over two decades of know-how in product development, manufacturing and distribution, Burge Electronics aims to disrupt the health and wellness industry with safe, affordable, advanced and innovative solutions, Rahul Dhoot, Managing Director of Dhoot Transmission, said. Burge Electronics will soon launch its first product, ion Dome, a virus neutraliser approved and tested by the ICMR-recognised and ILAC ...

Flipkart Group acquires electronics recommerce firm Yaantra for unknown sum

Incorporated in 2013, Yaantra is a leading brand that repairs and sells refurbished consumer tech products such as smartphones and laptops

TSMC raises revenue growth projections due to global chip shortage

It intends to spend $40 billion to $44 billion expanding and upgrading capacity in 2022