‘Foxconn City’ similar to China coming up in India soon? Southern states vie for Apple’s iPhone maker’s attention

Foxconn, a major global electronics contract manufacturer, has received offers from multiple states in India to establish large-scale industrial facilities. Telangana has proposed providing 2,000 acres for a ‘Foxconn City’, similar to the company’s existing sites in Taiwan and China, according to Duddilla Sridhar Babu, the state’s IT and industries minister. Additionally, sources told ET … Read more

Security devices lead India’s smart home boom, mkt to hit Rs 36k cr by 2028

The smart home market in India is experiencing explosive growth, driven by increasing affordability, rising consumer incomes, and a growing preference for convenience and security. According to a new report by Redseer Strategy Consultants, the market, currently valued at Rs 90,000 crore, is projected to nearly double in size to reach Rs 140,000 crore by … Read more

Japan’s Chip Startup Is Right to Shoot for the Moon

Could a little league baseball team win the World Series in five years? Japan’s state-backed chip startup Rapidus has a similarly long-shot ambition. In a country that currently produces 40 nanometer semiconductors, the two-year-old venture has the goal of leapfrogging generations of innovation and producing bleeding-edge 2 nanometer chips in 2027. It would be easy … Read more