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Pat Gelsinger

With IDM 2.0, Intel charts a bold manufacturing gambit

Intel CEO Pat Gelsinger outlined Intel’s new vision and strategy to manufacture, design and deliver leadership products and create long-term value for stakeholders. “We are the only company with the depth and breadth of software, silicon and platforms, packaging and process with at-scale manufacturing our customers depend on for their next generation innovations.”- Pat Gelsinger, …


On 25 Years of Samsung in India

The 1990s were seminal for India. India broke its shackles and moved ahead with liberalization. Overnight, India transformed from a seller’s market to a buyer’s market. Consumers became more aware, more aspirational, and demanded quality and value. Encouraged by the Government’s liberal policy regime, players, such as Samsung came into India. Samsung recently completed 25 …


Foxconn Chairman: China’s days as world’s factory numbered.

Foxconn, the key supplier to iPhone maker Apple Inc., announced on Wednesday that it is planning to add more manufacturing facilities outside China to reduce its dependence on the country in the light of the ongoing trade war, reported Bloomberg. Foxconn chairman Young Liu said China’s proportion in its total production has come down to …


Smartphone production in India could fall by 38-40% in H1 2020

Smartphone production in India will fall by 38-40% in the first half of 2020, a new report by Cybermedia Research (CMR) estimated. The Indian smartphone industry faced supply shortages due to shutdown of factories in China in February. Manufacturing here was hurt because the industry couldn’t source components required for production here. Factories in China …


Will the coronavirus disrupt Indian Smartphone Manufacturing?

China is the hub of the global smartphone manufacturing supply chain. In fact, it accounts for almost 85% of the mobile phone components imported into India. Roughly, 12% of semi-knocked down (SKD) components are being sourced locally. The dependency of the world, as well as of India, on China for electronics components, cannot be emphasised. …


Corporate Tax Cut: Move to generate more investment and employment

India’s move to cut corporate tax will further propel manufacturers’ abilities to generate employment and invest more in local research and development (R&D). HMD Global, which makes Nokia phones, said that the move to cut corporate tax will encourage more entries into the Indian market. “We are also hopeful that post the relaxation for domestic …


Budget 2019: India to ease local sourcing norms for single brand retail, Apple benefits

India’s plans to ease local sourcing rules in single brand retail are set to help Apple the most among other foreign companies such as OnePlus and Oppo wanting to open their own stores in India, said analysts and sector watchers. The move is aimed at attracting higher foreign investment at a time when global foreign direct investment (FDI) flows …


The US-China Trade War, and India’s Tryst With Destiny

The ongoing US-China trade war represents a seminal moment in trade history with significant promise for a clear realignment of global value chain. In July 2018, US President Donald Trump followed through on his threats, and imposed sweeping tariffs on China for its alleged unfair trade practices. The US imposed higher tariffs on US$250Bn worth …