Hyundai to Build First EV, Battery Manufacturing Unit in Georgia Next Year

South Korea’s Hyundai Motor Group said on Friday it plans to invest about $5.54 billion (roughly Rs. 43,110 crore) to build its first dedicated full electric vehicle (EV) and battery manufacturing facilities in the United States. Hyundai will break ground on its new facility in Georgia in early 2023 and is expected to begin commercial production in […]

Samsung Said to Hike Chip Manufacturing Prices by Up to 20 Percent

Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20 percent this year, Bloomberg reported on Friday. The move, expected to be applied from the second half of this year, is part of an industry-wide push to raise prices to cover rising materials and logistics costs, Bloomberg […]

US Says It Will Spend $3 Billion on EV Battery Manufacturing

The Biden administration will allocate more than $3 billion (roughly Rs. 23,000 crore) in infrastructure funding to finance electric vehicle (EV) battery manufacturing, US officials said on Monday. The funds will be allocated by the Department of Energy from the $1 trillion (roughly Rs. 76,62,200 crore) infrastructure bill US President Joe Biden signed last year. Among the initiatives […]

Ford Boosts F-150 Lightning Manufacturing to Meet Demand

Ford Motor on Tuesday started regular manufacturing of its F-150 Lightning electric pickup truck, the most prominent emblem of the 119-year-old company’s drive to retool for a new century. Ford workers, top executives and a group of F-150 Lightning customers joined a party at Ford’s Rouge Electric Vehicle Center in Dearborn, Michigan, marking the sharp […]

India’s Chip Manufacturing Push to Bring Massive Opportunities

India’s manufacturing push, backed by favourable policies, is timely and positions the country strongly to grab a massive opportunity in the electronics hardware space amid COVID-induced supply chain disruptions and global trust deficit around China, according to HCL co-founder Ajai Chowdhry. Chowdhry – who is part of the IT ministry-constituted advisory panel of experts that […]

Apple now manufacturing iPhone 13 in India

Apple is now manufacturing the iPhone 13 locally in India at a Foxconn plant near Chennai. The news comes after earlier reports already confirmed Cupertino had started trial production of the iPhone 13 back in December. We are excited to begin making iPhone 13 — with its beautiful design, advanced camera systems for stunning […]

Nvidia CEO Says Interested in Exploring Chip Manufacturing With Intel

Nvidia is interested in exploring using Intel for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday. “They’re interested in us using their foundries. We’re very interested in exploring it,” Huang said. But he added that foundry discussions take a long time as it’s about integrating supply chains. Early […]

Oppo details its manufacturing process of the Find X5 Pro’s ceramic back

Oppo offers a detailed look on how it has achieved the look of the Find X5 Pro’s ceramic back cover, the challenges involved, and the processed needed to make the ceramic back cover and fit it all together. Oppo took inspiration from the back cover of the Oppo Find X3 to translate to the Find […]

Reliance Arm RSBVL, Sanmina Set Up Electronic Manufacturing Joint Venture

Reliance Strategic Business Ventures Ltd will hold 50.1 per cent equity stake in the joint venture. New Delhi: Reliance Industries’ subsidiary RSBVL and Sanmina Corporation on Thursday announced setting up of an electronic manufacturing joint venture in India that will focus on hi-tech infrastructure hardware across diverse sectors, including communications networking, defense and aerospace. Reliance […]

Ashok Leyland To Set Up Manufacturing Facility For Electric Vehicles

Ashok Leyland plans to set up manufacturing facility to roll out electric vehicles in India New Delhi: Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm […]

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