PLI Scheme Reduced Telecom Equipment Imports By 60%
SOURCE: Electronics b2b.com According to the data released by the Ministry of Communication, India’s PLI (Production Linked Incentive) scheme reduces reliance on imported telecom equipment by 60%, enhancing national security and fostering self-reliance in the telecom sector. On Wednesday, the Department of Telecommunications (DoT) announced that telecom equipment manufacturing sales crossed $500 billion mark under […]
Apple Eyes Local Partnership To Resume iPad Manufacturing in India
SOURCE: ElectronicsB2B.com Apple is actively seeking local partnerships to resume production of iPads and AirPods in India. This move supports Apple’s broader strategy to diversify its global supply chain. California-based Apple has significantly ramped up iPhone production in India, assembling a substantial $14 billion worth of iPhones in the fiscal year 2024. Apple is gearing […]
Up Close with Rakesh Kumar, Sales & Business Development Director, Win Source Electronics
EMSNOW learns about component distribution trends in India from Rakesh Kumar, Sales and Business Development Director for Win Source Electronics. Rakesh is based in that growing market for EMS. He describes how and where the growth is occurring, and where the products are going, including electric vehicles, other subsystems for automobiles, renewable energy, and smart […]
Continuous Improvement Veteran Florin Larion Joins Intervala as Director of Operational Excellence
MOUNT PLEASANT, Pa.—Intervala LLC, a premier full-service electronics manufacturing services provider, today announced that Florin Larion, an accomplished lean and continuous improvement leader, has been named corporate director of operational excellence. In this role, Florin is responsible for advancing a culture of continuous improvement throughout Intervala’s business and using Lean methodologies and tools to achieve companywide […]
Global Total Semiconductor Equipment Sales Forecast to Reach Record $109 Billion in 2024, Reports SEMI
SAN FRANCISCO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to set a new industry record, reaching $109 billion in 2024, growing 3.4% year-on-year, SEMI announced today in its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON West 2024. Semiconductor manufacturing equipment growth is expected to continue in 2025, with sales forecast […]