Electronics News - Latest Updates & Headlines
Nothing to ramp up exports from India amid global trade uncertainty: CEO
New Delhi, April 19: Amid growing global trade uncertainty and tariff challenges, London-based consumer electronics company Nothing is considering ramping up exports from India, its CEO Carl Pei has said.
New electronics component manufacturing scheme to deepen India's role in global value chains: Ashwini Vaishnaw
New Delhi, April 18: Union Minister for Electronics and Information Technology, Railways, and Information and Broadcasting Ashwini Vaishnaw on Friday highlighted the significant strides India has made in electronics manufacturing in the last 10 years under the leadership of Prime Minister Narendra Modi.
Electronics manufacturing ecosystem created 25 lakh jobs in 10 years: Ashwini Vaishnaw
New Delhi, April 18: The electronics manufacturing industry has seen a five times growth in the last 10 years, surpassing Rs 11 lakh crore while the entire ecosystem has created 25 lakh jobs, Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, said on Friday.
Union Minister Ashwini Vaishnaw showcases India's indigenous AI server
New Delhi, April 18: Union Minister for Electronics and Information Technology Ashwini Vaishnaw showcased India's first fully designed AI server, developed by VVDN Technologies.
Electronics Component Manufacturing Scheme guidelines to be out in a few days: Ashwini Vaishnaw
Manesar, April 18: Minister for Information Technology Ashwini Vaishnaw said on Friday that guidelines for the Electronics Component Manufacturing Scheme are almost ready and will be released in a few days. Addressing a press conference in Manesar, he said a portal will also be launched soon for applications to be made under the components manufacturing scheme.
Designed in India, Made in India: Ashwini Vaishnaw showcases ultra-durable tablet
New Delhi, April 18: Union Railways and Electronics and IT Minister, Ashwini Vaishnaw, on Friday took to social media platform X to showcase a tablet that is not only designed and made in India but is also extra durable.
India-made electronic products are gaining global recognition: Ashwini Vaishnaw
New Delhi, April 18: The rising reliability of India-made electronic products and the country's growing commitment to protecting intellectual property rights are gaining strong recognition within the global market, Union Minister for Electronics and IT Ashwini Vaishnaw said on Friday.
Smartphones become India's top export in first 10 months of FY25: Ashwini Vaishnaw
New Delhi, April 17: In a historic achievement, smartphones emerged as India’s largest export category in the first 10 months of FY25 -- marking a major success story under the government’s production-linked incentive (PLI) scheme, Union Minister for Electronics and IT, Ashwini Vaishnaw, said on Thursday.
Seoul shares end nearly 1 pc higher on optimistic US-Japan tariff talks
Seoul, April 17: South Korean stocks rose nearly 1 percent on Thursday as investors became optimistic about the ongoing trade talks between the United States and Japan. The local currency rose to a more than four-month high against the US dollar.
Crisil highlights dumping of electronics, machinery and textiles from China; India, prepared to face the risk
New Delhi, April 16: As trade tensions between the US and China escalate, the risk of China dumping electronics products in India has increased. Chinese companies are now looking to expand their presence in India by offering discounts to Indian buyers to make up for lost sales in the US.
Seoul shares rise nearly 1 pc on eased tariff woes; won sharply higher
Seoul, April 14: South Korean stocks ended nearly 1 per cent higher on Monday, led by gains of semiconductor and battery shares amid eased woes over the US administration's sweeping tariffs. The Korean won soared to a four-month high against the US dollar.
Smartphone makers remain cautious over unpredictable US tariff policies
Seoul, April 14: South Korean smartphone and personal computer makers are staying cautious as unpredictable US tariff policies increase uncertainty around their future production strategies.
US President Trump exempts phones, computers and other electronics from reciprocal tariffs
Washington, DC, April 13: The Trump administration in the US has exempted electronics like phones, computers and other electronics from the reciprocal tariffs imposed on other nations, including China, The Hill reported.
Production of Apple iPhones in India surges 60 pc to Rs 1.89 lakh crore in 2024-25
New Delhi, April 19: Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025, according to industry data.
US exemption on electronics: India has clear tariff edge over China
New Delhi, April 13: Industry leaders and experts on Sunday welcomed the Donald Trump administration's decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs -- a move which has given India a definitive edge over China.
US exempts smartphones, computers from latest tariffs
Washington/New Delhi, April 12: In a cheer for the global electronics industry, including in India, the US government on Saturday announced to exempt smartphones and computers imported to the country from the latest tariffs.
India's semiconductor demand to see 15% CAGR, hitting USD 108 billion by 2030: UBS report
New Delhi, April 12: The Indian semiconductor industry's end-demand revenues will double from 2025 to 2030, growing from USD 54 billion to USD 108 billion, according to a report by financial services firm UBS.
India working on at least 25 chipsets with indigenous IP
New Delhi, April 12: India, which is shifting its stance towards export-led growth in electronics, is currently working on at least 25 chipsets with indigenous intellectual property (IP).
Chhattisgarh CM Vishnu Deo Sai lays foundation stone of state's first semiconductor plant
Nava Raipur, April 11: Chhattisgarh Chief Minister Vishnu Deo Sai on Friday laid the foundation stone for the country's first Ultra-edge technology-based Gallium Nitride (GaN)-based semiconductor fabrication unit in Nava Raipur.
Seoul shares end lower on escalating US-China tariff row
Seoul, April 11: South Korean stocks finished lower on Friday amid an intensifying trade conflict between the United States and China stemming from Washington's reciprocal tariff scheme. The Korean won rose against the US dollar.
Smartphones now India's largest export commodity, total production hits Rs 5.24 lakh cr
New Delhi, April 11: Smartphones have now become India's single largest export commodity, crossing an all-time high of Rs 2,00,000 crore in FY25 which is a staggering 55 per cent annual growth, the India Cellular and Electronics Association (ICEA) said on Friday.
India's electronics manufacturing value addition jumps to 70%, set to reach 90% by FY27
New Delhi, April 11: India is strengthening its position as a global manufacturing hub, with value addition in electronics manufacturing having increased from 30 per cent to around 70 per cent, and is projected to reach 90 per cent by FY27, according to Axis Capital report.
India's electronic manufacturing and export to see robust growth with new components policy: Report
New Delhi, April 10: With the new electronic components manufacturing policy "in place", India's electronic manufacturing will see a value addition of 40 to 50 per cent from the current 15-16 per cent, said a report by Axis Capital."We expect value addition to increase to 40/ 50 per cent from the current 15/ 16 per cent, with a components policy now in place". said the report
Seoul shares sharply on US reciprocal tariff pause; Korean won spikes
Seoul, April 10: South Korean stocks were trading sharply higher on Thursday as the US administration's temporary pause of reciprocal tariffs on South Korea improved market sentiment. The Korean won was trading sharply higher against the US dollar.
New electronics component PLI to boost local manufacturing, create jobs: Industry
New Delhi, April 9: India’s electronics manufacturing sector has received a major boost with the government notifying the much-awaited ‘Electronics Component Manufacturing Scheme' (ECMS), top industry bodies said on Wednesday.
Seoul shares dip to 17-month low on Trump tariffs; won sinks to 16-year low
Seoul, April 9: South Korean stocks fell by nearly 2 percent to a 17-month low on Wednesday as the Donald Trump administration's sweeping tariffs stoked fears of an intensifying trade war between the United States and China. The local currency fell sharply against the US dollar.
Component PLI to further boost electronics exports, generate jobs
New Delhi, April 9: As smartphone exports surpassed Rs 2 lakh crore in FY25, with iPhones alone accounting for approximately Rs 1.5 lakh crore, the IT Ministry has notified the Rs 22,919 crore Electronics Components Manufacturing Scheme (ECMS), marking a significant step towards strengthening India's position as a global hub for electronics manufacturing.
Electronic exports have increased more than 6 times in last 10 years: Union Minister Ashwini Vaishnaw
New Delhi, April 8: Union Minister Ashwini Vaishnaw addressing a press conference in the national capital on Sunday said that electronic exports have increased more than six times in the last ten years.
India's mobile phone exports surpass Rs 2 lakh crore: Ashwini Vaishnaw
New Delhi, April 8: India's smartphone exports have reached a historic milestone, crossing Rs 2 lakh crore in the previous fiscal year 2024-25, announced Ashwini Vaishnaw, Minister of Electronics and Information Technology, during a press conference here on Tuesday.
PLI push: India's smartphone exports cross Rs 2 lakh crore for 1st time in FY25
New Delhi, April 8: India's smartphone exports touched a new milestone in the financial year 2024-25 (FY25), as it crossed Rs 2 lakh crore for the first time, Union Minister for Electronics and IT, Ashwini Vaishnaw, said on Tuesday.
US tariffs: India's tech hardware sector likely to gain over China, Vietnam
New Delhi, April 8: With China facing a 34 per cent US tariff and Vietnam 46 per cent, India's relatively lower tariff of 27 per cent may shift supply chain dynamics, helping the domestic tech hardware sector grow further, according to a new report.
Samsung reports 0.15 pc decrease in Q1 operating profit, logs strong phone sales
Seoul, April 8: Samsung Electronics on Tuesday estimated its first-quarter operating profit edged down 0.15 percent from a year earlier but exceeded market expectations on strong sales of its new flagship smartphones.
Attero's net profit falls 31 pc in FY24, firm says crosses Rs 1,000 cr in revenue
New Delhi, April 3: Electronic waste recycling startup Attero reported a 31 per cent decline in net profit in FY24 due to its rising expenses, according to the company’s latest financials.
US tariffs give India a definitive edge over China in key sectors
New Delhi, April 3: The reciprocal tariffs imposed by the US will undoubtedly hit all countries but Indian exporters may emerge stronger as rivals, mainly, China faces steeper duties as high as 65 per cent and even beyond.
US tariffs on electronics: India emerges favourable among competitors
New Delhi, April 3: India has emerged favourably placed in the first round of reciprocal tariff announcements by the US, especially compared to key electronics export competitors like China, Vietnam, Thailand and Indonesia, following the extraordinary and relentless efforts by its negotiators and leaders, industry experts said on Thursday.
BEL inks deal with Indian Air Force for maintenance of Akash missile system
Bengaluru, April 2: Navratna defence public sector undertaking Bharat Electronics Limited (BEL) has signed a contract with the Indian Air Force, valued at Rs 593.22 crore, for providing maintenance services for the Akash missile system to kick off the new financial year 2025-26.
Electronics manufacturing in India has grown 5 times in 10 years: Ashwini Vaishnaw
New Delhi, March 28: Union Minister for Electronics and Information Technology Ashwini Vaishnaw, addressing the media after Cabinet meeting, highlighted the transformation India's electronics sector has undergone over the past decade under Prime Minister Narendra Modi's leadership.
Cabinet decisions to make India 'Aatmanirbhar': PM Modi
New Delhi, March 28: Prime Minister Narendra Modi on Friday hailed the latest Cabinet decisions, emphasising their role in making India 'Aatmanirbhar'.
Rs 22,919 crore component PLI to boost India's domestic electronics supply chain
New Delhi, March 28: The Rs 22,919 crore Electronics Component Manufacturing Scheme (ECMS), which has the potential to generate nearly 1 lakh direct jobs and several indirect jobs, focuses on the local production of sub-assemblies and bare components like inductors, resistors, PCBs and capacitors, etc.
Component PLI to boost India's $500 bn electronics manufacturing goal: Industry
New Delhi, March 28: As India scales its production to reach $500 billion in electronics manufacturing by 2030, the Rs 22,919 crore Electronics Component Manufacturing Scheme (ECMS) will usher in a new era of growth, industry leaders said on Friday.