India is a key chip design market, says Qualcomm, as Modi makes chip push

A worker inspects a circuit board for a smartphone at Dixon Technologies’ Padget Electronics Pvt factory in Noida, Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Dixon boasts a market value of more than $2.5 billion and the capacity to produce about 50 million smartphones this year. Photographer: Anindito Mukherjee/Bloomberg via Getty Images Bloomberg | Bloomberg … Read more

Opposition blames Modi’s BJP for high jobless rate

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums NEW DELHI — As India gears up for the second phase of its general elections, the issue of unemployment is increasingly taking centerstage, with opposition leader Rahul Gandhi charging Prime Minister Narendra Modi and his … Read more

Tesla shares slide, Li Auto sinks as EV makers slash prices

Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto | Getty Images Tesla shares sank in premarket trading on Monday, while China’s Li Auto plummeted to an 11-month low, after both companies slashed prices of their electric vehicles in various markets amid intense competition. U.S. EV giant Tesla … Read more

Japan-South Korea coordinated currency intervention may need U.S. support

A Japanese 1,000 yen banknote sits on a pile of South Korean won banknotes for an arranged photograph at a Woori Bank Co. branch in Seoul, South Korea. SeongJoon Cho | Bloomberg via Getty Images Investors have been monitoring for potential intervention in the Japanese yen, but recent comments have triggered discussion about “coordinated intervention” … Read more

Why Apple is betting big on India

“There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year. His comments underscore one reason Apple has recently made an aggressive play to expand operations in India: the … Read more

Modi’s BJP is set to gain a foothold in Tamil Nadu

MYSURU, INDIA – APRIL 14: Prime Minister Narendra Modi gestures as he addresses an election campaign rally on April 14, 2024 in Mysuru, India.  Abhishek Chinnappa | Getty Images News | Getty Images CHENNAI, India — Polling stations in India’s Tamil Nadu state opened on Friday as the country kicked off its massive national election … Read more

Tim Cook visits Singapore amid Apple’s Southeast Asia expansion

Tim Cook, chief executive officer of Apple Inc., center, arrives at Apple Developer Academy at Binus University in Tangerang, Banten, Indonesia, on Wednesday, April 17, 2024.  Bloomberg | Bloomberg | Getty Images Apple’s Tim Cook is in Singapore for the latest leg of his whirlwind tour around Southeast Asia as the CEO pivots toward the … Read more

TSMC Q1 2024 earnings on strong AI chip demand

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued … Read more

Lok Sabha polls start April 19 —What you need to know

A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India’s Prime Minister Narendra Modi on April 15, 2024.  Idrees Mohammed | Afp | Getty Images Indians head to the polls on Friday in what will be the world’s largest democratic election, as close to one billion … Read more

Malaysia is unfazed by China, U.S. chip competition, minister says

KUALA LUMPUR, MALAYSIA – 2018/01/24: A foreigner is seen with a Malaysia flag as a background. Kuala Lumpur or commonly known as KL is the national capital for Malaysia and is the fastest growing metropolitan regions in South-East Asia. The urban city is also well known to the world for tourism and shopping. Kuala Lumpur … Read more