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Intel Corporation to Split Intel Capital into A Standalone Company

Wednesday, January 15, 2025

Chipmaker Intel Corp announced on Tuesday its plan to separate Intel Capital, its venture capital and investment arm, into a standalone company. This strategic move is aimed at enhancing operational efficiency across Intel's core business while al...

TSMC Sees Increased Demand Owing to Nvidia's AI Venture

Tuesday, January 14, 2025

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, is expected to report a 58% increase in its fourth-quarter profit, reaching USD 11.41 billion for the quarter ending December 31. This surge is largely attr...

Lenovo Aims to Double Smartphone and Laptop Production in India

Tuesday, January 14, 2025

Lenovo plans to double its smartphone and laptop production in India this fiscal year from the 6.4 million units manufactured locally in 2023-24, according to Shailendra Katyal, managing director of Lenovo India. Katyal stated that the firm will...

Indian Phone Makers Urge Government to Extend PLI Scheme Beyond 2026

Monday, January 13, 2025

India's mobile phone manufacturers are calling on the government to extend the Production-Linked Incentive (PLI) scheme for smartphones beyond its scheduled expiration in 2026. Industry leaders believe that continuing the scheme is crucial for fos...


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