Google plans to invest billions of dollars in India’s Tamil Nadu state to set up smartphone production, picking the southern industrial province for its manufacturing push in the country.
The Alphabet Inc unit plans to assemble Pixel phones in the state, setting up new production lines with Taiwanese contract manufacturing partner Foxconn Technology Group (富士康科技集團), people familiar with the matter said. Its Wing subsidiary will also assemble drones in Tamil Nadu, said the people, who asked not to be identified as the information is private.
Google is accelerating its plans to manufacture devices in India, following companies such as Apple Inc in pivoting away from China to lessen geopolitical risks. The company’s decision benefits Tamil Nadu, which is seeking to get into advanced manufacturing and move away from the historical tag line “Detroit of India.”
Photo: AFP
A team from the Tamil Nadu government, comprising Minister for Industries T.R.B. Rajaa and senior executives, held talks with senior Google management in the US to pitch their state as a manufacturing location, the people said.
Google representatives didn’t immediately respond to a request for comment. Indian news Web site Moneycontrol earlier reported Google’s plan to manufacture in Tamil Nadu.
Google said last year it will begin production of its Pixel 8 smartphones in India, without disclosing a location. Apple has shifted some iPhone production to India, and Samsung Electronics Co also has set up assembly in the country.
Global technology players moving production to India is a potential boon for Prime Minister Narendra Modi, as the country undergoes elections to pick new leadership. Modi’s so-called production-linked financial incentives have helped the country attract electronics manufacturers.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and