Those hopeful that India can establish a foothold in semiconductor sector should temper expectations, and instead hope that Modi govt will follow through on local chip industry plans.
Chinese workers struggling to assemble iPhones as consumers queue up to buy newest models, says Jenny Chan of The Hong Kong Polytechnic University at Institute of Chinese Studies webinar.
The Foxconn factory, located in Sriperumbudur on the outskirts of Chennai, was shut down after worker protests and will resume operations once 'necessary improvements' are made.
Foxconn, the main assembler of Apple Inc.’s iPhones, has agreed to all demands made by the employees and will resume production soon, the Tamil Nadu government said in a statement.
Apple Inc’s higher prices have deterred customers in India — the world's fastest growing major market, and has made the company a minor player in the country with only 1% of shipments.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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