Foxconn Pumps $1.5B into India to Supercharge Apple iPhone Production Capacity

May 20 2025 – A strategic investment move by Foxconn Technology Group, Apple’s primary iPhone assembler, has surfaced following regulatory disclosures. The Taiwan-based electronics giant confirmed through Monday’s stock exchange filings that its Singapore-based subsidiary has injected $1.5 billion into its Indian operations, a maneuver aimed at scaling production capacity across its southern Indian manufacturing…

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Bloomberg Survey: Nearly Half of China’s First – Time Car Buyers Eye Electric Vehicles

December 10, 2025 – A recent survey by Bloomberg Intelligence reveals a growing preference among first – time car buyers in China for electric vehicles (EVs) over other powertrain options. The key factors driving this trend are affordability, a wide range of available models, and a significant improvement in charging convenience. The survey, carried out…

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EU Approves Subsidies for Diamond Foundry’s Spanish Wafer Factory, Targeting Production Launch Next Year

December 27, 2024 – The European Commission has approved an €81 million subsidy from the Spanish government for Diamond Foundry’s diamond wafer fabrication plant in Trujillo, western Spain, on the 16th local time. Diamond, praised by some as the “ultimate semiconductor material,” boasts exceptional material properties such as an ultra-wide bandgap, high carrier mobility, high…

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