Latest news with #Wistron
Time of India
12 hours ago
- Business
- Time of India
Wistron to expand India operations: Telangana unit planned with Rs 1,000 crore investment; focus on non-iPhone hardware
Representative image Taiwanese manufacturer Wistron, which sold its Karnataka iPhone facility to Tata Electronics in 2023, is now planning an electronics production unit in Telangana with a proposed investment of Rs 1,000 crore, according to informed Economic Times sources. The company is currently looking for suitable land in Hyderabad to establish a facility dedicated to manufacturing servers, routers and switches, according to the ET sources who requested anonymity. Following its departure from the Kolar plant, which experienced labour issues in 2020, Wistron is expanding its Indian presence. The company is also establishing a Rs 1,450 crore laptop manufacturing unit in Bengaluru, set to commence operations by January 2026, as confirmed by Karnataka industries minister MB Patil last year. "They (Wistron) have decided to come to Telangana with a different product line. They are investing almost Rs 1,000 crore. Now they are finalising the location," said one of the people. "It could be in the same area where Hyderabad's electronics manufacturing is concentrated, in one of the electronics parks on the outskirts of the city. It has not frozen the location yet. They have seen a few locations," the person, quoted by ET, added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Indonesia (Prices May Surprise You) Container House | Search Ads Search Now Undo "Wistron is into manufacturing servers, routers and switches. Manufacturing of those may go to Telangana. But it will be the non-iPhone making that will go to the state; iPhone assembly is ruled out," another person said. Responding to ET, Wistron declined to comment on the Telangana plans but reiterated its 2024 announcement regarding its subsidiary, ICT Service Management Solutions (India), seeking land use rights from Karnataka Industrial Area Development Board for up to Rs 140 crore near Bangalore's international airport. In March last year, the Karnataka State High Level Clearance Committee approved ICT Service Management's Rs 1,450 crore investment proposal, potentially creating 2,500 jobs. When signing the memorandum of understanding in January last year, minister Patil mentioned ICT Service Management's request for 32 acres. The automated facility would manufacture laptops for various brands, with over 50% intended for export, according to Patil. The unit would also produce IoT components and EV-related parts. Wistron operates in India through three subsidiaries: ICT Service Management, Smartiply India and Wistron Automotive Electronics (India). ICT Service Management handles import-export services and maintenance, Smartiply India develops internet platforms and IoT products, whilst Wistron Automotive Electronics focuses on automotive electronics manufacturing and R&D. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
20 hours ago
- Business
- Time of India
Wistron is eyeing Rs 1,000 crore IT hardware plant in Telangana
Academy Empower your mind, elevate your skills Wistron, the Taiwanese contract manufacturer that sold its iPhone assembly plant in Karnataka's Kolar to Tata Electronics in 2023, is firming up plans for an electronics production facility in Telangana with an investment of around Rs 1,000 crore, people aware of the matter is scouting for land in Hyderabad to build the facility that will manufacture servers, routers and switches, these people said on the condition of exiting the Kolar plant, where it had faced worker unrest in 2020, Wistron is again expanding its operations in India. The plans also include setting up a Rs 1,450 crore plant in Bengaluru to manufacture laptops. This facility is scheduled to start production by January 2026, Karnataka industries minister MB Patil said last year."They (Wistron) have decided to come to Telangana with a different product line. They are investing almost Rs 1,000 crore. Now they are finalising the location,' said one of the people. 'It could be in the same area where Hyderabad's electronics manufacturing is concentrated, in one of the electronics parks on the outskirts of the city. It has not frozen the location yet. They have seen a few locations," this person said."Wistron is into manufacturing servers, routers and switches. Manufacturing of those may go to Telangana. But it will be the non-iPhone making that will go to the state; iPhone assembly is ruled out," another person did not comment on the Telangana plan. In a statement to ET, the company repeated the announcement in 2024 when it said a wholly owned subsidiary, ICT Service Management Solutions (India), intended to secure a land use right from the Karnataka Industrial Area Development Board for up to Rs 140 crore. That land is near the international airport in Bangalore, it said in the latest Karnataka State High Level Clearance Committee had in March last year approved ICT Service Management's Rs 1,450 crore investment proposal with a potential to create 2,500 jobs. In January last year, when the company and the state government signed a memorandum of understanding, minister Patil said that ICT Service Management had sought 32 acres for the proposed proposed unit with a fully automated facility would make laptops for all brands and over 50% of laptops made here would be exported, Patil had said. The plant would also produce IoT components and EV-related currently operates in India through three subsidiaries: ICT Service Management, Smartiply India and Wistron Automotive Electronics (India). While ICT Service Management focuses on import-export services and maintenance operations, Smartiply India develops internet platforms and IoT-related products. Wistron Automotive Electronics specialises in manufacturing, R&D and design of automotive electronics and related products.
Nikkei Asia
17-07-2025
- Business
- Nikkei Asia
China's ASML endeavor and India eyes Taiwan ties
Hi everyone, this is Lauly, waving hello from drizzly Tokyo, where I am on a short business trip. It's been a while since I last visited this vibrant city. That was in spring 2023, shortly after the lifting of COVID quarantine controls. We had a company teambuilding event that almost every overseas correspondent attended. We took a dinner cruise on a traditional boat in Tokyo Bay and later sang karaoke. Touching down in Haneda Airport yesterday reminded me how joyful it is to see colleagues that you work closely with despite living far away. I am hosting this week's #TechAsia from Tokyo just as our special visual project about extreme ultraviolet lithography machines, the world's most complicated chipmaking equipment, goes online. The idea for the story actually emerged roughly two years ago from discussion with my colleague Annie Cheng Ting-fang. We decided we should dissect China's efforts to build its own ASML, the Dutch company that is the exclusive maker of EUV machines. However, we were sidetracked by other big projects and major news developments, such as the great nanometer chip race, China's subsea cable drive, Huawei's mission to boost China's tech prowess, not to mention the industrywide earthquake set off by Trump's tariff war since April. Looking back, however, all these projects are linked to one another, and together they build a sweeping tale about China's tech capabilities under the pressure of U.S. restrictions. Our years of accumulated industry knowledge and the latest scoopy details about little-known Chinese players all became part of this latest story. I am very happy that we finally told this story, with massive help from our industry sources and analyst friends, as well as our editors and designers. This is a very good read that I'm sure you will enjoy. Separately, the tech supply chain has been waiting anxiously for the final results of the Trump administration's tariff policy. Without further details, it is impossible for companies to make their next moves. "The clients have not yet told us what to do or made any order adjustments, as there are so many details not yet disclosed," Jeff Lin, CEO of Wistron, a maker of Nvidia servers and HP and Dell notebooks, told reporters this week. "The market for AI servers would be less impacted due to the continued robust demand, but it is hard to say for consumer electronics products like personal computers and notebooks." The last, greatest challenge Ever since Chinese tech champion Huawei was blacklisted by the U.S., China has stepped up efforts to boost its self-sufficiency in tech, particularly in chipmaking equipment, a segment dominated by suppliers from the U.S., the Netherlands and Japan. Semiconductor Manufacturing International Corp., China's top contract chipmaker, is aggressively expanding the output of 14-nanometer and even 7-nm chips in Beijing, with a mission to even build them entirely with Chinese chipmaking equipment, according to this special project by Nikkei Asia's Cheng Ting-Fang and Lauly Li. But while China has made progress in almost every chipmaking machine over the past few years, one daunting challenge remains: lithography. This essential step in the manufacturing process determines the ultimate performance of the chip. The Chinese central government, local governments and top national research institutes are supporting the creation of the country's own supply chain ecosystem for lithography machines, including the development of critical components, optical parts and light sources. Huawei-linked chipmaking equipment supplier SiCarrier, as well as Shanghai Yuliangsheng and Shanghai Micro Electronics Equipment, are among the most eager to see the effort succeed, with the trio's ultimate goal being to build the extreme ultraviolet (EUV) lithography machines. "It could be in five years, it could be in 10 years, it could be in 15 years. We don't really know," said Didier Scemama, head of EMEA IT hardware research at BofA Global Research. "Is that going to be competitive with what ASML does? [That is] highly unlikely. But it's good enough for China." Nvidia's aims for China Nvidia chief Jensen Huang said it would "accelerate the recovery" of its China sales, after a detente between Beijing and Washington allowed the AI chipmaker to resume shipments of a key processor specifically designed for the Chinese market, writes the Financial Times' Eleanor Olcott. Huang told a press conference in the Chinese capital on Wednesday the company had not yet received export licenses from Washington to restart shipments of its H20 product, but he expected them "to come through very shortly." Nvidia had reported a $4.5 billion write-down in its April quarter, as the Trump administration tightened export restrictions on advanced chips and it was left with a huge H20 inventory it could no longer ship. "Some of what we wrote off is hard to recover, but what we put on reserve will not be scrapped permanently," said Huang. The company would make a final decision about whether it needed to restart production of its previous Hopper generation, of which the H20 was part, once customer orders came through, he said. Huang has met President Donald Trump and policymakers this month, as part of intense lobbying in the U.S. and Chinese capitals by the $4 trillion company. He has warned that America risks forfeiting its leadership in AI to Chinese companies, including Huawei, if it cuts off exports of critical technology. Beyond tech ties India, the world's most populous country, is looking to forge deeper economic ties with Taiwan on top of the tech-oriented island's growing manufacturing presence in the South Asian subcontinent, Nikkei Asia's Cheng Ting-Fang and Lauly Li write. The country sent a ministerial-level delegation to Taipei this week to promote the building of an international financial services hub, the Gujarat International Finance Tech-City. Also nown as GIFT City, the project would, among other things, enable flexibility in financing domestic tech projects. "We are here to expand the India-Taiwan business relationship, which is very important in this new world order," said K. Rajaraman, the head of the delegation and chairman of the International Financial Services Centers Authority (IFSCA), the body that is overseeing the hub's development and regulation. "In the Prime Minister [Narendra Modi]'s vision of 2047, one of the most important pillars is technology, and I think Taiwan is the place to be. ... This partnership is completely complementary," Rajaraman said. There are already more than 250 Taiwanese tech suppliers invested in India, and "all" of them are expanding their footprints, making India one of the key beneficiaries of the supply chain diversification amid the U.S.-China tensions. China's food fight China's price war in the food delivery industry continues to spiral out of control, with the three main platforms -- Alibaba Group, Meituan and -- competing head-to-head to become the ultimate gateway for consumer spending in the world's second-largest market, writes Nikkei Asia's Cissy Zhou. The battle, ignited by JD, intensified further over the weekend as platforms announced heavier subsidies to woo users, with Alibaba's Taobao pledging to distribute a limited number of coupons worth up to 188 yuan and Meituan trying to match Taobao's offer. JD offered 100,000 servings of premium crawfish for 16.18 yuan, around $2, each to users across the country. But with the subsidy war lasting longer than expected, it is set to hamper platforms' profits for the second quarter as well as the full fiscal year, analysts warn. Morgan Stanley, for instance, last week lowered its target price for Alibaba's American Depositary Receipts (ADR) to $150 from $180. The bank noted that Alibaba invested approximately 10 billion yuan ($1.4 billion) in food delivery and instant retail services in the April-June quarter, saying the move has put its short-term profitability under pressure. South Korea pushes limits of AI in gaming and entertainment Welcome to the Tech Latest podcast. Hosted by our tech coverage veterans, Katey Creel and Akito Tanaka, every Tuesday we deliver the hottest trends and news from the sector. In this episode, Katey speaks with Seoul correspondent Kim Jaewon about how South Korea is deploying AI in its gaming and entertainment industries. Find us on Apple Podcasts | Spotify | Amazon Music | Voicy | YouTube | YouTube Music Suggested reads 1. Singtel-led group to build 8,900km Asian subsea cable with NEC (Nikkei Asia) 2. US probes imports of drones and critical material in chips and solar panels (FT) 3. How BYD caught up with Tesla in the global EV race (FT) 4. AI will not change humans, says 'Ghost in the Shell' creator (Nikkei Asia) 5. Post Office scandal clouds Fujitsu's AI rally (FT) 6. Panasonic opens second US battery plant in state of Kansas (Nikkei Asia) 7. China approves $35bn Synopsys chip software deal after US eases export curbs (FT) 8. China's top lithium firms trim losses but warn of volatility (Nikkei Asia) 9. US rare-earth refiner bets on chemistry to break China's dominance (Nikkei Asia) 10. China's ecommerce giants battle for instant delivery crown (FT)
Yahoo
27-06-2025
- Business
- Yahoo
Nvidia Reportedly Secures Entire Wistron AI Server Plant Capacity Through 2026
NVIDIA Corporation (NASDAQ:NVDA) is one of the best US tech stocks to buy now. According to Economic Daily and Commercial Time, NVIDIA has reportedly secured the entire production capacity of Wistron's newly launched AI server plant in Zhubei, Taiwan, through 2026. The move is aimed at meeting the surging demand for NVIDIA's next-generation Blackwell and Rubin AI systems. The Wistron facility is located in the Southern Taiwan Science Park and officially began operations with an inauguration on June 19. While specific production capacity figures for this single plant are not publicly known, Wistron's collective 7 plants, employing over 7,000 people, are estimated to produce ~240,000 Blackwell-based AI systems per quarter. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. Due to the rapid growth in demand, Wistron has warned that its current capacity may not be sufficient by 2026. To proactively address this, the company has secured an adjacent building from Lianfa Textile, designated as a second AI server site (A2) in Zhubei. The new site is scheduled to commence operations in 2026 and will also be dedicated to building NVIDIA-based servers, which is expected to effectively double Wistron's Taiwan-based AI server output once both facilities are fully operational. NVIDIA Corporation (NASDAQ:NVDA) is a technology company that provides graphics and compute & networking solutions internationally. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
Nvidia Secures Entire Wistron Plant Through 2026 to Build AI Servers
Nvidia (NVDA, Financials) reportedly locked in all production capacity at Wistron's newly launched Taiwan server facility through 2026 to meet surging AI server demand, according to a report by Economic Daily. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Nvidia reportedly booked all server manufacturing capacity at Wistron's recently launched facility in Zhubei, Taiwan, to produce its next-generation Blackwell and Rubin AI systems. The orders, which extend through 2026, reflect Nvidia's aggressive push to secure critical AI infrastructure capacity as demand continues to outstrip supply. The plant began operating this quarter and was officially inaugurated on June 19. Wistron's CEO confirmed at the event that contracts for AI server production already extend at least a year, while Economic Daily and Commercial Times reported that Nvidia has effectively locked in all future output. Wistron's collective operations produce an estimated 240,000 Blackwell-based systems per quarter, and the company has warned that its capacity may not be able to meet future demand by 2026. To address this, Wistron has secured an adjacent buildingset to become a second AI server site next yearto double its Taiwan-based output. AI server shipments have become a primary growth engine not only for Wistron but also for Quanta and Foxconn. Wistron is simultaneously expanding its U.S. presence with a new facility near Dallas, Texas. By reserving full production at Wistron's Zhubei plant, Nvidia is ensuring that its cloud and system partners receive AI servers in required quantities while competitors face tighter supply constraints. Nvidia's control of the CoWoS supply chain and now server assembly capacity signals its strategic intent to dominate the AI hardware ecosystem. This article first appeared on GuruFocus. Sign in to access your portfolio
