🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Apple’s manufacturer Luxshare moves investment to Vietnam instead of India
Livemint
·
1y ago
Medial
Apple's major Chinese component manufacturer, Luxshare, has reportedly decided to invest in Vietnam instead of India due to ongoing political tensions between the two countries. Luxshare, a key supplier for Apple's AirPods and potentially iPhones, will shift its $330 million investment to Vietnam's Bac Giang province. This decision could result in a loss for India, which had hoped to incorporate Indian companies like the Tatas into Apple's supply chain. The move by Luxshare reflects Apple's increasing intent to diversify its manufacturing beyond China.
View Source
Related News
Apple supplier Luxshare to invest $330 million more in northern Vietnam
Economic Times
·
1y ago
Medial
Apple supplier Luxshare plans to invest an additional $330 million in northern Vietnam. This investment aims to expand Luxshare's production facilities and meet the growing demand for electronic devices. The move showcases Luxshare's commitment to enhancing its manufacturing capabilities and strengthening its position in the global technology supply chain.
View Source
Aequs gets tryout to join Apple’s vendor team
Economic Times
·
9m ago
Medial
Contract manufacturer Aequs group, based in Karnataka, is in the trial stage of becoming an Apple supplier. If successful, it would be the second Indian company to be included on Apple's supplier list and the sole domestic firm to supply parts for MacBook personal computers and Apple watches. Aequs has begun trial production of MacBook enclosures and mechanical components for the Apple watch, and has sent these parts to Apple's designated supplier in Vietnam for fitment checks. The process to become an Apple supplier is rigorous, but electronics manufacturing in India offers a compelling opportunity for companies to enter the sector.
View Source
Apple’s $1 Billion Investment May Be Fleeting Win for Indonesia
Livemint
·
7m ago
Medial
Indonesia's manufacturing growth may be hindered by its protectionist policies, despite the country's recent victory in securing a $1 billion investment from Apple. While Indonesia is aiming for high-income economy status by 2045, analysts warned that its use of domestic content requirements could deter foreign investors and raise costs. The policies could also create obstacles for foreign investors as technology advances and the domestic manufacturing capacity struggles to keep up. In contrast, countries like Vietnam and India are offering tax incentives and more favorable conditions for companies looking to produce for export.
View Source
Samsung invests $1.8 billion more in Vietnam for OLED manufacturing plant
Economic Times
·
10m ago
Medial
Samsung Display Co, a South Korean electronic manufacturer, plans to invest $1.8 billion in a new factory in northern Vietnam. The facility will produce OLED displays for automobiles and technology equipment. Located in Yen Phong industrial park, the factory will be situated close to an existing Samsung electronics plant. This investment will raise Samsung's total investment in Bac Ninh to $8.3 billion. Vietnam has become a popular production hub for electronics companies, and Samsung has already established multiple manufacturing plants and invested $22.4 billion in the country.
View Source
Apple supplier Luxshare weighs manufacturing in US to tackle tariffs
Economic Times
·
4m ago
Medial
Apple supplier Luxshare considers expanding manufacturing outside China, including the U.S., to tackle U.S. tariffs. Chairwoman Wang Laichun stated the tariffs' impact on profits is minimal, but more overseas investments are considered. They may fulfill U.S. market needs through localized products, contingent on commercial guarantees. Luxshare, with facilities across several countries, speculates greater Southeast Asian investments, but not India yet. Tariffs, she notes, don't typically affect hardware manufacturers' pricing strategies.
View Source
Meta says it will expand production of mixed reality headsets in Vietnam
Economic Times
·
10m ago
Medial
- Meta Platforms will expand investment in artificial intelligence innovation in Vietnam. - Production of Meta's latest mixed reality headsets will begin in Vietnam from 2025. - Meta's president for global affairs, Nick Clegg, made the announcement during his visit to Vietnam. - Meta did not disclose the size of the investment or clarify whether the manufacturing would be done through suppliers. - Vietnam is an important market for Meta, with millions of users on its Facebook platform. - Meta will soon begin testing Meta AI in Vietnamese and plans to launch it by the end of this year.
View Source
'Vietnam grew 3x faster than India': Wealth advisor questions broken manufacturing model
Business Today
·
3m ago
Medial
Despite being smaller, Vietnam's export growth since 2005 reached 983%, significantly outpacing India's at 339%. China's goods exports stand at $3.58 trillion, with Vietnam achieving $347 billion compared to India's $428 billion. India's manufacturing GDP is 13%, half that of Vietnam, Indonesia, Taiwan, and China. Structural reforms in education and governance are essential for India to improve its manufacturing sector. Investment focuses on infrastructure, industrial corridors, and skilling programs.
View Source
Apple's Chinese supplier Luxshare's production of some iPhone 15s doubled in a year
Economic Times
·
1y ago
Medial
Chinese supplier Luxshare Precision Industry, known for producing Apple products, is expanding its business by producing three models of the iPhone 15 series this year. Luxshare's chairwoman, Wang Laichun, revealed that the company has doubled its business in a year and is also preparing for the production of the Apple Vision Pro wearable headset, expected to be available early next year. Luxshare has been increasing its production capacity to meet Apple's requirements and has seen significant growth in recent years as an Apple supplier.
View Source
Amid Apple’s record streak in India, iPhone sales in the country hit $10bn | Company Business News
Livemint
·
6m ago
Medial
Apple Inc. achieved an 11th consecutive record quarterly revenue in India, with iPhone sales estimated at $10 billion last year. Apple's growth in India has been propelled by rising iPhone demand and a higher average selling price compared to the market. The company is expanding its presence with four new stores and tapping into enterprise markets. Analysts forecast continued double-digit growth, supported by a potential mid-range iPhone 'SE' launch and other strategic moves.
View Source
Trump's new tariffs test Apple's global supply chain
Economic Times
·
4m ago
Medial
President Donald Trump's new tariff strategy significantly impacts Apple's global supply chain. Initially, to counter 2018 tariffs on China, Apple shifted production to Vietnam and India. However, with Trump's proposal of new tariffs—46% on Vietnam and 26% on India—Apple faces increased financial pressure. Already contending with 20% tariffs on Chinese imports, Apple's costs could rise significantly, affecting profits. The company's diversification efforts—redirecting production to India and Vietnam—now confront new challenges.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
