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Foxconn plans to manufacture iPhones from Tamil Nadu, India

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 Insights

27-Dec-18 Taiwanese contract manufacturer Foxconn will invest well over INR1,500 crore (USD216mn) in new production lines to manufacture certain iPhone models in its factory near Chennai. The project is expected to bring employment of over 25,000 jobs. [image: The Economic Times]

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Vingroup’s smartphone launched in Ho Chi Minh City

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06-Dec-18 Vietnam’s largest private conglomerate, Vingroup, introduced its first smartphones in Dec-18 as part of its tech expansion. The company launched four new models under the brand name "Vsmart", at the Landmark 81 skyscraper in Ho Chi Minh. [image: Vietnam Insider]

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China drives global electric vehicle market

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 Insights

06-Dec-18 By 2025, EVs and HEVs will account for 30 percent of all vehicle sales globally. The growth of China’s new EV market is expected to hit 46 percent by 2020, with 2.5 million units produced in that year. [image: Greg Baker / AFP / Getty Images]

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