“All the three contract manufacturers of Apple — Foxconn, Pegatron and Wistron — are in an expansion mode in India as the US giant looks to diversify manufacturing and reduce dependence on China.”
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- India: Pegatron, Taiwanese contract manufacturer for Apple, likely to join Foxconn in manufacturing iPhone 14 models in India, aiming to move 5% of global manufacturing demand to India by the end of 2022
- India: Reliance Jio and Bharti Airtel are adding near 3500 5G-capable sites per week cumulatively, with sights on scaling up to 9-10K per week combined inside 4 months
- India: Bengaluru Tech Summit announcements include calls for national robotics body, bridging tech gap with China, and construction of 6 new hi-tech cities in Karnataka
- RedBrick AI raises $4.6M in round led by Sequoia India, focusing on automating annotations in medical imagery, saving up to 60% of time processing CT scans, X-rays, MRIs and ultrasounds
“RedBrick AI co-founder and CEO Shivam Sharma said the startup helps make annotations up to 60% faster using its configurable workflow system that works with medical imagery such as CT scans, X-rays, MRIs and ultrasound.”
- India: Growfitter reward-based digital wellness platform partners NEAR Foundation India hub for Web3 expansion and NEAR-based tokens
- India: MAARG portal – Mentorship, Advisory, Assistance, Resilience and Growth – opens startup registrations
- India: Bureau of Indian Standards guidelines aim to guard customers from fake online reviews of products, with tech giants and homegrown platforms to now face close scrutiny of reviews on their platforms
- Taiwan’s Foxconn to boost southern India workforce to 70K, adding 53K more workers over 2 years in part to address disruptions in China-based production
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