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Explained: Impact of Foxconn, Vedanta pact on semiconductor manufacturing in India

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To contribute towards the development of semiconductor sector in India, Vedanta, one of India’s leading multinational groups, and Taiwan-based electronics manufacturing company Hon Hai Technology Group (Foxconn), has recently signed a MoU to form a joint venture (JV) company that will manufacture semiconductors in India.

This is the first joint venture in the electronics manufacturing space after Prime Minister Narendra Modi approved the comprehensive program for the development of sustainable semiconductor and display ecosystem in India.

In December 2021, India had approved a comprehensive program for the development of sustainable semiconductor and display ecosystem in the country. Under the initiative, Rs76000 crore (>10 billion USD) approved for development of semiconductors and display manufacturing ecosystem in India.

According to the government, the program will usher in a new era in electronics manufacturing by providing a globally competitive incentive package to companies in semiconductors and display manufacturing as well as design. This shall pave the way for India’s technological leadership in these areas of strategic importance and economic self-reliance.

Vedanta and Foxconn collaboration

The collaboration between Vedanta and Foxconn follows the India Government’s recent policy announcement for Electronics Manufacturing & PLI scheme for incentivizing organizations to contribute towards development of this sector.

According to the MoU signed between the two companies, Vedanta will hold the majority of the equity in the JV, while Foxconn will be the minority shareholder. Vedanta chairman Anil Agarwal will be the chairman of the joint venture company.

“The targeted project plans to invest for manufacturing semiconductors. It will provide a significant boost to domestic manufacturing of electronics in India,” reads a statement issued by the Foxconn. The location of the plant is yet to be finalised. “Discussions are currently ongoing with a few State Governments to finalize the location of the plant,” it adds.

Semiconductor

What is semicondutor

Government has described the semiconductors and displays as the foundation of modern electronics driving the next phase of digital transformation under Industry 4.0. Semiconductors and display manufacturing is very complex and technology-intensive sector involving huge capital investments, high risk, long gestation and payback periods, and rapid changes in technology, which require significant and sustained investments.

Here is the list of incentives approved by the government for the development of semiconductors and display manufacturing ecosystem in India:

Semiconductor Fabs and Display Fabs: The scheme for setting up of semiconductor fabs and display fabs in India shall extend fiscal support of up to 50% of project cost on pari-passu basis to applicants who are found eligible and have the technology as well as capacity to execute such highly capital intensive and resource incentive projects. Government will work closely with the state governments establish high-tech clusters with requisite infrastructure in terms of land, semiconductor grade water, high quality power, logistics and research ecosystem to approve applications for setting up at least two greenfield semiconductor Fabs and two Display Fabs in the country.

Semi-conductor Laboratory (SCL): Union Cabinet had also approved that Ministry of Electronics and Information Technology will take requisite steps for modernization and commercialization of Semi-conductor Laboratory (SCL). MeitY will explore the possibility for the Joint Venture of SCL with a commercial fab partner to modernize the brownfield fab facility.

Compound Semiconductors / Silicon Photonics / Sensors (including MEMS) Fabs and Semiconductor ATMP / OSAT Units: The scheme for setting up of Compound Semiconductors / Silicon Photonics / Sensors (including MEMS) Fabs and Semiconductor ATMP / OSAT facilities in India shall extend fiscal support of 30% of capital expenditure to approved units. At least 15 such units of Compound Semiconductors and Semiconductor Packaging are expected to be established with Government support under this scheme.

Semiconductor Design Companies: The Design Linked Incentive (DLI) Scheme shall extend product design linked incentive of up to 50% of eligible expenditure and product deployment linked incentive of 6% – 4% on net sales for five years. Support will be provided to 100 domestic companies of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design and facilitating the growth of not less than 20 such companies which can achieve turnover of more than Rs.1500 crore in the coming five years.

India Semiconductor Mission: In order to drive the long-term strategies for developing a sustainable semiconductors and display ecosystem, a specialized and independent “India Semiconductor Mission (ISM)” will be set up. The India Semiconductor Mission will be led by global experts in semiconductor and display industry. It will act as the nodal agency for efficient and smooth implementation of the schemes on Semiconductors and Display ecosystem.

Fiscal support for semiconductors and electronics

Incentive support to the tune of Rs55,392 crore (7.5 billion USD) was also approved under PLI for Larges Scale Electronics Manufacturing, PLI for IT Hardware, SPECS Scheme and Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme.

Industry reaction

Reacting to the JV between Vedanta and Foxconn, Amarpreet Singh, an experienced Electronics Manufacturing Industry professional, says in his Linked post that we are going to see many more similar news in the coming months. Singh further says that it will take some years before we actually witness the benefits of the new semiconductor policy by the government, but yes it is a good start.

In addition, PLI incentives to the quantum of Rs.98,000 crore (USD 13 billion) are approved for allied sectors comprising of ACC battery, auto components, telecom & networking products, solar PV modules and white goods. Overall, the Union government has committed support of Rs2,30,000 crore (USD 30 billion) to position India as global hub for electronics manufacturing with semiconductors as the foundational building block.

Development of semiconductor and display ecosystem will have a multiplier effect across different sectors of the economy with deeper integration to the global value chain. The program will promote higher domestic value addition in electronics manufacturing and will contribute significantly to achieving a USD 1 Trillion digital economy and a USD 5 Trillion GDP by 2025.

IIT Kanpur director, Abhay Karandikar had expressed hope that the program for development of semiconductors ecosystem in the country will help setup Semiconductor fabs and revitalize SCL. “This will certainly enable #India to become a global hub of electronics manufacturing. We look forward  to an #AatmaNirbharBharat in #electronic manufacturing with innovative and #indigenous electronic products,” said Karandikar in a Facebook post on December 15, 2021.

Also, Read Here: IGear launches wireless keyboard and mouse combo KeyBee Pro to retro-style your desk

 

Oppo announces strategic partnership in Mobile Imaging with Hasselblad

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Oppo announced a three-year partnership with Hasselblad, the legendary camera manufacturer, to co-develop industry-leading camera technologies for Oppo’s flagship Find series. The two brands will focus on breakthroughs in color science to create an improved mobile photography experience on Hasselblad Camera for mobile.

Since the integration of Oppo and OnePlus, research and development resources between the brands have been combined to maximize efficiency and improve user experience. With the imaging advances made in the partnership between OnePlus and Hasselblad, Oppo is excited to elevate the strategic partnership to the corporate level for both the Oppo and OnePlus brands.

“Following the success of OnePlus and Hasselblad’s collaboration in the past year, we are very pleased to see the partnership enter a new stage of development, giving more users around the world a chance to enjoy the legendary Hasselblad mobile imaging experience,” says Pete Lau, Chief Product Officer. “Camera color performance has always been a focus for OPPO and a part of Hasselblad’s DNA. We are very excited to be able to explore the future of Hasselblad Camera for Mobile together.”

Building top-tier imaging systems capable of delivering a world-class mobile photography experience is a key strategy for Oppo to bring forth a next-generation premium smartphone experience. Following the launch of Oppo’s first self-developed imaging NPU MariSilicon X, Oppo is further committed to creating a world-class photography experience through its cooperation with Hasselblad.

Oppo and Hasselblad will now work together to further develop advanced imaging solutions through R&D collaboration, which aims to provide users with more natural colors and a more refined imaging experience. Leveraging Natural Color Calibration with Hasselblad, Oppo also targets to bring the most natural skin tone possible to its portrait photography.

Starting with the software improvements for natural color tuning, the three-year partnership will further enhance the color calibration solution and target to establish the new benchmark for smartphone camera color performance, delivering a consistent natural color performance for Oppo mobile phones to cover all scenarios and across the entire camera system.

The result of this collaboration, “Oppo | Hasselblad Camera for Mobile”, will be first introduced in the next generation of Oppo’s flagship Find X series in the first quarter of 2022.

Also Read: Meta lands in a soup, sued over facial recognition

Private story likes: Instagram changing how people interact to other’s stories

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Team My Mobile
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Instagram is continuously offering a better user experience by rolling out new features to make your social life go easy. It already has a feature where you can react to someone’s story and show your reactions. However, the same appears in their DM as well. Now think about the people you don’t want to talk to or you barely know, but because you’ve already sent them a DM, you now have to continue that awkward conversation with them. Hmm doesn’t feel good, right? Instagram has listened to your muted prayers, and guess what? To save you from these shunned conversations, Instagram has announced the right feature for you!

Private Story Likes

Instagram has announced a new feature on 14 February called the Private Story Likes. The feature will let you react to someone’s story without flooding their DMs with reactions and messages.

IGPrivateStoryLikes

Adam Mosseri, the head at Instagram, announced the news officially on Twitter. “So now, as you go through Stories, between sending a message and that little paper airplane, there will be a heart icon,” Adam Mosseri said in a video. “And if you tap on it, it’ll send the author of that story a like, and that like will show up in the viewer sheet, not in your DM thread with them.”

As indicated in the video shared by Mosseri, the new interface will show a heart icon when you’re viewing someone’s story, and once you tap it, it will send them a notification rather than a private message. The latest feature will also not show the count of likes and is built to be private only.

story-like

The feature is introduced to differentiate the regular Instagram posts from stories. As people are more active and like to interact on private stories, this has come just in time. Furthermore, the feature will help users to make it more fun and interesting to show appreciation and support for the content shared by their fellows. Also, it will not increase the number of unread messages or the ones you want to avoid, keeping your DM a little bit clean!

Also Read: It’s time to Take a Break : Instagram introduces new feature

Meta lands in a soup, sued over facial recognition

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Team My Mobile
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The office of Texas’ attorney general filed a lawsuit against Meta’s (FB.O) Facebook over violating of state privacy laws by collecting millions of Texans’ biometric data without their consent using facial-recognition technology.

The lawsuit accuses Facebook of collecting biometric information from photos and videos uploaded by users without their consent, disclosed the information to others and failed to destroy it within a reasonable timeframe.

Facebook face recognition

The lawsuit was first reported by the Wall Street Journal, which quoted a person familiar with the matter as stating that hundreds of billions of dollars in civil penalties will be sought.

A spokesperson from Meta said: “These claims are without merit and we will defend ourselves vigorously.”

Also Read: Tech NewsWrap: OnePlus reveals OxygenOS 13 in works… and more

POCO M4 Pro 5G phone to be launched today

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Team My Mobile
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POCO will launch its POCO M4 Pro 5G phone in India. The launch event will be live-streamed at 12 noon on YouTube. The all-new POCO M4 Pro 5G comes with an integrated 5G modem with 7 band support.

Key Specifications

The upcoming phone has 6.6 inch full-HD+ Dot Display with a 90Hz refresh rate. The phone has a MediaTek Dimensity 810 SoC along with up to 6GB of RAM and 128GB of storage.

According to the Company, the all-new POCO M4 Pro 5G is packed with a DCI-P3 Color Gamut, 90Hz refresh rate, and 240Hz touch sampling rate. It has 5,000mAh battery with 33W Pro fast charging.

Camera

Talking about optics, the new phone offers a dual rear camera setup that is headlined by a 50-megapixel primary sensor. There is an 8-megapixel ultra-wide shooter with a 119-degree lens. There is a 16-megapixel selfie camera on the front.

“It’s getting closer and closer! Join us for the live-stream launch (not on metaverse) of POCO M4 Pro 5G at 12 PM tomorrow (sic),” tweeted POCO India.

Also, Read Here: Vivo T1 5G goes on sale today – Check How to Grab?

Tech NewsWrap: OnePlus reveals OxygenOS 13 in works… and more

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OnePlus reveals OxygenOS 13 in the works

This year’s Open Ears Forum (OEF) will see the launch of the Android 13-based OxygenOS 13 on February 28 via a community forum post, according to OnePlus. An online conference with OnePlus users and officials will be held to discuss the company’s upcoming OxygenOS 13 platform. However, the announcement of OxygenOS 13 raises some questions regarding OnePlus’ OS aspirations. According to previous reports, the Unified OS, which is being developed by both OnePlus and Oppo, would be unveiled in the second half of 2022. If OnePlus does plan to release Oxygen OS 13, it is likely to coincide with the launch of the Unified OS platform.

Infinix Zero 5G goes official in India

Infinix Zero 5G

Infinix has unveiled its first 5G Smartphone – Zero 5G – in the Indian market. The brand has partnered with Reliance Jio for the testing of Zero 5G and has received stellar performance results. The refreshing new Infinix Zero 5G will be a complete package for users who are looking to buy a future-ready 5G phone with smooth performance at its support of 13 5G Bands, the maximum number of bands any smartphone has, along with some high-end features at a competitive price of INR 19,999.

Redmi 10 2022 unveiled in global markets

Redmi 10 2022

Redmi 10 2022 has gone official in the global markets. It is an upgraded version of its predecessor with the same moniker. The handset has been launched with key specs such as a 90Hz refresh rate, a MediaTek chipset, a massive battery and more. The India launch details of the Redmi 10 2022 have not been shared yet. To recall, the company recently launched the Redmi Note 11 and the Redmi Note 11S in the country.

Asus ROG Phone 5s, ROG Phone 5s Pro India launch today

Asus ROG Phone5S

Asus ROG Phone 5s and Asus ROG Phone 5s Pro is all set to launch in India today (February 15) at 12 pm through a virtual event. The launch event will be livestreamed on the company’s YouTube channel. Any further information about the phone is yet to be revealed. The smartphones, unveiled in August 2021, has Qualcomm Snapdragon 888+ SoC. Both the smartphones feature 6.78-inch Samsung AMOLED E4 displays with 144Hz refresh rate.

Also Read: Karnataka High Court quashes law banning online gaming: Here is how experts react

Karnataka High Court quashes law banning online gaming: Here is how experts react

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The Karnataka High Court (HC) on Monday struck down the amendments to the Karnataka Police Amendment Act in 2021 prohibiting certain online gaming activities. A division bench comprising Chief Justice Ritu Raj Awasthi and Justice Krishna S Dixit said that nothing in the judgment shall be construed to prevent an appropriate legislation in accordance with the constitution.

The bench declared certain provisions of the Karnataka Act number 28/2021, to the extent the provisions pertaining to regulate online gaming activities, to be ultra vires to the Constitution of India. “The consequences of striking down the provisions shall follow. However, nothing in this judgment shall be construed to prevent an appropriate legislation be brought about concerning the subject of betting and gambling, in accordance with the provisions of the constitution. A writ of mandamus is issued restraining the respondents from interfering with online gaming business and allied activities of the petitioners,” the bench said.

The state government by amending the Karnataka Police Act, 1963, had prohibited and criminalised playing of games of skill including online games by risking money or otherwise. The petitioners, including All India Gaming Federation, claimed that games such as poker, chess, rummy, fantasy sports are all games of skill and various court orders have categorically differentiated games of chance and games of skill.

Commenting on the HC’s judgment, Roland Landers, CEO, All India Gaming Federation stated, “India is the fifth largest online gaming market globally and skill-based gaming, a sunrise sector, is giving birth to an increasing number of unicorns within the country, especially in Karnataka. The sector has been a strong financial contributor to the Indian economy even during an unprecedented period of slowdown and is further expected to generate revenues in excess of $ 3 billion by 2025. As the apex industry body for online skill gaming, AIGF welcomes the judgment passed by the court that strikes down the Law banning Online Games. Coming in succession of the positive judgments for online skill gaming by the Kerala and Madras HC in 2021, this is a step in the right direction to grow the burgeoning gaming industry.”

Furthermore, with the Finance Minister’s announcement of Animation, Visual Effects, Gaming and Comic (AVGC) task force that will give a major boost to the game development sector, we look forward to bringing in massive employment, through direct and indirect jobs and becoming a meaningful contributor. AIGF and the skill games council of domain experts will be happy to assist various stakeholders in playing a consultative role in the formation of a regulatory framework for the industry.”

“The verdict by the HC, is yet another validation of what the online skill gaming industry has always maintained that we are legitimate business activity protected under the Constitution of India. This is the third High Court judgment, Tamil Nadu and Kerala verdicts, being the earlier ones, in the last seven months that has held a ban on skill gaming as Ultra Vires the constitution. We hope that these judgments can nudge state governments to frame progressive policy and regulatory structure for this sunrise sector,” said Dinker Vashisht, Vice President Corporate and Regulatory Affairs, Games24x7.

Welcoming the Karnataka HC’s judgment, Ankur Singh, CEO & Founder of Witzeal Technologies Pvt. Ltd, said, “. This move is in line with the initiatives proposed by the FM in the Union budget to set up an AVGC task force and will further help in giving a much-needed push to gaming companies and developers. Moreover, the move will provide immense opportunity for the employment of youth by building internal capabilities to cater to domestic and international demands.”

“It’s a great day for the RMG industry. This segment is being recognised again and again specially from top judicial institutions of the country. Even the central government has been showing support to the gaming industry as seen in the recent budget presented by the FM. I am sure all state governments will also support the industry to realize its true potential, both for employment opportunities and revenue generation which can also be a big contributor to the GDP. This will also boost the investor sentiment towards the segment,” said Puneet Singh, Co-founder and COO, Baazi Games.4

Also, Read Here: OnePlus offers discounts on phones and accessories in February to celebrate Valentine’s Day

 

OnePlus offers discounts on phones and accessories in February to celebrate Valentine’s Day

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Team My Mobile
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Phones and gadgets have become popular gifting items on anyone’s special day and Valentine’s Day is among one of them. If you are planning to gift a phone or any gadget to your valentine, here is the list of offers and deals that can be helpful for you. OnePlus is giving offers on its products through e-commerce platforms and retail stores.

OnePlus 9RT

Oneplus is offering up to Rs 4,000 off on its OnePlus 9RT model to customers who use an Axis Bank or ICICI credit or debit card through Amazon and offline stores of OnePlus. Exchange offer upto Rs18,000 is also available on OnePlus 9RT 5GThe phone priced Rs42,999 at Amazon. American Express cardholders will get a 10% rebate on the OnePlus 9RT.

OnePlus Nord 2 PAC-main edition

Amazon.in, the OnePlus India website, and the OnePlus Experience stores are giving upt Rs 5000 off on OnePlus Nord 2 5G Pac-Man Edition. The phone has 12 GB RAM and 256 GB storage for Axis Bank credit or debit card EMI.

Earbuds

OnePlus bullets wireless Z series is available at 8% off during Valentine’s Day sale. You can get this earphone for Rs 1999. OnePlus Buds Z2 and OnePlus Buds Pro are available at 16% off at Rs 4,999 and Rs 9,990, respectively. While Onelus Type-C bullets earphone are available at 12% off at Rs 1299

Wearables

OnePlus watch and OnePlus Band is available at 11% and 39% off. You can get these wearables at Rs14, 999 and 1699, respectively.

There is a discount of Rs 1000 on the OnePlus Watch if you pay using Axis Bank credit or debit cards. This promotion is applicable on Amazon, Flipkart, OnePlus.in, and partner retailers in India.

Also, Read Here: Vivo T1 5G goes on sale today: Here’s the detail

Flipkart launches sell back option for used smartphones: Know how to use it!

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Team My Mobile
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Confused about what to do with your old mobile phones? You might just wish to discard them or give them to your kids, but what if we tell you you can actually get amazing benefits by trading in your old smartphones. If your answer is yes, then Flipkart has just launched something interesting for you!

Flipkart has announced the Sell Back Programme, inviting users to sell their used smartphones. The programme includes all the mobile phones, whether purchased via Flipkart or not. The feature is believed to show in the additional category section later this year.

The Sell Back Programme on Flipkart follows after the recent acquisition of Yaantra, a brand that repairs and sell refurbished devices like smartphones and laptops.

“With Flipkart’s Sell Back Programme, we aim to help organise this market. As the Indian consumer electronics industry witnesses rapid growth, this programme will further our efforts towards reducing the generation of e-waste, which is a crucial step in creating a sustainable economy,” Prakash Sikaria, Senior Vice President and Head of Flipkart’s Growth Charter.

The Programme is live across 1,700 pin codes, including Delhi, Kolkata, and Patna.

How to use it?

flipkart

You can easily use the feature in below mentioned four simple steps:
Step 1: Visit the Flipkart app and select Sell Back appearing in the bottom bar.
Step 2: Answer three easy questions to assess the value of your device.
Step 3: After user confirmation, the executive will pick up the product within 48 hours.
Step 4: After the successful pickup, you will receive a Flipkart voucher within a few hours (based on the sell-back value).

We have seen rapid growth in the re-commerce market of India, remember OLX, right? Maybe this is the time for it to expand and become more organised with huge brands like Flipkart.

 

 

Vivo T1 5G goes on sale today: Here’s the detail

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Team My Mobile
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Smartphone brand Vivo today announced the sale availability of the newly launched Vivo T1 5G that offers multi-dimensional performance and turbo speed.

Vivo T1 5G will be available from Rs 14,990 on Flipkart, Vivo India E-store, and across mainline retail partners starting today, February 14, 2022. Customers can avail great deals and attractive financing options during the sale.

Vivo T1 5G

Vivo T1 5G is the first smartphone in Series T recently launched in India. The all-new Series T is designed to meet the needs of aspiring Gen Z users and young millennials. It comes with Snapdragon 695 5G chipset with 6nm chipset and offers a slim design of 8.25mm with a 2.5D flat frame. The smartphone also offers an AnTuTu score of 4,00,000+ and comes with a 120Hz refresh rate + 240 Hz Touch Sampling Rate. T1 5G is a perfect companion for those who aspire to outperform each day.

Also Read | Vivo V23 Pro 5G or Vivo T1 5G: How these siblings compare against one another?

It has a massive 5,000mAh battery that supports 18W fast charging to keep up with our customers’ fast-paced lives. The rear camera on the Vivo T1 5G features a 50MP primary sensor, a 2MP super macro camera, and a 2MP bokeh camera, which helps to redefine high-definition photography. The five-layer liquid cooling technology on T1 5G drops down the core temperature by 10°C, bringing you a cool and stable gaming experience.

Pankaj Gandhi, Director, Online Business, Vivo India said, “We are delighted to announce the sale of all new vivo T1 5G in India. At vivo, we focus on technologies that improve our customers’ experiences. This multidimensional smartphone with turbo speed will enrich the user experience for our digital-savvy consumers.”

Vivo T1 5G comes in two vibrant colors – Starlight Black and Rainbow Fantasy. Priced at INR 15,990 (4 GB + 128 GB), INR 16,990 (6GB + 128 GB), and INR 19,990 (8 GB + 128 GB). The product will be available with the following attractive offline and online offers:

vivo T1 5G Offers

Also Read: Infinix launches its first future ready 5G smartphone Zero 5G: Details inside

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