The semiconductor industry is actively seeking additional support as India aims to expand its chip ecosystem. This move comes as semiconductor ecosystem players appeal for incentives to achieve their chip-related objectives. Neil Shah from Counterpoint Research highlighted the importance of strengthening materials, equipment, and R&D within fabs to drive the industry forward. Rajoo Goel of ELCINA emphasized the need for improved incentives in ISM 2.0 to further boost demand in the semiconductor sector.
On a different note, Howard Morgan cautioned against overheated valuations in AI startups, warning that the ‘buy high, sell higher’ strategy is risky in a bubble scenario. The article also touches upon recent funding developments, such as AI startup valuations soaring due to rapid revenue growth and organic dairy and clean-label food startups securing significant investments.
Additionally, amidst the industry trend, Apple witnessed a notable 23% increase in China smartphone sales, contrasting with Oppo and Vivo’s decision to raise prices on specific models. The article suggests that more price hikes could be on the horizon as brands assess consumer demand in anticipation of upcoming product launches.
Source: Tech-Economic Times