Category: Hardware

Recent data from the government-run Vahan portal reveals a notable decline in market share for Bengaluru-based electric vehicle (EV) maker Ola Electric, led by Bhavish Aggarwal. The company sold 10,118 electric two-wheelers in March 2026, capturing only 5.4% of the market, a significant drop from the 22.1% share it held in April 2025.

This shift in market dynamics signals a changing landscape in India’s electric two-wheeler sector, with traditional automakers making headway as Ola Electric faces challenges in maintaining its previous market dominance. As legacy manufacturers strengthen their presence in the EV market, competition is intensifying, potentially driving further innovation and technological advancements in electric mobility.

While Ola Electric’s market share decline reflects evolving consumer preferences and competitive pressures, it also underscores the importance of continuous innovation and strategic adaptation in the rapidly evolving electric vehicle industry. This trend highlights the need for companies to stay agile and responsive to market dynamics to remain competitive in the ever-growing EV sector.

Source: Tech-Economic Times

Singapore authorities have charged Jenny Lim in connection with a fraud case involving false representations made to U.S. server supplier Dell Technologies. Lim is accused of conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie to mislead Dell regarding the end-user of servers purchased from the company. This development follows previous charges against the two individuals in February last year for similar offenses.

The servers in question were suspected to contain Nvidia chips, with investigations revealing that these servers, supplied by Dell and Super Micro Computer to Singapore-based companies, were eventually sent to Malaysia. The case raises concerns as the United States restricted the export of high-end Nvidia chips to China in 2022 over military use apprehensions, later allowing sales under specific conditions.

In recent financial disclosures, Singapore emerged as Nvidia’s second-largest market after the United States in 2024, accounting for a significant portion of the chipmaker’s revenue. However, Singapore clarified that only a minimal percentage of Nvidia’s chips were physically deployed in the country’s data centers. The situation underscores the complexities of global chip supply chains and export regulations.

Meanwhile, separate charges in the U.S. implicated individuals associated with Super Micro, alleging involvement in the illegal transfer of over $2.5 billion worth of U.S. AI technology to China, violating export laws.

Source: Tech-Economic Times

Intel, a prominent player in the tech industry, has announced plans to repurchase a significant stake in its Ireland manufacturing plant. This strategic decision reflects the company’s strong financial position and the increasing demand for its processors, particularly driven by the advancements in artificial intelligence (AI) technology.

The buyback, amounting to $14.2 billion, will be financed through a combination of cash reserves and new debt. By regaining control of its manufacturing capabilities, Intel aims to bolster its profitability and enhance its credit standing, setting a positive trajectory for its operations in the coming years.

This move underscores Intel’s commitment to fortifying its position in the competitive tech landscape, leveraging its expertise in processor manufacturing to meet the escalating market needs, especially in the AI sector. As AI applications continue to proliferate across various industries, Intel’s focus on strengthening its production capacity aligns with the growing trend towards AI-driven solutions in the tech ecosystem.

Source: Tech-Economic Times

Chinese chipmakers are making significant inroads into the local market, with nearly half of the market now claimed by domestic companies as Nvidia’s dominance diminishes. This trend follows Beijing’s growing caution over reliance on foreign chips, driven by multiple rounds of U.S. export controls that restricted China’s access to Nvidia’s advanced products.

This shift highlights China’s push towards adopting homegrown alternatives in the semiconductor industry. Government agencies and businesses are increasingly turning to domestic chipmakers to reduce dependency on foreign technologies, particularly in the face of geopolitical uncertainties.

As Chinese chipmakers strengthen their position, the landscape of the local market is evolving. This development not only reflects technological advancements within China but also underscores the country’s strategic efforts to enhance its semiconductor self-sufficiency.

Source: Tech-Economic Times

Taiwan Semiconductor Manufacturing Company (TSMC) has announced plans to commence mass production of cutting-edge 3-nanometer chips at its second fabrication plant in Japan. This decision was revealed by TSMC CEO CC Wei during a meeting with Japan’s Prime Minister Sanae Takaichi, setting the stage for advanced chip manufacturing capabilities in the region. The company’s revised strategy outlines that the Japanese facility will have a monthly production capacity of 15,000 12-inch wafers utilizing state-of-the-art 3-nanometer process technology.

This move signifies TSMC’s commitment to staying at the forefront of semiconductor innovation and meeting the increasing demand for high-performance chips. By expanding its production footprint to Japan and leveraging the latest fabrication processes, TSMC aims to address the growing needs of various industries that rely on advanced semiconductor solutions.

With the 3-nanometer chip production slated to begin in 2028, TSMC is positioning itself to deliver next-generation chips that offer enhanced performance and efficiency, catering to the evolving requirements of tech enthusiasts and industry professionals alike.

Source: Tech-Economic Times

Indian Prime Minister Narendra Modi recently inaugurated a Rs 3,300 crore semiconductor plant by Kaynes Technology in Sanand, Gujarat, marking a significant milestone in India’s efforts to enhance its domestic chip ecosystem. The facility’s commencement of production underscores the country’s aspirations to become a key player in semiconductor manufacturing and contribute to the global supply chain.

The Kaynes Semicon facility’s commercial operation from day one, with products already booked for export, showcases the immediate impact of this investment. PM Modi highlighted that the modules produced in Sanand will not only serve American companies but also power industries worldwide, aligning with India’s ‘Make in India, Make for the World’ vision.

This development signifies a crucial step towards establishing a robust semiconductor ecosystem in the country, contributing to India’s self-reliance goals and the ‘Make in India’ initiative.

Source: Tech-Economic Times

Taiwan has initiated investigations into 11 Chinese firms for suspected illegal poaching of semiconductor and high-tech talent. This move comes as Taiwan intensifies efforts to restrict technology outflows, especially in the context of escalating geopolitical tensions with Beijing.

The probe focuses on alleged attempts by the Chinese companies to lure skilled tech professionals away from Taiwan, a region known for its expertise in the semiconductor industry. By safeguarding its tech talent pool, Taiwan aims to protect its technological advancements and prevent brain drain to rival tech hubs.

These investigations highlight the critical role of talent retention in the technology sector, where skilled individuals drive innovation and competitiveness. As countries worldwide strive to nurture and retain top tech talent, issues of talent poaching and retention have gained prominence.

Efforts to prevent unauthorized talent transfers underscore the significance of talent management strategies in maintaining technological leadership. The outcomes of these investigations could have broader implications for cross-border talent acquisition practices in the tech industry.

Source: Tech-Economic Times

The Ministry of Electronics and Information Technology (MeitY) has approved 29 proposals worth Rs 7,104 crore ($860 million) under the Electronic Component Manufacturing Scheme. The selected firms include industry leaders like Foxconn, TDK subsidiaries, Dixon, Syrma SGS, and NeST Group.

These projects aim to generate an estimated Rs 84,515 crore ($10.3 billion) in production value and create around 14,246 job opportunities in India. The initiatives cover a wide range of electronic components, from rare-earth magnets to flexible PCBs, showcasing the government’s efforts to bolster domestic manufacturing capabilities and establish India as a hub for high-quality electronic components.

By fostering partnerships with key industry players, the government is laying the groundwork for a more self-reliant and technologically advanced ecosystem within the country.

Source: Tech-Economic Times

Iluvatar CoreX, a Chinese GPU designer, experienced a remarkable 92% increase in revenue during 2025, as reported by Tech-Economic Times. The surge in revenue was primarily driven by growing demand for local AI chips among customers. Notably, the company’s general-purpose GPU business exhibited robust performance, reflecting China’s emphasis on developing domestic alternatives in the AI hardware sector. Iluvatar CoreX has expanded its clientele to more than 340 clients spanning various industries.

Source: Tech-Economic Times