DMI Finance Raises $400 Million from Japan’s MUFG Bank
Non-banking finance company (NBFC) DMI Finance said on Monday it had raised $400 million in an equity funding round led by Japan’s MUFG Financial Group....
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Glance Grows by 30% YoY to Reach 183 Million in Q1 2022
According to Counterpoint Research Quarterly Mobile Application Tracker, the active users of Glance base in India is 30 per cent on a yearly basis to...
Govt Approves Proposed Investments of Rs 86,824 Crore for Electronics Manufacturing
The Ministry has approved a total of 314 applications for investment in Electronics and IT, Government of India. The revised special incentive package scheme has...
Samsung Launches South Korea’s First Private 5G Network
Samsung has built the first private 5G commercial network for cloud-based autonomous robots. On Thursday, the South Korean giant partnered with NAVER Cloud to develop...
Chennai Declared World’s Cheapest FDI Location For Electronics R&D
In a significant boost to the Tamil Nadu government’s push for new investments, Chennai was ranked as the world’s cheapest Foreign Direct Investment (FDI) location...
US Plans Semiconductor Alliance With Taiwan, South Korea, and Japan
The US has proposed a semiconductor industry alliance between the United States, Taiwan, South Korea, and Japan to stop China from gaining dominance in the...
Samsung to Invest Rs 1,588 Crores in Compressor Plant in TN
Samsung will set up a compressor plant at an investment of Rs 1,588 Crores in Tamil Nadu. Extended over 22 acres, the new plant will...
Google Announces Android 12L OS to Samsung, Lenovo & Microsoft Devices
Google has declared that it will introduce the Android 12L Operating System (OS) to Samsung, Lenovo and Microsoft devices by the end of this year....
Samsung TVs to Allow Buying & Trading NFT
Samsung has disclosed its newest Micro LED, Neo QLED and Lifestyle TVs ahead of Consumer Electronics Show 2022 (CES 2022). These smart TVs come with...
Samsung Skips Telecom PLI Scheme
Samsung has not applied for the production-linked incentive scheme for telecom gear manufacturing, while Swedish telecom gear maker Ericsson participates through its vendor Jabil Circuit....