
Xiaomi has contracted TSMC to manufacture its proprietary 3nm Xring O3 processors, marking a strategic shift toward silicon independence for its upcoming flagship foldable smartphones.
The Indian government has notified the ₹62,500 crore Mobile Phone Manufacturing Scheme, offering up to 5% incentives to boost local electronics manufacturing and supply chain localization.
Kaynes Technology, which inaugurated a ₹3,307 crore OSAT plant in Sanand on March 31, 2026, is scaling capacity amid a record order book expansion to ₹8,903.8 crore.