In response to the growing corporate demand for generative AI, Japanese electronics giant Hitachi announced in 2024 that it has signed a three-year partnership contract with Microsoft. This partnership enables users of Hitachi’s Lumada platform to leverage Microsoft’s services, prominently featuring generative AI. Additionally, it establishes a talent development system poised to potentially create a multibillion-dollar global market.
In recent years, Fan-Out Panel-Level Packaging (FOPLP) technology has become a rare opportunity for OSATs and other industry participants to compete with TSMC, Samsung Electronics, and Intel in the advanced packaging field.
Even since the US imposed sanctions on China, South Korean manufacturers have been storing old equipment in warehouses, incurring annual rental fees exceeding KRW20 billion (approx. US$14.6 million).
As Xiaomi is expected to celebrate its tenth anniversary in entering India in July, the company is strategizing to pivot towards premiumization, AIoT, ecosystem integration, and local manufacturing to reclaim its leadership position in the country.
Bangalore, often dubbed India’s Silicon Valley, has long been the heart of the country’s semiconductor industry, attracting heavyweight corporations and pioneering startups. This vibrant hub has been integral to India’s technological ascendancy for years.