Foxconn reportedly to manufacture iPhone enclosures in India, expands Tamil Nadu presence

Foxconn is preparing to manufacture iPhone enclosures in India for the first time, marking a significant expansion of its local operations. According to sources cited by the Economic Times, the company plans to set up a dedicated unit at the ESR Industrial Park in Oragadam, Tamil Nadu, adjacent to its upcoming display module assembly plant.

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SK Hynix widens lead over Samsung as HBM race accelerates

South Korea’s top chipmakers, SK Hynix and Samsung Electronics, are heading into 2025 with dramatically diverging fortunes, as the global race for AI-driven memory dominance accelerates. Fueled by surging demand for high-bandwidth memory (HBM), SK Hynix is expected to outpace Samsung’s semiconductor division by nearly KRW13 trillion in first-half 2025 operating profit, according to industry estimates.

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Soaring AI electricity demand challenges South Korea’s energy policy

The rapid growth of the global generative AI industry has sharply increased electricity demand, straining national power grids and energy security worldwide. South Korea faces particular challenges in maintaining a stable power supply amid rising consumption. President Lee Jae-myung’s recent energy policies addressing this issue have drawn significant attention domestically.

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