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Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more
Zetwerk and SMILE to unveil new IT hardware factories in India
Zetwerk has committed Rs 10 billion to enhance electronics system design and manufacturing (ESDM) capabilities in India.Read more
Wipro to exit PC manufacturing business; focus on IT solutions
Wipro manufactures personal computers, including desktops and laptops, as part of information technology (IT) services contracts with various companies and government agencies in India. Read more
First IPF Industrial Excellence Forum (IIEF) lauds innovations in 5 categories
The first IIEF hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards, the IIEF recognised new product innovations to upholding ‘Make In India’. The IIEF was hosted virtually and received favourable industry responseRead more