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• PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal

  Motilal Oswal added that meeting these targets would require brands to increase production rapidly, supported not only by domestic demand but also by a sharp rise in exports. The brokerage believes Dixon has the brand-level scale needed to satisfy these conditions.

  

• India's semiconductor market may reach $155 bn by CY31, remains import-dependent across categories: Report

  The report identified several enablers for this transition, including the Chip-to-Startup (C2S) programme, Design Linked Incentive (DLI), Global Capability Centres (GCCs), semiconductor projects and government support. It noted that Tata-PSMC's Dholera 28nm fab and projects involving Micron, Tata, Kaynes and CG Semi are expected to strengthen India's semiconductor manufacturing and packaging ecosystem.

  

• Taiwan indicts nine over alleged illegal export of AI servers to China

  In a statement, ​the prosecutors ​in the northern port city ⁠of Keelung said the defendants, whose full names ​they did not state, were "fully aware" ​that both Nvidia and Super Micro have "rigorous internal control procedures" regarding exports.

  

• Xiaomi launches new Xring chip, partners with TSMC for production

  One of the sources said the chip is ​expected to power Xiaomi's upcoming flagship folding phone, with ​a shipment target of 200,000 to 300,000 units.

  

• Workers in China worry over being replaced as they adapt to the growing impact of AI on jobs

  Rapid adoption of AI in many fields, from computer programmers to script writing and physical tasks, is pushing people out of their jobs or leaving them afraid that it might. China is at the vanguard of AI adoption as government policies encourage people and businesses to use AI applications and robotics in all aspects of life, so people like Fei are figuring out how to adapt.

  

• South Africa telco MTN's half-year adjusted profit rises more than 21%

  Group service revenue, excluding the effect of currency fluctuations, grew 17.5% to 115.3 billion rand ($7.21 billion), led ‌by strong performances in MTN Nigeria, up 25.7%, MTN Ghana, up 32.3%, ​and growth ​in Cameroon, ⁠Uganda and Cote d'Ivoire.

  

• ₹62,500-crore phone manufacturing scheme to boost DVA, foster champion Indian brands: Executives

  MPMS aims to double the domestic production (by value) to ₹15 lakh crore during the scheme period, from around ₹7.5 lakh crore under the previous scheme. Under the guidelines, any existing brand will be required to meet the minimum threshold sales of ₹5,000 crore every year over and above the total sales of FY26 to be eligible for benefits under the scheme.

  

• Samsung Electronics shares skid as record shareholder returns disappoint

  Samsung said on Friday this ‌year's shareholder returns ⁠would ⁠be 90 trillion won to 110 trillion won ($65 billion to $80 billion), including 30 trillion won in cash dividends in the third quarter.

  

• Robots can outrun humans, but can they plug in a cable?

  On Saturday, two robots ran faster than Usain Bolt's 9.58-second world record in the 100-meter sprint. That was ​a sharp improvement from 2025, when the winning robot's time was more than 20 seconds. Braking was an issue, as the machines slammed into a thick mat that organizers placed several metres after the finish line.

  

• Bengaluru engineers build affordable AI PC 'KEO'

  The Made-in-Karnataka device has been developed as an alternative to systems based on ARM and x86 architectures, which are widely used across personal computers and other computing devices.

  

• Nvidia customers notified about AI-related price hikes above 15%: Report

  Companies that build servers under contract for large data center operators such as Microsoft, Alphabet ‌Inc.'s Google and Oracle have recently informed their customers of the upcoming increases, ​the report ​added.

  

• Compute capacity is foundational infra of the AI era, says Google India's VP & country manager Preeti Lobana

  Indian organisations have swiftly moved past early proof-of-concept stages directly into full-scale operational deployments, she said. Citing Tata Steel as an example, she explained how the steelmaker deployed 300 specialised AI agents within nine months to optimise invoicing and elevate shop-floor safety.

  

• Innovation must remain sustainable, people-centric: Scindia at BRICS Communication Ministers' Meet

  "Today, the world stands at the cusp of a profound technological transformation. AI, Next Gen Networks, SATCOM, Cloud Computing and advanced Digital Infrastructure are reshaping economics and societies. We must ensure that innovation remains secure, inclusive, sustainable and people-centric," he added.

  

• GX Group's advanced photonics facility to commence operations from Dec

  Starting manufacturing from December marks an important next step in our ambition to build advanced photonics capabilities in India. With the creation of around 200 highly skilled jobs, the facility will not only strengthen domestic manufacturing and value addition but also develop specialised engineering talent in a high-technology sector, Prajapati said.

  

• Memory stocks face headwinds as 'smart money' walks out

  While Sandisk Corp, Micron Technology, Western Digital Corp and Seagate Technology Holdings remain among the top-performers in the S&P 500 Index this year, the shares are way off their highs. Now they appear to be stuck, trading around where they were in May.

  

• Apple cuts jobs across Siri, Vision Pro, software engineering teams: Report

  The workforce reduction impacts more than 200 employees, with approximately 100 positions eliminated from the Vision Pro group and another 100 cut across Siri and software engineering teams.

  

• Apple paid 40% of its global taxes to Ireland in last fiscal year

  Apple said the amount paid to ​Ireland was "significantly higher" than income taxes accrued as ​it included €13 billion ($15.18 billion) in back taxes that it was ordered ​to pay Ireland by ⁠European Union's ‌top court in 2024.

  

• India-designed mobile phones likely in 10-14 months under MPMS; no place for copycats: Ashwini Vaishnaw

  "In this target segment of developing Indian brands, we are very particular that the design has to be your own design. It cannot just be a copycat. They have to come up with the design and prove that the IP is their own. We see three players who have the potential of coming up in a time frame of, let us say, about 10-14 months from now," Vaishnaw said.

  

• CBI files supplementary chargesheet in Reliance Communications ₹1,200-crore loan case

  The agency said its investigation revealed that Jhunjhunwala, who "enjoyed pivotal position in the group", acted in pursuance of a criminal conspiracy to "cheat State Bank of India to dishonestly and fraudulently avail a term loan of ₹1200 crore" for Reliance Communications Ltd and Reliance Infratel Ltd.

  

• India Inc’s got all it takes to roll out ‘World+1’ model, says Kumar Manglam Birla

  The group is currently in the midst of investments worth $30 billion spanning its various divisions — metals, cement, telecom, renewable energy, green fibre and carbon black.