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Ericsson will shut its R&D centre in Nanjing, one of five research centres in China, and transfer 630 employees to Finnish software provider TietoEVRY, which agreed to hire the staff.
Amazon to make devices in Chennai, cut China sourcing
Delfast to transfer e-bike production from China to Ukraine
Samsung completes shifting of display manufacturing unit from China to UPs Noida.
Hyundai has asked its vendors, including Continental ,Aptiv and others, to increase production in India and cut their dependence on China. Good news for automotive manufacturing ecosystem in India.
Nine Apple units shifted to India from China during Covid period.
Samsung to invest Rs. 4825 crore to shift China mobile display factory to India.