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Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giants
Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the AI trade.
Amber Group eyes $2 billion revenue milestone soon; invests Rs 6,750 crore in UP projects
Amber Group is poised to reach USD 2 billion in revenue soon, fueled by robust growth in its consumer durables, electronics, and railway/defence sectors. The company recently broke ground on a significant Rs 6,785 crore manufacturing expansion in Jewar, Uttar Pradesh. This includes a crucial PCB and semiconductor substrate unit via a joint venture, alongside an expanded air-conditioner complex, aiming for import substitution and future exports.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG Electronics, TD Power Systems, and Inox India.
Consumer companies ramp up festive production on demand hope
Leading electronics contract manufacturers such as Dixon Technologies and PG Electroplast highlighted a "high" double-digit increase in orders across categories including televisions, lighting products, washing machines, and refrigerators. PG Electroplast, which supplies to brands such as LG, Midea, Voltas, Whirlpool, and Daikin, said its festive order book has grown by 40% over last year. Dixon counts Samsung, Xiaomi, Haier, and Philips among its customers.
ET Graphics: From budget to premium, gadget Prices Rise
Indian consumers are facing a significant price hike on smartphones, laptops, and tablets, impacting both budget and premium devices. This surge is primarily due to a global shortage of essential memory chips, as manufacturers divert production towards lucrative AI data center components. A weakening rupee further exacerbates this inflationary trend, making electronics increasingly expensive for the masses.
Foxconn infuses Rs 351 crore into India arm
In a substantial development, Taiwanese electronics powerhouse Foxconn has committed an impressive USD 37.2 million (around Rs 351 crore) to its Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited.
Apple supplier Tata Electronics tightens internal controls after data breach
Tata Electronics is investigating a massive data leak on the dark web, reportedly exposing thousands of secret client files from Apple and Tesla. The company has restricted internal system access, hired a global consultant for a forensic audit, and informed authorities and clients. Apple's security team is actively collaborating with Tata on mitigation efforts following this significant cybersecurity incident.
JioMart's Digi Utsav sale kicks off June 28 with discounts on 5G phones, electronics - details here
Customers can enjoy deals on products like mixers and smartphones, with prices starting as low as Rs.299. Offers are valid until June 30, 2026.
Apple Hikes MacBook, iPad Prices By 20-42%: Check Revised India Rates
Price increases for consumer electronics are already widespread across the industry.
RIL, BEL, Lenskart, Delhivery among Motilal Oswal's top monthly picks
Top monthly stock picks by Motilal Oswal Wealth Management Research Desk: Analysts are bullish on Reliance, Bharat Electronics, ACME Solar, Delhivery, Gokaldas Exports and Lenskart.
LG Electronics India closes trading window ahead of Q1FY27 results - scanx.trade
LG Electronics India closes trading window ahead of Q1FY27 resultsscanx.trade
Tata Electronics hit by cyberattack: Apple investigates alleged leak of sensitive files linked to iPhone maker, Tesla
Tata Electronics reported a cybersecurity incident after a ransomware group leaked data online, including documents linked to Apple and Tesla. Here's what we know so far.