suppliers

Apple’s Taiwan suppliers, Samsung apply for India’s smartphone scheme

NEW DELHI (Reuters) – Apple Inc’s (AAPL.O) Taiwan contract manufacturers Foxconn (2317.TW), Wistron Corp (3231.TW) and Pegatron Corp (4938.TW) have applied for India’s $6.65 billion scheme to boost local smartphone manufacturing, the country’s tech minister said on Saturday.

FILE PHOTO: People wear masks to protect themselves from coronavirus disease (COVID-19), while listening to the annual general meeting at the lobby of Foxconn’s office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann Wang/File Photo

The production-linked incentive (PLI) plan offers companies cash incentives on additional sales of devices made locally over five years, with 2019-2020 as the base year. India hopes it will help turn the country into a global smartphone export hub like neighbouring China.

Apple already assembles some its smartphones, including the iPhone 11, via Foxconn and Wistron’s local unit in two southern Indian states.

Pegatron, one of Apple’s top suppliers, has

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EU countries must urgently diversify 5G suppliers, Commission says

BRUSSELS (Reuters) – EU countries must take urgent action to diversify their 5G suppliers, the European Commission said on Friday, a move set to shrink Huawei’s [HWT.UL] presence in Europe as the United States pressured the bloc to follow Britain and ban the Chinese company from 5G networks.

FILE PHOTO: European Union flags flutter outside the European Commission headquarters ahead of an EU leaders summit at the European Council headquarters, in Brussels, Belgium July 16, 2020. REUTERS/Yves Herman

In November last year, the European Union agreed to take a tough line on 5G suppliers to reduce cybersecurity risks to next-generation mobile networks, seen as key to boosting economic growth and competitiveness.

The strategy included reducing countries’ and telecoms operators’ dependency on one supplier. World No. 1 telecoms equipment maker Huawei competes with Finland’s Nokia and Sweden’s Ericsson.

While some progress has been made, a lot of work needs to be

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Urgent need for EU countries to diversify 5G suppliers, Commission says

FILE PHOTO: European Union flags flutter outside the European Commission headquarters ahead of an EU leaders summit at the European Council headquarters, in Brussels, Belgium July 16, 2020. REUTERS/Yves Herman

BRUSSELS (Reuters) – EU countries must take urgent action to diversify their 5G suppliers, the European Commission said on Friday, amid U.S. pressure on the bloc to follow Britain and ban China’s Huawei [HWT.UL] from 5G networks.

In November last year, the EU agreed to take a tough line on 5G suppliers to reduce cybersecurity risks to next-generation mobile networks, seen as key to boosting economic growth and competitiveness.

The strategy included reducing countries’ and telecoms operators’ dependency on one supplier. World No. 1 telecoms equipment maker Huawei competes with Finland’s Nokia and Sweden’s Ericsson.

“Progress is urgently needed to mitigate the risk of dependency on high-risk suppliers, also with a view to reducing dependencies at (European) Union level,” the

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Factbox: Deals by major suppliers in the race for 5G

(Reuters) – Despite coronavirus lockdowns hitting global supply chains and construction projects, telecommunication firms have continued to contract equipment from Chinese technology giant Huawei [HWT.UL], Finland’s Nokia (NOKIA.HE) and Sweden’s Ericsson (ERICb.ST) to build fifth-generation technology (5G) networks, which are expected to power everything from high-speed video transmissions to self-driving cars.

FILE PHOTO: 3D-printed objects representing 5G are put on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic /Illustration/File Photo

Smartphone vendor Samsung (005930.KS) and chipmaker Qualcomm (QCOM.O) are among others vying for a slice of the pie.

For a graphic on 5G networks, click on: tmsnrt.rs/32tVdMI

The following are some of the most significant developments and deals clinched by the top three suppliers:

HUAWEI

June 15 – After blacklisting Huawei last year amid security concerns, the United States confirmed it will amend prohibitions on U.S. companies doing

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