Tech
Taiwan seeks bigger tech presence in India as US demand rises, trade body chief says
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Taiwan is seeking to double its exports of chips and electronics to India over the next five to seven years as smartphone shipments from the country ramp up thanks to demand from the U.S., the head of the island’s main trade body said.
India’s smartphone exports to the U.S., which are currently exempt from elevated tariffs, jumped nearly 40% from a year earlier to $8.43 billion in the first five months of the fiscal year that started in April, according to industry estimates, driven largely by demand for Apple’s iPhones.
“Electronic industries are…
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