Tag: Google

Google moves Pixel smartphone production to India
Business News, Feature, National News

Google moves Pixel smartphone production to India

New Delhi, April 22,2025.Alphabet Inc., Google's parent company, is actively discussing plans with Indian manufacturers Dixon Technologies and Foxconn to move part of its Google Pixel smartphone production from Vietnam to India. The main goal? To avoid potential high tariffs on products imported from Vietnam to the United States.The discussions started around two weeks ago, according to industry insiders. This move comes as the US considers imposing steep tariffs on Vietnamese goods up to 46% while India's tariff stands at 26%. Though a 90-day pause on these tariffs was announced on April 9, the base 10% tariff remains. China, meanwhile, continues to face the highest tariff at 145%.To reduce risks from such policy shifts, Alphabet is fast-tracking its plans to diversify Pixel p...
Google to buy minority stake in Flipkart in fresh funding round
Business News, Feature

Google to buy minority stake in Flipkart in fresh funding round

New Delhi, May 24, 2024.Internet major Google has proposed an investment in e-commerce major Flipkart to buy a minority stake during the company's fresh funding round, the Walmart group firm said on Friday."As part of the latest funding round led by Walmart, Flipkart today announced that it will be adding Google as a minority investor, subject to receipt of regulatory and other customary approvals by both parties," Flipkart said in a statement.The e-commerce firm, however, neither disclosed the amount proposed to be invested by Google nor the details of the fund being raised by the firm.
Google plans to invest billions in Tamil Nadu for smartphone plant
Business News, Feature, National News

Google plans to invest billions in Tamil Nadu for smartphone plant

New Delhi, May 24, 2024.Google plans to invest billions of dollars in Tamil Nadu, to establish smartphone manufacturing facilities, reported Bloomberg.The tech giant has set its sights on Tamil Nadu in its bid to expand manufacturing operations within the nation.Google intends to start the assembly of Pixel phones in the state, setting up fresh production lines in collaboration with Taiwanese contract manufacturing partner Foxconn Technology Group, according to sources familiar with the matter quoted in the report.Additionally, its Wing subsidiary is also expected to begin drone assembly operations in Tamil Nadu.A delegation from the Tamil Nadu government, including Minister for Industries TRB Rajaa and senior executives, had discussions with senior Google management in...
Verified by MonsterInsights