Wistron, one of the leading Taiwanese contract manufacturers, is looking at relocating a printed circuit board (PCB) manufacturing plant from to Bengaluru, entailing an investment of around $1 billion (about Rs 64 billion).
Said to be one of the biggest investments in the in the country, the proposed plant is expected to provide employment to 3,000-4,000 people. The unit would manufacture motherboards for low-cost personal computers (PC) that will be based on chipmaker Intel’s reference designs. could also manufacture Intel’s upcoming LTE (long-term evolution, a standard for high-speed wireless communication) on PC boards for which India could be a major market, said two people familiar with the development. Business Standard had reported on January 8 that was already eyeing setting up an integrated manufacturing unit in the city as it looked to move beyond just assembling Apple’s Lacklustre sales of the device have forced the company to look for newer avenues to grow its business here. The move comes at a time when India has increased on several electronic components that go into and PCs to aid value-added local electronics manufacturing. While the share of fully-assembled imported into the country fell to just 26 per cent in 2017, the level of localisation still remains extremely low.
Key takeaways
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The proposed plant is expected to provide employment to 3,000-4,000 people
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could also manufacture Intel’s upcoming LTE on PC boards for which India could be a major market
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could shift one of its units from to India due to the increasing cost of labour there
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Both and are heavily investing in developing chips that support LTE wireless data technologies, eyeing sales of PCs in emerging markets such as India
One of the above-mentioned persons said that could shift one of its units from to India due to the increasing cost of labour there.