• Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit
Tech News, Magazine & Review WordPress Theme 2017
  • Tech
    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    120+ Best Creative Names for Team at Work

    120+ Best Creative Names for Team at Work

    Can You Repair Printed Circuit Board ?

    Mastering PCB Board Repair Comprehensive Guide

    Breaking Barriers Federal Inmate Texting Service

    Breaking Barriers Federal Inmate Texting Service

    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    The New Galaxy Watch Ultra and Galaxy Ring Are Announced by Samsung

    The New Galaxy Watch Ultra and Galaxy Ring Are Announced by Samsung

    Exploring the Innovative Features of Pear Phones

    Exploring the Innovative Features of Pear Phones

    Latest Smart Home Gadgets for a Connected Life

    Latest Smart Home Gadgets for a Connected Life

    Eco-Friendly Products for Students

    Eco-Friendly Products for Students

    Essential Photography Equipment and Gadgets

    Mastering Your Shots: Essential Photography Equipment and Gadgets

    Level Up Your Game: Must-Have Gaming Gear!

    Level Up Your Game: Must-Have Gaming Gear!

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    Master the World of Online Gaming with the Best Gaming VPN

    Master the World of Online Gaming with 3 Best Gaming VPN

    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    5 Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    9 Best Alternative Games Like Kahoot

    9 Best Alternative Games Like Kahoot

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

  • Crypto
    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    120+ Best Creative Names for Team at Work

    120+ Best Creative Names for Team at Work

    Can You Repair Printed Circuit Board ?

    Mastering PCB Board Repair Comprehensive Guide

    Breaking Barriers Federal Inmate Texting Service

    Breaking Barriers Federal Inmate Texting Service

    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

  • Business
    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    120+ Best Creative Names for Team at Work

    120+ Best Creative Names for Team at Work

    Can You Repair Printed Circuit Board ?

    Mastering PCB Board Repair Comprehensive Guide

    Breaking Barriers Federal Inmate Texting Service

    Breaking Barriers Federal Inmate Texting Service

    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

No Result
View All Result
Geeky Insider
  • Tech
    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    120+ Best Creative Names for Team at Work

    120+ Best Creative Names for Team at Work

    Can You Repair Printed Circuit Board ?

    Mastering PCB Board Repair Comprehensive Guide

    Breaking Barriers Federal Inmate Texting Service

    Breaking Barriers Federal Inmate Texting Service

    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    The New Galaxy Watch Ultra and Galaxy Ring Are Announced by Samsung

    The New Galaxy Watch Ultra and Galaxy Ring Are Announced by Samsung

    Exploring the Innovative Features of Pear Phones

    Exploring the Innovative Features of Pear Phones

    Latest Smart Home Gadgets for a Connected Life

    Latest Smart Home Gadgets for a Connected Life

    Eco-Friendly Products for Students

    Eco-Friendly Products for Students

    Essential Photography Equipment and Gadgets

    Mastering Your Shots: Essential Photography Equipment and Gadgets

    Level Up Your Game: Must-Have Gaming Gear!

    Level Up Your Game: Must-Have Gaming Gear!

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    Master the World of Online Gaming with the Best Gaming VPN

    Master the World of Online Gaming with 3 Best Gaming VPN

    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    5 Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    9 Best Alternative Games Like Kahoot

    9 Best Alternative Games Like Kahoot

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

  • Crypto
    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    120+ Best Creative Names for Team at Work

    120+ Best Creative Names for Team at Work

    Can You Repair Printed Circuit Board ?

    Mastering PCB Board Repair Comprehensive Guide

    Breaking Barriers Federal Inmate Texting Service

    Breaking Barriers Federal Inmate Texting Service

    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

  • Business
    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    How Drones and 360-Degree Cameras Are Changing Bridal Photoshoots

    120+ Best Creative Names for Team at Work

    120+ Best Creative Names for Team at Work

    Can You Repair Printed Circuit Board ?

    Mastering PCB Board Repair Comprehensive Guide

    Breaking Barriers Federal Inmate Texting Service

    Breaking Barriers Federal Inmate Texting Service

    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

Submit
Geeky Insider
No Result
View All Result

Why Vedanta-Foxconn’s semiconductor plant will reduce the cost of tech, but not by 60 per cent- Technology News, Firstpost

by Staff Writer
September 16, 2022
in Technology
Reading Time: 3 mins read
Explained Why Vedanta-Foxconn’s semiconductor plant will reduce the cost of tech, but not by 60 per cent
Share on FacebookShare on Twitter

FP ExplainersSep 16, 2022 16:36:43 IST

In a major step for Make In India, Vedanta and Foxconn will be setting up a semiconductor factory in Gujarat for Rs 1.54 lakh crore. Speaking to CNBC-TV18 about the development, Vedanta Chairman Anil Agarwal stated that ‘Made in India’ semiconductors could have a big impact on the prices of finished products. 

Table of Contents

Toggle
  • READ ALSO
  • Exploring the Evolution of Xiaomi Wireless AR Buff Glasses
  • Space Tourism: Journeying Beyond Earth’s Boundaries

READ ALSO

Master the World of Online Gaming with the Best Gaming VPN

Master the World of Online Gaming with 3 Best Gaming VPN

October 21, 2023
Understanding Blockchain Technology

7 Astonishing Ways Blockchain Technology

September 26, 2023

We then went on to say that once the glass or the displays that are currently made in Taiwan and South Korea start getting manufactured in India, the price of a finished laptop that costs about Rs 1,00,000 today, would then cost Rs 40,000. That’s a reduction of 60 per cent.

India will emerge as one of the world’s biggest contributors of silicon chips and semiconductors in the years to come. It is not a question of if, but when. However, for the prices of finished tech products to fall by 60 per cent, it will take us a considerable time. Moreover, it will take a considerable volume.

Developing new products is expensive even if it uses tech and components that has been around for a while. The sheer among of R&D, marketing research and licencing fees that goes into making a smartphone or a laptop is mindboggling. The actual cost of raw material, components, as well as labour to put everything together is significantly less, when we consider the cost per unit.

Then, there’s the fact that tech companies often don’t plan on relinquishing their profit margins, even if the manufacturing costs come down. Let’s take Apple as an example. 

It takes Apple about $570 or roughly Rs 45,000a to make one iPhone 13 Pro. This includes the raw material, labour, shipping, and marketing. Apple sold the 128GB variant of the iPhone 13 Pro in India for about Rs 1,20,000. That same iPhone 13 Pro would have cost $899 or Rs 72,000 in the US or Canada. 

Back in April, Apple started making the iPhone 13 in India, at the Foxconn factory in Tamil Nadu. Theoretically, Apple should have offered a discount, or better yet reduced the price of the iPhone 13 in India, now that the device was not subject to the same number of taxes as before. 

However, we are only seeing a discount on the iPhone 13 series now, after the launch of iPhone 14, and the fact that many e-commerce platforms are trying to sell their stock around the festive season.

Continuing with Apple, let’s look at another example. The iPhone 14 Pro costs about $999 in the US, whereas in India it starts at Rs 1,29,900. In about a month, Apple will start making the iPhone 14 Pro in India, along with the rest of the iPhone 14 series. Will Apple revise the price of the iPhone 14 Pro and sell it for cheaper? Or, will Apple start providing a discount on the iPhone 14 Pro? Not likely.

India-made semiconductors and displays will surely drive down costs by a significant margin. Tech companies will easily be able to reduce their input costs by up to 15-20 per cent. If the proposed semiconductor factory hits the economies of scale early on, tech companies may even be able to drive down input costs by up to 30 per cent.

The costs of finished tech products will go down significantly for sure but it is unlikely it will be by 60 per cent. The larger question, however, is whether or not end consumers are passed on this benefit.



Source by www.firstpost.com

Related Posts

Navigating The Issues of AI and Social Media
Marketing

Navigating The Issues of AI and Social Media

November 21, 2023
The Challenges of 5G Security: What to Watch For
Technology

The Challenges of 5G Security: What to Watch For

October 31, 2023
Master the World of Online Gaming with the Best Gaming VPN
Gaming

Master the World of Online Gaming with 3 Best Gaming VPN

October 21, 2023
Understanding Blockchain Technology
Crypto

7 Astonishing Ways Blockchain Technology

September 26, 2023

Recommended.

The future of digital customer addressing in insurance

Insurance – Future of Digital Customer

August 8, 2023
tiktok creator fund

How to make money on TikTok: Three tips to get paid

October 5, 2022

Trending.

No Content Available
  • Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit
Contact us for submission queries. editor[at]geekyinsider.com.
No Result
View All Result
  • Home
  • Review
  • Apple
  • Gaming
  • Gadget and Gear
    • Camera
    • Smartphone
  • Microsoft
  • Security