Electric vehicles have strong potential in the Indian market. But not everyone in the South Asian country is convinced that a market where about 22 out of 1,000 people own a vehicle is ready for the EV revolution yet, according to DIGITIMES' correspondent in India. In India's mobile telecom market, intense price competition has drastically changed its landscape, with the top-3 carriers dominating over 90% of the market. In the semiconductor sector, AMD is expected to be the first adopt TSMC's SoIC technology fot its HPC chips.

Indian startups offer electric car conversion to spur EV revolution: The Indian government expects massive adoption of electric vehicles in the country over the next decade. According to NITI Aayog, the country's top think tank, EV sales penetration could reach 70% for commercial cars, 30% for private cars, 40% for buses, and 80% for two- and three-wheelers by 2030.

India telecom market landscape experience drastic changes: The mobile telecom landscape in India has changed drastically since startup Reliance Jio launched its 4G LTE network services in September 2016 with unprecedented free voice over LTE services and extremely low 4G subscription rates, triggering price competitions that have resulted a wave of bankruptcies and consolidations among Indian telecom carriers over the past five years.

AMD to adopt TSMC SoIC in HPC chips: TSMC's newly-developed system-on-integrated-chips (SoIC) technology will be first adopted for AMD's multiple high-performance computing (HPC) chip series, according to industry sources.