ISA WINWire November 5 - November 12 2010

 

element14 celebrates brand launch with limited edition Toolkits

Source: The Financial Express, November 3 2010 www.financialexpress.com

element14, formerly known as Farnell Electronics, the industry’s first fusion of commerce and online community supporting millions of engineers and purchasing professionals worldwide, announced limited edition toolkits for customers in the region as part of the brand launch. From now to January 2011, customers will be rewarded free limited edition toolkits through element14. The toolkits worth between Rs.10000 and Rs.33000 include 14 to 16 essential tools engineers in the design and maintenance, repair and operations sectors use. The tools featured in these Limited Edition toolkits are from the trusted brands, Tenma and Duratool that have element14 as their preferred distributor.

 

Moser Baer to ramp up LCD TV production

Source: Bindu D. Menon, The Hindu Business Line, November 4 2010    www.thehindubusinessline.com

Moser Baer India Ltd, a leading player in the optical storage business, is strengthening its consumer electronics portfolio. The company, which had entered the LCD television business last year, said it may scale up its LCD TV production from the current 1.2 lakh units to five lakh units annually in the next two to three years.

 

Obama signals easing of high-tech exports, unveils $15 billion deals

Source Silicon India, November 6 2010    www.siliconindia.com

U.S. President Barack Obama began his maiden visit to India Saturday by promising to remove restrictions on sensitive high-tech exports, a nagging irritant in the evolution of bilateral ties, even as he declared deals worth $15 billion that would support some 54,000 American jobs and seek to answer critics back home. Arriving shortly after noon on Air Force One with First Lady Michelle and senior cabinet colleagues like secretaries of treasury and commerce, Obama said all the right things that would please Indians even as he told his audience back home to shed old stereotypes about the country as growing ties with India would benefit both nations which he said were set for a "defining and indispensable partnership of the 21st century".

 

India among 40 most improved economies: World Bank report

Source: The Hindu Business Line, November 6 2010    www.ibef.org

India is one of the 40 “most-improved economies” that made significant changes in business regulation at a steady pace in 2009 to make it easier for firms to operate, according to a new World Bank report. Since 2005, India has implemented 18 business regulation reforms in seven areas, creating more opportunities for local firms, according to the “Doing Business 2011: Making a Difference for Entrepreneurs” report. Many of the reforms focused on technology-implementing electronic business registration, electronic filing for taxes, and online submission of customs forms and payments, the report notes. India comes in at number 134 out of the 183, one rung higher than last year's 135.

 

Chip makers go on M&A binge

Source: EETimes, November 8 2010    www.eetasia.com

Semiconductor companies, awash with cash from a 35-percent growth of the market this year, are looking toward mergers and acquisitions (M&A) as an investment avenue as they await clear signals from Wall Street and Washington, according to a report from Forward Concepts. Chip houses with products but no dependable and profitable shipment volumes believe that M&As, which may be classified as part of research and development, are a viable alternative to spending on expansions and manpower hiring.

 

Tata DoCoMo 3G services go live

Source: EETimes, November 8 2010    www.eetindia.co.in

Tata Teleservices Ltd.'s (TTSL) Tata DoCoMo lays its claim as the first private telecommunications company to launch services 3G phones in India. It has launched 3G mobile services in nine circles, allowing subscribers to access high-speed Internet telephony. Two state-owned companies BSNL and MTNL launched services over a year ago. Tata had pocketed 3G spectrum in nine circles of Kerala, Karnataka, Madhya Pradesh (including Chhatisgarh), Rajasthan, Gujarat, UP (West), Punjab, Haryana and Maharashtra, in the auction held recently.

 

Indian firms in acquiring mode in U.S.

Source: SiliconIndia, November 8 2010    www.siliconindia.com

Infotech Enterprises, who provide critical engineering solutions for clients all over the world, has acquired US-based Wellsco, a telecom engineering Services Company for an all cash deal with an annual run rate of the company touching $12 million. V.R. Mohan Reddy, Chairman and Managing Director of Infotech said that they will be reaching the $1 billion mark with this acquisition and hence is a crucial acquisition. The company is expecting $10-12 million additional revenues in the financial year of 2010-11. He said "We are in the process of transforming Infotech's Utilities, telecom and Government (UTG) vertical by adding engineering flavor to it. We have formed an alliance with a Dutch firm for such services in Europe and built a backend support with 300 people here. But when we want to tap the U.S. market, we wanted to have our own presence."

 

Update: Intel licenses DSP

Source: Mark LaPedus, EETimes, November 8 2010    www.eetimes.com

Is Intel Corp. re-entering the DSP business? SAN JOSE, Calif. - Is Intel Corp. re-entering the DSP business? In a major move, Intel has licensed Ceva Inc.'s digital signal processor (DSP) intellectual property (IP). Intel has licensed the CEVA-XC communication DSP. Ceva's CEVA-XC is a DSP designed specifically for 4G terminals and wireless infrastructure. It supports multiple air interfaces in software, including LTE, TD-LTE, WiMAX 16m, HSPA+, HSPA, TD-SCDMA, GSM and CDMA. In the past, Intel attempted to enter the DSP arena. Several years ago, Intel was co-developing a line of DSPs with Analog Devices Inc. (ADI). But those efforts failed to bear fruit for Intel and the deal was quietly scrapped.

 

Chip industry revenue to touch record $300 billion in 2010

Source: SiliconIndia, November 8 2010    www.siliconindia.com

The revenue of the semiconductor industry is set to rise by 32.8 percent in 2010, reaching record high revenue of $300.5 billion. This is the first time that the industry has passed the $300 billion mark. This news was revealed by the Semiconductor Industry Association (SIA), an industry association representing U.S. chip makers. The Association also predicted a gloomy future for the industry in the coming year, saying the growth pace set in this year will see a downturn in 2011.

 

HCL tech hub near Gurgaon opens Friday

Source: CIOL, November 9 2010    www.ciol.com

A new HCL technology hub will start functioning in Manesar near Gurgaon in Haryana from Friday (November 12), a state government official said here on Monday. An official spokesman of the Haryana government said the Manesar HCL Tech Hub, housed in 900,000 square-feet of eco-friendly buildings, would employ over 3,200 people and generate Rs. 1,000 crore in export revenue.

 

Foundries, memory firms shine in IC ranking

Source: Dylan McGrath, EETimes, November 9 2010 www.eetimes.com

All of the top 20 semiconductor suppliers have for one—Sony Corp.—are expected to register strong double digit growth rates in 2010, according to IC Insights Inc.'s preliminary ranking of the top 20 chip suppliers this year. Only $50 million is projected to separate the No. 4 and No. 5 suppliers this year—Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Texas Instruments Inc., according to the ranking, which is part of IC Insights' forthcoming November update to the firm's McClean Report. The close race means that the fourth position is still up for grabs, IC Insights said.

 

Chip sector hopes for normality after end of boom

Source: IBN Live News, November 10 2010    http://ibnlive.in.com

The semiconductor industry sees the end of a boom in demand for chips as providing predictability in earnings and production after a period of turbulence, top company executives said. "This industry has gone through hell but it is looking very bright," said Henri Richard, senior vice president of privately owned U.S.-based Freescale, at an industry event in Munich.

 

Tata, M&M help Hyderabad inch closer to Bangalore

Source: Biswarup Gooptu , The Economic Times, November 10 2010    http://economictimes.indiatimes.com

Hyderabad has emerged as a serious competitor to Bangalore’s dominant position as an aerospace and defence hub thanks to an aggressive state government promotional campaign. Andhra Pradesh has been projecting its capital as the best destination for aerospace investment as the globe’s biggest defence and aerospace vendors make a beeline for India. Additional support coming from city-based defence labs , private and public sector companies and the Aeronautical Society of India, Hyderabad chapter, who have made consistent attempts to turn the city into an aviation hub.

 

LSI India appoints New Managing Director

Source: Just In Just Out, November 10 2010    http://jijomurali.blogspot.com

LSI Corporation (NYSE: LSI) today announced the appointment of Santhanakrishnan Raman as managing director of LSI India Research and Development Pvt. Ltd. In his new role, Raman will be responsible for driving business growth, advancing the company’s R&D strategy and spearheading the expansion of LSI in India. The company currently employs over 1,000 people in Bangalore and Pune. “India is a key development location for LSI, with engineers involved across the breadth of our product line,” said Abhi Talwalkar, president and chief executive officer, LSI. “Raman has played a key role over the past several years helping to build our capabilities in India, and his proven leadership and deep technical skills make him an ideal leader to steer LSI India forward.”


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