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ISA WINWire June 10 - 17 2011


Bosch invests billions in automotive technology, sketches autonomous driving scenario

Source: Christoph Hammerschmidt, EETimes, June 8 2011

Automotive technology sales for electronic systems provider Robert Bosch GmbH will pass the 30-billion-euro threshold for the first time in 2011. The company expects growth to be around 10 percent. In the long run, autonomous driving will be a consequence of continuously improving driver assistance systems. At its annual Bosch Motorpresse Colloquium, the company announced to spend 3.2 billion euros on research and development in automotive Technology in 2011. According to Bernd Bohr, chairman of the Bosch Automotive Group, the R&D efforts are aiming at cleaner and greener drives as well as economical and safe mobility solutions. 400 million euros per year will be spent for research related to electromobility.

New manufacturing policy seeks to create 100 m jobs by 2025

Source: The Hindu Business Line, June 9 2011

The Government, on Thursday, gave an in-principle nod to a draft policy to significantly enhance the share of manufacturing in GDP and generate substantial employment in the country, while reducing the compliance burden on industry. The policy aims to raise the share of manufacturing in GDP to 25 per cent by 2025 from 15-16 per cent at present. The objective of the policy is also to generate 100 million jobs in manufacturing by 2025. The creation of National Manufacturing and Investment Zones as mega investment regions, equipped with world-class infrastructure, has been proposed as a major policy instrument

Qualcomm to acquire the assets of semiconductor design innovator Rapid Bridge

Source: EDA Café News, June 11 2011

Qualcomm Incorporated (NASDAQ: QCOM) today announced it has agreed to acquire substantially all of the assets of Rapid Bridge LLC, a San Diego-based inventor of advanced techniques for the design and development of semiconductor products. The company's technology reduces complexity in integrated circuit (IC) development at advanced technology nodes to enable greater design flexibility and optimized die size and power consumption. Rapid Bridge's San Diego design team and San Diego/Bangalore engineering services operations will be integrated into Qualcomm CDMA Technologies. The asset acquisition, which is subject to regulatory approval and fulfillment of certain terms and conditions, is expected to close by the end of fiscal year 2011.

At Qualcomm, rise of founder’s son defies hazards of succession

Source: Malia Wollan, The New York Times, June 12 2011

When Paul E. Jacobs took over from his father as chief executive of the chip maker Qualcomm in 2005, mobile phones were just beginning their transition from tools for talking to hand-held computers delivering data and entertainment. “We talk about the future of computing being mobile, but I don’t feel that way,” said Mr. Jacobs, 48. “I feel the present of computing is mobile.” Mr. Jacobs has spent the last six years expanding Qualcomm’s business beyond his father’s tight focus on the digital wireless technology known as C.D.M.A. (code division multiple access).

IBM expands with office in Coimbatore

Source: EETimes, June 13 2011

IBM has announced the opening of a new branch office in Coimbatore, Tamil Nadu as part of the company's continued geographic expansion initiative to increase its presence in key growth markets and support its global growth strategy. The new office opening is part of IBM's on-going investment in the country covering the creation of new facilities, offices, training and recruitment, sales, marketing and corporate citizenship. IBM is currently focused on increasing its presence in smaller cities across India to meet the growing needs of clients and partners and to establish a footprint in over 40 cities across the country by 2013.

Electric bicycles and ebikes to reach a USD 210 billion market within ten years

Source: Julien Happich, EETimes, June 14 2011

According to a recent report “Light Electric Vehicle (LEV) Industry Worldwide 2011-2021” from IDTechEx on the various types of electric vehicle - hybrid and pure electric, electric vehicles by land, water and air will be a market of over USD 210 billion in ten years from now. The segments of this market are very different in certain respects yet they increasingly share some technical challenges and vehicle and component suppliers. This report concerns electric bicycles, ebikes and other Light Electric Vehicles (LEVs) that constitute an important part of the overall EV business.

Indian-origin professor Anantha Chandrakasan to lead MIT's largest academic department

Source: The Economic Times, June 14 2011

Indian-origin academician Anantha Chandrakasan has been named head of MIT's Department of Electrical Engineering and Computer Science (EECS), the largest academic department at the prestigious American institute. Chandrakasan, the Joseph F and Nancy P Keithley Professor of Electrical Engineering at Massachusetts Institute of Technology (MIT), will assume his new role beginning July 1. He will take over from Eric Grimson, who was named MIT's chancellor in February.

Intel, Samsung and Toshiba lead world chip market

Source: evertiq, June 14 2011

As they have for several years, Intel, Samsung and Toshiba (in that order) remain the world’s top vendors of semiconductors, in a market which is expected to see about 4% growth during 2011. That growth, however, is softer than the robust growth seen in 2010 (though still better than 2009’s dismal performance.) According to ABI Research semiconductor practice director Peter Cooney, "In the first quarter of 2011 these three firms together controlled 31.6% of the global semiconductor market, a slight increase over their 2010 share. That difference was made up by Intel, which lifted its portion by 2%."

India most favored destination for European FIs: Survey

Source: VC Circle, June 14 2011

India, along with Brazil, has emerged as the most favored investment destination among the emerging markets pack in a survey of 30 bluechip fund managers from Europe. In the survey conducted by London Stock Exchange and Capital MSL, 23 per cent of participants gave India and Brazil the most positive ratings with China in third place with 20 per cent. But concerns remain high among investors in the short term (up to next 6 months) due to concerns over the inflation outlook and interest rates. But a majority of investors remain confident in the Indian growth story in the longer term, with 73 per cent of investors very confident in respect of India’s outlook in 12-18 months time.

ADI buys startup Lyric Semiconductor

Source: Junko Yoshida, EE Times, June 15 2011

Analog Devices Inc. (ADI) disclosed that it has acquired Lyric Semiconductor, a privately-held startup based in Cambridge, Massachusetts. Lyric, a DARPA and venture-funded MIT spin-out founded in 2006, is known for unique innovations in probability processing. At a time when a significant proportion of computing and embedded applications depend on the science of guessing—or the math of probability—software algorithms based on probability are everywhere, explained Sam Fuller, CTO at ADI and vice president of R&D. But the Lyric team believed to be the first to develop hardware circuit architecture optimized for probability processing. "Lyric is definitely ahead of the pack," said Fuller.

How China could yet fail Like Japan

Source: VC Circle, June 15 2011

Until 1990, Japan was the most successful large economy in the world. Almost nobody predicted what would happen to it in the succeeding decades. Today, people are yet more in awe of the achievements of China. Is it conceivable that this colossus could learn that spectacular success is a precursor of surprising failure? The answer is: yes. Japan’s gross domestic product per head (at purchasing power parity) jumped from a fifth of US levels in 1950 to 90 per cent in 1990. But this spectacular convergence went into reverse: by 2010, Japan’s GDP per head had fallen to 76 per cent of US levels. China’s GDP per head jumped from 3 per cent of US levels in 1978, when Deng Xiaoping’s “reform and opening up” began, to a fifth of US levels today. Is this going to continue as spectacularly over the next few decades or could China, too, surprise on the downside?

Moser Baer Solar Ltd signs deal for solar modules distribution in US

Source: The Economic Times, June 16 2011

Moser Baer Solar Limited (MBSL) has signed an agreement with Munro Solar for the distribution of its solar photovoltaic modules in the United States. "The agreement would help in increasing the company's presence in the US," the company said in a statement. Munro Distributing Company Inc. has its presence in 11 locations across four states in the East and West coasts and will offer MBSL's multi-crystalline silicon solar modules and utilize them to design commercial turnkey solar PV systems for its customers. Munro Distributing is currently one of the major players in the US offering a variety of services and products in energy efficient lighting and power distribution.

India to add 700 mw solar power capacity this year: Will require an investment of $2.2 billion; overall plan is to boost green power generation to 20 gigawatt by 2022

Source: Ratnajyoti Dutta, DNA, June 16 2011

India is on track to produce 700 megawatt (mw) of solar power at a cost of $2.2 billion by December, ahead of an initial target for an ambitious plan that seeks to boost green power generation from near zero to 20 gigawatt (gw) by 2022. Under India's Solar Mission, investors bid to build solar power plants and the winning bids are determined by the electricity tariff that they accept as viable. Such has been the interest that the government has been flooded with investment pledges for the first batch of projects rolling out in December. India's 20 gw solar plan is likely to attract overall investment of about $70 billion, the government estimates. Issued in 2009, the plan envisages India producing 1,300 mw by 2013, another up to 10 gw by 2017 and the rest by 2022. "The entire solar industry is no longer worried about the upheavals that are taking place in the European markets because they find a very new and very promising market is developing in India," said Debashish Majumdar, chairman and managing director of Indian Renewable Energy Development Agency. Ireda, a state-run agency, is the leader in the country's solar energy financing.

KPIT Cummins gets board’s nod to acquire Systime Global

Source: VC Circle, June 16 2011

ChrysCapital-backed and Pune-based tech company KPIT Cummins Infosystems Ltd has got its board’s approval to acquire 50 per cent stake in Mumbai-based Systime Global Solutions Pvt Ltd for a total consideration of $22.77 million. The company will acquire the remaining 50 per cent of the equity and preference shares over a period of three years, at a price which will include a certain fixed and variable consideration. The KPIT scrip was trading at Rs 168.70, down by 0.79 per cent, at BSE on Thursday at 1 pm.

IBM scores a century, moves on path of 'Think'

Source: CIOL, June 16 2011

Computer giant International Business Machines (IBM) is turning hundred today. A company that has its roots in an age when computing was not there in anyone's imagination, the 100-year-young 'Big Blue' is celebrating the occasion without much fanfare, and focusing on voluntary activities like social work. As part of its 'Celebration of Service', designed to allow employees, retirees, clients and business partners to donate their time and expertise during the company's Centennial year, 300,000 IBMers around the world – close to three quarters of its global workforce – are volunteering in more than 5,000 projects in 120 countries, meeting civic and societal challenges and serving millions in need.

Compiled by ISA Research

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