ISA WINWire January 28 - February 4 2011

Ashok Soota steps down from MindTree

Source: CIOL, January 28 2011 www.ciol.com

Indian IT provider MindTree Ltd today reported that Ashok Soota, executive chairman of the company has submitted his resignation to the Board of Directors. He has requested the Board of Directors to release him as an employee and also as executive chairman / member of the Board by March 31, 2011. Soota said, “MindTree was co-founded by me in August 1999 with 9 other co-founders and I have led it from the start. We can take justifiable pride in creating an organization with the highest standards of Corporate Governance, a great place to work, an admired knowledge enterprise and high levels of customer satisfaction.”

Apple begins iPad sales in India

Source: CIOL, January 28 2011 www.ciol.com

Apple Inc's popular iPad tablets finally hit Indian stores on Friday, nearly 10 months after its U.S. sales began, giving more options to customers in the world's fastest-growing mobile market that is also seeing a surge in sales of smartphones and other high-end devices. Apple is selling the iPad through its authorized resellers and partner stores across the country, an India-based company spokesman told Reuters. Apple has priced the iPad in India between Rs. 27,900 and Rs. 44,900 ($612-$985), depending on the model.

Karnataka revisits Semicon Policy 2010

Source: CIOL, January 28 2011 www.ciol.com

Government of Karnataka (GoK) re-visited 'Karnataka Semiconductor Policy 2010' that was released on February 2010, and organized a workshop to give impetus to the growth of semiconductor industry in the state. Focus of the policy is to attract manufacturing related investments by focusing on following activities: Promote Karnataka as a semiconductor design hub, attract investments in high-tech semiconductor manufacturing, promote generation and use of green energy, specifically solar energy and focus on manpower development.

JNTU, Synopsis team up on software design programme

Source: The Times of India, January 29 2011 timesofindia.indiatimes.com

Synopsys, the US-headquartered world leader in software designing, and Jawaharlal Nehru Technological University (JNTU) in Hyderabad signed an agreement to establish microelectronics programme at the JNTU. The programme is aimed at training local talent and providing highly skilled specialists that can address the complex design requirements of semiconductor industry companies, an official said.

Norway keen on investment in Indian telecom sector

Source: The Economic Times, January 30 2011 economictimes.indiatimes.com

Norway has pledged full and long- term telecom investment interest in India and its government has committed itself to providing the best possible services to the country's fast-growing telecommunications sector. Norway Government has a serious business interest in India and is committed to co-operation with New Delhi on a long-term basis, Norwegian Trade and Industry Minister Trond Giske said in a statement here.

 

Android system overtakes Symbian

Source: Kevin J. O’Brien, The New York Times, January 31 2011 www.nytimes.com

Google’s operating system for cellphones has overtaken Nokia’s Symbian system as the market leader, ending the Finnish company’s long reign, a British research firm said Monday. In the three months through December, manufacturers shipped 33.3 million cellphones running Android, Google’s free, open-source cellphone operating system, up from just 4.7 million a year earlier, according to Canalys, a research firm in Reading, England. Shipments of phones running the Symbian operating system jumped 31 percent in the quarter, to 31 million, Canalys said.

Intel, finding a chip flaw, expects to lose $1 billion

Source: Verne G. Kopytoff, The New York Times, January 31 2011 www.nytimes.com

Intel said on Monday it had stopped shipping a new chipset after discovering a design flaw that might cause 5 percent of the chips to fail over the next three to five years. The loss in revenue and the fixing of the nearly half a million laptop and desktop computers that contain the chipset are expected to cost Intel $1 billion. Intel said that the Series 6, or Cougar Point, chipset, which controls the movement of data to hard drives, DVD drives and monitors, has a failure rate of 5 percent over the typical three- to five-year lifespan of a computer. Over time, some of the connection ports on the chipset can degrade, potentially blocking consumers from reaching their stored data. However, Intel said that the problem did not delete the data and that consumers would still be able to get to it by moving a hard drive to another computer.

 

Licensing norms tougher in India's new telecom policy

Source: CIOL, January 31 2011 www.siliconindia.com

India has said its new telecom policy to be unveiled soon will tighten the norms for grant of licences and airwaves to service providers in a bid to induce transparency and provide a level-playing field to new and existing players. Announcing this at a hurriedly convened press conference here, Communications Minister Kapil Sibal also said more notices will be issued to companies that had failed to roll out their services as contracted to explain why their licences should not be annulled.

India has favourable investment climate: PE players

Source: CIOL, January 31 2011 www.siliconindia.com

In view of sound economic growth and rising domestic demand, private equity players say that India now has a better investment scenario compared to 2007, according to a survey. Global consultancy Protiviti's survey also found that sectors such as energy and infrastructure are likely to see higher allocation from PE funds in short to medium term. "Strong self consumption driven by the great Indian middle class and consistent economic growth ranked higher in respondent's minds as reason for a more favourable investment environment now as compared to 2007," the report said.

IBM to kick start 100th year celebration in B'lore

Source: CIOL, January 31 2011 www.ciol.com

If you are an IBMer and planning to quit job before June 16 , think twice. Technology giant IBM on Monday said it will give $1,000 worth of shares to its over one lakh employees in India as part of its centennial celebration. The celebrations would kick start from Bangalore The company would celebrate a hundred years of existence on June 16 this year, will give each of its employees globally a $1,000 stock bonus.

Intel commits $200M to Obama startup plan

Source: Peter Clarke, EETimes, January 31 2011 www.eetimes.com

Intel Corp. has joined President Obama's Startup America campaign to strengthen entrepreneurship in the United States and, through Intel Capital, has pledged to invest an additional $200 million in U.S. technology companies and joined the campaign's board of advisors. Intel's money promise comes almost a year after the launch of the Invest in America Alliance, an Intel-led initiative supported by venture capital firms and corporations. As part of the Invest in America Alliance, which was announced in Feb. 2010, Intel committed to invest $200 million over two years in U.S.-based growth-oriented industries through its Invest in America Fund. Intel Capital met this original commitment in less than a year.

Xilinx buys high-level synthesis EDA vendor

Source: Dylan McGrath, EETimes, January 31 2011 www.eetimes.com

Programmable logic vendor Xilinx Inc. Monday (Jan. 31) said it acquired high-level synthesis vendor AutoESL Design Technologies Inc. Financial terms of the deal were not disclosed. Xilinx (San Jose, Calif.) said expanding its technology foundation and product portfolio to include high-level synthesis would enable the company to serve a broader base of companies where system architects and hardware designers are accustomed to designing at a higher level of abstraction in C, C++ and System C. Most of AutoESL's 25 employees located in Cupertino, Calif. and Beijing will be joining Xilinx, the company said.

Sankalp opens a new hybrid center

Source: EDA Café News, February 3 2011 www10.edacafe.com

Sankalp Semiconductor has decided to open a new hybrid center in East India. It will have an Analog Design Center in Sector-V, Kolkata which is the IT-hub of Kolkata and boasts of companies like IBM, Wipro, Cognizant, TCS, etc. Around 100,000 engineers are employed by the IT sector here. It is about 15 minutes drive from the international airport. As an add on to our Sector V center we will have another facility on campus at Bengal Engineering and Science University (BESU) , Shibpur. This facility will focus on Characterization work and training through our Eklakshya arm. This decision is in line with Sankalp’s vision to have multiple centers across the nation to create jobs and access the best talent available. Bengal University is a prestigious college and is now being re-launched as IIEST (Indian Institute of Engineering Science & Technology). According to Mrinal Das, VP of Engineering “the new center should grow to 30 engineers by 2012 and will play a crucial role in Sankalp’s growth. Historically jobs in high-tech semiconductor design have been centered mostly on Bangalore and to some extent Delhi/Hyderabad. However there is a large engineering talent pool in Eastern states which have high capability for semiconductor design.”

India may become 4th largest auto player by 2015

Source: The Economic Times, February 4 2011 economictimes.indiatimes.com

India's automotive sector will become the fourth largest in the world by 2015, overtaking the European market, consultancy firm Booze & Company said today. The auto industry will have sales of over 6 million units annually by 2020 and will definitely surpass the European market by 2015, the firm's Partner, Vikas Sehgal , told reporters here. Going forward, UIC (United States, India and China) will be the key markets in the global auto sector and by 2025, we will witness over 80 per cent of the total cars being designed in the three countries, he said.


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