US chipmaker Maxim to
acquire Volterra Semiconductor for $605 mn
Source: Domain-b.com; August 16, 2013
US analogue chipmaker Maxim Integrated Products Inc yesterday said
that it has entered into a definitive agreement to acquire Volterra
Semiconductor Corp for approximately $605 million.
California-based Maxim, whose chips are used in Samsung's Galaxy line
of smartphones, has offered to pay $23 per share, a 55-per cent
premium to Volterra Semiconductor's closing share price on 14 August.
Applied Materials names Gary E. Dickerson as CEO
Source: Cybermedia India
Online Limited News; August 16, 2013
Applied Materials Inc. announced today that its Board of Directors has
appointed Gary E. Dickerson as president and chief executive officer
(CEO) and Michael R. Splinter as executive chairman of the Board of
Directors, effective September 1, 2013.
Dickerson was also elected a member of the Board of Directors,
effective at the same time. He is currently president of Applied
Materials and succeeds Splinter who has served as the company's CEO
Electronic goods likely to escape higher import duty
Source: Business Standard; August 17, 2013
The government might not levy higher customs duty on imports of
non-essential items like electronic goods. The commerce ministry has
told the finance ministry that most electronic goods are covered under
information technology (IT) agreements with other countries, and India
unilaterally cannot raise the rates.
In case of imports of
precious, semi-precious stones and pearls, the curbs might not be
possible because a significant portion of these items are processed in
India and exported back in finished form or jewellery. That leaves the
finance minister mainly with consumer durables like television sets,
refrigerators and air conditioners, but officials fear that would not
have any significant impact.
Rs 8,000-cr plan for
free tablets to students
Source: Hindustan Times -
News; August 19, 2013
With elections on its mind, the government is planning to distribute
more than 20 million tablets to senior school students throughout the
country in the current financial year. The order is expected to be
worth Rs. 8,000 crore.
With Lok Sabha elections scheduled in less than a year, the government
wants to complete the project within this financial year. For
computer makers hit by the economic downturn, this could spell big
Micromax, HCL Infosystems, Karbonn, Lenovo and
Teracom could be among the leading players who may vie for the order
which would be issued through an open government tender, expected to
be floated by a large public sector undertaking.
beats Apple Inc., Nokia as smartphone market in India grew by 14.7 pct
Source: The Financial Express; August 20, 2013
Buoyed by high demand for smartphones, the mobile handset market in
India is estimated to have grown by 14.7 per cent in 2012-13 to touch
Rs 35,946 crore, according to a Voice&Data Survey.
The market grew from Rs 31,330 crore in FY'12 with Korean electronics
maker Samsung dethroning Nokia from the top position this year, the
The 18th annual survey 'V&D 100' covered over 30
mobile handset companies doing business in India across categories
like feature phones, multimedia phones, enterprise phones and
Indians bring 3,000
flat-screen TVs a day to India
Source: Gulf News; August
Indians returning from abroad bring nearly 3,000 flat-screen
televisions into the country a day, the Associated Press reported on
The Consumer Electronics and Appliances Manufacturers
Association estimated one million TVs were brought into the country
each year by individuals.
Buying an imported 32-inch (81cm) LED
television costs up to $474 (Dh1,741) in New Delhi compared with $355
in Dubai or $330 in Bangkok, making the duty-free exemption for
individual air travellers a popular way to get a cheaper TV into
Govt to ban duty-free
import of flat panel TV sets from Aug 26
Source: DNA; August 20,
Next time on a holiday abroad, you may well drop the high-end
flat-screen television set from your shopping list. For, on Monday,
the government said it will prohibit duty-free import (by way of free
baggage allowance) of flat panel television sets from August 26.
So far, airline passengers could import such sets costing up to
Rs35,000 duty-free. Come August 26, consumers will have to pay a 35%
duty and some other additional charges.
Electronics cluster to
come up in Bangalore
Source: Deccan Herald;
August 21, 2013
Karnataka's electronics systems design and manufacturing (ESDM) sector
is all set to get a fillip with the formation of a brownfield ESDM
cluster in electronics city shortly, apart from one each in Peenya and
Mysore, and two greenfield ESDM clusters in Devanahalli, Bangalore and
Narsapur, Kolar district, Karnataka.
On a different scale
TSMC ranked as world's largest semiconductor company
Engineering Herald; August 21, 2013
Exclusive semiconductor-industry specific market researcher IC
Insights has ranked pure-play semiconductor foundry TSMC as world's
largest supplier of IC chips in 2nd Q of 2013, based on different set
of parameters. IC insights has provided latest foundry market analysis
data. Below is the release from IC Insights:
Figure 1 shows the
reported IC foundry sales and “final market value” IC foundry sales as
a percent of total IC industry sales from 2007-2017. The “final market
value” figure is 2.22x the reported IC foundry sales number. The 2.22x
multiplier estimates the IC sales amount (i.e., market value) that is
eventually realized when an IC is ultimately sold to the final
customer (i.e., the electronic system producer.
K'taka to focus on IT
related manufacturing industry: Minister
Chennai Online; August 21, 2013
Karnataka IT/BT Minister S R Patil here today said the State
Government was focusing on growth of IT related manufacturing industry
in line with National Policy on Electronics.
Speaking at a
workshop organised by MAIT on 'regulatory and operational issues'
faced by Electronics System Design and Manufacturing (ESDM) Sector, he
said the sector should get special attention in the wake of the
country depending on large imports of electronic equipment. 'India has
made enough strides in IT service sector but what it need to achieve
is a higher degree of success in Electronic Hardware Industry,' he
See the future of user
Source: Cybermedia India
Online Limited News; August 21, 2013
Revolutionary changes in intelligent sensors, gesture recognition,
touch screens and advanced displays are reshaping the way humans
interact with machines.
To help players in the technology value chain get ahead of these
transformative developments, IHS Inc. is pleased to announce the IHS
Interactive Technology Summit, to be held from Oct. 22 through Oct.
25, 2013 at the San Jose Convention Center in San Jose, Calif.
Formerly known as the Touch Gesture Motion Conference, the event
brings together top executives with leading industry experts to chart
the ongoing revolution in user interfaces.
'Reduce ESDM imports,
focus on exports'
Source: The New Indian Express; August 22, 2013
IT and BT Minister S R Patil on Wednesday said, “Electronic System
Design and Manufacturing (ESDM) imports is likely to touch $42 billion
by 2015. Unless we initiate measures to promote ESDM indigenously,
these imports is likely to overtake the oil import potential in terms
of monetary value.”
Speaking at the inauguration of an
interactive workshop on ‘Regulatory and Operational Issues’ organised
here by Manufacturers’ Association for Information Technology, Patil
said, “We should focus on reducing ESDM imports from the present 68
per cent to 25 per cent in the next few years. The ESDM has an export
potential of around $400 billion and we should cash in on it.”
Simmtronics all set to expedite Notebooks manufacturing in India
Source: VAR India; August 22, 2013
Simmtronics Semiconductor Ltd is known for its manufacturing strength
in India and it has very well proved its mettle by developing and
supporting Memory Modules, Motherboards, Tablet PCs, Simbooks,
low-cost PCs and other computer-related parts. Besides these
distinguished products, Simmtronics has achieved a milestone by
launching Calling Tablet for the tech-savvy users in India.
Throwing some more light on the company’s core competencies, their
expansion plans and marketing strategy for India, Indrajit Sabharwal,
Managing Director, Simmtronics Semiconductors has had an exclusive
interaction with VARINDIA where he exerts his valuable thoughts.
Durables firms look for new ways to sell
Source: Afaqs; August 23, 2013
Cos increase penetration, tap new markets, enhance product offering
across price points with aggressive marketing. With the severe fall of
rupee value against dollar, a slowing economy and negative consumer
sentiment, consumer durables companies (CDCs) are being forced to
think of alternatives and supplements to their existing business
Keeping the long-term gains in mind, consumer electronics companies
are trying to increase production as much as possible. Local
manufacturing helps to control costs, but companies can't suddenly
start production in India for various reasons, with unavailability of
majority of equipment in India. According to a study by Corporate
Catalyst India, just 30-35% of electronic component required for
manufacturing are available from local sources and semiconductors are
imported almost 100%.
by IESA Research
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