IESA WINWire Aug 17 - Aug 23  2013
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US chipmaker Maxim to acquire Volterra Semiconductor for $605 mn
Source:; 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 since 2003.

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 business.

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.

Samsung Electronics 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 survey said.

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 smartphones.

Indians bring 3,000 flat-screen TVs a day to India
Source: Gulf News; August 20, 2013

Indians returning from abroad bring nearly 3,000 flat-screen televisions into the country a day, the Associated Press reported on Tuesday.

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 India.

Govt to ban duty-free import of flat panel TV sets from Aug 26
Source: DNA; August 20, 2013

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
Source: Electronics 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
Source: 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 said.

See the future of user interfaces
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 models.

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%.

Compiled by IESA Research

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