Government targets Rs
24,000 crore IT revenue in next 7 years
Source: The New Indian
Express; July 19, 2013
The State Government is aiming high. It has set its sight on
generating revenue of Rs 24,000 crore from information communication
technology (ICT) sector in next seven years to jump up the ladder and
position itself along with Andhra Pradesh and Karnataka.
The current software exports of the State stands at Rs 1,940 crore
which puts it among the top 10 States in the country but the new draft
of ICT Policy aims at bigger things. It targets to attract top 10 IT/ITES
and top five electronic system design and manufacturing (ESDM)
companies to the State by 2020 while raising its total ICT revenue,
which includes exports of software, IT services, domestic consumption
and training, to Rs 24,000 crore.
All caps off telecom sector, but will the dollars roll in?
Source: Deccan Herald; July
The telecom industry has given thumbs up to the UPA government’s
latest decision to increase the foreign direct investment (FDI) cap
from 74 per cent to 100 per cent in telecom saying it would
reinvigorate a sector which is in severe debt.
According to him, the telecom operators who want to run a company
without Indian partners, will have to procure sensitive products used
in telephone operations like chips and routers from domestic
manufacturers. The government will encourage telecom operators to
invest in manufacturing of telecom equipment.
PC chip market improving slowly; Intel and AMD grew revenues in Q2
Source: Electronics Engineering Herald; July 21, 2013
The two major indicators of PC semiconductor chip market, Intel and
AMD's revenues are released for 2nd Q 2013. Intel has reported a
second-quarter revenue of $12.8 billion, operating income of $2.7
billion, net income of $2.0 billion and EPS of $0.39.
"In the second quarter, we delivered on our quarterly outlook and made
several key product announcements," said Intel CEO Brian Krzanich. "In
my first two months as CEO, I have listened to a wide variety of views
about Intel and our industry from customers, employees and my
leadership team and I am more confident than ever about our
opportunity as a company."
Electronics Manufacturing Opportunities With Taiwan
Source: EFYTimes.com; July
In a bid to boost the domestic manufacturing, India is eyeing at
manufacturers in Taiwan. A joint delegation of industry and
government, led by Dr Ajay Kumar, joint secretary, Department of
Electronics and IT, participated in Computex 2013. The electronics
event was organised by Taiwan Computer Association (TCA) at Taipei,
Taiwan in June this year.
The delegation included Dr. Omkar Rai, DG, STPI, D. P. Singh,
additional director, DeitY, Pankaj Mohindroo, president, Indian
Cellular Association, N.K. Goyal, president, CMAI, Dr. Ramanna Rao,
president, LEDMA and MD, MIC Ltd., Anwar Shirpurwala, executive
director, MAIT, Sravanan Chandra Mouleeswaran, vice president, SriCity,
Daleep Kaul, head, business development, Sify Technologies, Gaurav
Mahindroo, executive assistant, MD, RICO Auto Industries, Devesh Tyagi,
director, STPI and Bijesh Kumar Roul, deputy director, India Cellular
Ezetap launches 1st
'Made in India' mobile point of sale unit
Source: Business Standard; July 22, 2013
Ezetap today launched the first domestically manufactured and globally
certified mobile point of sale device, also known as debit or credit card
swipe machine, for less than $50.
"Competing head-to-head against global payments companies using devices
manufactured in China in the fast-growing Mobile Point-of-Sale market, the
entire Ezetap solution from its card reader to service platform has been
100% designed and developed in India," Co-Founder and CEO of Bangalore-based
Ezetap, Abhijit Bose said in statement.
E-skin Bandage That Acts as Health Monitor
Source: Medindia.com; July
An electronic skin is being created by scientists that responds to
touch by instantly lighting up. The more intense is the pressure, the
brighter is the light emitted.
Ali Javey, UC Berkeley associate professor of electrical engineering
and computer sciences, said that with the interactive e-skin, they
have showed an elegant system on plastic that can be wrapped around
different objects to enable a new form of human-machine interfacing.
This latest e-skin builds on Javey's earlier work using semiconductor
nanowire transistors layered on top of thin rubber sheets.
Business groups urge
Biden to press India on concerns
Source: Thomson Reuters;
July 23, 2013
U.S. business groups on Monday urged Vice President Joe Biden to press
India's leaders this week to reverse course on a number of government
policies they said unfairly harm U.S. companies that do business in
the world's largest democracy.
"Unfortunately, many U.S. companies are facing serious issues doing
business in India," the U.S. Chamber of Commerce, the National
Association of Manufacturers and some 40 other groups said in a letter
to Biden, who will meet with Indian Prime Minister Manmohan Singh in
New Delhi on Tuesday.
"In the manufacturing, agriculture, telecommunications,
biopharmaceutical, solar energy, entertainment, semiconductor, and
other sectors, many companies face measures that are discriminatory,
unfair, and/or inconsistent with international norms."
Our vision is to
create 1.2 million jobs for Karnataka by 2020: T V Mohandas Pai
Source: Business Standard;
July 23, 2013
In a week or so, in a pioneering development, the major arteries of
Bangalore's commercial hub - Brigade Road and MG Road - are going to
be blanketed with free Wi-fi as a de-facto kick-off to the Karnataka
Information and Communication Technology Group (ICT) 'Vision 2020',
headed by Manipal Global Education Services Chairman T V Mohandas Pai.
He talks to Rajiv Rao about the plan's prospects.
When will free Wi-fi in Bangalore become a reality?
All the equipment has been installed and is being tested. It took more
time than we anticipated because of all the power connections,
approvals and security clearances that we had to obtain. We should go
live in about a week.
OEM chip spending
returns to growth in 2013
Source: Cybermedia India
Online Limited News; July 23, 2013
After a flat year in 2012, global purchasing of semiconductors by the
world's top electronic brands is set to return to growth in 2013, as
Apple Inc. and Samsung Electronics contend to claim the title of
The total available market, or TAM, for semiconductor spending by
major original equipment manufacturers (OEM) in 2013 will rise to
$265.2 billion this year, up 4.2 percent from $254.4 billion in 2012,
according to a Semiconductor Spend Analysis Market Tracker Report from
information and analytics provider IHS. Spending by year-end will be
at its highest level in six years, with expenditures in 2014 forecast
to make another modest jump to $279.4 billion.
Import Of Electronics,
Mobile Phones To Be Reduced To Support Rupee
EFYTimes.com; July 23, 2013
To encourage the inflow of foreign institutional investment into the
country and form a pro-growth policy, some experts have suggested
reducing the import of electronics. The current move by the Reserve
Bank of India to raise the rates is having a detrimental effect on the
growth while encouraging foreign debt which is considered as hot
While the “feel good” factor will now take a long time to come by,
cutting back of the rates by RBI will at least do some justice to the
situations and the market can “feel better”.
Source: Business Line; July
The Government will soon issue guidelines for giving financial support
to start-up firms working in the field of electronics.
It will consider providing 15-25 per cent of the total investment for
such projects through fund managers, including ICICI Bank, Kotak
Mahindra Bank or any big IT company.
“This will be the first time in the country that we will have a system
by which the Government can effectively stimulate private sector in
research and development because we have one of the lowest intensity
of R&D work as part of the GDP (less than 1 per cent) now,” a senior
official at Department of Electronics and Information Technology told
Business Line. Once the guidelines are prepared, the Government will
also fix its return on investments (around five per cent). A
high-level committee is working on preparing the guidelines under the
chairmanship of R. Chidambaram, Principal Scientific Adviser to
Government of India.
Apple iPhone sales
record 400% growth in India, Cook acknowledges country's importance
Source: The Economic Times;
July 25, 2013
KOLKATA: Apple Inc CEO Tim Cook has taken a U-turn on his stance on
India, saying iPhone sales in the country beat all expectations to
soar 400% in the April-June quarter just a year after he famously said
he loved India but felt business opportunities were much more
In a conference call from the firm's Cupertino headquarters, Cook
acknowledged the importance of India, which outpaced Apple's growth in
its core markets.
Planning Commission spurns Department of Electronics's Rs 25,000-crore
fab manufacturing plan
Source: The Economic Times; July 25, 2013
The Planning Commission has shot down the Department of Electronics
and IT's Rs25,000-crore plan to set up dedicated fab manufacturing
units in the country, citing possible subsidy outgo to the private
sector, dealing a big blow to the industry. "This would amount to
giving subsidy to a private company... This is not how the government
works," said a Planning Commission official, requesting anonymity.
Mobile growth dip takes shine off Samsung's record profit
Source: Reuters India; July 26, 2013
Samsung Electronics Co Ltd announced a $1 billion increase in
investment on Friday, hoping a strong recovery in semiconductors will
make up for weakening smartphone growth as it faces mounting pressure
to produce eye-catching new gadgets.
The high-end smartphone market, which Samsung dominates along with
Apple Inc, is slowing and the South Korean giant is struggling to
convince investors it can crack the rapidly growing low-end segment,
where its rivals include China's Huawei Technologies Co Ltd and ZTE
Samsung on Friday reported a 47.5 percent rise in April-June operating
profit of a record 9.53 trillion won, in line with its estimate.
by IESA Research
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