US firms need to invest in India's manufacturing sector: Sibal
Source: mydigitalfc.com; December 2, 2013
American companies show more interest in selling aircraft and defence
equipment to India than in investing in its manufacturing sector which
needs to be developed to reduce the country's import dependence in
areas such as electronic goods, Telecom Minister Kapil Sibal said
He also expressed concern over the US visa norms that impact Indian
professionals, especially in the IT sector. "They (US based investors)
are interested in selling their Boeings, they are interested in
selling aircrafts, defence equipments but that is not the way to
converge in this partnership. I am sorry I am bring very frank but its
the time to be frank," Sibal said at a summit organised by the
Indo-American Chamber of Commerce.
He added: "Today, because of high wages cost in China, manufacturing
facilities are shifting to India. Japanese are very keen to invest in
India, I don't know why the Americans don't come forward."
ST India Hosts IEEE workshop on advanced analog design
Source: EE Times India; December 2, 2013
STMicroelectronics India, in partnership with IEEE Solid State
Circuits Society (IEEE-SSCS), Delhi Chapter, is hosting a workshop on
advanced analogue design at Greater Noida, India, on December 2, 2013.
The workshop is led by eminent professor and industry veteran Michael
H. Perrott from Silicon Laboratories.
market 2018 forecasts for six sectors
Source: CIOL; December 2,
The consumer electronics market is forecast to witness a value of $1.6
trillion by 2018 primarily supported by application sectors: analog &
digital TV, tablet, digital cameras & camcorder, personal computers
and video/audio equipment.
Geographical analysis shows the highest CAGR of 17.6 percent is
foreseen from Asia-Pacific region during the analysis period
2011-2018. The Middle East is not way behind with a CAGR of 17
percent, followed by Africa at 16.9 percent. Japan forecasts to drive
with a growth rate of 13.9 percent.
Infineon expands lead
in power semiconductor segment
Source: CIOL; December 2, 2013
Infineon Technologies AG remained the world's leading supplier of
power semiconductors - for the tenth time in a row. This was the
result of a study by the North American market research institute IHS
In an overall declining market Infineon held a market share of 11.8
percent compared with 12 percent in the previous year, the survey
concludes. The company's number two competitor Toshiba had a market
share of 7.1 percent, followed by Mitsubishi with 6.9 percent. It is
notable that Infineon's lead over its second-place competitor
increased from 3.8 to 4.7 percentage points in a year-on-year
comparison. During the 2012 study period, the market volume for power
semiconductors dropped by nearly 16 percent to US Dollar 15 billion.
say budget cuts threaten U.S. competitiveness
Source: Reuters India;
December 3, 2013
Mandatory U.S. budget cuts known as sequestration are resulting in job
losses across the country and threaten to undermine U.S.
competitiveness in the global economy, industry executives and
academics said on Monday, urging Congress to reverse the cuts.
Wes Bush, chief executive of Northrop Grumman Corp, one of the biggest
U.S. weapons makers, said his company had already reduced its
workforce by 19 percent in recent years, and more cuts were likely
unless U.S. lawmakers ended the across-the-board cuts required under
Apple buys startup
Topsy; gets rich Twitter data
Source: Reuters; December
Apple Inc has acquired social media search and analytics startup Topsy,
an unusual purchase for a hardware-focused company that has made few
forays into social networking.
Apple confirmed the acquisition but would not say why it bought the
company, which specializes in analyzing Twitter data and providing
insights into current sentiment on a variety of topics.
The Wall Street Journal, which reported the news earlier, cited people
familiar with the deal as saying Apple paid over $200 million.
India needs innovative
e-payment systems for financial inclusion
Source: CXO Today.com;
December 3, 2013
Disruptive game changing innovations in the payment systems will be
critical to accelerate financial inclusion agenda of India, states a
latest report on financial inclusion by EY titled, ‘Accelerating
financial inclusion- The role of payment systems.’ The report, which
provides an outlook on India’s financial inclusion agenda, suggests
that with current trends like growing urbanization, rising middle
class and aspirations, this is the right time to tap the large
unbanked population of India.
Richard Beyer elected
to board of directors of Analog Devices
Engineering Herald; December 3, 2013
Richard Beyer, x-Chairman and x-CEO of Freescale Semiconductor is
elected as a Director of Analog Devices.
“We are honored to have Rich bring his decades of experience in the
semiconductor industry as well as his extensive executive leadership
experience to ADI’s board of directors,” said Ray Stata, ADI Chairman
of the Board.
Prior to Freescale Mr. Beyer held the position of CEO at Intersil
Corporation from 2002 to 2008 and at Elantec Semiconductor, Inc. from
2000 to 2002. Mr. Beyer also served in senior management roles at VLSI
Technology, National Semiconductor, and Rockwell International.
Big names line up for
recruitment at IIT
Source: The Times Of India;
December 4, 2013
The recruitment by industry majors continued steadily at the IIT
Madras campus on Tuesday, the third day of the placement season.
Companies like Flipkart, Oracle, Tata Motors, Amazon, Cisco, Deloitte,
Strand Life Sciences, Freescale Semiconductor and Infosys were among
those offering multiple profiles. Eighteen job profiles were on offer
on the day, said Lt Col (retd) Jayakumar, deputy registrar (students
and placement) at IIT Madras.
While 23 companies made 93 offers on Sunday, day two, Monday, wasn't
short on action either. Sources who did not wish to be named said 104
offers were made on Monday when 22 firms came.
recovers in 2013
Source: CIOL; December 4,
Following a 2.5 percent decline in 2012, the global semiconductor
market has regained its footing in 2013 with revenue set to expand by
nearly 5 percent because of the strong performance of the memory
Global semiconductor sales in 2013 will amount to $317.9 billion, up
4.9 percent from $302.9 billion in 2012, according to preliminary
estimates from the Semiconductor Value Chain Service at IHS.
Global semiconductor revenues up 5.2% in 2013: Gartner
Source: Business Standard; December 4, 2013
Global semiconductor revenues have risen by 5.2% to $315.4 billion
this year because of increased demand for dynamic memory (DRAM) chips,
research firm Gartner said today.
Worldwide semiconductor revenues stood at $299.9 billion last year.
"After a weak start to 2013 due to excess inventory, revenue growth
strengthened in the second and third quarters before levelling off in
the fourth quarter," Gartner said in a statement.
Sony may buy Renesas chip plant: Sources
Source: The Times Of India; December 4, 2013
Sony may buy a Japanese factory from chipmaker Renesas Electronics to
boost production of its imaging sensors as demand rises from
smartphone makers, sources told Reuters.
Negotiations are ongoing and no agreement has been reached, the
sources said. Both companies declined to comment on the matter.
Imaging sensors have been a rare success for Sony, which has come to
dominate the CMOS sector, claiming a third of the market in 2012
according to research firm Techno Systems Research. Sony's CEO, Kazuo
Hirai, has identified the sensors as one of the pillars of his
Global electronics market forecast: $1.74 trillion in 2017 at a CAGR
Source: Electronics Engineering Herald; December 5, 2013
The leading electronics and semiconductor market research analysis
company IC Insights forecasts the total global electronic systems
sales to reach US$ 1.74 trillion in year 2017, a compound annual
growth rate of 5% from US$1.36 trillion in 2012. IC Insights estimates
the total electronic systems market by sales revenue of US$1.4 1
Trillion in year 2013.
IC Insights has come out with a report called "IC Market Drivers
report" on the market analysis of several existing and emerging
end-use applications that will drive the IC market through the year
Walden's $100-mn PE fund for electronic start-ups awaits PlanCom
Source: Business Standard; December 5, 2013
Department of Electronics and Information Technology (DEITY)'s
ambitious proposal to pick up a stake in a $100-million private equity
(PE) fund has been put on the backburner due to some objections by the
The plan panel, which has recently become wary of all government
investments, wants more than one player to be evaluated before the
final approval. Floated by global PE firm Walden International, the
fund planned to invest in electronics chip design start-ups. The IT
ministry proposed to have 15 per cent stake in the fund.
by IESA Research
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