IBM to expand cloud computing services to India
Source: Business Standard; January 18, 2014
"IBM is continuing to invest in high growth areas," said Erich
Clementi, senior vice president of IBM Global Technology Services.
Cloud computing is a term used to describe a variety of computing
concepts that involve a large number of computers connected through a
real-time communication network like the Internet.
"Today's announcement is another major step in driving a global
expansion of IBM's cloud footprint and helping clients drive
transformation," said Clementi.
The investment includes a network of cloud centres designed to bring
clients greater flexibility, transparency and control over how they
manage their data, run their business and deploy their IT operations
locally in the cloud.
Posco project will inspire Koreans to invest in India: Park
Source: Oneindia; January 18, 2014
The success of Posco's $12 billion steel project in Odisha will
inspire and determine investments by other major Korean firms in
India, South Korean President Park Geun-hye said Friday. Addressing a
business meeting here, Park, who is on a four-day state visit here,
hoped that the Posco plant would start production soon.
The minister said Korean technology and resources were also welcome in
IT, electronics, particularly semiconductors and chip-making.
Fresh attempt to boost
domestic manufacturing of electronics may not attract hi-tech
Source: The Economic Times;
January 19, 2014
A TV set top box (STB) made in India is dearer by about the cost of a
small Domino's margherita pizza compared to an imported box from
China. In a market that is fast shifting from cable TV to direct-tohome
satellite TV, the number of STBs needed is huge - about 75 million of
the boxes that help decode satellite signals and display content on TV
screens would be needed over the next few years.
"A focus on these 25 will help create the ecosystem and scale up
manufacturing in the country," says PVG Menon, president, India
Electronics and Semiconductor Association (IESA).
So for instance, whilst an STB is made by a few local vendors
including Videocon and MyBox Technologies, the manufacturers rely on
imports for components that go into the box, like integrated circuits.
Says Amit Kharbanda, CEO, MyBox Technologies: "We have localized 35%
of the STB, while rest of the components are imported and assembled
here." Similarly, for flat TVs, the local value-add (or components
sourced locally) is 25% while the rest of the components are imported.
TSMC says demand for
mobile devices boosted its Q4 revenue
Source: EDN Asia; January 20, 2014
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 10.9 per cent
growth in revenue in the fourth quarter, which ended December 2013,
compared to the same quarter a year ago. The company's Q4 net income
and diluted earnings per share both increased by 7.7 per cent. The
company says the growth can be attributed to the increase in demand
for mobile devices late in the year and its improved margins. TSMC
said the gross margin for the quarter was 44.5 per cent, operating
margin was 32.8 per cent, and net profit margin was 30.7 per cent.
TSMC, however, isn't optimistic about the coming quarter.
Lora Ho, senior vice president and chief financial officer of TSMC,
noted in a statement that the company expects its first quarter
revenue to decline sequentially by about 6 per cent. It's due to "IC
companies' weak seasonal demand and the continuing inventory
reductions by the fabless companies," she added.
Korea's World Chip
Market Share Rises to 15.8% Overtaking Japan's 13.9%
Source: Korea IT Times;
January 21, 2014
Korean semiconductor chip suppliers' share in the world market last
year has overtaken that of Japanese makers for the first time in
This is a great accomplishment after three decades since Korean chip
makers entered the market in earnest. The Ministry of Trade, Industry,
and Energy said this on January 20 citing data from the Korea
Semiconductor Industry Association and market research firm iSuppli.
Of the US$317.9-billion global sales revenue last year, Korean
companies sold $50.1 billion, accounting for a 15.8-percent share. As
for the Japanese counterparts, the market share was 13.9 percent,
ranking No. 3 in the world. The share of U.S. suppliers such as Intel,
Qualcomm, and Micron was 52.4 percent.
Samsung India Wins the
Prestigious Golden Peacock Award for its ‘Samsung Smart School’ CSR
January 21, 2014
Samsung Electronics Co. Ltd, a global leader in technology has been
awarded the prestigious ‘Golden Peacock Award for Corporate Social
Responsibility 2013’ for its Samsung Smart School initiative. The
Award recognises Samsung’s work to improve the quality of education
provided to underprivileged children in the country through its CSR
Commenting on the award, Mr. Ravinder Zutshi, Deputy Managing
Director, Samsung India said, “We are delighted to receive the
prestigious Golden Peacock Award for CSR for the third time. For
Samsung, Corporate Social Responsibility involves extending our legacy
of innovation to create value for society by addressing societal needs
and challenges. Through our initiatives to improve the quality of
education, such as the Samsung Smart School project, we hope to open
newer possibilities that positively transform people’s lives.”
Green light for
Industrial Township in Gr Noida
Source: Times of India;
January 21, 2014
The government on Monday approved an investment of over Rs 1,700 crore
in creating trunk infrastructure such as roads, bus rapid transit
system and telecom and IT infrastructure for an industrial township,
in an attempt to leverage it to attract private investment of over Rs
33,000 crore near the town in Uttar Pradesh where development has
slowed down with attention diverted to the Yamuna Expressway.
Prantij to house new
Source: The Times of India;
January 22, 2014
Prantij in Sabarkantha district has been picked as the location for
setting up of a new semiconductor wafer fabrication (FAB)
manufacturing facility in the state. Additional chief secretary of the
state's industry department said on Tuesday that the facility is
expected to attract more than Rs 22,000 crore investments in the
region. Of this, Rs 6,000 crore will be invested by the central
"The Union government has selected 1,000 acre of land for setting up
the manufacturing facility in Prantij, 15 km from Ahmedabad and
project will begin soon," Sahu said, speaking on the sidelines of the
launch of Gujarat Knowledge Application And Facilitation Centre by
Confederation Of Indian Industries (CII) in partnership with the
Gujarat government and Gujarat NRE Coke at CII building.
Lenovo in talks again
to buy IBM’s server business
Source: economic Times;
January 22, 2014
Lenovo Group is in discussions to acquire IBM's low-end server
business, and a deal may be signed within weeks, according to a person
with direct knowledge of the matter.
Lenovo has completed due diligence, according to the person, who asked
not to be identified because the talks are private. The companies
failed to agree last year on a price for the assets, estimated to be
worth $2.5 billion to $4.5 billion. Lenovo said it's in preliminary
talks on a possible acquisition without identifying the target or
Intel invests USD
120mn in Bangalore on infrastructure
Source: Voice & data
Online; January 22, 2014
Semiconductor giant, Intel invests USD 120 million on its
infrastructure in the India's Silicon Valley, Bangalore. The company
will set up a third building (SRR3) on an area spread over 18 acres at
Sarjapur Ring Road which is expected to be completed by mid 2015.
Currently, it has two buildings - SRR1 and SRR2 in the same campus.
While this investment hardly brings cheer to fresh employees in India.
Kumud Srinivasan, president of Intel India stated that they have no
plans to enhance their workforce currently. Commenting on a recent
news report on layoffs at Intel, Kumud said that layoffs aimed at
staying in tune with the market's progress. And she added, "The idea
is to shift headcount from low priority areas to high priority areas."
Texas Instruments to cut 1,100 jobs, India operations to be affected
Source: The Times Of India; January 22, 2014
Texas Instruments Inc plans to cut 1,100 jobs in the United States,
Japan and India, or about 3 percent of its global workforce, in a
corporate restructuring to save $130 million by the end of 2014.
The US chipmaker, which in 2012 announced it would lay off 1,700
people as it wound down its mobile processor business, has said it
wanted to reduce expenses in its embedded-processing division and in
New products offer a lot of potential, says Cadence India MD
Source: The Hindu Business Line; January 22, 2014
Ever wonder how the tiny chips that power our gadgets are designed and
checked before they are manufactured? Electronic design automation (EDA)
is the software that electronic designers use to handle the complexity
of modelling and verifying advanced semiconductor chip and system.
Cadence India, a subsidiary of US-based Cadence Design Systems, is a
leading provider of EDA solutions globally.
Jaswinder Ahuja, Corporate Vice-President and Managing Director of
Cadence India, talks about the growth of the India design centre and
the exciting opportunities for innovation
India-born Standford don wins Marconi Prize
Source: Manorama Online English; January 23, 2014
Arogyaswami Joseph Paulraj, a 69-year-old India-born professor at
Stanford University, has won the prestigious Marconi Prize 2014 for
his pioneering work on developing wireless technology to transmit and
receive data at high speeds.
"Paulraj's contributions to wireless technology and the resulting
benefit to humankind are indisputable. Every WiFi (wireless fidelity)
router and 4G phone uses Multiple Input Multiple Output (MIMO)
technology pioneered by him," Marconi Society chairman David Payne
said in a statement from California Wednesday.
Samsung and Apple accounted for 17% of total semiconductor demand in
Source: The Economic Times; January 23, 2014
Samsung Electronics and Apple remained the top semiconductor buyers in
2013, increasing their combined semiconductor demand by 17 per cent,
according to Gartner, Inc. Samsung Electronics and Apple together
consumed $53.7 billion of semiconductors in 2013, an increase of $7.7
billion from 2012.
"Samsung Electronics and Apple have topped the semiconductor
consumption table for three years running, with their share of the
design total available market (TAM) rising from 12 per cent in 20 ..
ZTE plans to manufacture its smartphones at the company’s Manesar
Source: The Economic Times; January 23, 2014
ZTE Corp plans to manufacture full range of smartphones at its Manesar
plant once its handset business assumes a certain scale in India, a
senior company executive said, giving a shot in the arm to the
country's plans of toning up its fledgling telecom manufacturing act.
The comments come at a time when the world's fifth-largest telecom
gear maker is looking to develop 4G equipment, mobile devices and
chipsets in the world's second largest mobile phone market after
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