IESA WINWire July 19 - July 25, 2014
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9th Anniversary

EE Times Silicon 60: Hot Startups to Watch
Source: EE Times; July 17, 2014


It has been more than 18 months since EE Times last produced a version of the Silicon 60. The global economic, entrepreneurial, and electronics business climates have all improved in that time, and EE Times has brought 38 recently formed companies on to version 15.1 of its list of 60 firms that we feel are worth keeping an eye on.

Saankhya Labs Pvt. Ltd. (Bangalore, India), founded in 2007, is an Intel Capital-backed supplier of software-defined demodulation solutions -- semiconductor and firmware -- for universal digital TV, analog TV, radio, and other broadcast media.

Bengal Offers NASSCOM 'Ready' Space for Incubator
Source: The Hindu Business Line; July 19, 2014

West Bengal IT Minister, Amit Mitra, on Friday offered Nasscom a 10,000 sq ft of "ready" space to set up its first incubator in the region. According to Mitra, the space has been allotted in the IT township of Sector V in Salt Lake. The space will be provided by Webel (the West Bengal government's electronics arm). An additional 2,500 sq ft of space will also be allotted to the incubation facility. This space will be allotted once the facility becomes operational. "Please ensure that you provide venture capitalist and angel investors also to the incubation facility," Mitra said while speaking at the Nasscom Product Conclave in the city.

Worldwide Semicon Sales On Pace To Total $336 Billion In 2014
Source: CIOL; July 19, 2014

Worldwide semiconductor revenue is on pace to reach $336 billion in 2014, a 6.7 percent increase from 2013, and up from the previous quarter's forecast of 5.4 percent growth, according to Gartner Inc. Sequential growth in the second quarter of 2014 is outpacing expectations, as can be seen in many companies including foundry leader TSMC, which is expecting second-quarter sequential growth of over 20 percent. "2014 semiconductor growth is widespread across many chip types and applications" said Bryan Lewis, research VP at Gartner.

Andhra Wants To Make Best of Kakinada as Manufacturing Hub
Source: Financial Chronicle; July 20, 2014

With focus on increasing indigenous production of IT hardware, the government of India has recently identified Kakinada for hardware manufacturing in Andhra Pradesh. The Andhra Pradesh government is looking to make the most of the opportunity. “We will work out a plan in days to come to attract various industries to the hardware cluster,” said JSV Prasad, industries department principal secretary, Andhra Pradesh. “It is early to comment on the companies that are likely to set up operations at Kakinada, but we will take measured steps,” he said, adding that the project is long term in nature.

Govt Receives Investment Proposals worth Rs. 80,000 Crore for Electronics Sector
Source: Business Standard; July 21, 2014

The government has received fresh investment proposals of about Rs.5,000 crore in the field of electronics manufacturing, taking the cumulative amount to about Rs.80,000 crore till June. This is as per latest data shared by the Department of Electronics and Information Technology (DEITY). The total number of investment proposals stood at 41 at the end of June. “The rate of receipt of MSIPS (modified special incentive package scheme) applications has increased in the last two months. With the budget announced, this trend is expected to further strengthen. The mood is positive and there is optimism in the air. Potential investors are encouraged to make their move now,” DEITY joint secretary Ajay Kumar said in a monthly communique. In June, the government approved an incubation centre that will be set up in Delhi to support start-ups working in the field of electronics design and manufacturing. The incubation centre will be set up by the Software Technology Parks of India (STPI) in collaboration with industry body, the India Electronics and Semiconductor Association (IESA).

Internet of Things: 8 Pioneering Ideas
Source: Tech Online India; July 21, 2014

You're figuring out how to apply the Internet of Things (IoT) in your organization, bring your imagination and get ready to do some heavy lifting. Sure, we've all seen the predictions from Gartner: 26 billion IoT units deployed by 2020, with product and service suppliers positioned to rake in revenue of more than $300 billion. But here, now, in 2014, the IoT -- and the machine-to-machine technology behind it -- is really a disparate assortment of ideas and products competing for attention.

Odisha Targets Rs 3,200 Cr IT Exports In FY15
Source: Business Standard; July 22, 2014

The state government has set a target of Rs 3200 crore IT (information technology) exports in 2014-15, an increase of about 33.33 per cent over the previous fiscal.

Software exports from the state was Rs 2400 crore in 2013-14 compared to Rs 1945 in the previous year, representing 23 per cent increase. No IT companies have signed MoU (memorandum of understanding) with the government during 2012-13 and 2013-14 for the development and export of IT products. The growth of IT export last year was 23 per cent.

Industry Gathers at India's Electronica, Productronica
Source: PCB007; July 22, 2014

Electronica India and productronica India are the country's number one trade fairs for electronic components and production technology. This year, 300 exhibitors, representing 600 companies, will take part September 23-25, 2014. After a successful 2013 edition that witnessed 11,589 trade visitors, the 15th edition of India’s leading trade fairs on electronics components and production technology will be hosted at BIEC
Indian Electronics Semiconductor Association (IESA), electronica India, and productronica India will present the maiden edition of Deftronics conference--an industry symposium focused on aerospace and defense electronics.

Student Design Contest on IoT
Source:ACCSIndia; July 22, 2014

Advanced Computing and Communications Society (ACCS) announces a Student Design Contest on the theme of Internet of Things (IoT) as part of its 20th Annual International Conference on Advanced Computing and Communications (ADCOM 2014) to be held in Bangalore from September 19 to 22, 2014.

Rs 1,000-Cr Start-Up Club Growing
Source: Business Standard; July 22, 2014

For the Indian e-commerce sector, the last few months have brought cheer, as more start-ups have joined the Rs 1,000-crore club. The most recent to enter the elite club include Olacabs, BookMyShow, Zomato and Quikr. The high penetration of internet and the increased use of smartphones have helped the cause of top e-commerce firms, leading to a rapid rise in their valuations, experts say. The quick growth of internet-based companies comes at a time when e-tail major Flipkart is valued at an estimated $4-5 billion (Rs 24,000-30,000 crore) and listed entity Justdial has market capitalisation of Rs 11,000 crore.

China's Xiaomi targets India in push for 100m phones
Source: New Zealand Herald; July 23, 2014

In just four years, Xiaomi has evolved from startup to outselling Apple in China by offering inexpensive devices packed with high-end features. Now it's targeting India.

After using social media to tap the Chinese diaspora in markets including Singapore, Xiaomi teamed with to sell its Mi3 phone starting on Tuesday for 13,999 rupees ($232). The phones sold out in 30 minutes, Flipkart said while declining to comment on the number of units sold.

DeitY Advisory on PMA Bidding Norms
Source: The Times of India; July 24, 2014

A foreign supplier of telecom electronics emerging as the lowest (L1) bidder in a government tender will be awarded a contract only after a sizeable chunk of the total deal value has been set aside for domestic suppliers, said an internal Department of Electronics and Information Technology (DeitY) advisory aimed at boosting local gear manufacturing. However, if the L1 bidder is a domestic telecom products maker, it will be “awarded the full value“of the government contract, the advisory added.

Broadcom to Lay Off 2,500 Employees
Source: EE Times India; July 24, 2014

Broadcom is set to dismiss 2,500 employees after the company failed to sell its cellular base band business. It recently reported neither profits nor revenue growth for the latest quarter. Broadcom will take a $417 million charge, about $150 million of it this quarter, for the restructuring which will include closing or consolidating 18 offices. "The decision to exit the cellular base band business puts Broadcom on a path to being a stronger company," said Broadcom's chief executive Scott McGregor.

IT hubs planned at Bhopal, Indore, Gwalior, Jbp
Source: The Freepress Journal; July 23, 2014

The state government will develop IT hub in four cities – Indore, Bhopal, Gwalior and Jabalpur and has earmarked 600 acre land for the industries, said IT and transport Minister Bhupendra Singh.

Singh tabled his reply to the demands for grants in legislative Assembly. He said Infosys, TCS and Impetus had been allotted land in SEZ. Proposals of 26 IT companies had been sanctioned. The government had got sanction for electronic manufacturing clusters to be developed in four cities.

Taiwan interested in manufacturing semiconductors in Gujarat
Source: The Times of India; July 24, 2014

A 12-member delegation from Taiwan, including Taiwanese ambassador in India Chung Kwang Tien today met Gujarat Chief Minister Anandi Patel here and held a detailed discussion about various issues, including production of semiconductors. Giving them a positive feedback, Patel said that Vadodara and Sabarkantha districts are ideal for setting up production facilities for semi-conductors, adding that the Gujarat government is determined to provide employment to local youth through such projects. After a detailed discussion about increasing co-operation between Gujarat and Taiwan in the field of bilateral trade, education and cultural sector, Patel also invited Taiwan to participate in the forthcoming Vibrant Gujarat Summit-2015 and explore possibilities in the medium and small scale enterprises sector here.

Compiled by IESA Research

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