IESA WINWire Oct 18 - Oct 24, 2014
for Subscription click here  
9th Anniversary

IESA Technovation Awards 2014 – SEND YOUR NOMINATIONS NOW
 

Over the years the Technovation awards have set quality standards for the electronics and semiconductor ecosystem. The Awards will honor India’s best individual contributors and organizations that drive the industry forward; and provide them with a platform to showcase their achievements and product successes. Nominations open till November 7, 2014. Nomination Forms available on IESA Technovation Website. Click on the link for details

 

http://iesaonline.org/Technovation2014/index.html

Indian Internet of Things market to be worth $15 billion by 2020: DeitY
Source: The Times of India; October 18, 2014

http://timesofindia.indiatimes.com/tech/tech-news/Indian-Internet-of-Things-market-to-be-worth-15-billion-by-2020-DeitY/articleshow/44866222.cms

 

The Department of Electronics and Information Technology (DeitY) on Friday laid out a draft policy on Internet-of things in India, envisioning the IoT industry to be worth $15 billion by 2020. "We had a meeting on July 31 in Delhi where we called different stakeholders — academia, industry — and we had a discussion on what is the approach for IoT. We decided why should India lag behind and came up with this document after the workshop," a DeitY official told ET.

The draft says the government will fund creation of resource centers and test-beds as a common experimental facility. "We believe it is a great start," said MN Vidyashankar, president of industry body India Electronics & Semiconductor Association.

Samsung to make big investments, LG bullish on biz climate
Source: Indianretailer.com; October 18, 2014

http://www.indianretailer.com/article/sector-watch/cdit/Samsung-to-make-big-investments-LG-bullish-on-biz-climate-2490/
 

Korean technology major Samsung has committed to big investments in India in a meeting with Telecom Minister Ravi Shankar Prasad, while LG expressed great faith in the "changed investment climate", says a report in PTI.

While attributing the success of Samsung to Indian engineers, Samsung IT and Mobile Communications President and CEO Jong Kyun Shin in the meeting with Prasad "expressed great hope in the India's 4G mobile market and expressed his desire to make big investments in India", Telecom Ministry said in a statement.

Gartner Says Worldwide Semiconductor Capital Spending To Increase By More Than 11 Per Cent In 2014
Source: EFYTimes.com; October 18, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=150777

Worldwide semiconductor capital spending is projected to total $64.5 billion in 2014, an increase of 11.4 percent from 2013 spending of $57.8 billion, according to Gartner, Inc. Capital equipment spending will increase 17.1 percent in 2014, driven by strong memory average selling prices and increased demand for consumer products.

For 2014, Gartner's forecast for semiconductor equipment has been increased slightly from the previous forecast. Longer term, Gartner expects modest growth through the semiconductor cycle, with just a modest pause in the equipment market expected in 2016.

Wearable device market to trigger huge growth in semiconductor and sensor
Source: Electronics Engineering Herald; October 19, 2014

http://www.eeherald.com/section/news/onws201410190005.html

The Key difference between a wearable electronics and smart phones is, wearable device is in extreme proximity to the user. Devices such as smart watch is always feeling the skin of the user and also physical movements/activities.

With such a physical closeness to the user of the devices, wearable device is a better option for health and activity monitoring rather than smart phone. So more number of sensors can go into wearable compared to smart phone. With this trend of wearable device preference for health and activity monitoring, IHS estimates the shipments of sensors used in wearable electronic devices to grow by 7x times from 67 million in 2013 to 466 million in 2019.

Indian electronics body expects Rs.10,000 crore investment in 2 years
Source: Mangalorean.com; October 20, 2014

http://www.mangalorean.com/news.php?newstype=local&newsid=521289

The India Electronics and Semiconductor Association (IESA) is expecting to garner Rs.10,000 crore investment in the electronic system design and manufacturing (ESDM) sector in the next two years, IESA chairman Ashok Chandak said here Monday.

“We are expecting Rs.10,000 crore investment in the ESDM space in the next two years and hopefully a majority of it will come from global entities and alliances,” Chandak told IANS.

The association has set up International Investment Promotion Cell, to support the government's “Make in India” campaign, for encouraging international investments and commitments in the ESDM landscape in the country.

IBM to pay Globalfoundries to take chip unit
Source: Zee News; October 20, 2014

http://zeenews.india.com/business/news/technology/ibm-to-pay-globalfoundries-to-take-chip-unit_110372.html

IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing, mobile and big data analytics.

IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday.

IBM will take a related pre-tax charge of $4.7 billion in its third quarter.

Samsung eyes India's 4G mobile market
Source: Digit; October 20, 2014

http://www.digit.in/telecom/samsung-eyes-indias-4g-mobile-market-24225.html

India's 4G market is currently seeing a slow and sporadic growth. But, the segment is set to soon get a huge push from the likes of Samsung and LG, which have shown interest in making big investments in the country.

India's IT Minister Dr. Ravi Shankar Prasad is paying a visit to South Korea to seek more investments in the electronics manufacturing. The minister also held a meeting with Samsung IT and mobile communications president and CEO Jong Kyun Shin as part of the ongoing Make in India initiative.

IESA announces initiatives to SPEED UP “Make in India” agenda-varindia | Make in India
Source: VAR India; October 21, 2014

http://www.varindia.com/iesa-announces-initiatives-to-speed-up-make-in-india-agenda.html

India Electronics and Semiconductor Association (IESA) has made a series of announcements with an objective to speed up “Make in India” agenda by promoting design-led manufacturing in the Indian ESDM landscape. The association has already signed MoU with Taipei Computer Association (TCA) of Taiwan, India Business Support Center (IBSC) of Japan to be signed soon and initiated talks with Singapore, USA and Israel counterparts. The Indian Industry and DeitY delegation, coordinated by IESA, to Japan is expected to happen during the last week of October and IESA led visit to Taiwan is scheduled in December.

Make in India Initiative to Support ESDM Industry in India, IESA Claims
Source: EFYTimes.com; October 21, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=151093

Central government's newly launched Make in India initiative will benefit the electronic system design and manufacturing (ESDM) industry in India as the campaign is expected to pull investment proposals around Rs 100,000 million in the next couple of years, claims India Electronics and Semiconductor Association (IESA).

The industry body is looking forward to launch initiatives to help the government support design-led manufacturing in the ESDM sector in India.
The association proposed to set up an international investment promotion cell to attract more investments from abroad and build partnerships with trade entities in japan, Taiwan, the U.S., Singapore and other countries.

Gujarat govt to set up 'Electronic Mission' to boost product manufacturing
Source: Business Standard; October 21, 2014

http://www.business-standard.com/article/politics/gujarat-govt-to-set-up-electronic-mission-to-boost-product-manufacturing-114102100932_1.html

In a bid to give fillip to indigenous manufacturing of electronics products and attract investment in the sector, Gujarat government has proposed to set up ‘Gujarat Electronics Mission’ under the new draft Electronics Policy (2014-19) for the state. The mission will identify and facilitate formation of Electronics Manufacturing Clusters (EMCs) and set up offices in different countries to attract investments to Gujarat from those countries in Electronics System Design and Manufacturing (ESDM) sector.

"Internet of Things... The Opportunity for India"
Source: Siliconindia.com; October 22, 2014

http://www.siliconindia.com/magazine-articles-in/Internet_of_Things_The_Opportunity_for_India-PWRR816752475.html

To date mostly our personal computing devices like PCs, smart phones and tablets are connected to the Internet. With Internet of Things (IOT), it would be an explosion of 30 to 50 billion THINGS connected to the Internet by 2020. The current count of such devices as per Cisco's 'Internet of Everything' Connections Counter is 11.8 billion.

What does THINGS connected to the Internet mean? How would that help and what functions would they perform? The vision is of billions and trillions of sensors connected to humans, cars, machines, buildings, power grids, appliances and even animals, sensing critical information ranging from something as simple as temperature, to the vital signs of equipment, to the status of the environment and feeding the information via some network to a central location.

Time to buckle up to realise the 'Make in India' dream
Source: gulfnews.com; October 22, 2014

http://gulfnews.com/opinions/columnists/time-to-buckle-up-to-realise-the-make-in-india-dream-1.1402400

There was an unintended irony in the launch of the ‘Make in India’ campaign — the plan to transform Asia’s third biggest economy into a global manufacturing hub, unveiled by India’s Prime Minister Narendra Modi with much fanfare in New Delhi. This gaffe was hard to miss for those present at the event. The USB flash drives containing the electronic versions of the brochures were made in China.

India imports 65 per cent of the current demand for electronic products, most of it from China. If the situation is left unchanged, the country’s electronics import bill may well surpass its oil import expenses by 2020.

Top-level exits hinder growth plans of several startups
Source: Economic Times; October 23, 2014

http://economictimes.indiatimes.com/news/emerging-businesses/startups/top-level-exits-hinder-growth-plans-of-several-startups/articleshow/44912866.cms

A talent flux at the top may hinder aggressive growth plans at many cash-rich startups as many new ventures are grappling with exits of CXO-level talent. At least a dozen startups, including Myntra, Commonfloor, Housing.com, Zomato, Yebhi and Olacabs, have lost senior leaders around a year — or even less — after their joining.

Reasons for the exits range from executives launching their own ventures, joining other startups, going back to a regular corporate job, taking abreak or even a clash in.

Compiled by IESA Research

research@iesaonline.org

The IESA WINWire is available on the IESA website, www.iesaonline.org. To receive IESA WINWire or be removed from our distribution list, email research@iesaonline.org  with "Subscribe" or "Unsubscribe” in the subject box.

**Disclaimer
All information provided in this document is of a general nature and is not provided with any warranty as to its suitability to the circumstances of each individual business. Readers and users are entirely and individually responsible for taking appropriate action with regard to the setting up of such services and for the consequences of such actions. As per Copyrights Act, 1957 (“Act”) : Publishing articles which contain extracts from other works and providing the source of such extracts will not be an act of infringement of copyrights.

Copyright © 2007, India Electronics & Semiconductor Association

 
 
 
 

India Electronics & Semiconductor Association
Head office: Unit G-02, Ground Floor, Prestige Terminus-II, 901 Civil Aviation Road, (Old HAL Airport Exit Road), Konena Agrahara,
Bangalore 560 017 | India.  Phone: +91 80 4147 3250 Facsimile: +91 80 4122 1866
New Delhi office: DBS Business Centre, First Floor World Trade Tower, Barakhamba Lane Connaught Place, New Delhi - 110 001 India
www.iesaonline.org