Fifty-six corporations moved production facilities out of China between April 2018 and August 2019. However, only three of those companies relocated to India and two set-up manufacturing facilities in Indonesia. According to a report by Nomura, a Japanese financial organization, the majority moved to Vietnam and a good portion went to Taiwan and Thailand. One…
How boAt has cornered the audio accessory market
Consumer electronics startup, boAt, received INR 16 Cr (about USD2 Mn) in debt financing from investment lending firm, InnoVen Capital. The startup also recently acquired USD2.9 Mn in venture debt from Sachin Bansal’s BAC Acquisitions. Founded by Aman Gupta and Sameer Mehta in 2016, boAt is a technology company that manufactures electronics products in India…
TCS launches new robotic process for the semiconductor industry
One of India’s most comprehensive software exporters, Tata Consultancy Services (TCS), recently launched a new robotic process automation (RPA) solution for greater accuracy and reliability in chip fabrication. RPA will also help semiconductor businesses with digital transformation. TCS has set up a unique Semiconductor Centre of Excellence (CoE) to design closed-loop systems that connect analytics…
How IoT and consumer electronic startups are benefitting from accelerator programs
Kerala, India may not be central to the country’s top startup companies, and may even trail Karnataka, Maharashtra, and Delhi, in funding. However, it is ahead of the curve for startups in relation to government accelerator, incubator, and mentorship programs. Kerala also offers impressive financing tools and grants for R&D, which has launched many ideas.…
New trends in electronic manufacturing services
The electronic manufacturing services (EMS) business is expected to reach USD 847.10 billion by 2025. Demand for smart devices, energy-efficient electronics, and new partnerships between OEMs and manufacturers are affecting the industry. Additionally, new electronic devices and smart materials — such as for medical devices, aerospace, and telecommunications — are driving the EMS market forward.…
LG Electronics India plans to boost B2B sector in 2019
Consumer electronics manufacturer from South Korea, LG is anticipating a Rs 2,000-crore business below its business-to-business (B2B) segment this year while maintaining a 30 percent year-on-year growth, a company official stated. LG Electronics India’s B2B sector, which has been reinstated as Business Solutions, now contributes approximately 10 percent to the company’s total profit. The Business…
Why dehumidifiers are a must-have in semiconductor manufacturing facilities
According to the research firm, MarketsAndMarkets, the Indian semiconductor market is forecast at USD 32.35 Bn by 2025 — growing at a CAGR of 10.1 percent between 2018 and 2025. The country is currently developing its domestic electronics system design manufacturing (ESDM) industry, with a base of more than 120 companies. About 2,000 chips are…
Accelerator for semiconductor startups launches in India
IESA seeks chips for various products such as smartcards, energy meters, LED lighting, rural broadband, and IoT incorporations in various sectors. The new accelerator is also looking to build a local station of semiconductor startups that can devise chips for India-specific necessities. The aim is to incubate three or four startups in 2019. India is…
How India is growing the semiconductor sector
According to research by MarketsAndMarkets, the Indian semiconductor market’s worth is forecast at USD 32.35 Bn by 2025 — growing at a CAGR of 10.1 percent between 2018 and 2025. India is currently developing an electronics system design manufacturing (ESDM) industry, with a base of more than 120 units. About 2,000 chips are designed every…
India: The next chip design hub?
India has been taking slow and conditional steps towards indigenous chip design for the last few years and considers local chip development as a strategic requirement. Numerous attempts were made in the past to develop a semiconductor manufacturing ecosystem, including discussions with leading chip manufacturers TSMC and AMD around setting up a fab plant in…
Samsung launches “made in India” smartphones
Samsung recently introduced the much-awaited “made in India” Samsung Galaxy Note10 and Galaxy Note10+ with amplified S Pen and pro-grade camera. The phone utilizes Android 9 (Pie) operating system, the slimmest and small 6.3-inch FHD+ Galaxy Note10 (8GB RAM+256GB memory with no microSD slot) is assessed at Rs 69,999. The larger 6.8-inch Galaxy Note10+ (12GB…
Why a recession may hit the semiconductor industry
The global semiconductor industry is forecast to slow down and decrease in size this year. According to a recent survey by Gartner, respondents predicted that chip revenue will decline to be about 2.6 percent in 2019. However, there is good news. The industry is expected to bounce back to 8.1 percent growth in 2020, proceeded…
TCS propels robotic explications for the semiconductor industry
India’s most comprehensive software exporter Tata Consultancy Services (TCS) recently propelled new Robotic Process Automation (RPA) solutions to stimulate greater accuracy and better condition in chip fabrication and help semiconductor businesses with digital transformation. TCS has set up a unique Semiconductor Centre of Excellence (CoE) to design and create closed-loop systems that connect the power…
Aiwa re-enters India with its consumer electronic products
Japanese consumer electronics brand Aiwa is all set to start offering Premium SMART 4K Ultra High Definition LED TVs, wireless headphones, smart home audio systems, and personal audio merchandises. And they have re-entered the Indian market with their array of audiovisual products. “This return to the Indian market is the first step in that direction…
5 trends disrupting the Indian consumer durables market
Indian consumer electronics market is anticipated to reach USD 118.4 billion in 2025, as per a new paper by Grand View Research, Inc. Growing disposable income, accelerated urbanization, as well as the introduction of innovative products in the market, is assumed to further contribute to the market growth. The requirement for flat washing machines, refrigerators,…
Huawei partners with Micromax to grow consumer electronics market in India
Huwaei, the second-largest smartphone manufacturer in the world, recently announced that it is partnering with Indian-based consumer electronics business, Micromax. According to the companies, Micromax will develop strategies that benefit the Huawei brand and “gain a stronger foothold in the Indian consumer electronics market.” The Chinese multi-national company, Huwaei, says it’s also proposing a multi-phased…
Top 3 most recommended ESP8266 projects
In this repository of ESP8266 projects, we will take you through some of the most recommended DIY projects. A very small but highly potent WiFi module, it serves as a one-stop destination for a wide range of IoT based tasks and home automation projects. These projects quite similar to Arduino projects, however, ESP8266 projects are…
The job market in the electronics industry
The electronics sector has a massive demand for a skilled workforce, and presently, this industry is confronting a shortage of skilled workforce in the fast-evolving areas like Industry 4.0, IoT, Embedded Design and other new age economy skill finesse. To capture this requirement of the industry and develop the workforce as per the prevailing and…
Top Ten Robotics Startups To Watch Out in 2019
While AR, VR, IA, and IOT are sprinting hard to lead the tech world, there is one strong contender that will be an essential part of every journey – Robotics. Even now, it is slowly becoming the strongest channel for streamlined implementation of above mentioned technologies in our everyday lives. Taking another step ahead in this direction, we bring you a list of top ten noteworthy startups who have made their mark within a short time and are moving ahead with flying colors.
10 Hardware Tools That Every Electrical Engineer Should Have In ToolBox
Electrical projects are extraordinary in every sense, apart from specific subject knowledge one also needs proper workspace, motive, and tools to accomplish a job. For the regular domestic electrical projects, you can employ the most common tools that are present in every household. However, innovators, designers, thinkers, and engineers fall in a completely different category, they can’t work with regular common tools. They need specialty tools. We have aggregated here a list of top ten essentials that will help all creators in upgrading or completing their toolkit. Take a look.