Despite the disappointing top line number, investors remain cautiously optimistic that the memory chip glut is finally easing after more than a year of price declines. Samsungrivals Micron Technology Inc. and SK Hynix Inc. have signaled that electronics firms are working through bloated stores of memory chips after the post-pandemic collapse in demand for smartphones and computers.
The issue of regulating OTT players is a contentious one with most of the internet activists and associations representing these app providers such as IAMAI Nasscom , and USIndia Business Council, opposing any kind of regulatory framework.
Trai releases paper on whether to regulate OTTs – The Economic Times Read More »
Mining giant Vedanta on Friday said it would take over the ownership of Vedanta Foxconn Semiconductors (VFSL) and Vedanta Displays (VDL) from Twin Star Technologies (TSTL) via a share transfer at face value.
Vedanta to Take over Foxconn Chip JV from Holding Co – The Economic Times Read More »
Last month, a report by Nasscom stated that the market size of GCCs is expected to grow from Rs46 billion in 2023 to Rs60 billion by 2025. The number of GCCs in India is also expected to increase to 1,900 by 2025. Currently, GCCs employ about 1.66 million people, while the size of the total IT workforce in India is about 5.4 million.
Electronic systems design and manufacturing (ESDM) player Amara Raja Electronics Limited (AREL), which is a part of the Rs1.75 billion Amara Raja Group, has acquired a strategic stake in emerging engineering design firm Design Alpha (DFM Softech Solutions Pvt Ltd).
Amara Raja picks up stake in Design Alpha – Times of India Read More »
The objective of the proposed policy is to increase the flow of investments in the state in Information Technology Industry, ITeS and ESDM (Electronics System Design and Manufacturing.
In addition to Broadcom s investment, it was previously announced that Cisco Systems, a U.S. tech giant, intends to establish a chip design center in Barcelona. The presence of such key industry players demonstrates the growing interest in Spain s semiconductor sector and its potential for longterm success.
Broadcom commits to investing in Spain’s semiconductor industry – Telecom Lead Read More »
UiPath, a leading enterprise automation software company, today announced a partnership with FutureSkills Prime A MeitY nasscom initiative to empower the workforce with automation skills and create a digital skilling ecosystem, fostering India s growth as a global digital talent hub.
According to a report by NASSCOM, Web3 investments in India have totalled over Rs1.3 Bn since 2020. With mass adoption and robust regulations, Web3 business growth can add Rs1.1 Tn to India s GDP by 2032.
Cubet is partnering with Nasscom, the premier trade body and chamber of commerce of the Tech industry in India, for this year’s event. The theme of Cubethon 2023 is Bridging the Gap from College to Business.
Thank you for your interest in joining us for the event.
Registrations are now closed as we have reached full capacity.
