India Will Become A Force In Semiconductors By 2010 - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Hardware & Infrastructure
News
12/15/2006
12:28 PM
50%
50%

India Will Become A Force In Semiconductors By 2010

A new report from In-Stat says that an acceleration in electronics manufacturing and growing semiconductor consumption is setting India up to be a major player in that market.

India is poised to become a major player in the semiconductor industry, according to a new report.

The country's growing semiconductor consumption and an acceleration in electronics manufacturing there will make India a force to be reckoned with in just three years time, according to In-Stat, an industry analyst firm.

"The semiconductor ecosystem, which is currently dominated by design services and embedded software, will be in place by 2010 with the setting up of planned semiconductor manufacturing facilities," said Mayank Jain, an In-Stat analyst, in a written statement. "Thus, by 2010, India will have the entire semiconductor industry in place, and will be in the reckoning among other Asian semiconductor manufacturing countries."

According to In-Stat, India also is one of the fastest growing semiconductor-consuming markets in the world. Analysts say the swift rise of the country's middle class is driving that market at "an astounding pace." The analyst firm's research shows that the Indian semiconductor market was valued at $1.18 billion in 2005 and they forecast that to nearly double by 2010, hitting $3.09 billion.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
News
COVID-19: Using Data to Map Infections, Hospital Beds, and More
Jessica Davis, Senior Editor, Enterprise Apps,  3/25/2020
Commentary
Enterprise Guide to Robotic Process Automation
Cathleen Gagne, Managing Editor, InformationWeek,  3/23/2020
Slideshows
How Startup Innovation Can Help Enterprises Face COVID-19
Joao-Pierre S. Ruth, Senior Writer,  3/24/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll