Chips act as the brains of computers and are needed in just about every device with an ON-OFF switch. The mapping of the requirements and making it meet the production lifecycle of individual companies and a well calibrated global supply chain is not an easy job. Although chip shortages are abating, the global semiconductor market is entering a period of weakness, which will persist through 2023 when semiconductor revenue is projected to decline 2.5 percent.
Pandemic laid out bare the chinks in the chip industry armour. It showed how far the world can be impacted by this industry. As the learning was being digested by countries, economies and regions, lots of policy and geo-strategic conditions, which were outside the control of the industry, had started impacting them in a big way.
First the Russia – Ukraine War, then the US restrictions and the war clouds over Taiwan, in all the world has not been to recover from the pandemic before the multiple factors have again started to hit at its underbelly. The seamless demand-supply production and enmeshed supply chain, seems to have become a thing of the past.
Few months ago, the chipmakers seemed to be on the top of the world. In July, the US passed a $52 billion subsidy package that included grants to build new chip factories. Betting on federal subsidies and growing need of their products US chipmakers such as Intel, Micron Technology, Texas instruments and GlobalFoundries pledged huge expansions in domestic manufacturing.
But the question is how long would the current slowdown last? With regards to chips pertaining to automobiles, the availability is much better today. Going forward, Prices of smartphones and computers are likely to fall as chip supplies grow and the prices for those two types of memory chips are likely to plummet. Prices still remain high for many types of semiconductors, way above pre-pandemic pricing.
It is being reported by the semiconductor companies t.
Chips act as the brains of computers and are needed in just about every device with an ON-OFF switch. The mapping of the requirements and making it meet the production lifecycle of individual companies and a well calibrated global supply chain is not an easy job. Although chip shortages are abating, the global semiconductor market is entering a period of weakness, which will persist through 2023 when semiconductor revenue is projected to decline 2.5 percent.
Pandemic laid out bare the chinks in the chip industry armour. It showed how far the world can be impacted by this industry. As the learning was being digested by countries, economies and regions, lots of policy and geo-strategic conditions, which were outside the control of the industry, had started impacting them in a big way.
First the Russia – Ukraine War, then the US restrictions and the war clouds over Taiwan, in all the world has not been to recover from the pandemic before the multiple factors have again started to hit at its underbelly. The seamless demand-supply production and enmeshed supply chain, seems to have become a thing of the past.
Few months ago, the chipmakers seemed to be on the top of the world. In July, the US passed a $52 billion subsidy package that included grants to build new chip factories. Betting on federal subsidies and growing need of their products US chipmakers such as Intel, Micron Technology, Texas instruments and GlobalFoundries pledged huge expansions in domestic manufacturing.
But the question is how long would the current slowdown last? With regards to chips pertaining to automobiles, the availability is much better today. Going forward, Prices of smartphones and computers are likely to fall as chip supplies grow and the prices for those two types of memory chips are likely to plummet. Prices still remain high for many types of semiconductors, way above pre-pandemic pricing.
It is being reported by the semiconductor companies t
Technology video | 137 views
Share Market में लौटी रौनक | Sensex Market latest news | Share Market | Stock market
सोमवार को पहले थोक महंगाई दर और फिर शाम को खुदरा महंगाई दर के उत्साहजनक आंकड़े आने का असर आज भारतीय बाजार पर दिखाई दिया... इस बीच अंतरराष्ट्रीय बाजारों से भी अच्छी खबरें मिलती रहीं.... जिससे सेंसेक्स में गिरावट के दौर पर ब्रेक लग गया... और बंबई स्टॉक एक्सचेंज का सेंसेक्स 465 और निफ्टी 149 अंक उछल गया.
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'There is a threat looming over our country & the constitution' - Sangeeta Shah from Mumbai.
She walks in the #BharatJodoYatra to save our democracy.
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'There is a threat looming over our country & the constitution' - Sangeeta Shah from Mumbai.
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Accenture forecasted second-quarter revenue in the range of $15.20 billion to $15.75 billion, the median of which is below the analyst estimates, according to reports. The company, however, in its first quarter (following September-August financial year), has reported revenues of $15.7 billion, an increase of 5% in dollar terms and 15% in local currency over the same period last year, beating market estimates.
The guidance given by the IT major is frequently viewed as a gauge for the Indian IT sector. Analysts believe the revenue growth momentum of Indian IT firms, if not in the immediate next quarter, would see a slowdown in the coming quarters as the global economic scenario evolves.
Experts say, “The revenue growth momentum has already been moderated for Indian IT firms. Although the next quarter wouldn’t see much difference, depending on how the challenges emerge in the future, the momentum may take a hit in the following quarters.”
At the same time, Research Analyst from Axis Securities said, “Accenture’s guidance indicates pressure from the macroeconomic conditions being faced. However, its results prove the resilience of the IT sector as demand remains stable.” Hence, the IT firms may be expected to perform at par in the next quarter but would see the growth momentum slow down if pressures mount.
Having said that, the Indian IT firms still have a strong labour cost advantage when it comes to large-scale enterprise software. The locus of demand, however, is moving away from implementing technologies from SAP SE or Oracle Corp. at clients’ premises. Demand for cloud-based workflow automation.
#Salesforce has become the latest technology company to lay off its employees and focus on profitability. The workforce strength of the Company had grown 36% over the last one year, in keeping with the surging demands of customers.
While there is no exact number of employees that are out of the job, the US cloud-based
Technology video | 174 views
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Markets reality on the ground is not so bad. But, mood is not uplifting because of the fear of unknown and uncertainty, says Sunil Bharti Mittal at the World Economic Forum 2019 in Davos, Switzerland.
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Deep uncertainty surrounding military action against Syria hangs over President Barack Obama's three-day overseas trip to Sweden and Russia.
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The political drama over Mehbooba Mufti taking over as the chief minister in Jammu & Kashmir escalates with many PDP MLAs expressing their displeasure to PDP president Mehbooba Mufti over delay in government formation in the state.
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130 employees of IFB AC plant at Verna stop work over Job uncertainty, say they will meet CM Dr Pramod Sawant, allege that company taking interview in Kolhapur to deprive locals of jobs
130 employees stop work over Job uncertainty. Alleged that interviews were conducted in Kolhapur
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With a winter storm threatening to bring a thick layer of ice to Georgia and other parts of the South, officials are advising people to stay home and off the roads. The storm has already hit northeastern Alabama where slick roads were causing wrecks.
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Obama seeks to pin blame for looming highway crisis on congressional Republicans (July 1)
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