Global Chip Industry | Government Pushing Country | Rise of AI | VARINDIA News Hour
As the world is facing an acute shortage of computer chips, hundreds of billions will be spent by governments and corporations in coming years on a 'chip race' with geopolitical as well as economic implications. The electronics market in India is currently $160 billion and is expected to touch $400 billion by 2026. The surprising thing is there is a value addition of only 15 percent to the Indian economy and the remaining 85 percent is either imported or completely knocked down units or semi-knocked down units and are absorbed by the Indian economy without any value creation. Forty percent of an item’s value is in components and another 40 percent is in IP and technology. So, your design should come from India and that IP value should get recognised in India. Patents should be filed in India. There was sudden growth arising due to the COVID-19, continued stay-at-home era caused by the coronavirus pushed demand beyond levels projected by chipmakers. Lockdowns spurred growth in sales of laptops to its highest in a decade. Home-networking gear, webcams and monitors were snapped up as office work moved out of the office, and Chromebooks as school left school. Sales also jumped for home appliances from TVs to air purifiers, all of which now come with customized chips.
The Global semiconductor manufacturing giant, TSMC and Samsung are working on 3nm mass production by 2022. The rise of artificial intelligence is another force pushing chipmakers to innovate: AI relies on massive data processing. More efficient or power-saving designs are also becoming a critical consideration given the so-called internet of things -- a universe of smart or connected devices from the beefiest phones to the most common light switches and refrigerators -- is expected to swell usage of chips exponentially in coming years. Now things are getting changed, the USP of India is very stron.
Global Chip Industry | Government Pushing Country | Rise of AI | VARINDIA News Hour
As the world is facing an acute shortage of computer chips, hundreds of billions will be spent by governments and corporations in coming years on a 'chip race' with geopolitical as well as economic implications. The electronics market in India is currently $160 billion and is expected to touch $400 billion by 2026. The surprising thing is there is a value addition of only 15 percent to the Indian economy and the remaining 85 percent is either imported or completely knocked down units or semi-knocked down units and are absorbed by the Indian economy without any value creation. Forty percent of an item’s value is in components and another 40 percent is in IP and technology. So, your design should come from India and that IP value should get recognised in India. Patents should be filed in India. There was sudden growth arising due to the COVID-19, continued stay-at-home era caused by the coronavirus pushed demand beyond levels projected by chipmakers. Lockdowns spurred growth in sales of laptops to its highest in a decade. Home-networking gear, webcams and monitors were snapped up as office work moved out of the office, and Chromebooks as school left school. Sales also jumped for home appliances from TVs to air purifiers, all of which now come with customized chips.
The Global semiconductor manufacturing giant, TSMC and Samsung are working on 3nm mass production by 2022. The rise of artificial intelligence is another force pushing chipmakers to innovate: AI relies on massive data processing. More efficient or power-saving designs are also becoming a critical consideration given the so-called internet of things -- a universe of smart or connected devices from the beefiest phones to the most common light switches and refrigerators -- is expected to swell usage of chips exponentially in coming years. Now things are getting changed, the USP of India is very stron
Technology video | 149 views
Russia- Ukraine War | Semiconductor Chip Industry | VARINDIA News Hour
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There is growing tension and bad news for the already-stressed #semiconductor chip industry. This comes at a time when chipmakers are struggling to keep up with the demand for chips across the computing and automobile sectors, among others. Experts predict that the Russia Ukraine war has the potential to constrain the supplies of neon and palladium – two critical components in the manufacturing of semiconductor chips. Ukraine is a major supplier of neon gas, which is used in the lithography stages of chip production. Sources said, Ukraine has a share of 90% semiconductor -grade of neon, a noble gas. The gas, a biproduct of Russian steel manufacturing, is purified in Ukraine, market research firm Techcet says. Russia is the source of 35% of the palladium used in the United States. The metal is used in sensors and memory, among other applications. This could lead to an increase in the cost of production of semiconductor chips. Both Russia and Ukraine are vital exporters of raw materials used in the manufacturing of Chipsets and semiconductors, with these chips being vital to all modern electrical devices, companies may decide to pass on these costs to buyers, leading to an increase in the prices of consumer technology products.
Europe faced one of its biggest security crises in decades, after Russia invaded Ukraine by land, air and sea. As per analysts, Russia is also a key supplier of neon and palladium – accounting for a third of the global supply of the metal. Palladium is a metal that is used for electronics, catalytic converters among other things. West’s sanctions against Russia could lead to a shortage of this metal and force manufacturers to scramble for alternative sources. Large chip companies said they expected limited supply chain disruption for now from the Russia-Ukraine conflict, thanks to raw material stockpiling a
Technology video | 187 views
Metaverse Pushing Data Usage | 20 Times in 10 Years | VARINDIA News Hour
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The transition of digital ecosystem to #metaverse, where a person will feel immersed in a virtual world, will have the direct impact on the data usage like screen time and consumption of the bandwidth by 20 times across the globe by 2032 and telecom operators, Bharti Airtel and Reliance Jio are suitably placed to benefit from the surge in India, as per the report from Credit Suisse. The report said metaverse has enormous potential to further expand screen time and drive more bandwidth consumption. 'Internet traffic is already 80% video and has been growing at a 30% CAGR. Augmented reality and virtual reality technologies are expected to see a boom as these are the technologies that are required for accessing the metaverse. According to the report, while 5G will support the metaverse ecosystem, the emergence of 6G will enhance metaverse use cases. It said the gaming segment is one of the segments where early use cases of metaverse are expected.
The report highlighted that gaming is at an early stage in India and mobile gaming is being driven by mobile phones due to the emergence of affordable smartphones and 4G data services. Mobile internet remains the key medium for Indian users to go online, given relatively low fixed broadband penetration. The share of mobile gaming in online games is expected to increase in future, the report said. The report added that India is one of the leading countries in the world in terms of number of hours spent on mobile per day but it has low penetration of fixed broadband compared to global peers, which will be key to realise the full potential of metaverse. While it is too early to determine the impact of metaverse on Indian telcos' revenues, we believe Bharti Airtel with 17 percent of revenues from fixed line and Jio are well placed to benefit from surge in data usage driven by me
Technology video | 142 views
The aluminium-ion battery can charge up to 60 times faster than lithium-ion cells. Saudi-backed Indian researchers Saturnose is becoming the latest to join the race for aluminium-ion batteries. Now SATURNOSE is witnessing backing from many quarters. It is now considered as the most disruptive new next gen deep technology rechargeable battery which is an alternative to lithium ion. On a first of kind proveness with technology backing. The energy storage solution we are building is the lowest per/KW in the world with best TCO and life of usage. The main feature of this new rechargeable battery enables the lowest CAPEX spend (almost one 3rd compared to lithium ion and 1/4th on pump storage), longer durability with efficiency. Aluminium-ion battery cells are a hotbed of development, particularly for automotive use. The graphene aluminium-ion battery cells from the Brisbane-based Graphene Manufacturing Group (GMG) are claimed to charge up to 60 times faster than the best lithium-ion cells and hold three times the energy of the best aluminium-based cells. This technology is going to bring potential challenge to India’s lithium-ion battery market, which was valued at $1.66 billion in 2020, and it is expected to reach $4.85 billion by 2027, registering a CAGR of 17.23% during the forecast period of 2022-2027.
The technology is first of its kind proven in the world and getting patented as EA2I (Enhanced altered Aluminium Ion). This is the first aluminium Ion commercial battery lab tested with advanced features to lithium Ion and extreme cost advantage. There is a group of scientists and experts from IIT Delhi building the technology with a global virtual team! The new company is fund backed from DANVENTURE, SA and has invited funding by Austria Govt to start. NITI Ayog with its scientific panel highly approved the technology and gave immense support and invited to have it in India. It is claimed that it will be the world’s first commercial-grade aluminium-ion solid-
Technology video | 160 views
India’s tech industry's strong growth, crossed $200 bn in revenue | NASSCOM | VARINDIA News Hour
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Indian tech industry clocked double-digit growth across sub-sectors adding $30 bn in revenues in FY 2022 and nearly 450,000 jobs. #NASSCOM Tech CEO Survey 2022 says, 72% CXOs expect 2022 to be another growth year driven by digital demand and higher investments in R&D; Resilience and Agility integrated in the industry business model. The Indian technology industry crossed the $200 bn revenue mark, reaching $227 bn revenue in FY 2022, witnessing a $30 bn incremental revenue in the year with an overall growth rate of 15.5%. Recording the highest ever growth since 2011, all sub-sectors of the industry recorded double-digit growth across. Exports (including hardware) recorded a growth of 17.2% clocking revenue of $178 bn which is over 51% share of India’s total services exports. India’s massive digital infrastructure played a key role in driving India’s tech adoption with public digital platforms becoming the bedrock of India’s digital advantage. Industry experts say, Fiscal 2022 has been a breakthrough year for the Indian technology industry. India has emerged as a global hub for digital talent with over 5 million tech workforce.
The industry recorded nearly 10% estimated growth in direct employee pool in FY2022E with a highest-ever net addition of approximately 450,000 to its employee base. With 1 out of 3 employees already digitally skilled, the digital tech talent pool is at 1.6 million, growing at a CAGR of 25%. With massive focus on reskilling and upskilling, the Indian tech industry reskilled approximately 280k employees in FY2022. With over 36% of women employees, the Indian tech industry is one of the largest private-sector women employers in India with over 1.8 mn women in the workforce. The industry also undertook over 290 M&As with their primary focus as digital. India continues t
Technology video | 142 views
UCIe technology is expected to bring innovations in semiconductor industry | VARINDIA News Hour
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The growing concern on the Semiconductor chip shortages have been aggravated by the pandemic. Manufacturing companies are increasing chip production – but the shortfall won't be resolved immediately. With the rising popularity of chiplets in semiconductors, market leaders in packaging, IP suppliers, foundries, and cloud service providers have joined forces to launch the Universal Chiplet Interconnect Express (UCIe) standard to establish an open ecosystem for future technologies. Industry leaders joining the initiative already include the likes of AMD, Intel, Meta, Microsoft, Google, TSMC, Samsung, Arm, and Qualcomm, whereas Nvidia is notably absent from the grouping, despite exploring a chiplet path for its next-generation GPU designs. The UCIe 1.0 specification is a complete standardized die-to-die interconnect, encompassing a physical layer, protocol stack, software model, and compliance testing, a consortium said. It natively maps PCI Express (PCIe) and Compute Express Link (CXL) protocols. The spec will enable end users to mix and match dies and other chiplet components from multiple sources with different packaging options.
According to Gordon Moore, the number of transistors in an integrated circuit doubles every two years (i.e., Moore's Law). However, maintaining this while using a monolithic design has gradually become more challenging, leading companies like AMD and Intel to use chiplet systems within their products. However, as chiplets become the new norm for CPUs and GPUs, developing an industry-wide standard would greatly help the industry, as manufacturing partners could use components from different ecosystems and still create an SoC with them. Besides the modularity it brings, implementing the new standard across the chip industry would also speed up the development of new
Technology video | 149 views
Space economy worth $1.25tn by 2030 | NSR | Global Space Economy | VARINDIA News Hour
Northern Sky Research (NSR) in its Global Space Economy, said in its second Edition report, is projecting that the Global Space Economy will be worth $1.25 trillion (€1.12tn) by 2030. Further NSR is projecting strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25 trillion in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25 percent CAG. Satellite & Space Infrastructure is the largest segment today, with burgeoning demand from the Crew & Cargo market as the leading revenue source. Close behind are key infrastructure markets such as Satellite Communications, Earth Observation, Situational Awareness and Science & Technology. Altogether, the Satellite & Space Infrastructure market will generate over $570 billion in revenue by 2030, says NSR. But these traditional revenue generators are changing. NSR says that by decade’s end, the report observes Satellite Communications Services overtaking Infrastructure to become the dominant market in terms of annual revenues.
From segments such as Mobility (aero, maritime, land) to Enterprise Data and Government/Military, the upside for Satellite Communications Services is significant as more/flexible satellites are launched and an increasingly virtual, 5G-enabled and cloud-based ground segment is enabled. At an impressive CAGR of nearly 13 per cent, this segment is a key revenue driver going forward,” notes the report. Then, as the decade rolls on, a third category emerges: “Satellite & Space Applications, also contribute well to global space revenues. Earth Observation Information Products, Data Analytics, Data Downlink and Space Tourism & Travel are all key applications driving long term demand. Revenue of $140 billion by 2030 and a 1
Technology video | 187 views
Digital Currency Glitches | Global Concerns | VARINDIA News Hour
The ambiguities surrounding the digital currency still leave enough space for the analysis of its unreserved acceptance, trust and anticipation, which are the main drivers for the spread of the network. It is time for the Banks to carefully consider the technology underlying these cryptocurrencies as a potential generic new way of transferring ownership of the value over the long term. Especially Bitcoin is the technology adoption in the presence of network externalities. The growth in digital currencies could make cross-border payments more efficient and help address the $1.7 trillion global trade financing gap. These burgeoning currencies may not solve all trade issues, however, and could further complicate the supply and demand of foreign exchange, especially for countries with limited existing international trade. There is no doubt that the digital currencies are growing: the market is valued at more than $2 trillion and involves more than 15,000 varieties. Based on the Atlantic Council’s CBDC tracker, nine countries or currency unions have launched their digital currencies, while 15 are in the pilot phase. Additionally, 16, including India, are in the development stage, and 40 are in the research stage. Seven are inactive and two have cancelled any plans to launch it.
Digital currencies could provide alternative credit information for trade finance and there’s a $1.7 trillion global trade financing gap, which heavily impacts SMEs who typically don’t have established financial records with banks. Public ledgers of digital currencies could be used to share payment and financial history to underwrite loans for import and export. At the same time, strong privacy protocols would need to be enforced in order to achieve this. The Reserve Bank of India will launch the CBDC from the upcoming financial year. This follows the government’s plans to launch the CBDC that will be backed by bloc
Technology video | 126 views
Jay Culver, Global Sales Director, Global Media shares his view about Global Media on VARIndia TV
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Declaration:
Favouring a few businessmen friends & pushing country's unemployment rate to a record high.
Exposes the true agenda of Modi Sarkar.
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Favouring a few businessmen friends & pushing country's unemployment rate to a record high.
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