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South Korean multinational conglomerates Samsung and LG are considering setting up units to manufacture electronic chips in India, following the government's clearance to build two such semiconductor units.
Economic Times
The chipmaker announced that it was cutting 1,100 jobs in the US, India and Japan as it moves to "reduce investments in markets that do not offer sustainable growth and returns."
Marketwatch.com (Dow Jones)
ARM has opened a new Design Center in Noida, North India. The center will focus on IP design in specialized areas such as planar and FinFET CMOS technologies and address the growing needs of ARM partners.
Company release
Two consortiums, including IBM and STMicroelectronics, have proposed building semiconductor wafer plants in India costing a total of $8 billion, a minister said after the government approved concessions to lure chipmakers.
Reuters
Nokia's long-running tax dispute with the Indian authorities appeared to take another turn after it was revealed that it sent the commerce ministry a strongly-worded letter branding India its "least favourable market" and threatening to move production to China.
The Register
Selling a gold-colored iPhone could be popular in countries like China and India, where Apple and Google are fighting it out to be the dominant player in their still-booming smartphone markets.
CNN
The original goal was two fabs and after the latest chip initiative was formed two years ago, it managed to finally shortlist two consortia to set up chip fabrication units in the country.
EE Times
India has filed a complaint to the World Trade Organization's dispute settlement body, saying that the US is offering subsidy programs in the solar industry for local content requirements.
UPI
Bucking the industry trend and rising three places to No. 3, Qualcomm attributed its 29.6% growth to continued adoption of smartphones and the growth of 3G and LTE technology in emerging regions, such as China and India.
Company release
The Directorate General of Anti-Dumping and Allied Duties of the Ministry of Commerce has initiated anti-dumping investigations into the import of solar cells from China, Malaysia, Chinese Taipei and the US.
The Hindu Business Line
The Times of India
French telecom vendor Alcatel-Lucent will cut about 1,000 jobs in India as part of its global restructuring effort to cope with dwindling demand for network equipment among telcos in the country.
ZDNet
Slowing growth in China and India has hit prospects across the rest of Asia and led the Asian Development Bank to make the biggest cut in its regional economic growth forecast since 2008, according to its chief economist.
CNN
The Delhi environment department has identified 25 government schools and 10 government hospitals that will get independent solar power systems.
Times of India
India may launch an anti-dumping investigation against solar panels made in China, after the US and Europe launched similar probes, the Guangzhou Daily reported on Monday.
China Daily
India may auction a third of the solar projects planned by 2017 in the current financial year to double the nation's sun-powered capacity as it seeks additional clean-energy investments to combat power shortages.
Daily Herald
The state government has launched a plan to boost the lift irrigation projects in the state wherein it will install solar panels on irrigation canals to generate power.
The Times of India
MIPS Technologies, Ingenic Semiconductor and Karbonn Mobiles have jointly announced availability in India of the world's lowest-cost Android 4.1 'Jelly Bean' tablet.
Company release
Samsung topped the Indian smartphones market with 40.4 per cent share during the January-March quarter. Total smartphone sales touched 2.7 million units during the quarter.
Business Line
Reuters reports that Amazon is expected to set up a digital bookstore in Brazil in the fourth quarter. It quotes an unnamed industry source as saying: "Brazil would be the first country Amazon enters only with digital (products) and that is because of the logistic and tax difficulties." I wrote to Badri Seshadri, co-founder of New Horizon Media (and earlier Cricinfo) asking if a similar - digital-only strategy - will work in India. He responded by saying it won't. He gave these reasons.
Forbes
Non-conventional energy projects in the district have received a boost with more and more people coming forward to install solar panels and bio-gas plants to combat power shortage.
Times of India
The recently inaugurated Gujarat Solar Park was developed in less than two years with the co-operation of 21 international companies.
Finacial Times
The Indian government has granted its 4G broadband spectrum to Qualcomm nearly two years after the US chipmaker paid US$1 billion in an auction.
Tech Eye.net
Altair Semiconductor has released a cost and feature-optimized chipset tailored for the Indian TD-LTE market, which is expected to become one of the fastest-growing LTE markets in the world.
Company release
The National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said.
Economic Times
Economist
With Indian receiving $10.2 billion investments in clean energy, the country has emerged as one of the top performing clean energy economies in the 21st century, an eminent American non-profit organisation said in a report.
Times of India
Energy Matters
India is yet to utilise its solar potential; at present, solar power (photovoltaic and concentrating solar thermal power) contributes a mere 0.4 per cent of the total power generation.
REVE
In a bid to draw public awareness towards energy conservation, state government is all set to replace street lights in 65 streets in cities and peri-urban areas across the state with light emitting diode (LED) bulbs.
The Times of India
Indian utility Tata Power Ltd said on Tuesday it would buy out BP Alternative Energy Holding's 51 percent stake in joint venture Tata BP Solar for an undisclosed amount.
Reuters UK
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