Should India be able to decouple itself from US Subprime Impact?

Friday, August 31, 2007

Semiconductor mkt to touch $5.49 bn in 2009

NEW DELHI: Global chip majors may not be rushing to India but the Indian semiconductor segment is showing potential with the total market revenues expected to reach $5.49 billion in 2009 driven by telecom, IT, power and broadcasting equipment.
But this may not be enough as India will be just 1.62 per cent of the global semiconductor market in 2009 which is a small improvement over 1.09 per cent in 2006.

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