Mobile devices constituted 32 percent of the Indian chip market, followed by computing and office automation equipment with 31 percent. The two segments are expected to account for most of the semiconductors used in India over the next several years too, the report predicted.
Out of the quarterly Semi market ($75 to $80Billion for 2011), this roughly translates to $1.6B, still a small 2% market -it doesn't add up. I would have expected it to be higher than a meager 2% given the population and the growth rate of the economy. Further, a major portion of this market is in mobile devices and office automation, proving a point that a lot needs to happen in industrial and manufacturing markets.
Join our online Radio Show on Friday 11th July starting at 2:00pm Eastern, when EETimes editor of all things fun and interesting, Max Maxfield, and embedded systems expert, Jack Ganssle, will debate as to just what is, and is not, and embedded system.