siliconindia | | November 20178The Indian semiconductor design industry, which was $14.5 billion in 2015, is estimated to cross the $50 billion mark by 2020, growing at a CAGR of 29.4 percent. What are your thoughts regarding this?According to SIA, September sales increased 22 percent YoY, and semiconductor sales will touch about $397 billion, WSTS estimates a growth of about 17 percent in 2017 vs. one percent in 2016. While memory is driving most of this growth, sensors and mixed-signal also show good growth. Areas in cloud computing, machine learning, connected cars/automotive, IoT and AI will continue to drive the need for chips that will need to optimize power and performance. These new applications will drive the design industry growth over the next few years. Semiconductor design is a niche and specialized skill set, and there continues to be a talent shortage in the industry. More companies will continue to do design work in India given the availability of good engineers in digital design and embedded systems. We believe that India will continue to lead in this area in the years to come in complex SOC design and embedded systems. With lower costs, Vietnam and Philippines will pose a competitive threat to companies who are simply in the resource augmentation business. To continue being competitive, Indian companies needs to transition from a pure resource augmentation play in semiconductors and move up the value chain to a solutions play. How do you compare the Indian semiconductor industry with the markets in the West?Over the last decade, India has made a transition in the digital semiconductor space. Changing from embedded software in my opinionTHE CURRENT SEMICONDUCTOR DESIGN SCENARIO IN INDIABy Suman Narayan, Senior VP - Semiconductor BU, CyientHeadquarters in Hyderabad, Cyient is a design, manufacturing, networks & operations, data transformation, and analytics company focusing on large industries such as Aerospace, Defence, Rail transportation, Off Highway, Power generation, Mining, Oil & Gas, and many others.Suman Narayan
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