According to Gartner, the worldwide semiconductor industry has been hit by the softening consumer and business demand as it recorded an estimated revenue decline of US$12 billion for 2008, compared to last year.
The effects of constrained budgets are being felt by the semiconductor companies. Moreover, there has been a tremendous slowdown in demand of products like cars, consumer electronics and Pc's that has led to the lower revenues. Components for sectors ranging from the technology industry to the medical industry are made by the semiconductor industry.
The UK-based Axon Group has been acquired by HCL Technologies for £441 million ($658 million), marking the largest ever tech buyout by an Indian firm. HCL Axon, the new entity formed after the buyout, is now chasing outsourcing deals worth $1.2 billion.
The acquisition makes HCL's SAP business three times bigger than that of Satyam, its closest SAP competition in the domestic market. Satyam's revenues from SAP implementation is said to be about $150 million.
It is being said by the Prime Minister Kevin Rudd that the conclusion to keep out Telstra from bidding to build the national broadband network was made at arm's length from the Federal Government.
Since Telstra was not contended that there was enough detail from the Government on regulatory requirements, it submitted a brief proposal instead of a full bid.
According to Telstra, the reason behind its exclusion is that it did not say how it would include small and medium businesses in the network's construction.
Virgin Media, the UK's leading broadband provider, has rolled out its ultra fast 50Mb broadband service in UK.
With nearly nine times(1) the average headline broadband speed, the service comes with a new DOCSIS3.0 modem, a wireless 'N' router offering the UK's fastest wireless connection, plus free anti-virus and anti-spyware software as well as unlimited downloads.
Twelve Nobel Laureates from all over the world will take part in a week-long science conclave, which is being organized by the ministry of human resource development (MHRD) and the department of science and technology (DST) at the Indian Institute of Information Technology, Allahabad (IIIT-A).
Asia’s first ever science conclave will be held from December 15 to 21.
India’s Vice-President Mohammed Hamid Ansari announced that it is very essential that more young people are drawn into research for better prospects as the value and size of scientific research is slumping because of insufficient facilities, funds and lack of capable teachers.
Mr. Ansari made this announcement while lecturing at the centenary year celebrations of Indian Institute of Science (IISc), on Sunday.
According to Gartner, the worldwide semiconductor industry has been hit by the softening consumer and business demand as it recorded an estimated revenue decline of US$12 billion for 2008, compared to last year.
The UK-based Axon Group has been acquired by HCL Technologies for £441 million ($658 million), marking the largest ever tech buyout by an Indian firm. HCL Axon, the new entity formed after the buyout, is now chasing outsourcing deals worth $1.2 billion. 
It is being said by the Prime Minister Kevin Rudd that the conclusion to keep out Telstra from bidding to build the national broadband network was made at arm's length from the Federal Government. 
Virgin Media, the UK's leading broadband provider, has rolled out its ultra fast 50Mb broadband service in UK. 
Twelve Nobel Laureates from all over the world will take part in a week-long science conclave, which is being organized by the ministry of human resource development (MHRD) and the department of science and technology (DST) at the Indian Institute of Information Technology, Allahabad (IIIT-A).
India’s Vice-President Mohammed Hamid Ansari announced that it is very essential that more young people are drawn into research for better prospects as the value and size of scientific research is slumping because of insufficient facilities, funds and lack of capable teachers. 
