EIIR Provider Solutions/Capabalities
SHV acquires Kiwa active in the Testing, Inspection and Certification (TIC) industry from NPM Capital. Kiwa has almost € 600 million in sales with approximately 5,500 people. TIC is an attractive € 200 billion industry and growing 4.5% as increasing reg
EIIR Buyer GIC/R&D Best Practices/Solutions
Boeing is closing down its Seattle R&D center for cost control. This center does research on composites. A decade back it had planned for 900 employees which reduced to 29 now. One trend to watch is whether Boeing will look for cost takeout of its R&D centers with the help of engineering service providers? Boeing has 11 R&D centers in Australia, Brazil, China, Europe, India, Russia and the USA.
Volkswagen AG: Five plants in Germany Czech and China now produce MEB-Based EVs with total capacity of 900,000 cars per year. In 2022 three more plants will come up in Germany and US.
Samsung reportedly to reduce smartphone production proportion in Vietnam to 40%. India will account for 21%, Brazil 7%. Indonesia and South Korea 3% each and Turkey and Egypt a combined 1%, China Partners 18%
India has $85 bn opportunity in $500 bn global semiconductor market.
JP Morgan is increasing its tech spend to $12 billion to compete with fintechs. In 2020, its tech spend was $9.5 billion. Tech spend includes modernization, data strategy, product operating model and top talent.
Boeing Forecasts 20-year Middle East Commercial Jet and Services Market Valued at more than $1.4 Trillion
Boeing Forecasts Africa’s 20-year Commercial Aviation Market Opportunity Valued at Nearly $400 Billion
Engineering seats in India dropped to 23 Lac (2.3 million) now from peak 32 Lac few years back. India has talent at scale advantage in Global IT service industry. It's a good sign of focusing on quality over quantity now.
Toy industry H1 2021 global sales increased 15% vs. 2020, and 28% vs. 2019. One of the industries which got the benefit of pandemic lockdowns.
Indian government gets strict on offset commitments. From contracted $12 Billion only $5 billion is realized. A tailwind for Indian aerospace and defense engineering service providers.
TSMC to increase prices of its chips by 10-20%. It will have a cascading effect on the prices of products in many industries.
TSMC while increasing its prices by 10-20% is asking suppliers to reduce prices by 15%. Example of pricing power both with customers and suppliers.
Some data about Ukraine's IT and engineering service industry. It plans to grow from current $6 Billion to $16.5 Billion in 2025 which will be 10% of Ukraine's GDP.
Boeing forecasts $9 trillion aerospace market opportunities in commercial, defense and services over next decade
AMD overtakes Intel in desktop CPU market share for the first time in 15 years.
An interesting projection about ACs in India. Will number of ACs in Indian homes increase to 1 billion in 2050 from current 6 million as mentioned in this news? If it happens, it will be one of the biggest business opportunity in India in next couple of decades.
Okta is acquiring Auth0 for $6.5 billion. A consolidation in Identity Access Management (IAM) space. IAM software is $12 Billion market and growing at double digit. Okta is $800 Million Revenue and Auth0 is $200 Million Revenue.
Renault has developed transformation plan Renaulution which will target reduction in R&D and Cape from current 10% to 8%. Other aspects is reducing platforms, reducing design time and reducing manufacturing capacity apart from focusing on profitable segments.
Why We’re in the Midst of a Global Semiconductor Shortage? 1. Demand has increased higher than expected in short term across many electronic categories, phones, computers, cars. 2. Supply of chips and parts concentrated at few nodes globally and disrupted in pandemic both production and transportation. 3. And there is hoarding somewhere for geopolitics risk. In specialized manufacturing such as semiconductor it takes some time for new supply to come up and catch up with demand.
Intel Corporation Agrees to Sell Storage Unit to SK hynix for $9 Billion. Now top three players in NAND will be Korean controlling 70% of the market.
Telekom Romania (TKR) is sold to Orange Romania for €497m valuation. TKR operates a nationwide fixed network serving approximately 930,000 broadband customers and 1.2m TV subscribers. In 2019, TKR generated €622m revenues.
What has changed in semiconductor industry in the last one year? Comparing revenue break of TSMC Q3 20 vs Q3 19 across technology, product and geo. Three major points. 1. Less than 7nm share grew from 27% to 43%. 2. HPC share grew from 29% to 37%. (More cloud?). Also automotive declining. 3. China share grew to 22% from 20%. (Hoarding before sanctions?)