Outsourcers Look To China, As Obama Goes To India
Currency volatility, rising costs, growing near-shore demand, increasing rural outsourcing capacity, and political and protectionist measures are troubling the Indian outsourcing sector. The Indian rupee has been one of the best performing currencies this year and has appreciated over 5.6% with the dollar since January. The U.S Senate may have vetoed the outsourcing bill, but the country which accounts for over 70 percent of Indian outsourcing revenues has levied higher visa costs which amount to an additional spending of an estimated $200 million by Indian IT outsourcers. A state ban by Ohio passed to stop outsourcing of government work has added to protectionist policies. Yet amid such pressures, the leading players in the sector continued to deliver strong quarterly results.
To read the full article, click here
Related Semiconductor IP
- Flexible Pixel Processor Video IP
- Bluetooth Low Energy 6.0 Digital IP
- Ultra-low power high dynamic range image sensor
- Neural Video Processor IP
- Flash Memory LDPC Decoder IP Core
Related Blogs
- Outsourcing Semiconductor IP
- Is Outsourcing Dying Or Thriving? (Part 2)
- Is Outsourcing Dying or Thriving? (Part 3)
- SoC design in China and the future for 28nm
Latest Blogs
- What It Will Take to Build a Resilient Automotive Compute Ecosystem
- The Blind Spot of Semiconductor IP Sales
- Scalable I/O Virtualization: A Deep Dive into PCIe’s Next Gen Virtualization
- UEC-LLR: The Future of Loss Recovery in Ethernet for AI and HPC
- Trust at the Core: A Deep Dive into Hardware Root of Trust (HRoT)