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
- NPU IP Core for Mobile
- NPU IP Core for Edge
- Specialized Video Processing NPU IP
- HYPERBUS™ Memory Controller
- AV1 Video Encoder IP
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
- Cadence Extends Support for Automotive Solutions on Arm Zena Compute Subsystems
- The Role of GPU in AI: Tech Impact & Imagination Technologies
- Time-of-Flight Decoding with Tensilica Vision DSPs - AI's Role in ToF Decoding
- Synopsys Expands Collaboration with Arm to Accelerate the Automotive Industry’s Transformation to Software-Defined Vehicles
- Deep Robotics and Arm Power the Future of Autonomous Mobility