Smartphones a Boon for RF Chip Suppliers
Samsung, Apple, and other manufacturers seem to constantly be adding new features to their lineups of smartphones. The radio frequency (RF) technology in the devices also is increasing, which is boosting manufacturers and the supply chains for these components, Reuters reports.
“The RF content in handsets continues to go up,” says Stewart Stecker, portfolio manager at asset management firm AlphaOne Capital. “That’s good from an immediate to longer-term perspective for the entire RF supply chain.”
Modern phones make use of 4G technology, which requires a higher number of RF chips in a phone. The global market for 4G components is estimated to nearly double this year, according to a report by Infonetics Research. According to Reuters, suppliers of RF chips that diversify their client base and provide components to more major phone manufacturers are in the best position to take advantage of increased demand.
UK Manufacturers Get More Women in Board Positions
Women comprise more board roles at manufacturing organizations than other top companies on the London Stock Exchange, according to a new report. The report, "FTSE 100__Women in Manufacturing," is published by EEF, a UK-based manufacturing, technology, and engineering group. It notes that of the 309 manufacturing board seats in the top 100 companies, 59 are held by women__or 19 percent compared to 17 percent across all industries.
The report also notes the manufacturing industry faces a shortage of female engineers, warning that the United Kingdom will struggle with increasing the number of women in senior positions unless action is taken. Only 6 percent of British engineers are women, up 1 percent from 2008. This figure is dwarfed by other European countries, such as Sweden with 26 percent, Italy with 20 percent, and Spain with 18 percent. According to the report, the disparity stems in part from failure to encourage young women to study science-related topics.
India Facing Skills Mismatch Crisis
India will have a shortage of more than 103 million skilled infrastructure workers, including about 35 million in the auto industry and 33 million in construction, the Washington Post reports. In technology, on the other hand, the shortage will only be about 5 million. The reason for this is a mismatch of required skills and the professional goals of India's young people.
As higher education extends into towns and villages across the nation and college enrollment skyrockets, students tend to pursue white-collar fields seen as respectable, including medicine, teaching, business management, and engineering. However, this means they are running ahead of the skills India will need during a decade of economic transition.
"What we have is a whole lot of people with degrees in hand but no relevant skills," says Dilip Chenoy, head of the National Skill Development Corporation, a government-private partnership.
Meanwhile, a survey of more than 2,800 Indian students by the University of Pennsylvania found that student aspirations are misaligned with the needs of the Indian economy. While construction and automotive will need the greatest number of skilled workers over the next decade, "only a very small proportion" of students want to work in those fields.
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