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Lot to learn from India in IT, says China


China, which will be hosting Prime Minister Manmohan Singh for three days starting January 13, said it has a lot to learn from India in the field of information technology, and space and ocean sciences.

"India has made great achievements in the technologies related to information technology, space and ocean. It is specially worth mentioning that the software industry of India has taken a lead role in the world. We can learn a lot from our Indian counterparts in these areas," Chinese Vice-Minister for Trade Yi Xiaozhun said at a UNIDO seminar at Vienna.

Xiaozhun said China has emerged as India's second largest trading partner. With bilateral trade increasing by 50 per cent in calender year 2007, India is its 10th largest trading partner for China, he said.

During his visit, Manmohan Singh is likely to discuss ways with Chinese leaders to further step up trade and investment between the two countries.

While China is keen to negotiate a full-fledged free trade agreement with India, the Indian industry is opposing the proposal on apprehension that Chinese goods could flood the country. However, a joint study group is exploring the possibility of a preferential trade agreement.

In the backdrop of increasing importance of the two countries in the global Economy, the United Nations Industrial Development Organisation (UNIDO) recently organised an Asia-Pacific Roundtable on "The China and India Factor: Implications for developing countries in Asia and the Pacific region" at Vienna.

Courtesy : FINANCIALEXPRESS.COM


Intel to launch new processors this year


Global chip maker Intel said it will roll out a new range of processors this year that will enable users to download music, videos and play games on their Internet-enabled mobile handsets.

"We will start the process (of building new processors) in the middle of this year and the products would be rolled out simultaneously. The new processors would be aimed at ultra mobile devices which may include laptops and Internet-enabled mobile phones such as Blackberry," Intel South Asia Managing Director R Sivakumar said.

The new processors would allow users to access Internet at a much faster rate, listen to music, watch videos and play games while on the move. Sivakumar said the software used in mobile devices to access Internet is actually meant for Personal Computers and not for such devices.

Intel would launch processors that would be suited for accessing the web through a small screen with the same processing power as one would get in a PC, he added.

The company would also come out with Wimax-enabled products such as laptops and mobile devices. But for such products to be a success in India, the regulators and the government should look into the release of Wimax spectrum to enable Companies to roll out Wimax network across the country.

Commenting on low-cost PCs, he said: "The price point should come down in a natural progression... with increasing competition and volumes combined with low-cost manufacturing, prices of computers would ultimately fall in the years to come." However, low-cost PCs should not compromise on quality and speed factors, he added.

Courtesy : FINANCIALEXPRESS.COM




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