New Delhi, May 14 (IANS) Hiring activity across India’s semiconductor design global capability centers (GCC) gained momentum in Q1 2026, with open roles rising to 3,549 by March, a report said on Thursday.The report from Careernet said small‑scale GCCs accounted for 50 per cent of centers and led hiring momentum, with Hyderabad emerging as a growing hub alongside Bengaluru.Semiconductor design GCCs accounted for about 5 per cent of India’s total GCC landscape and have grown at 7.2 per cent…
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New Delhi, April 27 (IANS) India is poised for an AI-led surge in venture capital (VC) investments, as global funding more than doubled to a record $330.9 billion in the first quarter of 2026, driven by a wave of artificial intelligence (AI)-led megadeals, according to a report released on Monday.In its latest report, KPMG said that global VC funding rose sharply from $128.6 billion in Q4 2025 to $330.9 billion in Q1 2026, even as the number of deals declined to 8,464 from 10,097, indicating a s…
New Delhi, April 22 (IANS) Global IT spending is pegged to reach $6.31 trillion in 2026, an increase of 13.5 per cent from 2025, because of the accelerating adoption of artificial intelligence (AI), a report said on Wednesday.The surge is fuelled by rapid investments in AI infrastructure, advanced memory, and high-performance computing systems as enterprises scale AI workloads, according to a Gartner analysis.Segment-wise, data centre systems are expected to record the fastest growth, rising nea…
Seoul, Jan 30 (IANS) LG Electronics said on Friday it remained in the red in the fourth quarter of 2025 from a year earlier, due mainly to weak market demand coupled with one-off costs caused by its restructuring programme.Its net loss came to 725.9 billion won (US$505.7 million) for the October-December period, compared with a loss of 713.7 billion won posted a year earlier, the company said in a regulatory filing.LG Electronics posted an operating loss of 109 billion won for the fourth quarter…