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Newlaunches.com: Microsoft has partnered with AMD and launched another low cost PC in India.

Made by Zenith Computers, the computers are built on AMD platform and are aimed at students from Kindergarten to 12th grade. Priced at 21,000 Indian Rupees (around €380) the PC’s will be preloaded with Windows Vista Basic, Works 2007, Student 2007 and third party software which includes exam preparation, homework help and English-language learning programs.

The 1Q PC will help Microsoft achieve its dream of getting PCs into the hands of the next billion people by 2015.

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Russia’s Deputy Prime Minister and Defence Minister Sergey Ivanov today said that India is the only country with which Russia wants to develop all aspects of the global satellite navigation system GLONASS.

“At present India is the only country with which we want to develop all aspects of GLONASS. This demonstrates the general nature of our relations and our willingness to develop cooperation with India in such sensitive areas,” he said in Bangalore on Tuesday when visiting a satellite production centre.

“The Ministry of Defence has now removed all limitations on the precision of receiving information from GLONASS,” he added.

Ivanov said that the management of Roskosmos would sign for the Russian side, although the GLONASS system was and will remain a duel-use system.

He added that Moscow is prepared to cooperate with India in developing GLONASS, saying that it already counts military-technical cooperation.

Source: Interfax News Agency

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Business Standard: In a bid to cut losses in the highly competitive flat panel display televisions segment, LG plans to set up an assembly unit for plasma and LCD televisions in India.

Consumer electronics companies across the board are bleeding as competition is driving constant undercutting of prices, company executives said.  “At the moment, supply is larger than demand. Hence, players in the flat panel display market are losing money. We will set up an assembly unit for plasma and LCD televisions at our plant with an investment of $100 million spread over 5 years,” said Moon B Shin, deputy managing director, LG Electronics, India.

At present, completely built television imports attract 20 per cent duty and executives admitted that LG was losing about 5-6 per cent on every set sold in this category.

Replying to queries whether LG would eventually begin complete production of flat panel display televisions in India, Shin said the market size should touch at least 1 million units to justify the investment for a production unit.  He added that in the likelihood of this happening over the next 3-4 years, the company might consider a production facility in its proposed third plant here.

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