UST and Kaynes Semicon have entered into a joint venture to set up a semiconductor manufacturing facility in Sanand, Gujarat, with an investment of Rs 33.3 billion. The partnership aims to develop an OSAT (Outsourced Semiconductor Assembly and Test) facility to support the production of electronics for electric vehicles, renewables, and consumer technology. The collaboration […]
L&T Technology Services Limited (LTTS) has signed a multi-year agreement worth USD 100 million with a United States-based industrial equipment manufacturer operating in the semiconductor value chain. The programme is positioned within LTTS’ Sustainability segment and will cover product engineering and operational initiatives over multiple years. The agreement includes support for new product development, sustenance […]
Optiemus Infracom Limited has entered into a joint venture with Ordinary Theory LLC, USA, to manufacture and market smart enterprise hardware and integrated industrial solutions. Optiemus will hold a majority stake in the venture, which will focus on payments, retail, logistics, and artificial intelligence (AI) applications. The venture will utilise Optiemus’ manufacturing facilities in India […]
PG Electroplast Limited, through its wholly owned subsidiary PG Technoplast Private Limited, has acquired a 50-acre land parcel in Sri City, Andhra Pradesh. The company plans to invest INR 10 billion over the next five years to develop an integrated manufacturing campus, marking its first facility in South India and its largest land acquisition to […]
Nothing, a London-based technology company, has entered a joint venture with Indian electronics manufacturer Optiemus Infracom to develop India as a global production and export hub for CMF and Nothing products. Under this partnership, the two companies plan to invest more than USD 100 million and create over 1,800 jobs in India within three years. […]
Synopsys, Inc. has inaugurated a new research and development facility in Bengaluru as part of its 30-year operations in India. The facility, located at Bagmane Capital, spans more than 455,000 square feet and will support work in electronic design automation (EDA), semiconductor IP, verification, and system design solutions. The inauguration was attended by Synopsys president […]
MIC Electronics Ltd has signed a Memorandum of Understanding with Singapore-based Top2 PTE Ltd to identify and finalise a semiconductor fabrication partner from Taiwan. The companies plan to explore the feasibility of starting semiconductor wafer production in India with a proposed monthly capacity of 25,000 to 30,000 wafers, subject to negotiations and regulatory approvals. Alongside […]
Arm, a semiconductor and software design company, has inaugurated a new facility in Bengaluru, called The Impact Hub, which will focus on semiconductor research and development, including the design of chips at the advanced two-nanometre node. The centre was opened on 16 September in the presence of Rene Haas, CEO of Arm, and Ashwini Vaishnaw, […]
ASM Technologies Limited has signed a Memorandum of Understanding with the Government of Tamil Nadu to invest INR 2.5 billion in the state for expanding its design-led manufacturing capabilities in the Electronics System Design and Manufacturing (ESDM) sector. The company will acquire 5 acres of land from the state government to set up a new […]
Cyient Semiconductors has entered into a strategic partnership with Anora to expand turnkey test and validation solutions for semiconductor product development. As part of the collaboration, the companies will set up a semiconductor validation and production test floor in Bangalore, India, with clean room capabilities and equipment for volume production. The Bangalore facility will include […]