Tata Electronics will set up a display manufacturing unit in Gujarat in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies, Inc. The three companies on Wednesday signed a tripartite Memorandum of Understanding (MoU) to jointly explore opportunities in the display semiconductor market and ultra-low power AI sensing, both in India and globally.
The agreement was signed at the IESA Vision Summit in Gujarat, focused on India’s semiconductor and electronics ecosystem. In a release, Tata Electronics said that the three partners would leverage their respective strengths to offer comprehensive, end-to-end display semiconductor solutions for their mutual customers. This includes chip design, manufacturing, packaging, and electronics manufacturing services (EMS) to provide system-level solutions for both Indian and global markets.
“This MoU with Himax and PSMC will enable the development of differentiated solutions for display-related semiconductor products for our mutual customers,” said Randhir Thakur, CEO and MD of Tata Electronics.
Tata Electronics is already present in key areas of semiconductor manufacturing. The company is setting up a ₹91,000 crore semiconductor fabrication plant in Gujarat’s Dholera in partnership with PSMC, while also building a chip assembly plant in Assam with an investment of ₹27,000 crore
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