INSUBCONTINENT EXCLUSIVE:
(From left) Frank Huang, Chairman of Powerchip Group and CEO of PSMC; Prime Minister Narendra Modi; and N Chandrasekaran, Chairman of Tata
Sons, during a meeting in New Delhi on Thursday Photo: Twitter/X2 min read Last Updated : Sep 27 2024 | 12:17 AM IST
Tata Electronics, a
Tata Sons subsidiary, has completed a definitive agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan for
technology transfer, the Tata group said in a statement.
As per the agreement, PSMC will provide design and construction support to build
a greenfield Fab in Dholera, Gujarat, license a broad portfolio of technologies, and offer engineering support to successfully transfer
licensed technologies to the Gujarat Fab
With a total investment of up to Rs 91,000 crore, the Fab will create over 20,000 direct and indirect skilled jobs, the statement said.Click
innovation, drive growth, and strengthen the global semiconductor supply chain
It reflects our commitment to providing cutting-edge technology and expertise, helping Tata Electronics create a state-of-the-art facility
advantage in the rapidly expanding Indian market while helping India achieve self-reliance in semiconductor manufacturing
I strongly believe that our partnership will be foundational to the India-Taiwan collaboration in semiconductors and will inspire more
month and will include next-generation factory automation capabilities deploying data analytics and machine learning to achieve
industry-best factory efficiency
The new semiconductor Fab will manufacture chips for applications such as power management ICs, display drivers, microcontrollers (MCUs),
and high-performance computing logic, addressing the growing demand in markets such as AI, automotive, computing and data storage, and
wireless communication.
Tata Electronics has already engaged two esteemed design firms from Taiwan to create a top-tier Fab that adheres
to global standards of quality, safety, and sustainability.First Published: Sep 26 2024 | 9:15 PMIST
