March 8, 2024 — Powerchip Semiconductor Manufacturing Corporation (PSMC) introduced just lately that it’ll help India’s Tata Electronics in constructing India’s first 12-inch wafer fab in Dholera, Gujarat. The fab development will start this 12 months.

Tata Electronics is a wholly-owned subsidiary of India’s largest enterprise Tata Sons Group. With the help of PSMC, Tata Electronics plans to supply energy administration IC, show driver IC in addition to microcontrollers and high-performance computing logic, with the intention to enter the automotive, computing and knowledge storage, wi-fi communications, synthetic intelligence and different software finish markets.

N Chandrasekaran, chairman of Tata Sons Group, mentioned that the group has performed a pioneering position in lots of industrial fields in India. As the primary firm enters into semiconductor fabrication in India, Tata will as soon as once more show its custom of breaking new floor. Through the coverage help of the Indian central and Gujarat state governments, Tata Sons Group won’t solely construct a world semiconductor business cluster in India, but in addition present high-tech job alternatives for India’s younger era.

Frank Huang, Chairman of PSMC, identified that Tata Sons Group is India’s largest and internationally-renowned firm. India not solely has the world’s largest inhabitants, it additionally has an enormous home market. At this crucial second of the worldwide restructuring of high-tech provide chain, the cooperation between PSMC and Tata Sons Group is certainly well timed.

Regarding the planning of the brand new manufacturing unit in Dholera, Tata Electronics CEO Randhir Thakur mentioned that by the cooperation with PSMC, Tata Electronics will be capable of develop its technological attain and set up synergies amongst its manufacturing corporations. On high of that, Tata electronics will even obtain the purpose of Made in India with the intention to meet the wants of its worldwide clients in addition to the necessity of India’s quickly rising home market and to reinforce the resilience of worldwide provide chain.

Tata Group

Founded in 1868, the Tata Group presently has 30 corporations working in additional than 100 nations around the globe. In 2023, the group’s complete income reaches US$150 billion and its complete variety of staff exceed 1 million.

Tata Electronics

Founded in 2020, Tata Electronics presently has greater than 15,000 staff. Its manufacturing enterprise covers digital product meeting, semiconductor packaging and testing, wafer foundry and chip design companies.

About PSMC

PSMC gives foundry companies in superior recollections, personalized logic built-in circuits and discrete elements with the Open Foundry operation mannequin. From chip design and manufacturing service to gear and manufacturing capability sharing, PSMC establishes a detailed and versatile cooperation with clients in line with their attributes and calls for. PSMC owns two 8-inch and three 12-inch wafer fabs with 8,000 staff; with a model new 12-inch wafer fab beneath development.

Source: PSMC