Tata Electronics to set up display semiconductor manufacturing plant in Gujarat with Taiwan’s PSMC & Himax
Tata Electronics will establish a manufacturing unit for display semiconductors in Gujarat through a partnership with Taiwan's PSMC and Himax Technologies. The company signed a tripartite MoU with the Gujarat government for the plant's development...
"Today, I am delighted to announce signing of an MoU between Tata Electronics, PSMC and Himax to revolutionise India's display product and technology ecosystem. With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat," Thakur said.
With foray in display manufacturing, Tata Electronics will have presence in all three top semiconductor manufacturing segments.
The company is already in process to set up a semiconductor fabrication plant in Gujarat with an investment of around Rs 91,000 crore with PSMC as its technology partner.
Powerchip Semiconductor Manufacturing Corporation (PSMC) is the world's seventh-largest pure-play foundry, with four 12-inch and two 8-inch fabs in Taiwan, capable of producing over 2.1 million 12-inch equivalent wafers annually.
Tata is also setting up a chip assembly plant in Assam with an investment of Rs 27,000 crore.
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