SemIndia to make chips for mobiles
The SemIndia Group aims to start making chip modules for low-cost cellphones at its Hyderabad facility from April 2009, but ambitious plans for a semiconductor fabrication unit have been put on hold, head of SemIndia’s electronics products arm said.
By Chiranjoy Sen, ET Bureau |
BANGALORE: The SemIndia Group aims to start making chip modules for low-cost cellphones at its Hyderabad facility from April 2009, but ambitious plans for a semiconductor fabrication unit have been put on hold, the head of SemIndia���s electronics products arm said.
The modules will made at the ATMP (assembly, testing, marking and packing) facility for its Singapore-based partner Jurong Technologies, MD Bob Kondamoori told ET. Mr Kondamoori is the managing partner of venture capital firm SandalWood Partners, which is an investor in SemIndia.
���While the fab side of the organisation is on the back burner because of the worldwide slowdown, it���s the systems side of the company that had got us excited. And we are forging ahead in this division,��� Mr Kondamoori said.
The modules will made at the ATMP (assembly, testing, marking and packing) facility for its Singapore-based partner Jurong Technologies, MD Bob Kondamoori told ET. Mr Kondamoori is the managing partner of venture capital firm SandalWood Partners, which is an investor in SemIndia.
���While the fab side of the organisation is on the back burner because of the worldwide slowdown, it���s the systems side of the company that had got us excited. And we are forging ahead in this division,��� Mr Kondamoori said.
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