Rashi Peripherals and Restar Corporation form joint venture for semiconductor business

Rashi Peripherals will transfer its semiconductor division into a subsidiary, and Restar Corporation will acquire a 26% stake. The JV will focus on Image Sensing Solutions for industrial and automotive applications in India.

“The partnership will focus on delivering advanced Image Sensing Solutions for Industrial and Automotive applications, supported by localized engineering, design, and technical services tailored to the Indian market.”business-standard.com

• 1 source
• business-standard.comRashi Peripherals forms joint venture with Restar Corporation, Japan | Capital Market News - Business StandardCapital MarketAug 4, 2026

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