# 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.

- Type: Partnership
- Announced: 2026-08-04
- Where: Bengaluru, India
- Status: announced
- Products: Image Sensing Solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rashi Peripherals](https://endata.com/companies/93349.md)
- [Restar Corporation](https://endata.com/companies/93350.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/rashi-peripherals-forms-joint-venture-with-restar-corporation-japan-126080401592_1.html), 2026-08-04: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.