CG Power forms JV with Renesas and Stars for OSAT facility in India

CG Power and Industrial announced a joint venture with Renesas Electronics America and Stars Microelectronics to set up an outsourced semiconductor assembly and testing (OSAT) facility in India, with investments of $205 million, $15 million, and $2 million respectively.

“CG Power and Industrial on Thursday announced teaming up with Renesas Electronics America and Stars Microelectronics (Thailand) to set up an outsourced semiconductor assembly and testing (OSAT) facility in India.”business-standard.com

• 1 source
• business-standard.comCG Power announces JV in semiconductors manufacturing with 2 foreign firms | Company News - Business StandardAshutosh MishraFeb 9, 2024

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