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CG Semi, a subsidiary of CG Power & Industrial Solutions, laid the foundation stone for a new OSAT facility in Sanand, Gujarat. The joint venture with Renesas Electronics and Stars Microelectronics involves an investment of Rs 7,600 crores over five years and will create about 5,000 jobs.
“This facility will manufacture a wide array of products ranging from legacy packages such as QFN and QFP to advanced packages such as FC BGA, and FC CSP.”business-standard.com
Summarized from public sources; check the original articles before acting on it.