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PSMC receives Fab IP payment from Tata Electronics for India wafer fab · Endata

◂ Announcements

Nov 6, 2024CONTRACTDholera Science Park, Gujarat, India, India

PSMC receives Fab IP payment from Tata Electronics for India wafer fab

Powerchip Semiconductor Manufacturing Corp. received the first installment of its Fab IP payment from Tata Electronics for a joint venture to build a 12-inch wafer fab in India. The facility is expected to be operational by 2026.

Status

Announced

Products12-inch wafer fabsemiconductor manufacturing

CompaniesTata Group partner Tata Electronics customer Powerchip Semiconductor Manufacturing Corp supplier

Sectors#Semiconductors and Industrial Electronics

“PSMC confirmed that Tata Electronics has completed the initial payment under the Fab IP agreement, facilitating the rapid progression of the new fab's design and construction phases.”eetindia.co.in

1 source
eetindia.co.inPSMC Secures Dual Wins: Fab IP Payment Received, Interposer Set for Shipment - EE Times IndiaStephen Las MariasNov 6, 2024

Summarized from public sources; check the original articles before acting on it.

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