Stars Microelectronics (Thailand)

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.

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 Solutions has entered into a joint venture with Renesas Electronics America and Stars Microelectronics to set up an Outsourced Semiconductor Assembly and Testing (OSAT) facility in India, with a total estimated investment of US$791 million over five years.