Stars Microelectronics

CG Power, Renesas Electronics and Stars Microelectronics have formed a joint venture to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, India. The JV plans to invest INR 7,600 crores over five years, with a production capacity of up to 15 million units per day.

CG Power, in partnership with Renesas Electronics Corporation (Japan) and Stars Microelectronics (Thailand), will set up a semiconductor assembly and test unit in Sanand, Gujarat. The investment amount was not specified in the provided text.

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.