Tata Electronics has announced a partnership with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies to transform India's display semiconductor and ultralow power AI sensing ecosystem. The collaboration aims to expand market reach, combining expertise to cater to both Indian and global demand for advanced display and AI sensing technologies.
Speaking at the IESA Vision Summit, Tata Electronics CEO, Randhir Thakur confirmed the signing of a tripartite agreement with the Gujarat government for the plant. "With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat," he said.
The three companies will offer end-to-end semiconductor solutions, covering chip design, manufacturing, packaging, and electronics manufacturing services (EMS). The initiative aligns with the 'Made in India' campaign while addressing global needs.
Co-founder and CEO of Himax Technologies, Jordan Wu highlighted the company’s commitment to India's semiconductor growth. “We are delighted to join forces with Tata Electronics and PSMC to drive innovation in India’s rapidly expanding display semiconductor market. This collaboration aims to bring Himax’s industry-leading expertise to support India’s ‘Made in India’ initiative while enhancing global supply chain resilience.” President of PSMC, Martin Chu, emphasised the strategic importance of the partnership.
Tata Electronics is already investing Rs 91,000 crore in setting up a semiconductor fabrication plant in Gujarat, with PSMC as its technology partner. Additionally, Tata is developing a chip assembly plant in Assam with an investment of Rs 27,000 crore.