Kaynes SemiCon secures India's first paying OSAT customer, marking a significant milestone for the country's semiconductor industry. The collaboration with Lightspeed Photonics highlights India's growing capabilities in advanced packaging and workforce development.
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| Kaynes SemiCon partners with Lightspeed Photonics to provide cutting-edge packaging solutions, positioning India as a key player in the global semiconductor supply chain. Raghu Panicker, CEO, Kaynes SemiCon. Credit: Kaynes SemiCon |
Taipei, Taiwan - August 30, 2024:
Kaynes SemiCon, a subsidiary of Kaynes Technology, has made significant strides in India's semiconductor industry by securing its first paying customer for outsourced semiconductor assembly and test (OSAT) services. The company's partnership with Lightspeed Photonics marks a pivotal moment for India's nascent semiconductor ecosystem.
The collaboration will see Kaynes SemiCon provide advanced packaging solutions for Lightspeed Photonics' modular compute-interconnect heterogeneous System-in-Packages (SiP). This marks India's entry into the high-value segment of semiconductor manufacturing, a strategic move given the global focus on advanced packaging technologies like silicon photonics.
Kaynes SemiCon's CEO, Raghu Panicker, highlighted the importance of this agreement, emphasizing the company's commitment to high-volume production and its plans to scale up operations at its new facility in Hyderabad.
The company's strategic investments in equipment and its partnership with the VLSI Society of India for capacity building demonstrate its commitment to supporting India's semiconductor industry. By providing training opportunities for students and opening up its facility for packaging free of cost, Kaynes SemiCon is actively contributing to the development of a skilled workforce.
Kaynes SemiCon's achievements come at a time when India is aggressively pursuing its ambitions to become a global semiconductor hub. The government's support and incentives have attracted significant investments from both domestic and international players, positioning India as a key player in the global semiconductor supply chain.
The partnership between Kaynes SemiCon and Lightspeed Photonics is a testament to India's growing capabilities in the semiconductor industry. As the country continues to invest in research, development, and manufacturing, it is poised to play a vital role in shaping the future of semiconductor technology.