Categories: Business

RRP Electronics, US-based Deca Tech join hands for semiconductor packaging

Sachin Tendulkar-backed RRP Electronics has forged a strategic alliance with US-based Deca Technologies, Inc to enhance its wafer-level packaging capabilities.

Under this collaboration, RRP Electronics will integrate Deca’s Wafer-Level Chip Scale Packaging and M-Series Fan-Out Wafer-Level Packaging technologies into its processes. This will elevate the company’s ability to deliver high-performance semiconductor solutions to customers worldwide.

RRP Electronics has expertise in assembling and testing semiconductor components. Deca Technologies is a leader in advanced semiconductor packaging with the backing of industry giants such as Qualcomm, Infineon, and ASE Group. The alliance may turnout to be a gateway to India’s booming electronics and semiconductor ecosystem.

Rajendra K Chodankar, Chairman & CEO, RRP Electronics said the company is investing in a large-scale Technology Transfer License Agreement with Deca, potentially on exclusive terms, to create a fully automated modern infrastructure to take semiconductor packaging in India to new heights.

“We aim to complete our qualification tests by August and foresee revenue exceeding $30 million (about ₹260 crore) in the second year of operations,” he said.

Ambitious plans

Tim Olson, Founder & CEO, Deca Technologies said the collaboration will accelerate RRP ambitious plans and strengthen India’s position in the global semiconductor value chain.

The Maharashtra government recently approved the company’s plan to invest ₹24,000 crore in two phases to establish a cutting-edge semiconductor manufacturing and assembly facility in the state. In phase 1, RRP Electronics is spearheading ₹12,035 crore, phase 1 Outsourced Semiconductor Assembly Test initiative.

Last September, RRP Electronics inaugurated a facility equipped with next-generation manufacturing technology. This initiative is expected to create about 4,000 jobs, bolstering the local economy and cementing Maharashtra’s status as a global semiconductor hub.

As India accelerates its semiconductor ambitions, RRP Electronics and Deca Technologies are poised to redefine the landscape, bringing cutting-edge packaging solutions, massive job creation, and a new era of technological leadership to the country, said the company.

Source link

nasdaqpicks.com

Recent Posts

IndiGo to induct three more Boeing 787-9 aircraft to strengthen long-haul segment

To enhance its presence in the international long-distance market segment, airline major IndiGo on Wednesday…

3 minutes ago

Tesla India launch to threaten domestic EVs? D-Street eyes 37% upside on THIS stock after 15% correction; Buy or Sell?

Mahindra & Mahindra’s stock price has corrected ~15% in the past two weeks vs the…

7 minutes ago

Eighth Pay Commission may upset the downward path of the debt-GDP ratio, says EY report

Implementation of Pay Commission may lead to additional borrowing and disrupt the plan of lowering…

10 minutes ago

UK battery start-up backed by Britishvolt investors aims for £1bn gigafactory

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

12 minutes ago

Indian drugmakers see OAI classifications halving, post USFDA inspections, in 10 years

In the last 10 years, Indian drugmakers have seen more regulatory inspections from the United…

17 minutes ago

FTX’s $950 Million Bankruptcy Fees Among Costliest Since Lehman

(Bloomberg) -- The cost of FTX’s bankruptcy is approaching $1 billion, cementing the implosion of…

18 minutes ago