Tata Electronics partners with Himax and PSMC to manufacture display semiconductor

Tata Electronics partners with Himax and PSMC to manufacture display semiconductor

Tata Electronics has announced a  partnership with Taiwan-based PSMC and Himax Technologies to transform India’s display semiconductor and ultralow power AI sensing product ecosystems.

Speaking at IESA Vision Summit, Tata Electronics CEO Randhir Thakur announced signing of a tripartite agreement with the Gujarat government for the plant.

This strategic collaboration marks a significant step in expanding the market reach of the three companies, combining their expertise to explore the rapidly growing market for display semiconductors and AI sensing technologies both in India and globally.

"Today, I am delighted to announce signing of an MoU between Tata Electronics, PSMC and Himax to revolutionise India's display product and technology ecosystem. With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat," Thakur said.

Tata Electronics, Himax, and PSMC will combine their expertise to provide end-to-end semiconductor solutions for customers. This will cover everything from chip design and manufacturing to packaging and electronics manufacturing services (EMS), delivering comprehensive system-level solutions. The collaboration will focus on meeting the "Made in India" standards while also addressing global demand for advanced display and ultralow power AI sensing technologies.

Together, we will drive innovation and develop next-generation technologies to meet the growing demands of display and ultralow power AI sensing technologies across key industries while contributing to a resilient semiconductor supply chain", said Randhir Thakur, chief executive officer (CEO) and managing director (MD) of Tata Electronics

“We are delighted to join forces with Tata Electronics and PSMC to drive innovation in India’s rapidly expanding display semiconductor market", said Jordan Wu, co-founder and CEO of Himax Technologies.

This collaboration aims to bring Himax’s industry-leading expertise to support India’s ‘Made in India’ initiative, while enhancing global supply chain resilience. Our partnership reflects our commitment to delivering cutting-edge display solutions, added Wu

"We look forward to this partnership with Tata Electronics and Himax, as it provides a unique opportunity to expand our collective footprint and gain significant share in both the domestic and global display semiconductors and ultralow power AI sensing markets", said Martin Chu, president, PSMC.

The company is already in process to set up a semiconductor fabrication plant in Gujarat with an investment of around Rs 91,000 crore with PSMC as its technology partner.

Powerchip Semiconductor Manufacturing Corporation (PSMC) is the world's seventh-largest pure-play foundry, with four 12-inch and two 8-inch fabs in Taiwan, capable of producing over 2.1 million 12-inch equivalent wafers annually.

Tata is also setting up a chip assembly plant in Assam with an investment of Rs 27,000 crore.