Tata Electronics, a prominent player in India’s electronics manufacturing sector, has signed a Memorandum of Understanding (MoU) with Himax Technologies, a leading Taiwanese company specializing in display driver ICs, and Powerchip Semiconductor Manufacturing Corporation (PSMC), a top Taiwanese foundry and Tata Electronics’ Technology Transfer Partner. This strategic partnership aims to reshape the landscape of display technology and ultralow power AI sensing products in India, with a focus on both domestic and global markets.
This collaboration will combine the strengths of Tata Electronics, Himax, and PSMC to deliver end-to-end solutions for display semiconductors, spanning chip design, manufacturing, packaging, and electronics manufacturing services (EMS). Together, they will develop products catering to India’s “Made in India” requirements and contribute to the creation of next-generation solutions designed to meet growing global demand.
The partnership builds upon the significant 2024 agreement between Tata Electronics and PSMC to enhance advanced semiconductor manufacturing capabilities in India. This milestone further establishes the foundations for introducing innovative display technologies tailored to meet the needs of the Indian market.
Dr Randhir Thakur, CEO and MD of Tata Electronics, shared, “This MoU with Himax and PSMC allows us to combine our expertise to create differentiated solutions in display semiconductors. By merging Tata Electronics’ capabilities with Himax’s leadership in display and ultralow power AI sensing technologies, along with PSMC’s proven manufacturing solutions, we are building a powerful ecosystem that will address the demands of both the Indian and global markets.”
Jordan Wu, Co-Founder and CEO of Himax Technologies, stated, “We are excited to partner with Tata Electronics and PSMC as we expand our reach in India’s fast-growing display semiconductor market. With India becoming a key hub for electronics, this partnership will enable us to bring our cutting-edge display solutions and ultralow power AI sensing technologies to India, while also supporting the global supply chain.”
Martin Chu, President of PSMC, commented, “PSMC’s advanced semiconductor fabrication technologies are well-positioned to meet the ‘Made in India’ requirements. We look forward to collaborating with Tata Electronics and Himax to expand our presence and make a significant impact in the display semiconductor and ultralow power AI sensing sectors.”
Tata Electronics Pvt. Ltd. is a global leader in the electronics manufacturing industry, specializing in Electronics Manufacturing Services, Semiconductor Assembly & Test, Semiconductor Foundry, and Design Services. Established in 2020 as a greenfield venture by the Tata Group, the company is committed to serving global clients with a comprehensive electronics and semiconductor value chain. Tata Electronics currently employs over 65,000 people and has operations in multiple states across India, with a focus on creating socio-economic opportunities and supporting local communities.
Himax Technologies (NASDAQ: HIMX) is a leading fabless semiconductor solution provider, specializing in display imaging processing technologies. The company’s products, including display driver ICs, timing controllers, and WiseEye™ ultralow power AI sensing technology, are used in a variety of industries, including consumer electronics, automotive, and AIoT applications. Headquartered in Taiwan, Himax has over 2,200 employees and a strong portfolio of patents.
Powerchip Semiconductor Manufacturing Corporation (PSMC) is a leading global foundry offering advanced semiconductor fabrication services. With four 12-inch fabs and two 8-inch fabs in Taiwan, PSMC produces over 2.1 million wafers annually. The company is ranked seventh in global semiconductor ESG evaluations and is committed to strong governance and environmental sustainability.
