Kaynes Semicon to invest $482m in Indian chip ATMP plant
The subsidiary of the India's EMS Kaynes Technology is looking at several sites for the proposed facility across Hyderabad, Ahmedabad, and Bhubaneswar.
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The subsidiary of the India's EMS Kaynes Technology is looking at several sites for the proposed facility across Hyderabad, Ahmedabad, and Bhubaneswar.
Kaynes Tech expects a 40-50% growth in FY26 with semiconductor and PC board revenues. The company's order book, capacity expansion plans, and focus on addressing challenges position it for sustained growth in the future. CFO Jairam Sampath says the company needs to leapfrog into the higher-end semiconductors so that they are future-proof.
Kaynes Tech expects a 40-50% growth in FY26 with semiconductor and PC board revenues. The company's order book, capacity expansion plans, and focus on addressing challenges position it for sustained growth in the future. CFO Jairam Sampath says the company needs to leapfrog into the higher-end semiconductors so that they are future-proof.
This comes amid ongoing efforts by the Indian government to boost local semiconductor manufacturing, and announcements from companies such as Micron to set up OSAT plants.
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