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Tata Electronics: A second person said the company is also in near final stages for a successful tape-out of semiconductor chips in 28, 40, 55, 65 nm (nanometre), and some other higher nodes. A tape-out refers to the final result of the designing process for integrated circuits or printed circuit boards before they are sent for manufacturing.
Tata Electronics' packaged chips are being shipped to the company’s partners in Japan, the US and Europe.
For the whole year, the standalone PAT was 28 percent at Rs 1,004 crore compared to Rs 785 crore in FY 23.
The estimated investment in the project over five years is Rs 7,600 crore and the same is expected to be funded by a combination of government subsidies, equity contribution and potential bank borrowings as required, the company said.
Preliminary efforts for the new package, are expected to surpass its predecessor. Although formal announcements are slated for post-election governance transition., Economy News - Times Now