Kaynes, L&T Arm To Buy Fujitsu’s Power Modules Biz

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SUMMARY

As part of the deal, Fujitsu will transfer its power modules business to L&T Semiconductor Technologies and transfer the related production facilities to Kaynes Semicion

Kaynes Semicon is expected to become a new key player in the power electronics supply chain following the deal, which will likely close on June 23

In September last year, the Centre approved Kaynes’ proposal to set up a semiconductor unit in Sanand in Gujarat with an initial investment of INR 3,300…



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Kaynes, L&T Arm To Buy Fujitsu’s Power Modules Biz


SUMMARY

As part of the deal, Fujitsu will transfer its power modules business to L&T Semiconductor Technologies and transfer the related production facilities to Kaynes Semicion

Kaynes Semicon is expected to become a new key player in the power electronics supply chain following the deal, which will likely close on June 23

In September last year, the Centre approved Kaynes’ proposal to set up a semiconductor unit in Sanand in Gujarat with an initial investment of INR 3,300…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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