In a strategic transfer to extend its world footprint in semiconductors, L&T Semiconductor Applied sciences accomplished the acquisition of design belongings for energy modules from Fujitsu Common Electronics (FGEL) of Japan.
The deal included the acquisition of state-of-the-art R&D gear, design patents, and mental property associated to Fujitsu’s energy module applied sciences. This acquisition is a vital milestone on the ability electronics highway for LTSCT and can significantly ramp up its design capabilities for industrial, automotive, and power functions.
LTSCT Chief Government Sandeep Kumar mirrored that the acquisition is a serious step ahead in the direction of the corporate’s long-term imaginative and prescient of taking the Indian semiconductor ecosystem to a very world degree. “It strengthens our mental property portfolio, and strengthens our design functionality, shifting us ever nearer to fulfilling our promise of designing world-class semiconductor options,” he stated.
For Fujitsu Common Electronics, the transition is geared in the direction of continuity and continued growth of its energy module applied sciences. FGEL Director and COO Tadashi Hasegawa welcomed the transfer, saying, “LTSCT shares our dedication to innovation and technological excellence. We consider this transition will promote additional progress and generate worth for world prospects.”
Business analysts see the acquisition as a transfer which may give India’s semiconductor business a keener aggressive benefit, notably in energy electronics a sector important to future power techniques and electrical mobility options.
