In a significant strategic move, CG Power and Industrial Solutions Limited, a leader in electrical engineering, has announced the acquisition of the Radio Frequency (RF) components business from Renesas Electronics America Inc. The acquisition, valued at $36 million, is part of CG Power’s foray into the rapidly growing and highly profitable semiconductor design sector. The […]
In a significant move towards bolstering India’s semiconductor manufacturing capabilities, CG Power and Industrial Solutions Limited (“CG”), Renesas Electronics Corporation (“Renesas”), and Stars Microelectronics (Thailand) Public Co. Ltd (“Stars Microelectronics”) have inked a Joint Venture Agreement (JVA). This strategic alliance aims to establish and operate an Outsourced Semiconductor Assembly and Test (OSAT) facility in India. […]
