Hitachi Power Semiconductor Device, Ltd. (HPSD) and Sagar Semiconductors (Sagar Semi) have taken a significant step towards strengthening India’s semiconductor landscape by formalizing a collaboration through the signing of a Memorandum of Understanding (MoU). This landmark agreement encompasses joint-marketing endeavors for high power devices like IGBTs and SiC, New Product Development (NPD), and technology transfer of high voltage diode, highlighting their commitment to India’s ‘Make in India’ initiative.
The MoU, signed at Sagar Semiconductors’ headquarters in Hyderabad, heralds a new era of partnership between the two companies. The ceremony saw the presence of Mr. Kedar Reddy, Managing Director of Sagar Semiconductors, and Mr. Hirotaka Wakamatsu, Head of Business Development for Hitachi Power Semiconductor Devices.
The proposed factory, set to be established under this collaboration, will encompass both fabrication and packaging of these devices. Representing one of India’s initial end-to-end integrated semiconductor factories, it is anticipated to produce approximately 100 million units per year. Moreover, HPSD has expressed intentions to relocate some of its facilities to India in the future, further solidifying their commitment to fostering indigenous manufacturing capabilities.
This strategic partnership not only underscores a significant milestone for India’s semiconductor industry but also signifies a decisive move towards achieving self-sufficiency and enhancing technological prowess through collaborative efforts in new product development.
Expressing his enthusiasm, Kedar Reddy, MD of Sagar Semiconductors, remarked, “This collaboration marks a pivotal moment for the Indian semiconductor landscape. By localizing operations and nurturing NPD capabilities, we are taking tangible steps towards self-sufficiency, poised to make a transformative impact on the semiconductor ecosystem.”
Aligned with the objectives outlined in the India Semiconductor Mission (ISM), both entities are poised to collaborate closely to create a conducive environment for semiconductor innovation and manufacturing, thereby positioning India as a global leader in the semiconductor domain.
Hirotaka Wakamatsu, Head of Business Development for Hitachi Power Semiconductor Devices, expressed confidence in the Indian market, stating, “We are bullish on the Indian semiconductor and power electronics market. Partnering with Sagar Semiconductors allows us to explore various initiatives tailored for the Indian market. We believe our decades of experience, coupled with their local knowledge, will be a winning combination.”
