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Tata Electronics Plans Malaysia Entry Through Chip Fab Buyout

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Tata Electronics Plans Malaysia Entry Through Chip Fab Buyout

SUMMARY

Tata Electronics is in talks with X-Fab, DNeX and Globetronics to acquire an OSAT plant in the Malaysia

The acquisition will allow Tata Electronics to enhance its knowledge base before entering the semiconductor assembly and packaging business in India

The development comes at a time when Tata Electronics is investing $11 Bn at its semiconductor fab plant in Gujarat Dholera and another $3 Bn in a facility in Assam for the assembly and testing of semiconductor chips

Tata…

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