AutomationLatest NewsNews SnippetsTelecom, Internet

RRP Electronics Inaugurates Semiconductor Facility, Pledges 5,000 Cr. Investment in 5 Years

RRP Electronics Limited has inaugurated its Outsourced Semiconductor Assembly and Test (OSAT)* facility in Maharashtra on 23rd March 2024. The company will invest about Rs. 5,000 crore in this facility over the next five years.
As per the company’s LinkedIn post dated 27th March 2024, RRP Electronics has established this 25,000 sq. ft. facility in collaboration with a “prestigious European consortium”. The company plans to set up a research and development (R&D) centre, and expand its operations by establishing multi-line OSAT and a semiconductor fabrication foundry in the future.

In alignment with its steadfast commitment to excellence, RRP Electronics Ltd. remains dedicated to serving key sectors such as automotive, power, electronics, and industrial markets, while concurrently propelling advancements in semiconductor-based technology”, said the company’s LinkedIn post.

*OSAT facilities provide third-party facility for Integrated Circuit (IC) packaging and testing.