Polymatech, India’s first and foremost semiconductor chip manufacturer powered by Japanese technology, rolled out its Opto-semiconductors and memory modules this week. Currently, the homegrown manufacturer's main manufacturing plant, in Kancheepuram, Tamil Nadu, manufactures 400,000 chips daily.
The manufactured chips have already been released into the market. In a few months, Polymatech aims to attain its full capacity of manufacturing 1 million per day (300 million chips per annum). This comes after the firm’s announcement of its massive business expansion and investments, to the tune of US$ 1 bn, in semiconductor chip manufacturing in July.
The firm has completely packaged Opto-semiconductors in both HTCC (High Temperature Co-fired Ceramic substrates) and COBs (Chip on Board). Opto-semiconductors are majorly used in medical, lighting, and food sanitization applications.
The COBs are packed for applications with high-power lighting, such as stadium lighting and airport lighting. On the other hand, Opto-semiconductors packed in HTCC substrates are used in aircraft, metro trains, and traffic lights, etc. Thus, memory modules manufactured at Polymatech form an integral part of all major electronic systems.
Speaking on the latest development, Polymatech’s founding president Eswara Rao Nandam said, “We are thrilled to announce the full-fledged rollout of production for our Opto-semiconductors and memory modules. Our Optos give more than 97% CRI (Color Rendering Index). By 2029, the global semiconductor industry market size is predicted to be US$ 1,340 bn and the Indian market will form a significant portion of this industry with a projected growth of US $64 bn by 2026. This, coupled with the ongoing worldwide chip shortage, makes for immense growth potential.”
He added that the company aims to leverage this global opportunity to become one of the largest chip manufacturers in Asia by 2025. In addition to this, the company stands at its final stage in the trials for semiconductor chips production with general and medical applications.
In 2018, Polymatech started manufacturing semiconductor chips and became India’s first semiconductor chip manufacturer. The company’s vision is in line with the government’s initiatives such as Make in India and Digital India.
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