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  3. Polymatech Forges Alliance With Orbray Japan

Polymatech Forges Alliance With Orbray Japan

1 Apr 2024

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Key Takeaways

  • Accelerated Growth:

    • Eswara Rao Nandam, Polymatech Electronics CEO, sees the collaboration with Orbray as a pivotal step towards their vision of becoming a semiconductor powerhouse, shifting from ingot procurement to product creation.

  • Opto-Semiconductor:

    • Polymatech Electronics, the sole Indian enterprise producing opto-semiconductor chips, boasts a robust capacity of 2 billion chips. With a global presence in the US, EU, and MENA regions, it achieved commendable exports exceeding $125 million in 2023-24.

  • Diversified Expansion:

    • Looking forward, Polymatech Electronics, under Nandam's leadership, plans to diversify wafer production into Silicon Carbide and Silicon Wafer fabrication. This underscores their commitment to innovation and excellence in the semiconductor sector.

  • Accelerated Growth:

    • Eswara Rao Nandam, Polymatech Electronics CEO, sees the collaboration with Orbray as a pivotal step towards their vision of becoming a semiconductor powerhouse, shifting from ingot procurement to product creation.

  • Opto-Semiconductor:

    • Polymatech Electronics, the sole Indian enterprise producing opto-semiconductor chips, boasts a robust capacity of 2 billion chips. With a global presence in the US, EU, and MENA regions, it achieved commendable exports exceeding $125 million in 2023-24.

  • Diversified Expansion:

    • Looking forward, Polymatech Electronics, under Nandam's leadership, plans to diversify wafer production into Silicon Carbide and Silicon Wafer fabrication. This underscores their commitment to innovation and excellence in the semiconductor sector.

polymatech unlisted shares

Polymatech Electronics

DRHP filed-13.19%

Expert Analysis

Polymatech Electronics Partners with Orbray Co Ltd, Aiming for Vertical Integration in Semiconductor Production.

Expert Analysis:

  • Strategic Collaboration: Polymatech Electronics and Japan's Orbray Co Ltd have signed an MoU, advancing Polymatech's journey toward becoming a fully integrated semiconductor company.

  • Enhanced Capabilities: Under the MoU, Orbray Co, renowned for precision components and Sapphire Wafer manufacturing, will share its Sapphire Ingot-growing tech with Polymatech. This collaboration isn't just a tech transfer but a bridge between Indian and Japanese semiconductor expertise.

  • Infrasturcture: Polymatech Electronics is upgrading its infrastructure with advanced Sapphire Ingot and wafer fabrication machinery, which will be installed by March 2025. This supports its self-reliance strategy and meets growing semiconductor demand in India.

Publisher:Mobility Outlook