Semiconductor chip manufacturer Polymatech Electronics will spend close to $300 million in closing two acquisitions within the next few months in the US and France as it expands its presence globally. Polymatech Electronics founder Eswara Rao Nandam told Mint that the acquisitions will be funded through a mix of internal accruals and external investments from potential equity investors. In August, …
India’s homegrown semiconductor maker Continental Device India Private Limited on Thursday announced a new surface mount semiconductor packaging line at its Mohali campus. Established in 1964, CDIL has become India’s first Silicon Carbide components manufacturer and aims to fuel the growing demands of electric vehicle, power management and solar energy industry with high power and more efficient components. “CDIL gives …
