PTW and RRP Electronics Forge Strategic Partnership

In a significant move for the semiconductor industry, PTW, a Singapore-based semiconductor solutions provider, has announced a landmark agreement with RRP Electronics Ltd, an OSAT company in India. The deal involves the supply of a silicon wafer production line, marking a pivotal step towards enhancing India's semiconductor manufacturing capabilities.

Expanding India's Semiconductor Horizon

The agreement not only includes the transfer of the production line but also encompasses process and technology know-how, setting the stage for RRP Electronics to commence pilot production by 2025-26. With full capacity anticipated within two years, the facility is projected to generate over $1.2 billion in revenue, boasting a gross profit margin exceeding 60%.

PTW's Vision for India

Looking ahead, PTW plans to extend its footprint in India by selling two additional wafer production lines to local customers within the next one to two years. This initiative underscores PTW's commitment to bolstering India's semiconductor infrastructure and reducing the country's dependency on imported electronics.