Joint Venture
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Renesas Calms Fears Over Indian OSAT Project as Wolfspeed Faces Uncertainty Wolfspeed, a US-based silicon carbide (SiC) wafer maker, reported in an SEC filing that its ability to continue operations is in doubt, hinting at possible bankruptcy. Renesas Electronics of Japan has a $2 billion long-term agreement with the company for SiC wafer supply. Advance payments that have already been made towards this put Renesas at risk of financial loss. The Wolfspeed… |
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BEL and Tata Electronics Sign MoU to Propel India's Indigenous Semiconductor Ecosystem Bharat Electronics Ltd(BEL), a Navratna defense public sector enterprise that deals with cutting-edge electronics systems, and Tata Electronics, a Tata Group greenfield venture, signed a Memorandum of Understanding (MoU) on June 5, 2025, at Bombay House, Mumbai. This formalizes their joint efforts to develop indigenous electronics and semiconductor solutions. The primary aim of the… |
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Toshiba Carrier Established New Joint Venture in India to Address Strong Demand of Air Conditioning Solutions Toshiba Carrier Corporation established a new joint venture - Toshiba Carrier Air-Conditioning India Private Ltd, with Gurgaon, India based Technologies Corporation. The new joint venture, established on August 14, 2018 and headquartered in the premises of Toshiba India Private Ltd., allows Toshiba Carrier to localize planning, development, manufacturing and sales of its… |
