Kaynes Semicon to have 1 billion chip volume, says CEO

Kaynes Semicon, the semiconductor arm of Kaynes Technology, is targeting to have 13 chip assembly and test lines over the next 1.5-2 years with a volume of 1 billion chips annually, the company’s CEO Raghu Panicker told FE in an interaction.

Kaynes Semicon is close to receiving approval on its chip assembly and test – OSAT (outsourced semiconductor assembly and test) unit in Telangana under the government’s Rs 76,000 crore semiconductor incentive scheme.

“Kaynes will be building its semiconductor business in phases and is open to expanding in other states depending on the customer and product demand,” Panicker added.