Cyient Semiconductors, a leading provider of custom ASIC turnkey and intelligent power solutions, has achieved a significant milestone by qualifying for a crucial contract in the ₹4,500-crore modernization initiative at the Semi-Conductor Laboratory (SCL) in Mohali. This development marks a substantial step forward in India's pursuit of semiconductor self-reliance under the India Semiconductor Mission (ISM).

Key Highlights

• Contract Scope: Supply and qualification of technology IPs, including design enablement
• Project Value: Part of a ₹4,500-crore modernization initiative
• Technologies Involved: RF-CMOS, BCD (HVLDMOS), and CMOS Image Sensor
• Manufacturing Capability: Enhancement of SCL's 8-inch manufacturing line

Strategic Importance

The qualification of Cyient Semiconductors for this contract aligns closely with the Indian government's objectives under the ISM. These objectives include:

1. Expanding domestic semiconductor capabilities
2. Reducing reliance on imports
3. Creating accessible fabrication capacity for startups, academia, and strategic sectors

Technology Contribution

Cyient Semiconductors will be supplying and qualifying three foundational process technologies:

These technologies are crucial for various industries, including industrial, automotive, energy, sensing, and connectivity domains. By providing these advanced process technologies, Cyient Semiconductors will play a vital role in enhancing India's mature-node semiconductor capabilities.

Impact on Indian Semiconductor Ecosystem

The involvement of Cyient Semiconductors in this project is expected to:

1. Accelerate India's semiconductor self-reliance
2. Enable the delivery of high-value silicon solutions in digital, analog mixed signal, and power domains
3. Strengthen the relevance and utility of India's mature-node semiconductor capability

Future Implications

With the qualification for these updated technology platforms, Cyient Semiconductors will potentially enable SCL to support a wider range of applications in the future, including:

• Smart energy and metering solutions
• Certain classes of automotive electronics
• Industrial control systems
• Imaging and sensing technologies
• Low-power wireless or IoT devices

This expansion of capabilities aligns with global demand trends and positions India's semiconductor industry for growth in strategic sectors.

Company Perspective

Krishna Bodanapu, Executive Vice-Chairman and Managing Director of Cyient Limited, expressed pride in the company's qualification for this strategic project, stating that it validates their engineering depth, IP portfolio, and turnkey execution capabilities.

Suman Narayan, CEO of Cyient Semiconductors, emphasized the company's deep strength in the qualified technology areas and viewed this program as both a responsibility and an opportunity to strengthen India's semiconductor ecosystem.

This development not only highlights Cyient Semiconductors' strategic focus on high-growth segments but also underscores its commitment to contributing to India's technological advancement in the critical semiconductor sector.

Cyient Postpones Investor Day

Cyient , a global technology solutions company, has announced the rescheduling of its Investor Day, which was originally planned for May 18, 2023. The company cited ongoing strategic corporate initiatives as the reason for this postponement.

Key Points:

• Original Date: May 18, 2023
• New Date: To be announced
• Reason: Ongoing strategic corporate initiatives

Company Statement

Cyient assured its stakeholders that a new date for the Investor Day would be communicated in due course. The company emphasized its commitment to keeping investors and analysts informed about its business strategies and growth plans.

Looking Ahead

As Cyient works through its strategic initiatives, investors and analysts will be awaiting further announcements. The rescheduled Investor Day is expected to provide insights into the company's future direction and growth strategies.

Stakeholders are advised to stay tuned for updates from Cyient regarding the new date for the Investor Day.