L&T Semiconductor Expands Portfolio with Fujitsu Power Module Assets

L&T Semiconductor Technologies (LTSCT) declared power module design assets acquisition over Japan-based Fujitsu General Electronics (FGEL). The acquisition encompasses the state-of-the-art research and design equipment, design patents and intellectual property associated with the technologies of the power modules and represents a strategic step in India's hopes to increase its semiconductor project footprint.

The company highlights that this acquisition will strengthen LTSCT in power electronics design and development, and open the way to a broader product range to serve industrial, energy, and automotive needs.

Highlighting the importance of this move, LTSCT Chief Executive Sandeep Kumar stated, "The acquisition of power module technology is a crucial step in LTSCT's growth journey and an important step towards our vision of enhancing India's presence in the global semiconductor ecosystem. This significantly strengthens our global intellectual property portfolio, and enhances our design capabilities, thus reinforcing our commitment to delivering world-class semiconductor solutions globally."

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The acquisition is not just an addition of strength to the semiconductor ecosystem in India, but it also indicates the increasing international partnerships. Expressing confidence in the transition, FGEL Director and COO Tadashi Hasegawa said, "We are pleased to see our power module business become a part of LTSCT -- a leading semiconductor company from India that shares our commitment to innovation and technological excellence. We are sure that this transfer will ensure the continued development and expansion of cutting-edge power module technologies, benefiting global customers and driving industry-wide advancements."

Industry analysts view the agreement as a landmark achievement in making India more active in the global semiconductor value chain, which is increasingly a power electronics-dependent segment of the global industry and next-generation technologies.