Kaynes Semicon announces strategic partnerships with Mitsui & Co. and AOI Electronics to Strengthen India's Semiconductor Ecosystem

Kaynes Semicon Private Limited, a wholly owned subsidiary of Kaynes Technology India Limited, is pleased to announce two landmark strategic partnerships with global technology leaders - AOI Electronics Co., Ltd. (Japan) and Mitsui & Co., Ltd. (Japan) - to strengthen its upcoming semiconductor manufacturing operations in India. These alliances are expected to play a crucial role in advancing India's ambitions to become a global semiconductor hub.

Partnership with AOI Electronics - Driving Advanced Packaging Capabilities

Kaynes Semicon has entered into a technology collaboration with AOI Electronics Co., Ltd., a pioneer in semiconductor back-end processes. AOI brings industry-leading expertise in Advanced Packaging, Panel-Level Packaging, and Wafer-Level Redistribution Layer (RDL) technologies. This collaboration positions Kaynes Semicon to deliver world-class turnkey back-end semiconductor solutions to global customers across automotive, industrial, consumer electronics, and communication sectors.

"This collaboration is a leap forward in our mission to build high-value semiconductor capabilities in India," said Mr. Raghu Panicker, CEO, Kaynes Semicon. "AOI's proven excellence in backend technology strengthens our offering and significantly enhances our ability to serve the global semiconductor value chain from India."

Partnership with Mitsui & Co. - Securing Critical Supply Chain Components

In parallel, Kaynes Semicon has forged a strategic alliance with Mitsui & Co., Ltd., a globally renowned trading and investment firm operating across 60+ countries. Through this partnership, Kaynes Semicon will gain assured access to critical raw materials, including lead frames, molding compounds, die attach materials, specialty gases and semiconductor-grade chemicals, which are essential for wafer fabrication and packaging.

This supply chain collaboration is aimed at mitigating global disruptions, ensuring resilience and reliability, and supporting the creation of a self-reliant semiconductor ecosystem in India.

"Our association with Mitsui ensures a robust and secure supply of key materials, a vital requirement for any semiconductor manufacturing facility. This is a foundational step toward operational readiness and scale," Mr. Panicker added.

Significance of the Strategic Alliances

These strategic collaborations are not only technical or commercial arrangements - they represent India's rising stature in the global semiconductor landscape. By aligning with domain leaders in both technology and materials, Kaynes Semicon is:

Accelerating the buildout of advanced manufacturing infrastructure in India.

Supporting the Government of India's "Make in India" and "Atmanirbhar Bharat" initiatives in the high-tech sector.

Strengthening India's participation in the global semiconductor value chain.

Enhancing capabilities for design, packaging, and material readiness to support domestic and global demand.

Shares of Kaynes Technology India Limited was last trading in BSE at Rs. 4185.40 as compared to the previous close of Rs. 4199.00. The total number of shares traded during the day was 257859 in over 24469 trades.

The stock hit an intraday high of Rs. 4240.00 and intraday low of 4125.00. The net turnover during the day was Rs. 1079060696.00.

Source : Equity Bulls

Keywords

KaynesTechnologyIndia IndustrialProducts INE918Z01012 StrategicPartnerships Mitsui