Sanken Electric and Kaynes Semicon Agree to Explore Strategic Partnership in Manufacturing of LEDs and Power Devices
Sanken Electric Co., Ltd. (“Sanken Electric”), headquartered in Saitama, Japan, today announced that it has reached an agreement with Kaynes Semicon Private Limited (“Kaynes”), an India-based provider of semiconductor assembly and test services (OSAT) headquartered in Karnataka, to explore a strategic collaboration in outsourced manufacturing of LEDs and Power Devices in India (the “Collaboration”).
The proposed Collaboration is intended to strengthen the companies’ competitive position in India’s rapidly growing market, in line with the Government of India’s “Make in India” initiative. By leveraging the respective resources and capabilities of both companies, Sanken Electric and Kaynes aim to mitigate risks associated with fluctuations in demand while maximizing investment efficiency.
By combining Sanken Electric’s global customer base and high-quality product portfolio with Kaynes’ manufacturing capabilities in India, the two companies intend to pursue new business opportunities across India’s automotive, industrial, and consumer markets, the scope of the Collaboration to encompass products more broadly.
In the LED business, Sanken Electric will explore opportunities for expanding its presence in the Indian market, with Kaynes providing support as a OSAT partner.
Going forward, the two companies will continue to discuss key matters for consideration on the outsourced manufacturing of LEDs and Power Devices.
【 About Sanken 】
Website: https://www.sanken-ele.co.jp/
【 About Kaynes Semicon 】
Its semiconductor manufacturing platform in Sanand, Gujarat, supports the development and production of semiconductor packages for automotive, industrial, power electronics and other advanced applications.
Website: https://www.kaynessemicon.com/