The Far East will not remain far for L&T Semiconductor Technologies Ltd (LTSCT) anymore! Very soon it will be developing semiconductor products tailored for the Japanese market.

 

LTSCT took the first step in that direction by inking a memorandum of understanding (MoU) with Tokyo-based Marubun Corporation. Finalised in December 2024, the collaboration aims to leverage Marubun’s market expertise in Japan and LTSCT’s strengths in India.
 
The MoU outlines a comprehensive framework for market research in Japan to support LTSCT’s drive to develop products for the Japanese market. In return, Marubun will leverage LTSCT’s comprehensive capabilities to build an ecosystem for expansion into the Indian market or for reviewing their global supply chains.

 

The partnership assumes significance as the global semiconductor industry witnesses a geographic shift, with Asia emerging as a major player. The growing demand for specialised chips and the rapid pace of technological advancements will further intensify competition.

 

LTSCT focusses on delivering innovative semiconductor technologies and solutions to customers worldwide, and this collaboration is likely to help build the semiconductor ecosystem by combining LTSCT’s innovative capabilities with Marubun’s market expertise in Japan.