Polymatech to set up assembly plant in Bahrain

CHENNAI: Chennai-based opto semiconductor chipmaker Polymatech is planning to set up an assembly plant in Bahrain worth $16.5 million, which will help raising crops in the Middle East and the North Africa (MENA) region.

The Mena region has been reliant on food imports and the investment would help the region grow their own vegetables using light emitting semiconductors. Apart from that, the focus will be on medical electronics, including eye surgery, laparoscopy, and vein finder.