Tata Electronics eyes Malaysia foray via chip fab acquisition

Tata Electronics is in talks with several global semiconductor companies including X-Fab, DNeX and Globetronics to acquire a fabrication or outsourced semiconductor assembly and test (OSAT) plant in Malaysia, according to people in the know. The move is aimed at bolstering the Tata Group company’s knowledge and talent base before entering the semiconductor assembly and packaging business in India.