{"id":832712,"date":"2024-07-15T10:25:38","date_gmt":"2024-07-15T04:55:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832712"},"modified":"2024-07-15T10:25:38","modified_gmt":"2024-07-15T04:55:38","slug":"cyient-sets-up-a-new-subsidiary-for-its-semiconductor-business","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/cyient-sets-up-a-new-subsidiary-for-its-semiconductor-business\/","title":{"rendered":"Cyient sets up a new subsidiary for its semiconductor business"},"content":{"rendered":"<p>As India shifts towards advancing its chip technology landscape, Cyient Ltd on Friday announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary.<\/p>\n<p>&#8220;We are happy to announce this strategic initiative that enhances our capabilities in Application Specific Integrated Circuit (ASIC) turnkey design and manufacturing. As the global semiconductor market is expected to hit a trillion dollars by 2030 and the Indian Electronics and Semiconductor Association (IESA) forecasting the industry&#8217;s growth to $100 billion by 2030, we are wellpositioned to capitalize on the vast opportunities for growth and influence in this evolving market,&#8221; said Krishna Bodanapu, Vice Chairman and Managing Director of Cyient Limited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As India shifts towards advancing its chip technology landscape, Cyient Ltd on Friday announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary. &#8220;We are happy to announce this strategic initiative that enhances our capabilities in Application Specific Integrated Circuit (ASIC) turnkey design and manufacturing. As the global semiconductor market is expected to hit a trillion dollars by 2030 and the Indian Electronics and Semiconductor Association (IESA) forecasting the industry&#8217;s growth to $100 billion by 2030, we are wellpositioned to capitalize on the vast opportunities for growth and influence in this evolving market,&#8221; said [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-832712","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832712"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832712\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}