{"id":844271,"date":"2024-08-14T09:16:14","date_gmt":"2024-08-14T03:46:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=844271"},"modified":"2024-08-14T09:32:23","modified_gmt":"2024-08-14T04:02:23","slug":"lt-semiconductor-to-sign-contracts-with-6-automobile-companies-by-sept","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/14\/lt-semiconductor-to-sign-contracts-with-6-automobile-companies-by-sept\/","title":{"rendered":"L&amp;T Semiconductor to sign contracts with 6 automobile companies by Sept"},"content":{"rendered":"<p>L&amp;T Semiconductor Technologies will sign contracts with six automobile companies by the end of September, making them its first clients, the company&#8217;s chief executive said on Tuesday. <\/p>\n<p>The total value of the contracts is $150 million per year, CEO Sandeep Kumar told Reuters in an interview. <\/p>\n<p>The chip-design unit of India&#8217;s biggest infrastructure firm Larsen and Toubro was set up in November 2023, with an investment of $100 million from its parent. The company currently does not generate revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>L&amp;T Semiconductor Technologies will sign contracts with six automobile companies by the end of September, making them its first clients, the company&#8217;s chief executive said on Tuesday. The total value of the contracts is $150 million per year, CEO Sandeep Kumar told Reuters in an interview. The chip-design unit of India&#8217;s biggest infrastructure firm Larsen and Toubro was set up in November 2023, with an investment of $100 million from its parent. The company currently does not generate revenue.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-844271","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844271","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=844271"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844271\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=844271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=844271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=844271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}