Tata Electronics, Himax Technologies and Powerchip Semiconductor Manufacturing Corporation Form Alliance to Revolutionize India’s Display and Ultralow Power AI Sensing Product and Technology Ecosystem
Himax Technologies (NASDAQ: HIMX) has announced a strategic Memorandum of Understanding (MoU) with Tata Electronics and Powerchip Semiconductor Manufacturing (PSMC) to develop India's display and ultralow power AI sensing ecosystem.
The partnership aims to deliver comprehensive display semiconductor solutions, from chip design to manufacturing and packaging, targeting both Indian and global markets. This collaboration builds upon Tata Electronics and PSMC's 2024 agreement to establish advanced semiconductor manufacturing in India.
The alliance will focus on developing 'Made in India' solutions while leveraging Himax's expertise in display semiconductors and WiseEye™ ultralow power AI sensing, combined with PSMC's manufacturing capabilities and Tata Electronics' local presence. The partnership seeks to enhance supply chain resilience and drive innovation in display technologies across key industries.
Himax Technologies (NASDAQ: HIMX) ha annunciato un Memorandum of Understanding (MoU) strategico con Tata Electronics e Powerchip Semiconductor Manufacturing (PSMC) per sviluppare l'ecosistema di display e sensori AI a ultrabasso consumo in India.
La partnership mira a fornire soluzioni complete di semiconduttori per display, dalla progettazione dei chip alla produzione e imballaggio, mirando sia al mercato indiano che a quello globale. Questa collaborazione si basa sull'accordo del 2024 tra Tata Electronics e PSMC per stabilire una produzione avanzata di semiconduttori in India.
L'alleanza si concentrerà sullo sviluppo di soluzioni 'Made in India', sfruttando l'expertise di Himax nei semiconduttori per display e WiseEye™ per sensori AI a ultrabasso consumo, combinata con le capacità produttive di PSMC e la presenza locale di Tata Electronics. La partnership cerca di migliorare la resilienza della catena di approvvigionamento e promuovere l'innovazione nelle tecnologie di display in settori chiave.
Himax Technologies (NASDAQ: HIMX) ha anunciado un Memorando de Entendimiento (MoU) estratégico con Tata Electronics y Powerchip Semiconductor Manufacturing (PSMC) para desarrollar el ecosistema de pantallas y sensores de IA de ultrabajo consumo en India.
La asociación tiene como objetivo ofrecer soluciones integrales de semiconductores para pantallas, desde el diseño de chips hasta la fabricación y el empaquetado, dirigidas tanto a los mercados indios como globales. Esta colaboración se basa en el acuerdo de 2024 entre Tata Electronics y PSMC para establecer una fabricación avanzada de semiconductores en India.
La alianza se centrará en desarrollar soluciones 'Made in India', aprovechando la experiencia de Himax en semiconductores de pantallas y WiseEye™ para sensores de IA de ultrabajo consumo, combinada con las capacidades de fabricación de PSMC y la presencia local de Tata Electronics. La asociación busca mejorar la resiliencia de la cadena de suministro y fomentar la innovación en tecnologías de pantallas en industrias clave.
Himax Technologies (NASDAQ: HIMX)는 Tata Electronics 및 Powerchip Semiconductor Manufacturing (PSMC)와 함께 인도의 디스플레이 및 초저전력 AI 센싱 생태계를 개발하기 위한 전략적 양해각서(MoU)를 발표했습니다.
이번 파트너십은 칩 설계부터 제조 및 포장에 이르기까지 종합적인 디스플레이 반도체 솔루션을 제공하는 것을 목표로 하며, 인도 및 글로벌 시장을 대상으로 하고 있습니다. 이 협력은 Tata Electronics와 PSMC 간의 2024년 계약을 바탕으로 인도에서 고급 반도체 제조를 설립하는 것입니다.
이 동맹은 Himax의 디스플레이 반도체 및 WiseEye™ 초저전력 AI 센싱 전문성을 활용하고 PSMC의 제조 능력과 Tata Electronics의 현지 존재를 결합하여 'Made in India' 솔루션 개발에 집중할 것입니다. 이 파트너십은 공급망의 회복력을 향상시키고 주요 산업 전반에 걸쳐 디스플레이 기술의 혁신을 촉진하는 것을 목표로 합니다.
Himax Technologies (NASDAQ: HIMX) a annoncé un protocole d'accord stratégique (MoU) avec Tata Electronics et Powerchip Semiconductor Manufacturing (PSMC) pour développer l'écosystème d'affichage et de capteurs AI à très basse consommation en Inde.
Le partenariat vise à fournir des solutions complètes de semi-conducteurs d'affichage, allant de la conception de puces à la fabrication et à l'emballage, ciblant à la fois les marchés indiens et mondiaux. Cette collaboration s'appuie sur l'accord de 2024 entre Tata Electronics et PSMC pour établir une fabrication avancée de semi-conducteurs en Inde.
L'alliance se concentrera sur le développement de solutions 'Made in India', tout en tirant parti de l'expertise de Himax dans les semi-conducteurs d'affichage et WiseEye™ pour la détection AI à très basse consommation, combinée aux capacités de fabrication de PSMC et à la présence locale de Tata Electronics. Le partenariat vise à renforcer la résilience de la chaîne d'approvisionnement et à stimuler l'innovation dans les technologies d'affichage dans des secteurs clés.
Himax Technologies (NASDAQ: HIMX) hat ein strategisches Memorandum of Understanding (MoU) mit Tata Electronics und Powerchip Semiconductor Manufacturing (PSMC) angekündigt, um Indiens Display- und ultraniedrigstromverbrauchende KI-Sensorekosystem zu entwickeln.
Die Partnerschaft zielt darauf ab, umfassende Lösungen für Display-Halbleiter anzubieten, von der Chip-Entwicklung über die Herstellung bis hin zur Verpackung, wobei sowohl der indische als auch der globale Markt im Fokus stehen. Diese Zusammenarbeit baut auf dem 2024 vereinbarten Abkommen zwischen Tata Electronics und PSMC auf, um fortschrittliche Halbleiterherstellung in Indien zu etablieren.
Die Allianz wird sich darauf konzentrieren, 'Made in India'-Lösungen zu entwickeln und dabei die Expertise von Himax in der Display-Halbleitertechnologie und WiseEye™ ultraniedrigstromverbrauchende KI-Sensoren mit den Fertigungskapazitäten von PSMC und der lokalen Präsenz von Tata Electronics zu kombinieren. Die Partnerschaft zielt darauf ab, die Resilienz der Lieferkette zu verbessern und Innovationen in Display-Technologien in wichtigen Branchen voranzutreiben.
- Strategic expansion into India's growing semiconductor market
- Access to comprehensive end-to-end manufacturing capabilities
- Enhanced supply chain resilience through local production
- Potential market share growth in domestic and global markets
- None.
Insights
Himax Technologies' strategic alliance with Tata Electronics and PSMC represents a significant market expansion opportunity into India's growing semiconductor ecosystem. This partnership strategically positions Himax to capitalize on India's push for domestic electronics manufacturing through the "Made in India" initiative, potentially opening access to one of the world's fastest-growing consumer electronics markets.
The collaboration creates a vertical integration advantage by combining Himax's display driver and AI sensing expertise with Tata's manufacturing capabilities and PSMC's foundry operations. This end-to-end solution approach from chip design through manufacturing could strengthen Himax's competitive positioning and potentially improve margins through manufacturing efficiencies.
While financial terms and revenue projections aren't disclosed in this early-stage MoU, the partnership addresses two critical strategic imperatives: geographic diversification beyond traditional markets and supply chain resilience amid ongoing global semiconductor constraints. By establishing this foothold in India's developing semiconductor infrastructure, Himax positions itself advantageously against competitors who lack similar regional manufacturing partnerships.
The inclusion of Himax's WiseEye ultralow power AI sensing technology in this partnership is particularly noteworthy, as it extends beyond traditional display drivers into higher-margin AI applications, potentially accelerating adoption of this emerging technology segment within Himax's portfolio.
This three-way partnership creates an intriguing technological ecosystem that addresses emerging trends in display semiconductors. The technical synergies here are substantial - Himax brings specialized display driver ICs and ultralow power AI sensing technology, PSMC contributes advanced manufacturing processes, and Tata provides both manufacturing scale and important access to India's regulatory framework.
The focus on "ultralow power AI sensing" is technically significant as it targets a growing demand for edge AI capabilities in display applications. Himax's WiseEye technology enables AI processing directly on devices with minimal power consumption - a critical technical advantage for mobile and IoT applications prevalent in emerging markets like India.
From a technological perspective, this alliance creates multiple advantages: localized production reducing logistics challenges, supply chain diversification mitigating geopolitical manufacturing risks, and market-specific customization catering to India's unique technical requirements and price sensitivities.
The technical collaboration scope extends beyond manufacturing into joint product development, suggesting potential for India-specific display innovations. This approach differs from traditional semiconductor partnerships that typically focus solely on production rather than market-tailored solutions. By establishing this technical foundation in India now, Himax gains early-mover advantage in what could become a significant semiconductor development hub, while creating barriers to entry for competitors who lack similar localized expertise.
TAINAN and HSINCHU, Taiwan and MUMBAI, India, March 05, 2025 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductor products, today announced a Memorandum of Understanding (MoU) with Tata Electronics, a pioneering leader in India’s electronics manufacturing sector, and Powerchip Semiconductor Manufacturing Corporation (PSMC), a leading Taiwanese Foundry and Technology Transfer Partner of Tata Electronics, to revolutionize India’s display and ultralow power AI sensing product and technology ecosystem. This MoU marks a significant step forward for Tata Electronics, Himax, and PSMC in expanding their market outreach and jointly exploring the growing market of display semiconductors and ultralow power AI sensing in India as well as globally.
Tata Electronics, Himax, and PSMC aim to leverage their respective strengths to deliver comprehensive, end-to-end display semiconductor solutions for their mutual customers, from chip design to chip manufacturing and packaging, as well as electronics manufacturing services (EMS) to deliver system-level solutions, to both the Indian and global markets. The parties will collaborate closely to develop solutions focusing on "Made in India" requirements. The partnership also encompasses designing and manufacturing next-generation solutions to meet global demand while enhancing supply chain resilience.
Building on the landmark 2024 agreement between Tata Electronics and PSMC to establish advanced semiconductor manufacturing capabilities in India, today’s announcement paves the way for innovative display solutions tailored to the domestic market.
Dr Randhir Thakur, CEO and MD of Tata Electronics, said, “This MoU with Himax and PSMC will enable the development of differentiated solutions for display-related semiconductor products for our mutual customers. By combining Tata Electronics’ capabilities with Himax’s unparalleled expertise in display semiconductors and WiseEye™ ultralow power AI sensing and PSMC’s proven manufacturing solutions, we are creating a powerful ecosystem that addresses both domestic and global needs for the display semiconductor market. Together, we will drive innovation and develop next-generation technologies to meet the growing demands of display and ultralow power AI sensing technologies across key industries while contributing to a resilient semiconductor supply chain.”
Mr. Jordan Wu, Co-Founder and CEO of Himax Technologies, Inc., said, “We are delighted to join forces with Tata Electronics and PSMC to drive innovation in India’s rapidly expanding display semiconductor market. India is emerging as a key hub for electronics development and manufacturing, presenting immense opportunities for growth and technological advancement. Through this collaboration, we aim to bring Himax’s industry-leading expertise in display semiconductors and WiseEye™ ultralow power AI sensing to support India’s 'Made in India' initiative while enhancing global supply chain resilience. This partnership underscores our commitment to delivering cutting-edge display solutions that cater to the evolving needs of both Indian and international markets.”
Mr. Martin Chu, President of PSMC, said, “PSMC’s portfolio of semiconductor fabrication technologies is well-suited to meet the growing ‘Made in India’ requirements. We look forward to this partnership with Tata Electronics and Himax, as it provides a unique opportunity to expand our collective footprint and gain significant share in both the domestic and global display semiconductors and ultralow power AI sensing markets.”
About Tata Electronics Private Limited
Tata Electronics Pvt. Ltd. is a prominent global player in the electronics manufacturing industry, with fast-emerging capabilities in Electronics Manufacturing Services, Semiconductor Assembly & Test, Semiconductor Foundry, and Design Services. Established in 2020 as a greenfield venture of the Tata Group, the company aims to serve global customers through integrated offerings across a trusted electronics and semiconductor value chain. With a rapidly growing workforce, the company currently employs over 65,000 people and has significant operations in Gujarat, Assam, Tamil Nadu, and Karnataka, India. Tata Electronics is committed to creating a socio-economic footprint by employing many women in its workforce and actively supporting local communities through initiatives in environment, education, healthcare, sports and livelihood.
About Powerchip Semiconductor Manufacturing Corporation
Powerchip Semiconductor Manufacturing Corporation (PSMC) is the world’s seventh-largest pure-play foundry, with four 12-inch and two 8-inch fabs in Taiwan, capable of producing over 2.1 million 12-inch equivalent wafers annually. Since its establishment in 1994, the company transitioned successfully from DRAM manufacturing to advanced foundry services for memory and logic chips. Ranked seventh in global semiconductor ESG evaluations, PSMC demonstrates strong governance and environmental commitment. In May 2024, PSMC's new 12-inch fab in Taiwan's Tongluo Science Park began operations with a planned capacity of 1.2 million wafers annually, using advanced 28nm and wafer stacking technologies.
About Himax Technologies, Inc.
Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEye™ ultralow power AI sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,649 patents granted and 402 patents pending approval worldwide as of December 31, 2024.
Forward Looking Statements
Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company's SEC filings, including those risks identified in the section entitled "Risk Factors" in its Form 20-F for the year ended December 31, 2023 filed with the SEC, as may be amended.
Himax Contacts
Eric Li, Chief IR/PR Officer
Himax Technologies, Inc.
Tel: +886-6-505-0880
Fax: +886-2-2314-0877
Email: hx_ir@himax.com.tw
www.himax.com.tw
Karen Tiao, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999
Fax: +886-2-2314-0877
Email: hx_ir@himax.com.tw
www.himax.com.tw
Mark Schwalenberg, Director
Investor Relations - US Representative
MZ North America
Tel: +1-312-261-6430
Email: HIMX@mzgroup.us
www.mzgroup.us
FAQ
What is the purpose of Himax Technologies' (HIMX) new partnership with Tata Electronics and PSMC?
How will the HIMX-Tata-PSMC alliance benefit the Indian semiconductor market?
What technologies will Himax (HIMX) bring to the Indian market through this partnership?
How does this MoU relate to Tata Electronics' previous semiconductor agreement?
