Cyient Semiconductors partners with GlobalFoundries to provide chipmaking services in India
Cyient Semiconductors
on Thursday said it has signed a strategic channel partner agreement with US-based chipmaker
GlobalFoundries
for providing
semiconductor manufacturing services
.
Hyderabad-based
Cyient
had launched its semiconductor unit in April this year to provide application-specific integrated circuit (ASIC) turnkey solutions for companies.
'Under the agreement, Cyient Semiconductors becomes an authorised reseller of GF's semiconductor manufacturing services and technologies,' Cyient Semiconductors said in a media statement.
The pact will allow Cyient Semiconductors to provide companies with access to GlobalFoundries' fabrication, technical consultation, design enablement, assembly, testing, and other value-added services to drive innovation and reduce time-to-market, according to the statement.
GlobalFoundries counts iPhone-maker Apple, Intel, and Qualcomm, among others, as its customers. It has
semiconductor fabrication
units in the US, Europe and Asia, including China.
'It positions us to serve the fast-growing ecosystem of
fabless companies
with access to world-class foundry capabilities and advanced technologies from GlobalFoundries. By combining this with Cyient Semiconductors' turnkey ASIC capabilities, we are excited to play a catalyst role in accelerating
semiconductor innovation
across automotive, industrial, medical, and communication sectors,' Cyient Semiconductors CEO Suman Narayan said.
GlobalFoundries does not have a manufacturing unit, or a fab, in India. However, it has an employee base of over 1,000 in the country, according to a recent post on LinkedIn.
'Cyient Semiconductors brings strong domain expertise, customer-centricity, and complementary design capabilities that align perfectly with GF's mission to expand our strategic alliances across the semiconductor industry,' GlobalFoundries Chief Customer Officer Samuel Vicari said.
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