Semiconductor- List Of Stocks Listed in Stock Market

#NSE0038– Sectoral Analysis- Semiconductor

India has launched several initiatives to boost the local semiconductor industry, recognizing the strategic importance of this sector in the global supply chain. Key among these is the India Semiconductor Mission (ISM), which aims to establish a sustainable semiconductor and display ecosystem. The government has earmarked substantial financial incentives through schemes such as the Semiconductor and Display Manufacturing Linked Incentive Scheme, which offers financial incentives to companies investing in semiconductor manufacturing, display fabs, and related sectors.

Moschip Technologies Ltd

Specializing in semiconductor design services, the company provides comprehensive solutions ranging from turnkey ASIC (Application-Specific Integrated Circuit) to IP (Intellectual Property) design. This versatility enables Moschip to cater effectively to a diverse clientele, enhancing its reputation in the global semiconductor arena. An important strategic move for Moschip was the acquisition of Safaitic’s Inc in FY23. This acquisition represents a significant enhancement in the company’s capabilities, particularly in the area of Embedded System Design. Moschip’s focus on developing smart meter chips through the DLI (Demand Led Innovation) scheme indicates their proactive approach in tapping into new market opportunities presented by global shifts towards smart technologies.

ASM Technologies Ltd

A significant aspect of ASM Technologies’ strategy involves a joint venture with HHV Group, which is aimed at manufacturing cutting-edge semiconductor equipment. In November 2023, ASM Technologies further bolstered its strategic position by acquiring Semcon Engineering UK Ltd. This acquisition is a clear step towards enhancing ASM’s international presence, particularly in the European market. Semcon Engineering UK Ltd brings with it a wealth of experience and a robust client base, which can significantly enhance ASM’s service offerings and market reach.

Kaynes Technology India Ltd

A significant player in the semiconductor manufacturing sector. The company recently signed a Memorandum of Understanding (MoU) with the Government of Telangana, a strategic move that highlights its commitment to expanding its manufacturing capabilities in India. Furthermore, Kaynes raised ₹14 billion to establish facilities focused on Outsourced Semiconductor Assembly and Testing (OSAT) and Compound Semiconductor manufacturing.

The OSAT segment involves third-party services for semiconductor companies, which include assembling, testing, and packaging of integrated circuits. This sector is growing as semiconductor firms increasingly outsource these operations to focus on chip design and performance enhancements. Compound semiconductors, made from two or more elements, are known for their superior speed, heat resistance, and electronic properties compared to silicon. These semiconductors are increasingly used in high-performance applications like 5G networks, electric vehicles, and aerospace.

VL E-Governance & IT Solutions Ltd

Company has taken a strategic step towards enhancing its offerings in the semiconductor industry by signing a Memorandum of Understanding (MoU) with Wafer Lead Pte Ltd, based in Singapore. This collaboration is set to focus on the burgeoning field of Silicon Carbide (SiC) and third-generation semiconductors, areas that are gaining significant attention due to their enhanced performance characteristics in power electronics and other high-demand applications.

SiC and other third-generation semiconductors are crucial for applications that require high efficiency and durability, such as electric vehicles, renewable energy power systems, and high-performance computing. By entering into this collaboration, VL E-Governance is positioning itself to tap into the advanced design and engineering aspects of these technologies, potentially leading to innovative product offerings and service enhancements in a highly competitive sector.

Astra Microwave Products Ltd

Company serves as a strategic partner for businesses involved in contract semiconductor manufacturing. The company plays a vital role in the semiconductor manufacturing chain, particularly in the domains of RF (radio frequency) and microwave components. These components are critical for a wide range of applications, including defense, space, and telecommunications.

The recent collaboration agreement between Astra Microwave Products Ltd and Teledyne e2v HiRel Electronics marks a significant development in the aerospace, defense, and high-reliability electronics markets. This strategic partnership aims to enhance the semiconductor service offerings of both companies, which can have profound implications for their operations, market position, and the broader industry.

Spel Semiconductor Ltd

India’s first and only semiconductor IC (Integrated Circuit) Assembly & Test facility. Based in Chennai, Spel Semiconductor is integral to the semiconductor manufacturing ecosystem in India, providing essential packaging solutions that are pivotal in the final stages of semiconductor production.

The company’s focus on IC assembly and testing is particularly important for industries such as communications, consumer electronics, computing, industrial, and automotive—all of which are increasingly reliant on advanced semiconductor technology. Spel’s ability to offer tailored packaging solutions enables semiconductor devices to meet the rigorous performance and durability requirements of these diverse applications.

Tata Elxsi Ltd

A powerhouse in system and software design across various industries, including semiconductors. The company’s recent partnership with Renesas Electronics to establish a design center in Bangalore marks a significant development, particularly in the context of electric vehicles. This collaboration is centered around Renesas’ new Narrowband-Internet of Things (NB-IoT) chipset RH1NS200, which is designed for a wide range of applications, thereby enhancing Tata Elxsi’s capability in IoT and connected device technologies.

Grindwell Norton Ltd

Operates significantly in the abrasive and ceramic materials sector, and it is leveraging these strengths through its silicon carbide operations. Silicon Carbide (SiC) is a highly valuable material in various industries due to its durability and thermal conductivity, making it especially useful in high-performance electronic applications.

The company’s operations in this area are conducted through its subsidiary, Saint-Gobain Ceramic Materials Bhutan Pvt Ltd, located in Bhutan. This strategic positioning not only taps into specific geographic advantages but also underscores Grindwell Norton’s commitment to expanding its high-performance materials portfolio. SiC is crucial for advanced applications in electronics and renewable energy sectors, and having a dedicated facility in Bhutan allows Grindwell Norton to enhance its production capabilities and meet growing market demands efficiently.

HCL Technologies Ltd

One of India’s leading IT services companies making significant strides in the semiconductor industry. The company is expanding its semiconductor presence through substantial investments in assembly and testing facilities. Its move towards establishing an Outsourced Semiconductor Assembly and Test (OSAT) facility in Karnataka represents a major step forward in enhancing its capabilities in the semiconductor sector.

Partnering with Foxconn in Taiwan, HCL is strategically leveraging its chip design expertise. Foxconn is a global leader in electronics manufacturing, and this partnership not only provides HCL with access to cutting-edge manufacturing and testing technologies but also positions it as a significant player in the semiconductor assembly and testing market. This collaboration enriches India’s semiconductor ecosystem by introducing more funds, advanced technology, and enhanced supply chain prospects, aligning well with the national ambition to boost the semiconductor industry.

Disclaimer-

It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.