Toshiki Kawai, President and CEO of Japanese semiconductor equipment manufacturer Tokyo Electron (TEL), stated at this year's India Semiconductor Expo that the company plans to enter the bottom of India's expanding chip supply chain.
We hope to establish a system for delivering equipment and providing after-sales support by 2026, "Toshiki Kawai said of India.
Tata Electronics plans to collaborate with TSMC to build a semiconductor front-end processing plant. Semiconductors require extensive knowledge and experience, including manufacturing technology. TEL has been discussing future growth plans with Tata. Tata and TEL announced their partnership because TEL hopes to establish a strong relationship from the early stages of the Indian market.
TEL states that its products have the highest or second global market share, so there is no semiconductor that can be manufactured without TEL. TEL has the technology and expertise to contribute to the Indian market.
Toshiki Kawai stated that in terms of infrastructure construction, in addition to electricity and water resources, hospitals are also needed where workers can receive treatment in case of accidents in factories; We also need a hotel where Japanese technicians can stay.
The TEL program initially dispatched engineers from Japan to provide engineering services required for installing equipment. We hope to establish a system for delivering equipment and providing after-sales support before 2026.
Providing services based on the timing of customer investment is also important. In the future, TEL needs to establish facilities in India to hire and train personnel. We hope to provide a place where people can interact with actual devices, rather than just a "digital twin" of virtual replicated production equipment.
In terms of the future growth prospects of the semiconductor market, Toshiki Kawai stated that there was a cycle in the past driven by the launch of new products such as PCs. Next are smartphones, the Internet of Things, and cloud computing. The semiconductor market is currently in the second wave, driven by technologies such as AI and autonomous driving. By 2030, the market size will exceed $1 trillion.
Toshiki Kawai stated that the next wave will be quantum technology and 6G and 7G communication. Data traffic will increase, and it is estimated that the market size will reach $5 trillion by 2050. That's why it's crucial for TEL to enter the Indian market with huge potential in the early stages and contribute to the industry.
