September 18, 2024 /SemiMedia/ — At this year's India Semiconductor Expo, Tokyo Electron (TEL), a leading Japanese semiconductor equipment manufacturer, announced plans to actively expand its presence in India's growing semiconductor supply chain. TEL’s president and CEO, Toshiki Kawai, stated that the company will provide equipment and technical support to India’s chip manufacturing sector, with the aim of establishing a comprehensive equipment delivery and after-sales support system by 2026.

Kawai emphasized that India, as an emerging semiconductor market, requires a broad range of expertise, including manufacturing technologies. TEL's partnership with Tata Electronics aims to build a strong relationship from the early stages of the Indian market’s development to support its rapid growth. Tata Electronics is working with United Microelectronics Corporation (UMC) to establish a semiconductor front-end manufacturing facility, and TEL's leading global technology and expertise will play a crucial role in supporting the factory's operations.

On infrastructure, Kawai pointed out that beyond essential utilities like electricity and water, factors such as worker safety, medical facilities, and housing for foreign technical personnel are key elements in the development process. TEL plans to initially send engineers from Japan to provide installation and engineering services, while gradually building a localized training and hiring system in India to meet future customer investment demands.

Looking ahead, Kawai forecasted continued rapid growth in the global semiconductor market, driven by advancements in AI, autonomous driving, and the Internet of Things (IoT). He expects the market to surpass $1 trillion by 2030. Additionally, Kawai highlighted quantum technologies, 6G, and 7G communications as leading the next wave of technological innovation, predicting the global semiconductor market could reach $5 trillion by 2050. This underscores the strategic importance of TEL’s early entry into India’s high-potential market.

TEL’s move into the Indian market signifies India’s increasing importance in the global semiconductor supply chain and provides critical technological support and innovation for the country’s future semiconductor industry.