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HCL Technologies eyeing to double semiconductor services business in 3-4 years

06 Mar 2023 Evaluate

HCL Technologies is eyeing to double semiconductor services business in 3-4 years following capabilities that it will develop around electronic chip plants to be set by its group firm. HCL Group is among the companies that have applied to set up electronic chip plants under the Scheme for Compound Semiconductors and HCL Technologies will assist HCL Corporate in end-to-end processing of chips.

HCL Group is planning to set up a chip wafer fabrication unit for 65 nanometre nodes that are used in automobile, consumer durables and low-cost devices segment. HCL Technologies currently works with semiconductor players like Intel, NXP, Taiwan Semiconductor Manufacturing Company (TSMC), and Applied Materials in the electronic chip production.

HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.

Peers
Company Name CMP
TCS 2098.00
Infosys 1013.00
HCL Technologies 1202.10
Wipro 161.50
Tech Mahindra 1503.00
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