<ul><li>Kaynes Semicon and L&T Semiconductor Technologies to acquire Fujitsu's power modules business in a deal worth INR 118.32 Cr.</li><li>Fujitsu will transfer its power modules business to LTSTC and related production facilities to Kaynes Semicon.</li><li>Kaynes Semicon to emerge as a major player in power electronics supply chain by finalizing the deal by June 23.</li><li>India's semiconductor industry seeing significant growth with companies like Kaynes Semicon setting up units under India Semiconductor Mission 1.0 and government initiatives to boost semiconductor manufacturing in the country.</li></ul>

Semicon Push: Kaynes, L&T Arm To Buy Fujitsu’s Power Modules Biz

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