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Business Alliance6707Sanken Electric Co.,Ltd.Electric appliances and precision instruments

Sanken Electric and Kaynes Semicon Enter into Strategic Partnership for the Production of LEDs and Power Devices

Sanken Electric agreed with Kaynes Semicon to explore collaboration on the production of LEDs and power devices in India. With support from Kaynes in OSAT, the two companies will discuss the terms of contract manufacturing and other matters going forward.

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43Recurring
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Agreements reached under this partnership

Business Alliance
6707Sanken Electric Co.,Ltd.
Alliance partnerKaynes Semicon Private Limited
Details of the alliance
  1. 1

    Sanken Electric will explore opportunities to expand its business in the Indian market with support from Kaynes as its OSAT partner.

  2. 2

    The two companies will continue discussions on key matters relating to the contract manufacturing of LEDs and power devices.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionEstablishment in India of an integrated back-end semiconductor ecosystem with capabilities spanning OSAT, advanced semiconductor packaging, test engineering, reliability and failure analysis, research and development (R&D), post-silicon engineering, system solutions and product engineering
LocationKarnataka, India
Agreements reached under this partnership
ItemDetails
Name of alliance partnerKaynes Semicon Private Limited
Alliance partner's business activitiesEstablishment in India of an integrated back-end semiconductor ecosystem with capabilities spanning OSAT, advanced semiconductor packaging, test engineering, reliability and failure analysis, research and development (R&D), post-silicon engineering, system solutions and product engineering
Alliance partner's locationKarnataka, India
Type of allianceBusiness Alliance
Details of the allianceSanken Electric will explore opportunities to expand its business in the Indian market with support from Kaynes as its OSAT partner., The two companies will continue discussions on key matters relating to the contract manufacturing of LEDs and power devices.
Items this document does not state (18)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The aim is to secure a competitive advantage in India's growing market in line with the Indian government's Make in India strategy. The companies also intend to reduce the risk of demand fluctuations and maximise investment efficiency by leveraging their respective resources.

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Sanken Electric and Kaynes Semicon Enter into Strategic Partnership for the Production of LEDs and Power Devices | Sanken Electric Co.,Ltd. (6707) timely disclosure | Komori