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De Core to set up Rs 900-cr unit for LEDs

Source : BUSINESS_STANDARD
Last Updated: Thu, Mar 25, 2010 02:20 hrs

In a bid to cash in on the potential rise in demand for Blu-ray discs, De Core Nanosemiconductors Ltd, a subsidiary of De Core Science & Technologies Ltd, plans to manufacture Blu-ray lasers from its upcoming nano semiconductor chip plant for lighting systems at Gandhinagar at a later stage.

The company is also eyeing the LED-LCD TV and high frequency electronics segment for its semiconductor chips.

To be commissioned next year, the unit is being set up at an investment of Rs 900 crore and expected to bear a capacity of 400 million small chips, to be used mostly for LED luminaires.

"The Gandhinagar plant will not only come out with semiconductor chips for lighting systems, but we are also planning to manufacture Blu-ray laser technology in the near future," said Deepak Loomba, managing director and chief executive officer, De Core Nanosemiconductors Ltd, adding the plant would also manufacture LED luminaires, apart from chips. According to Loomba, the semiconductor chips are required to manufacture LED-based energy-efficient lamps.



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