Chip industry veteran David Reed is CEO of new Vedanta biz | Azad Times

1 month ago 33
Google News-EN Google News-KN Telegram Facebook

Azad Times News Desk.

Mumbai: Global natural resources and technology conglomerate Vedanta on Monday appointed David Reed as the Chief Executive Officer (CEO) of its semiconductor business.

He will be responsible for setting up a state-of-the-art semiconductor fab unit and semiconductor assembling and testing unit, the company said in a statement.

Reed was formerly with NXP Semiconductors, where he was Executive Vice President and General Manager of global operations.

“He has played a pivotal role in shaping the entire global semiconductor industry. His expertise and experience will be an asset as we embark upon this critical journey with Foxconn to help create a sustainable domestic electronic manufacturing ecosystem in India,” said Anil Agarwal, Chairman, Vedanta.

A 35-year veteran in the semiconductor industry, Reed’s extensive international experience includes establishment of a complete semiconductor ecosystem with global execution of wafer fabrication, research and development, assembly and testing, total quality management and packaging, and supply chain management.

Reed began his career at Texas Instruments in 1984, where he served for 26 years in a variety of leadership roles across the world.

“This venture is a watershed development for the global semiconductor industry, and I am excited to be part of it. I look forward to leading a diverse team of highly talented and committed professionals and will work alongside them to bring this historic project to fruition,” said Reed.

In September 2022, Vedanta signed an MoU with the Gujarat government to set up India’s first semiconductor fab unit, a display fab unit, and a semiconductor assembling and testing unit in the state.

Vedanta in collaboration with Taiwanese manufacturing giant Foxconn is all set to manufacture semiconductors on Indian soil with the $19.5 billion pact for such plants in Gujarat.

Vedanta has recently signed MoUs with 30 Japanese companies for development of India’s semiconductor and display glass manufacturing ecosystem.

Read more:

Vedanta brings solutions for sustainable growth, green eco

Vedanta Jharsuguda’s first rake consignment of fly-ash to cement industry.

Vedanta Aluminium launches High-Speed Billets for extrusion industry

ADS delisting for simplification, Indian bourses provide adequate liquidity: Vedanta

Vedanta’s consolidated Q1FY22 net profit zooms to Rs 4,280 cr

Google News-EN Google News-KN Telegram Facebook
HTML smaller font

Azad Times.

Disclaimer: This story is auto-aggregated by a Syndicated Feed and has not been created or edited By Azad Times Staff.

This is the title of the web page
This is the title of the web page