Global engineering and technology major Cyient has officially launched Cyient Semiconductors, a wholly-owned subsidiary focused on Application-Specific Integrated Circuits (ASICs) design and turnkey semiconductor solutions. This move aims to meet the rapidly growing global demand for specialized semiconductor design and manufacturing services.
Key Focus Areas
End-to-End ASIC Turnkey Services
Cyient Semiconductors will offer complete ASICs design-to-silicon services, targeting high-growth industries such as:
- Industrial automation
- Data centers
- Automotive electronics
- Medical technology
Fabless Semiconductor Design
The subsidiary will operate as a fabless semiconductor company, enabling agility in chip design without owning a fabrication plant—critical for accelerating time-to-market and cost efficiency.
Global Talent, Local Vision
International Presence with Strong Indian Roots
Cyient Semiconductors plans to scale its operations using high-performance teams based in:
- India
- United States
- Germany
- Belgium
- The Netherlands
- Taiwan
This aligns with India’s ambition to become a global semiconductor hub under its Semicon India Programme.
Leadership and Vision
Suman Narayan Appointed as CEO
Industry veteran Suman Narayan has been named CEO of Cyient Semiconductors. He brings over 20 years of leadership experience in the semiconductor industry, with notable stints at Texas Instruments and ON Semiconductor.
“Our goal is to support India’s semiconductor mission while delivering next-generation IC solutions that power the world’s technology ecosystems.”
— Suman Narayan, CEO, Cyient Semiconductors
Strategic Market Opportunity
Tapping into a $1 Trillion Opportunity
The global semiconductor market, currently valued at $600 billion, is projected to grow to over $1 trillion by 2030. India alone is aiming to reach $100 billion in semiconductor revenue in the coming years.
Cyient Semiconductors is positioned to capture this growth through:
- Deep domain expertise
- IP-led innovation
- Strong customer partnerships
Legacy of Semiconductor Excellence
Building on Past Acquisitions and Collaborations
Cyient has steadily invested in semiconductor capabilities through:
- Acquisition of AnSem N.V. in 2018, a fabless ASIC design company
- Partnership with Allegro MicroSystems to develop automotive-grade magnetic sensors and power semiconductors
The launch of Cyient Semiconductors marks a major milestone in Cyient’s journey to become a key global player in semiconductor innovation. By blending Indian engineering talent with global reach, Cyient is not just entering the semiconductor race—it’s helping lead it.