Suyin Optronics partners with Syska and Biometronic to start operations in India
Syska, in partnership with Biometronic (Singapore) and Suyin Optronics (Taiwan), will set up India’s first camera module factory. The factory will be setup in Noida with the total investment of $30 million (approx Rs 200 crores) for this project which will be utilized in three phases. The camera module factory has been set up with the aim to serve the growing demands of localizing and manufacturing of electronic components.
Suyin Optronics will manufacture camera modules for mobile phones, automotive industry (Rear view camera), medical, security industry (CCTV) and defense industry (Drones). The factory will have a clean room for an installed production capacity of 5 million pieces per month and an expansion plan to set up the first COB (chip-on-board) plant for image sensors with an installed capacity of 10 million pieces per month. A Center of Excellence (COE) will also be set-up to enable indigenous design and development capability which will constitute a collaborative effort with the industry to develop solutions for optical, mechanical and sensor packaging throughputs.
With the aim to support Indian government’s initiative of Make in India, this is reportedly for the first time that a camera module factory is being set up in India by a global player. Interestingly, the government has recently given a nod to legalize drones in India and this gives Suyin Optronics an added advantage to manufacture drone cameras in India. Syska Group has 49 per cent stake in the company whereas Biometronic has 41per cent stake and Suyin Optronics has 10 per cent stake in the new entity.