SPEL Semiconductor Limited, India’s first & only Semiconductor IC Assembly & Test Company is surging ahead on its growth path. Announcing its unaudited results, SPEL reported sales of Rs.139.24 million (23% growth compared to same quarter last year) with PAT of Rs.11.52 million (65% growth compared to same quarter last year). This has helped the homegrown chip Company further sustain its growth while focusing on expansion.

The recently introduced state–of-the-art LMP package has considerably increased SPEL’s attractiveness globally. With its current capacity completely sold-out, SPEL is now further expanding in this package, while also to introducing 2 new package in the same family.

With the now increasing Government support for semiconductor manufacturing in India, SPEL is currently on a $286 million growth plan spread over the next 5 years. SPEL’s current capacity is over 252 Million per annum. Apart from this, SPEL will also be packaging & testing “Camera modules” for mobile phones.

Being the only the semiconductor IC Assembly & Test Company in India, SPEL has been successful in presenting a proven track record. With over 27 Customers to its credit, SPEL is surging ahead managed by an experienced Management, nearly 600 dedicated Employees, excellent vendor relations and an excellent profitability track record (in comparison to its overseas competitors). SPEL ICs are used globally in consumer electronic applications (such as Cell Phones, PDAs & Digital Cameras), Desktop PCs, Notebook Computers & Automobiles.