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Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) shares are trading higher Tuesday. The move follows a major manufacturing milestone in India.
Inauguration of Sanand OSAT Facility
AOSL marked a historic footprint expansion on Tuesday. The company officially inaugurated Kaynes Semicon’s OSAT facility in Sanand, Gujarat. Indian Prime Minister Narendra Modi attended the ceremony. This facility represents a implementation of the AOS proprietary IPM5 manufacturing process.
IPM5 Production Commences
The facility has started high-volume production of Intelligent Power Module (IPM5) products. These modules integrate 17 different dies into one package. They …
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