L&T Semiconductor Technologies plans China entry, eyes $1 bn revenue

On being asked whether the company would look at public listing, Kumar said it would consider that once it approached $500 million, which could be achieved in two to three years

L&T Semiconductor Technologies (LTSCT), the semiconductor arm of the L&T group, is evaluating the idea of entering the Chinese market by next financial year — the market where it will not only make chips but also sell them to Chinese companies, said Chief Executive Officer Sandeep Kumar in an exclusive interaction with Business Standard.  

“For a while, we have been looking at going into China. The plan is to study the matter by the end of the year and then decide. If there’s a positive outcome, we will start next financial year; we will set up