Vedanta Appoints International Semiconductor Business Veteran David Reed As CEO Of New Enterprise

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Vedanta as we speak introduced the appointment of David Reed because the Chief Govt Officer of its semiconductor enterprise. He can be answerable for establishing a state-of-the-art semiconductor fab unit and semiconductor assembling and testing unit.

David Reed

A 35-year veteran within the semiconductor business, David’s intensive worldwide expertise consists of institution of an entire semiconductor ecosystem with world execution of wafer fabrication, analysis and growth, meeting and testing, complete high quality administration and packaging, and provide chain administration. In a profession spanning a number of geographies akin to Germany, Japan, Singapore, the U.S., Italy and the Philippines, he has established a popularity for rising the enterprise, rising revenues, delivering shareholder values, executing joint ventures and constructing successful groups. David has served on a number of boards, crafting the expansion and revenue methods of expertise majors.

David was previously with NXP Semiconductors, the place he was Govt Vice President and Basic Supervisor of worldwide operations. He moved to NXP as a part of the merger with Freescale Semiconductor, the place he had served as Senior Vice President for manufacturing operations. Beforehand, David was Vice President and Basic Supervisor at GlobalFoundries. He started his profession at Texas Devices in 1984, the place he served for 26 years in quite a lot of management roles the world over. He obtained his undergraduate diploma from Austin Faculty, an undergraduate diploma in Chemical Engineering from Texas A&M College and an MBA from the College of Dallas.

“We’re delighted to welcome David Reed to Vedanta,” stated Anil Agarwal, Chairman, Vedanta. “He has performed a pivotal position in shaping all the world semiconductor business. His experience and expertise can be an asset as we embark upon this essential journey with Foxconn to assist create a sustainable home digital manufacturing ecosystem in India, in keeping with Prime Minister Narendra Modi’s imaginative and prescient of an AatmaNirbhar Bharat.”

Talking on his appointment, David Reed stated, “This enterprise is a watershed growth for the worldwide semiconductor business, and I’m excited to be a part of it. I sit up for main a various crew of extremely gifted and dedicated professionals and can work alongside them to deliver this historic undertaking to fruition.”

In September 2022, Vedanta signed an MoU with Gujarat authorities to arrange India’s first
semiconductor fab unit, a show fab unit, and a semiconductor assembling and testing unit within the state.

Vedanta has lately signed MoUs with 30 Japanese corporations for growth of India’s
semiconductor and show glass manufacturing ecosystem. Vedanta group firm AvanStrate Inc. is a pioneer within the growth and manufacture of LCD glass substrates utilized in televisions, computer systems, cell phone, and automotive shows. Headquartered in Tokyo, the corporate has operations in Korea and Taiwan.


 

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