What L&T Semiconductor Technologies does

L&T Semiconductor Technologies Limited (LTSCT) is a fabless semiconductor product company incorporated in 2023 as a wholly-owned subsidiary of Larsen & Toubro Limited, headquartered in Bengaluru, India. The company designs wide-bandgap power devices (Silicon Carbide and Gallium Nitride), analog ICs, power management ICs, compute solutions including Vision SoC for ADAS, and cellular IoT communication modules. Underlying technology spans SiC and GaN power devices, chiplet-based architectures, advanced packaging solutions, and AI-accelerated EDA design flows licensed from Synopsys and Cadence. The portfolio is organized into four core product lines — Analog ICs, Compute Solutions, Power Management ICs, and Communication Modules — supported by an intellectual property base of 60+ patent filings.

The company operates a direct enterprise sales model with 50+ active customer engagements across automotive OEMs and Tier-1 suppliers, solar inverter and energy storage companies, data center operators, and industrial automation customers, with CP PLUS (Aditya Infotech) named as a customer for surveillance silicon. Geographic distribution is roughly 40% India, 30% Europe, 15% Japan, and 15% United States, supported by offices in Bengaluru, Noida, Chennai, Austin, Munich, and Tokyo. Revenue is not publicly disclosed; the CEO has stated meaningful revenue is approximately two years away given typical three-year design-to-production cycles, with a stated target of USD 1 billion in four to five years. Pricing is bespoke, quote-based, multi-year enterprise contracting with no published tiers.

Strategic activity in 2025-2026 has been intense and includes the acquisition of Fujitsu General Electronics of Japan's power module design assets, entry into imec's Automotive Chiplet Program, a Master Services Agreement with Newen Systems for SiC power modules, multi-year Synopsys AI-enabled EDA licensing, a RISC-V IP licensing master agreement with Andes Technology, entry into the Cellular IoT Module business at CES 2026 (with the LCC40 module rolled out at MWC 2026), and a five-year MoU with L&T-Vyoma and BharatGen Technology Foundation to architect custom AI ASIC and xPU silicon for India's Sovereign AI compute platform. LTSCT has 14+ active certifications in process or alignment across ISO, IATF 16949, ISO 26262, AEC-Q100/Q101/Q104, ASPICE, and AQG-324, supporting automotive-grade design credibility.

Name

L&T Semiconductor Technologies

Legal name

L&T Semiconductor Technologies Limited

Website

https://www.ltsct.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

251–500 employees

Short description

L&T Semiconductor Technologies is a Bengaluru-headquartered fabless semiconductor product company — wholly owned by Larsen & Toubro — that designs wide-bandgap (SiC and GaN) power devices, analog ICs, power management ICs, compute SoCs, and cellular IoT modules for automotive, industrial, energy, and surveillance customers across India, Europe, Japan, and the US.

Ownership category

akta.pro rank

Product category

Semiconductor Products (Power and Analog ICs)

NAICS

Semiconductor and Related Device Manufacturing (334413), Other Communications Equipment Manufacturing (33429)

SIC

Semiconductors & Related Devices (3674), Communications Equipment, Nec (3669)

akta.pro primary industry

Power Modules (IGBT/MOSFET/SiC/GaN Modules) (HDAHAHAH)

akta.pro secondary industry

Wide-Bandgap Power Devices (SiC/GaN Discretes) (HDAHAHAG)

Keywords

• Fabless semiconductor design
• Wide-bandgap semiconductors
• Power management ICs
• Automotive semiconductors
• Industrial IoT modules

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Semiconductor Product Sales: Sale of proprietary semiconductor chips and power modules (SiC and GaN based) to automotive, industrial, and energy customers. Hardware sales model with custom product development cycles. CEO has stated meaningful revenue is approximately two years away, given the typical three-year product design-to-production cycle.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

L&T Semiconductor Technologies (LTSCT) is a fabless semiconductor product company that designs and sells proprietary analog ICs, compute SoCs, power management ICs, wide-bandgap SiC/GaN power modules and discrete devices, and cellular IoT connectivity modules for automotive, industrial, energy, and surveillance OEMs. Its portfolio spans silicon carbide and gallium nitride power devices, USB-C power delivery, battery management ICs, intelligent power modules, vision SoCs for ADAS, and LTE Cat 1bis IoT modules.

Product overview

L&T Semiconductor Technologies (LTSCT) is India's largest semiconductor product company offering a unified platform-plus-modules architecture. The portfolio spans four core product lines: (1) Analog ICs including motor controllers and integrated BLDC solutions for precision control; (2) Compute Solutions featuring Vision SoC for ADAS and autonomous driving; (3) Power Management ICs encompassing USB-C Power Delivery, Battery Management ICs, PMICs, Power Modules & Discrete, Intelligent Power Modules (IPM), Bidirectional DC-DC Controllers, Gate Drivers, and Smart Actuator Drivers; and (4) Communication Modules including the SAC20 Smart Module with secure OTA capability and LCC40 Connectivity Module for cellular IoT. These products work together to serve the Energy, Industrial, and Mobility sectors with semiconductor solutions for power management, sensing, and data processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Analog ICs (Motor Controllers and Integrated BLDC Solutions) High-precision analog ICs that drive efficiency, speed, and system stability across industries, including motor controllers and integrated BLDC solutions for automotive, industrial, and consumer applications.
• Compute Solutions (Vision SoC for ADAS) Intelligent compute platforms with multi-core performance and real-time processing for edge systems, including Vision SoC for ADAS and autonomous driving applications targeted at automotive Tier-1s and OEMs.
• Power Management ICs (USB-C PD, BMS, PMICs, Gate Drivers, Smart Actuator Drivers, Bidirectional DC-DC Controllers) Efficient, scalable power management ICs for charging, conversion, and energy management including USB-C Power Delivery, Battery Management ICs, PMICs, Gate Drivers, Smart Actuator Drivers, and Bidirectional DC-DC Controllers for consumer electronics, industrial, and automotive applications.
• Power Modules and Discrete Devices (SiC, Si MOSFET/IGBT, Intelligent Power Modules) High-performance power electronics products spanning discrete components including MOSFETs, IGBTs, and SiC devices, plus integrated Intelligent Power Modules (IPMs) and Power Integrated Modules (PIMs) for power conversion and motor drive systems in automotive, industrial, and energy applications.
• Communication Modules (SAC20 Smart Module and LCC40 Connectivity Module) Secure, high-performance cellular connectivity and smart modules for global IoT and M2M markets, including the SAC20 Smart Module with secure OTA update capability for POS, vending machines, industrial handhelds, and surveillance cameras, and the LCC40 LTE Cat 1bis connectivity module compliant with 3GPP Release 14.
• MEMS, RF and Sensor ICs Miniaturized, high-performance MEMS, RF and sensor ICs enabling smart sensing, wireless communication, and control for various applications including automotive, industrial, and IoT systems.

Quantifiable outcome

• 60% reduction in energy losses compared to conventional silicon-based power devices
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

15 partnerships are on record, tiered core, flagship, adjacent and minor.

• Synopsys Inc.coreTechnology or Integration · 1 May 2026Multi-year license agreement for AI-enabled simulation software supporting semiconductor design and verification workflows. Enables accelerated design cycles for SiC and GaN power devices and chiplet architectures.
• imeccoreStrategic or Co-development Partner · 1 April 2026Collaboration under imec's Automotive Chiplet Program for development of chiplet-based semiconductor solutions targeting automotive applications including EV powertrain and ADAS systems.
• Newen SystemscoreStrategic or Co-development Partner · 1 April 2026Master Services Agreement for Silicon Carbide (SiC) power module development and manufacturing. Newen Systems provides module design and manufacturing expertise for LTSCT's SiC power device portfolio.
• BharatGen Technology FoundationflagshipStrategic or Co-development Partner · 1 April 2026MoU for development of a Sovereign AI compute platform in India. LTSCT contributes semiconductor hardware capabilities to support the platform's computing infrastructure requirements.
• L&T-VyomaflagshipStrategic or Co-development Partner · 1 April 2026Collaboration with L&T-Vyoma on the Sovereign AI platform initiative. LTSCT provides semiconductor and hardware capabilities as part of the joint sovereign AI compute infrastructure development.
• Andes TechnologycoreOEM/ Whitelabel/ Licensing Partner · 1 January 2026Strategic IP Licensing Master Agreement covering processor IP for embedded semiconductor applications. Enables LTSCT to integrate Andes CPU cores into its semiconductor product offerings.
• Hon Young SemiconductorcoreStrategic or Co-development Partner · 1 October 2025Long-term Silicon Carbide (SiC) wafer development partnership. Collaboration on SiC wafer technology and supply chain development for LTSCT's power semiconductor product line.
• CP PLUS (Aditya Infotech)adjacentStrategic or Co-development Partner · 1 October 2025Partnership for next-generation IP camera semiconductor solutions. LTSCT provides specialized semiconductor components for advanced surveillance camera systems developed by CP PLUS.
• Fujitsu General Electronics of JapancoreOEM/ Whitelabel/ Licensing Partner · 1 September 2025Acquisition of power module design assets from Fujitsu General Electronics of Japan. Expands LTSCT's power module design portfolio and accelerates time-to-market for industrial and automotive power module products.
• Indian Institute of Science (IISc)coreStrategic or Co-development Partner · 1 September 2025Strategic MoU for establishment of a 2D Innovation Hub at IISc. Joint research initiative focused on 2D materials and graphene-based semiconductor technologies for next-generation electronic devices.
• C-DAC (Centre for Development of Advanced Computing)coreStrategic or Co-development Partner · 1 September 2025Partnership on semiconductor design initiatives leveraging C-DAC's HPC and processor design expertise. Collaboration supports development of India-made semiconductor IP and design frameworks.
• IIT GuwahatiminorStrategic or Co-development Partner · 1 September 2025Academic partnership for talent development through the iRISE (IIT Roorkee iRISE, extended to multiple IITs) program. Collaboration with engineering institutes to develop semiconductor design talent pipeline.
• IIT BombayminorStrategic or Co-development Partner · 1 September 2025Academic partnership for talent development through the iRISE program. Collaboration for semiconductor design curriculum and research talent development.
• BITS PilaniminorStrategic or Co-development Partner · 1 September 2025Academic partnership for talent development through the iRISE program. Collaboration for semiconductor design education and research.
• Marubun CorporationminorGTM or Marketing Partner · 1 September 2025MoU for market research support in Japan. Marubun provides market intelligence and business development support to assist LTSCT's entry and expansion in the Japanese semiconductor market.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Quectel: Global leader in cellular IoT and smart modules — directly comparable to LTSCT's SAC20 and LCC40 module business and the primary competitive threat in that line.
• Navitas Semiconductor: Fabless GaN power IC company focused on high-efficiency power conversion for consumer, mobile, solar and data center applications — a direct fabless peer in wide-bandgap power.
• Wolfspeed: Pure-play SiC power semiconductor company (devices and modules) targeting EV, industrial and energy customers — directly comparable to LTSCT's SiC power module and discrete SiC roadmap.

Emerging players

• Mindgrove Technologies: India-based fabless semiconductor company designing RISC-V SoCs and microcontrollers for Indian OEMs — most direct India fabless peer at smaller scale, with overlapping domestic GTM.
• Power Integrations: Fabless supplier of high-voltage power conversion ICs with growing GaN exposure; comparable as a fabless power-semi specialist addressing energy and industrial markets.

Broad incumbents

• Infineon Technologies: Global market leader in power semiconductors including SiC and IGBT, with deep automotive and industrial OEM relationships — the incumbent LTSCT must displace in EV and factory automation designs.
• ON Semiconductor (onsemi): Major supplier of SiC power devices, IGBTs, and Intelligent Power Modules to automotive and industrial customers — directly competes with LTSCT's IPM and SiC discrete products.
• STMicroelectronics: Leading SiC MOSFET and power module supplier for EV traction and industrial drives; a broad incumbent whose silicon portfolio overlaps almost entirely with LTSCT's power management and discrete offerings.
• ROHM Semiconductor: Japanese power semiconductor leader with strong SiC and IGBT portfolio in EV and industrial; overlaps with LTSCT's automotive/industrial focus and Japan go-to-market.
• Renesas Electronics: Automotive MCU and analog leader that has expanded aggressively into SiC power and connectivity, competing with LTSCT across automotive compute and power management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/@LTSCTOfficial
• LinkedInlinkedin.com/company/lt-semiconductor-technologies

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about L&T Semiconductor Technologies