HCLTech Partners With Rapidus for Semiconductor R&D 

Mumbai, October 26: HCLTech has partnered with Japan-based Rapidus Corporation to support next-generation semiconductor engineering, with two development centres inaugurated in Bengaluru and Hubli. HCLTech shares were trading at ₹1,412.10, down 0.71%, on Monday. 

The centres will support Rapidus’ semiconductor engineering requirements as the Japanese company works to develop and manufacture advanced logic semiconductors. 

HCLTech to Support Chip Design and Engineering 

Under the collaboration, HCLTech will provide semiconductor engineering services covering mask design, design infrastructure, process design kit development, design technology co-optimisation and layout design. 

The companies will also work together to develop a pipeline of Indian engineering talent to meet Rapidus’ future workforce requirements in Japan. 

The partnership aims to combine HCLTech’s engineering capabilities with Rapidus’ semiconductor development plans. It is also expected to strengthen technical collaboration between the two companies and support the development of specialised semiconductor engineering expertise. 

The announcement did not disclose the financial value of the partnership. 

Stock Market Snapshot 

The HCLTech share price was trading 0.71% lower at ₹1,412.10 on Monday, October 26, 2026, compared with the previous close of ₹1,422.20. The stock opened at ₹1,392. 

The shares remained lower during the session despite the partnership announcement. The price movement alone does not establish whether the development influenced trading. 

About HCLTech 

HCLTech is a global technology company providing services across engineering, software, cloud, artificial intelligence, digital transformation and semiconductor technologies. It operates across multiple industries and serves clients worldwide. 

Conclusion 

The Rapidus partnership expands HCLTech’s involvement in semiconductor engineering and creates development capabilities in India to support chip design and R&D requirements. The companies have not disclosed the agreement’s financial value.  

Source: 

• https://www.nseindia.com/get-quote/equity/HCLTECH/HCL-Technologies-Limited 
• https://nsearchives.nseindia.com/corporate/HCLTECH_26102026123553_Release26October2026.pdf