Spel Semiconductor Ltd (SSL) (earlier known as Spic Electronics and Systems Ltd) was incorporated as a private limited company in Dec.'84 and thereafter converted into a public limited company in Mar.'86. It was promoted by Southern Petrochemical Industries (SPIC). SSL went public in Aug.'88 to part-finance the cost of setting up a sophisticated electronic project for manufacture of computer tapes, diskettes, jumbo rolls and integrated circuits. The company entered into a technical collaboration with Computer Resources, US, for a magnetic media project to produce computer tapes and floppy discs. The company received the ISO 9002 certificate for integrated circuit packing operations. _x000D_ _x000D_ On 1st Nov'95, the company was converted into 100% EOU under Electronics Hardware Technology Park scheme. Through this, it can concentrate more on exporting its products to the world._x000D_ _x000D_ The company is planning to add 56 pin and 80 pin ICs in the coming years. With the increased capacity and additional types, the company is in a position to face the demand of ICs types._x000D_ _x000D_ During 2000-01 under review, the company has secured the renewal of Licence to operate as 100% Export Oriented Unit (EOU) under the Electronic Hardware Technology Park (EHTP) Scheme for a period upto December' 2004. M/s Pericom Semi Conductor, USA has qualified the company for 40, 48 and 80 pin devices. A new 8 pin single in-line IC Pakcage was developed and supplied to a new Customer._x000D_