Client Sector
US BASED Automotive semiconductors / Smart surface HMI manufacturer
The Engagement
A US-based semiconductor company producing ShyTech ultrasound-based smart surface HMI modules for automotive cabins engaged Massoni to deliver a full SIP-compliant feasibility study for a Riyadh manufacturing facility. The study supported the company’s bid to establish a KSA manufacturing hub supplying national OEMs and global export markets, qualifying for the Saudi Incentives Program (SIP) under Batch 02 Automotive.
Key Outputs
- Comprehensive SIP-compliant feasibility study covering all 10 MIM requirement chapters
- SAR 32M CAPEX plan across two manufacturing lines (IMSE panels + SMT assembly and test)
- SAR 13.9M SIP grant application, around 35% of eligible CAPEX
- 15-year integrated financial model
- Saudization roadmap from 16% (pilot year) to 75% at full ramp
