Hon Hai Precision Industry Co (鴻海精密) on Tuesday said that more than 400 firms have joined its platform for electric vehicles (EVs) that is open to outside developers.
The company’s promotion of the platform, dubbed the MIH Open Platform, has attracted more than 400 participants to collaborate on resolving potential bottlenecks in the development of the emerging technology, Hon Hai chief technology officer William Wei (魏國章) told an economic forum in Taipei.
Hon Hai in February last year announced a joint venture with automaker Yulon Group (裕隆集團) to manufacture EVs in two years’ time.
Photo: CNA
Under the venture, Yulon subsidiary Hua-chuang Automobile Information Technical Center (華創車電) is focusing on vehicle design and use of the MIH Open Platform, which would provide hardware and software to other EV developers.
Hon Hai reported that it is investing NT$7.94 billion (US$279.43 million) for a 51 percent stake in the venture, while Yulon is investing NT$7.63 billion for a 49 percent stake, with its funds being spent on the open platform.
The venture integrates Hon Hai’s device design and manufacturing expertise to accelerate EV development, the company said.
Supervising the development of the open platform, Wei said that he envisions building the “Android of the EV industry,” adding that it would ensure timely applications and security.
The platform would first work on the “EV kit,” or drive-by-wire technology for EV and component developers, Wei said, adding that platform participants would discuss establishing standards for EV specifications.
The company is also working on a solid-state battery for EVs, which is to be released in 2024, Wei said.
Hon Hai in January last year said that it was planning a 50-50 venture with Italian-American automaker Fiat Chrysler Automobiles NV to manufacture EVs and expand into the Internet-of-Vehicles market.
Hon Hai said that it aims to have a 10 percent share of the global EV market by 2025 to 2027.
As it plans to produce EVs, Apple Inc is looking to Hon Hai to provide components, including the chassis, given its efforts in EV development, industrial sources said on Tuesday.
Hon Hai’s flat-panel subsidiary, Innulux Corp (群創), has started to supply screens to Tesla Inc, the sources said.
Hon Hai founder Terry Gou (郭台銘) has previously said that the group supplies more than 100 components for Tesla’s EVs.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
AI-FUELED DEMAND: The company has been benefiting from the skyrocketing prices for DRAM chips amid the AI frenzy, especially its core product — DDR4 DRAM chips DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday reported that its revenue for the first quarter surged 582.91 percent to NT$49.09 billion (US$1.54 billion) from NT$7.19 billion a year earlier, as the supply crunch caused chip price spikes. Last quarter’s figure is the highest on record. On a quarterly basis, revenue jumped 63.14 percent from NT$30.09 billion, the company said. In January, Nanya Technology expected global DRAM supply scarcity to continue through the first half of 2028, thanks to strong demand for artificial intelligence (AI) applications. Market researcher TrendForce Corp (集邦科技) forecast prices of standard DRAM chips would rise between 58 percent and 63
HIGHER PRICES: Given rising energy costs, CPC raised natural gas prices for generators by 41.58%, which Taipower said would raise its power generation costs by NT$10 billion State-run CPC Corp, Taiwan (CPC, 台灣中油) has activated its fourth naphtha cracker to boost ethylene supply, aiming to ease concerns over plastic material shortages amid tensions in the Middle East, the Ministry of Economic Affairs said yesterday. The move is expected to add 19,000 tonnes of supply this month and 30,000 tonnes next month, Deputy Minister of Economic Affairs Ho Chin-tsang (何晉滄) said at a meeting of the legislature’s Economics Committee in Taipei. CPC on Tuesday held talks with major polyethylene producers, including Formosa Plastics Corp (台塑), Asia Polymer Corp (亞聚) and USI Corp (台聚), and pledged to supply ethylene feedstock