India’s Tata Technologies Ltd has become the latest member of Hon Hai Precision Industry Co’s (鴻海精密) MIH Open Platform to jointly develop sustainable mobility solutions for customers worldwide, the Taiwanese company said yesterday.
It might include embedded and electrical, electric platform development and battery management system solutions, among others, Hon Hai said.
Tata Technologies’ participation marks more progress in Hon Hai’s efforts to expand its electric-vehicle (EV) ecosystem through the MIH platform, it said.
Photo: RITCHIE B. TONGO, EPA-EFE
The open platform has about 2,380 members around the world, with an aim to jointly develop EV ecosystems and shrink the time to market for products.
Hon Hai made the announcement on Facebook and posted photographs, with one showing MIH Consortium chief executive officer Jack Cheng (鄭顯聰) shaking hands with Tata Technologies CEO Warren Harris.
Hon Hai signed the contract with Tata Technologies to join the platform at the Indian company’s office in Detroit, Michigan.
Hon Hai said it is on track to ship its first microprocessors and other chips used in EVs by 2024.
The company would supply chips for its EV customers and for original electronic manufacturers, said Gene Liu (劉錦勳), vice president of Hon Hai’s SoC Design Center.
Liu declined to comment on the company’s progress in collaboration with Stellantis NV on new vehicle chips.
Hon Hai has set a three-year goal to boost its revenue from EVs and related components to NT$1 trillion (US$33.69 billion), and for EV shipments to reach 500,000 to 750,000 units a year in 2025.
The company this year is to make electric light-duty trucks for Lordstown Motors Corp, which is based in Ohio, and produce EVs for Fisker Inc in the fourth quarter next year.
CHIP RACE: Three years of overbroad export controls drove foreign competitors to pursue their own AI chips, and ‘cost US taxpayers billions of dollars,’ Nvidia said China has figured out the US strategy for allowing it to buy Nvidia Corp’s H200s and is rejecting the artificial intelligence (AI) chip in favor of domestically developed semiconductors, White House AI adviser David Sacks said, citing news reports. US President Donald Trump on Monday said that he would allow shipments of Nvidia’s H200 chips to China, part of an administration effort backed by Sacks to challenge Chinese tech champions such as Huawei Technologies Co (華為) by bringing US competition to their home market. On Friday, Sacks signaled that he was uncertain about whether that approach would work. “They’re rejecting our chips,” Sacks
Taiwan’s long-term economic competitiveness will hinge not only on national champions like Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) but also on the widespread adoption of artificial intelligence (AI) and other emerging technologies, a US-based scholar has said. At a lecture in Taipei on Tuesday, Jeffrey Ding, assistant professor of political science at the George Washington University and author of "Technology and the Rise of Great Powers," argued that historical experience shows that general-purpose technologies (GPTs) — such as electricity, computers and now AI — shape long-term economic advantages through their diffusion across the broader economy. "What really matters is not who pioneers
BUBBLE? Only a handful of companies are seeing rapid revenue growth and higher valuations, and it is not enough to call the AI trend a transformation, an analyst said Artificial intelligence (AI) is entering a more challenging phase next year as companies move beyond experimentation and begin demanding clear financial returns from a technology that has delivered big gains to only a small group of early adopters, PricewaterhouseCoopers (PwC) Taiwan said yesterday. Most organizations have been able to justify AI investments through cost recovery or modest efficiency gains, but few have achieved meaningful revenue growth or long-term competitive advantage, the consultancy said in its 2026 AI Business Predictions report. This growing performance gap is forcing executives to reconsider how AI is deployed across their organizations, it said. “Many companies
China Vanke Co (萬科), China’s last major developer to have so far avoided default amid an unprecedented property crisis, has been left with little time to keep debt failure at bay after creditors spurned its proposal to push back a looming bond payment. Once China’s biggest homebuilder by sales, Vanke failed to obtain sufficient support for its plan to delay paying the 2 billion yuan (US$283.51 million) note due today, a filing to the National Association of Financial Market Institutional Investors showed late on Saturday. The proposal, along with two others on the ballot, would have allowed a one-year extension. All three
RSS