Hon Hai Precision Industry Co (鴻海精密) on Wednesday said it is deepening its partnerships with automotive chip supplier NXP Semiconductors NV to adopt more chips and technologies in its next generation of electric vehicle (EV) development.
Hon Hai said it has adopted NXP chips in its first electric sedan, dubbed Model C, and plans to use more chips in two new electric models to be unveiled in October.
Hon Hai said it would ramp up production of the Model C in Taiwan in the first half of next year.
Photo: Fang Wei-jie, Taipei Times
Hon Hai’s EVs are developed by Foxtron Vehicles Technologies Co (鴻華先進), a joint venture between Hon Hai and Yulon Motor Co (裕隆汽車).
Hon Hai, the world’s largest iPhone maker, on Wednesday signed a memorandum of understanding with NXP Semiconductors to jointly develop platforms for a new generation of smart-connected vehicles.
The strategic partnership is to involve a broad suite of applications that includes more than 10 automotive products in its first stage, and is soon to begin development, the company said. That is different from NXP’s cooperation with Foxconn Industrial Internet Co Ltd (富士康工業互聯網) in developing smart cockpit solutions.
The collaboration between Hon Hai and NXP is also to include next-generation platforms such as cybersecurity, connectivity using the latest NXP S32 domain, and vehicle networking control, while also advancing secure car access with Bluetooth Low Energy and ultra-wideband, Hon Hai and NXP said in a joint statement.
NXP has also joined the MIH electric vehicle platform, an open platform initiated by Hon Hai.
Hon Hai aims to duplicate Taiwan’s success in the electronics sector in its efforts to build EVs, by swiftly integrating new technologies to introduce new hardware and other products, Hon Hai chief product officer Jerry Hsiao (蕭才祐) told reporters on the sidelines of a news conference in Taipei on Wednesday.
“The cooperation with NXP will allow us to engage in the development of new technologies and new solutions in the early stage of the collaboration, leading to shorter time-to-market,’ Hsiao said.
Such partnerships are crucial in developing next-generation vehicles, given that an open ecosystem significantly reduces manufacturing costs and shrinks time to market, he said.
That is different from conventional practice in the auto industry, where automakers operate their own closed supply chains, he added.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
‘IMMENSE SWAY’: The top 50 companies, based on market cap, shape everything from technology to consumer trends, advisory firm Visual Capitalist said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was ranked the 10th-most valuable company globally this year, market information advisory firm Visual Capitalist said. TSMC sat on a market cap of about US$915 billion as of Monday last week, making it the 10th-most valuable company in the world and No. 1 in Asia, the publisher said in its “50 Most Valuable Companies in the World” list. Visual Capitalist described TSMC as the world’s largest dedicated semiconductor foundry operator that rolls out chips for major tech names such as US consumer electronics brand Apple Inc, and artificial intelligence (AI) chip designers Nvidia Corp and Advanced
RSS