Infineon Technologies AG yesterday signed a memorandum of understanding with Delta Electronics Inc (台達電) to extend their partnership to automotive applications by providing more efficient and higher-density solutions for electric vehicles (EVs).
Delta, based in Taipei’s Neihu District (內湖), has been collaborating with Infineon in industrial products for the past 25 years.
The new cooperation covers a wide range of components such as microcontrollers, and high and low-voltage modules, the companies said in a statement.
Photo: Ann Wang, Reuters
The components are to be used in EV drivetrain applications such as traction inverters, DC-DC converters and onboard chargers, the statement said.
In addition, both parties agreed to create a joint innovation lab to be named the Delta-Infineon Automotive Innovation Center in Taoyuan’s Pingzhen District (平鎮) in the second half of this year. The center would be managed by both companies.
“We want to further advance the energy efficiency of electromobility together by combining Infineon’s comprehensive automotive product portfolio and application know-how with Delta’s expertise in integration and system optimization,” Peter Schiefer, president of Infineon’s Automotive division, said in the statement.
“Ensuring the energy efficiency of automotive applications is of paramount importance in our time and we are committed to further improving it,” Schiefer said.
“We are now looking forward to extending this partnership to electromobility,” Delta vice president James Tang (唐修平) said. “We see growing demand in the automotive industry for innovative, clean and energy-efficient solutions. Together with Infineon, we are committed to support the global transition to electromobility with our products and solutions, and to bring electromobility to a whole new level.”
Delta last month told investors it expected strong growth momentum in its EV component business this year and forecast that its EV business would turn a profit for the first time this year, 15 years after it tapped into the market.
Delta counts major automakers from the US, Europe and Japan among its customers, including Ford Motor Co.
The company is aiming to seize 15 percent of the global market for EV-related components and piles by 2030, compared with about 8 percent last year, Delta founder Bruce Cheng (鄭崇華) said in November last year.
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
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
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
RSS