Taiwan-based manufacturing giant Hon Hai Industry Precision Co (鴻海精密) is to establish a semiconductor design center in a “smart” industrial park in New Taipei City as part of its effort to develop electric vehicles (EV).
Hon Hai, also known as Foxconn (富士康) globally, said it plans to open a semiconductor design center in the Baogao Science and Intellectual Park in the city’s Sindian District (新店) to develop software used in self-driving, smart connectivity and smart cabins for EV production.
The iPhone assembler said it would hire 250 software engineers for the semiconductor design center in the initial phase of its three-year 1,000-person recruitment program for research and development.
Market analysts said they expect Hon Hai to build an EV cluster in New Taipei City by taking advantage of the new investment in the industrial park.
The industrial park is close to Foxtron Vehicle Technologies Co (鴻華先進), a joint venture between Hon Hai and Taiwanese automaker Yulon Group (裕隆集團) to push for EV development.
Through the venture, Hon Hai is promoting an MIH Open Platform, as the company aims for it to be the “Android of the electric car industry” in its efforts to penetrate the global EV market.
Hon Hai was among six companies that won bids to enter the Sindian industrial park, which together are expected to attract about NT$1.6 billion (US$57.48 million) in investments, the New Taipei City Economic Development Department said.
The department said the city would soon sign agreements with the companies, with an expected start of operations in the 4.2 hectare industrial park in three months.
The department added that it would not know how much Hon Hai plans to spend on its new site before the contract is signed.
Hon Hai will use the Baogao industrial park as a base for next generation smart EV development, the department said.
Hon Hai has in the past few years intensified efforts to carry out its “3 plus 3” initiative, designed to diversify its product offerings, boost profit margins and transform from a contract electronics manufacturer into a company that can integrate its hardware and software strengths.
INVENTORY DOUBLED: Key parts have backed up in warehouses, halting notebook production, as Acer’s CEO said that a gradual reopening would not solve the problem PC vendor Acer Inc (宏碁) yesterday said that lockdowns in China to control COVID-19 upended key component supply and disrupted PC production, although chip shortages have been improving. While chip supply constraints largely eased in the first quarter, the company faces uneven supplies of key components due to COVID-19 restrictions in China, Acer chairman and CEO Jason Chen (陳俊聖) told an online news conference. “Semiconductor shortage was the biggest problem in the first half of last year,” Chen said. “Now, we are beset by a supply chain issue caused by China's lockdowns.” With key components unable to be delivered and backing up in
MORE THAN BUZZ: The chip designer said it has received numerous orders from automakers to supply 5G modem chips, as it works to expand beyond smartphones MediaTek Inc (聯發科) yesterday said it would ship the first 5G chips for vehicles to customers in the Asia-Pacific region by the end of the year, as it moves to expand the reach of its 5G chips beyond smartphones. The Hsinchu-based chip designer said it has been developing 5G chips for connected vehicles over the past few years, targeting applications such as telematics and in-vehicle information systems. “We are seeing demand for 5G technology from numerous makers of connected cars, including electric vehicle makers. We have obtained numerous orders from automakers to supply 5G modem chips with highly integrated features,” J.C. Hsu
E Ink Holdings Inc (元太科技) yesterday said it would further expand capacity to cope with robust demand for e-paper displays used in e-readers, e-notes and electronic shelf labels, as the COVID-19 pandemic and rising inflation have not dampened consumer demand. Although rising inflation is weakening companies’ purchasing power, E Ink said that its customers have not scaled down orders for e-paper displays used in e-readers. “Reading is still the most affordable leisure activity that people have,” E Ink CEO Johnson Lee (李政昊) told an online investors’ conference in Taipei. As e-books are less expensive than paper books, “we have so far not seen
Covestro Taiwan Ltd (台灣科思創) yesterday launched a new research and development center that is to specialize in resin synthesis and fiberoptic coating after its parent company, Covestro AG, acquired a resins business from Royal DSM, it said. The German company in September 2020 agreed to buy the resins and functional materials business from Royal DSM for about 1.61 billion euros (US$1.69 billion), corporate data showed. The Dutch company’s local units, such as Covestro Resins (ROA) Ltd (帝昇) and Covestro Resins (Taiwan) Ltd (新力美), are next month to be integrated into Covestro Taiwan Ltd, with their employees continuing resins development, Covestro Taiwan said. The