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.
RUN IT BACK: A succesful first project working with hyperscalers to design chips encouraged MediaTek to start a second project, aiming to hit stride in 2028 MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it is engaging a second hyperscaler to help design artificial intelligence (AI) accelerators used in data centers following a similar project expected to generate revenue streams soon. The first AI accelerator project is to bring in US$1 billion revenue next year and several billion US dollars more in 2027, MediaTek chief executive officer Rick Tsai (蔡力行) told a virtual investor conference yesterday. The second AI accelerator project is expected to contribute to revenue beginning in 2028, Tsai said. MediaTek yesterday raised its revenue forecast for the global AI accelerator used
TEMPORARY TRUCE: China has made concessions to ease rare earth trade controls, among others, while Washington holds fire on a 100% tariff on all Chinese goods China is effectively suspending implementation of additional export controls on rare earth metals and terminating investigations targeting US companies in the semiconductor supply chain, the White House announced. The White House on Saturday issued a fact sheet outlining some details of the trade pact agreed to earlier in the week by US President Donald Trump and Chinese President Xi Jinping (習近平) that aimed to ease tensions between the world’s two largest economies. Under the deal, China is to issue general licenses valid for exports of rare earths, gallium, germanium, antimony and graphite “for the benefit of US end users and their suppliers
Dutch chipmaker Nexperia BV’s China unit yesterday said that it had established sufficient inventories of finished goods and works-in-progress, and that its supply chain remained secure and stable after its parent halted wafer supplies. The Dutch company suspended supplies of wafers to its Chinese assembly plant a week ago, calling it “a direct consequence of the local management’s recent failure to comply with the agreed contractual payment terms,” Reuters reported on Friday last week. Its China unit called Nexperia’s suspension “unilateral” and “extremely irresponsible,” adding that the Dutch parent’s claim about contractual payment was “misleading and highly deceptive,” according to a statement
Artificial intelligence (AI) giant Nvidia Corp’s most advanced chips would be reserved for US companies and kept out of China and other countries, US President Donald Trump said. During an interview that aired on Sunday on CBS’ 60 Minutes program and in comments to reporters aboard Air Force One, Trump said only US customers should have access to the top-end Blackwell chips offered by Nvidia, the world’s most valuable company by market capitalization. “The most advanced, we will not let anybody have them other than the United States,” he told CBS, echoing remarks made earlier to reporters as he returned to Washington
RSS