These same semiconductors will be utilized within the Foxconn EV ecosystem as Foxconn continues to extend its capabilities in electric vehicle manufacturing
Dutch automaker Stellantis has signed an MoU with Taiwan’s Foxconn to design and sell flexible semiconductors to support the automotive industry.
Carlos Tavares, Stellantis CEO said that under this partnership, the company aims to create four new families of chips that will cover over 80 per cent of Stellantis’ semiconductor needs, which will help to significantly modernize its components, reduce complexity, and simplify the supply chain.
“This will also boost our ability to innovate faster and build products and services at a rapid pace,” he added.
The collaboration will support Stellantis’ initiatives to reduce semiconductor complexity, design an all-new family of purpose-built semiconductors to support Stellantis vehicles, and provide capabilities and flexibility in this area of growing importance as vehicles become increasingly software-defined, the company said in an official statement.
The partnership will leverage Foxconn’s domain know-how, development capabilities, and supply chain in the semiconductor industry, as well as Stellantis’ expansive automotive expertise and significant scale as a lead customer for the enterprise.
These same semiconductors will be utilized within the Foxconn EV ecosystem as Foxconn continues to extend its capabilities in electric vehicle manufacturing.
This is the second collaboration between Stellantis and Foxconn. In May, the companies announced the Mobile Drive joint venture aimed at developing smart cockpit solutions enabled by advanced consumer electronics, HMI interfaces and services that will exceed customer expectations.
“As a leading global technology company, Foxconn has the depth of experience in manufacturing semiconductors and software – two key components in the production of electric vehicles. We look forward to sharing this expertise with Stellantis and together tackle the long-term supply chain shortages, as we continue with the expansion into the electric vehicle market,” said Young Liu, Chairman & CEO of Foxconn Technology Group.