Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors

Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors

SUMMARY

The R&D centre will focus on the development of semiconductor solutions for EVs, autonomous driving and connected car technologies

Foxconn's India representative V Lee said that the centre will serve as a key hub for advanced R&D, semiconductor product design, and SoC development

A joint venture between electronics manufacturing major Foxconn and auto giant Stellantis, SiliconAuto was set up in 2023 to cater to the semiconductor needs of the two companies

Amid the ongoing semiconductor buzz in India, SiliconAuto, a joint venture between electronics manufacturing major Foxconn and auto giant Stellantis, has set up a semiconductor research and development (R&D) centre in Bengaluru. 

As per news agency PTI, the centre will focus on the development of semiconductor solutions for electric vehicles, autonomous driving, and connected car technologies.

In a post on LinkedIn, Foxconn’s India representative V Lee announced the launch of the India design centre. Lee said that the facility will serve as a key hub for advanced R&D, semiconductor product design, and system-on-a-chip (SoC) development. 

“Our India team is set to drive forward our vision of a smarter and safer future for transportation. Bangalore, with its rich talent pool and thriving tech ecosystem, is the perfect location for our new design centre,” SiliconAuto’s CEO Gene Liu told PTI. 

SiliconAuto was set up in 2023 to cater to the future semiconductor needs of Stellantis, Foxconn and other companies. The company offers semiconductors solutions such as edge computing unit (ECU), advanced driver assistance system (ADAS) applications, among others. 

This will be the Netherlands headquartered company’s second R&D centre globally, besides its existing one in Taiwanese. 

This comes as the Centre has pulled all stops to develop an overarching semiconductor ecosystem in the country. Recently, Prime Minister Narendra Modi said that India is taking all necessary measures to become a semiconductor powerhouse. 

Earlier this year, the Centre said that it has set up a special reserve fund with an outlay of INR 1 Lakh Cr to drive innovation in the semiconductor as well as science and technology sectors. 

Meanwhile, during PM Modi’s visit to the US, it was announced that the countries will together set up a semiconductor fabrication plant in Kolkata, with focus on advanced sensing, communication and power electronics.

Besides, the Centre also aims to launch three to four major products in the semiconductor space in the coming years, union railways and electronics and IT minister Ashwini Vaishnaw previously said.

Owing to the positive regulatory stance and sops offered by the Centre, a host of global giants are making a beeline to India to set up a unit in the country. Earlier this month, Dutch semiconductor design company NXP said that it will invest more than $1 Bn in India over the next few years. Besides, Micron is also setting up a semiconductor facility in Gujarat.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors-Inc42 Media
Foxconn-Backed SiliconAuto Sets Up R&D Centre In Bengaluru To Develop Auto Semiconductors-Inc42 Media
You’re in Good company