Foxconn has developed multiple partnerships as it scales up its semiconductor and EV businesses. The company recently announced a collaboration with US-based semiconductor company Analog Devices (ADI). The pair signed an MoU about jointly developing a new-generation digital cockpit platform and high-performance battery management system.
ADI was the fourth company that Foxconn has partnered with in the EV segment. In 2022, Foxconn started to work with NXP on platforms for next-generation smart connected vehicles. At the beginning of this year, it partnered with Nvidia to develop self-driving EVs.
Foxconn also signed an MoU with Infineon in May 2023 to establish a vehicle system application center in Taiwan. A month later, the company started a joint venture with Stellantis called SiliconAuto, focusing on designing and selling new-generation automotive ICs.
Foxconn chairman Young Liu said the company has seen the challenges the automotive industry faces and its potential to innovate. That is why Foxconn is actively building an ecosystem with international partners to offer customers the best solutions and catch business opportunities together.
Industry sources said as cars and vehicles become more connected, autonomous, shared, and electric (CASE), the demand for semiconductors will be mostly driven by the electrical/electronic architecture (EEA), in-vehicle infotainment system (IVI), advanced driver assistance system (ADAS) and battery power management.
Foxconn can secure the market demand and supply through collaborations with NXP, ADI, Infineon and other companies. It will also learn the function and features that a next-generation product should offer from the market's feedback and start to design it.
Foxconn has signed cooperation agreements with several semiconductor companies specializing in different fields. For example, ADI focuses on digital cockpit experience and power management, while NXP emphasizes EEA, safety and connectivity. Infineon and Nvidia have advantages in power management and autonomous driving, respectively.
Industry sources said Foxconn can get the latest information about applications and market demand rapidly with various partnerships. The company aims to replicate the business model of Component Module Move in the ICT industry to the electric car and vehicle market. It can build a model centering around the design of components and modules, consolidating engineering service, small volume production, mass production as well as global manufacturing and delivery.
Article translated by Peng Chen
