For chips made for connected and autonomous vehicles, the chipmaker said the tie-up will allow it to scale efforts to meet growing demand
To develop autonomous vehicle platforms, chipmaker Nvidia Corp and electronics manufacturer Foxconn announced a partnership.
For cars based on Nvidia’s DRIVE Orin chip made specifically for computing in connected and autonomous vehicles, Taiwanese contract manufacturer Foxconn said it will manufacture electronic control units (ECUs).
The ECUs will serve the global automotive market, Foxconn said.
In recent years, companies developing electric and autonomous cars have struggled to bring products to the market as they grapple with rising costs and difficulties in ramping up production.
Nvidia said its technology, which includes chips to process information from sensors in real time, will help Foxconn overcome some of those challenges.
In the automotive sector, it sees a market opportunity of $300 billion and reported revenue of $251 million in the third quarter from the segment.
For chips made for connected and autonomous vehicles, the chipmaker said the tie-up will allow it to scale efforts to meet growing demand.
Foxconn, which operates a vehicle manufacturing facility in Ohio, said its vehicles will contain ECUs based on DRIVE Orin and Nvidia’s DRIVE Hyperion sensors for autonomous driving.
Taiwan-based Foxconn makes electric vehicles for Lordstown Motors Corp and has a contract to make Fisker Inc’s second car model, PEAR. It also manufactures Apple Inc products.
The company said in October it hopes to eventually make cars for Tesla Inc as it ramps up electric vehicle manufacturing to diversify its business.
Also read: Technology is a field with fast evolutions
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics
