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Home Manufacturing

Manufacturing: Taisys to set up $100m chip plant for Indian automotive industry

Fiinews by Fiinews
February 23, 2024
in Manufacturing
Reading Time: 3 mins read
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Saxena highlights Taisys’ commitment to serving over 150 OEMs-ODMs

Taisys, headquartered in Taiwan is strategizing a US$100 million investment in its Indian subsidiary to spearhead crucial chip design initiatives aimed at advancing the automotive industry.

Rated as the world’s fourth-largest, India’s automotive industry is poised to play a crucial role in the nation’s GDP. Projected to grow from 7.3% in 2023 to an impressive 10% by 2035, the industry is expected to reach a remarkable US$600 billion during the same period, Taisys said on 22 Feb 2024.

The automotive sector is undergoing a technological transformation across various facets such as product development, sales, servicing, charging infrastructure, financing, and more.

This shift is driven by diverse players, including software, IC design, cloud analytics, AI and telecom, contributing to the evolution of electric vehicles (EVs) and internal combustion engine (ICE) vehicles, said Taisys India, a leading technology company pioneering connectivity and mobility solutions in India.

Taisys operates as a pivotal link between Taiwan and India, capitalizing on Taiwan’s technological dominance (accounting for over 60% of global semiconductors) and India’s demographic and regulatory strengths, Abhishek Saxena, the Managing Director of Taisys India.

Saxena also highlighted Taisys’ commitment to serving over 150 Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) in the Indian automotive sector.

This strategic role positions Taisys at the forefront of the automotive intelligence sector, introducing the innovative ‘Design Your Own OneChip™ Concept’, added Chairman Jason Ho.

With decades of experience in semiconductors and enterprise solutions, Ho is poised to make a significant impact on the Indian automobile industry.

Taisys introduces “OneChip™,” a semiconductor design platform to reshape traditional semiconductor supply chain for the fast-growing demand of automotive industry in India.

This design platform addresses challenges in the distributed E/E architecture and the intricate link between multiple hardware and software technologies by accessing IC design supply chain resources in Taiwan, such as:

•  IP portfolio

•  Design service (From Spec-in, RTL-in, Netlist-in, to APR)

•  Design Tape-Out (Both MPW and full mask)

•  Foundry wafer allocation

•  Advanced packaging

•  ISO 26262 design review and consultant

•  Other customized special service

This program will bridge India’s talent to use Taiwan IC infrastructure to help build up India’s own solution in an effective way with local development center in order to create powerful agility to meet the diversified chip requirements with security.

OneChip™ is revolutionary in promising reduced overall investment of chip design and Bill of Materials (BoM) costs, smaller inventories, a single point of contact, and an overall leaner supply chain. Its reduced physical footprint allows for flexible applications, promoting innovation and customization for OEMs in designing Advanced Driver Assistance Systems (ADAS), digital cockpit, and the overall Vehicle Operating System.

Utilizing the cutting-edge System-on-Chip (SoC) design capability, as well as the ASIC design services offered meticulously to meet specific system requirements, Taisys’s tailored chip development approach holds the potential for significant improvements in efficiency, reliability and functionality in automated driving systems with committed supply with advanced foundry capacity from Taiwan.

India’s semiconductor sector is earmarked for growth, with a projected market value of US$55 billion by 2026. Taisys aims to streamline the integration process for automotive manufacturers with a one stop solution, contributing to India’s vision of becoming a global hub for designing, developing, and producing universally appealing vehicles. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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