The Wall Street Journal reported on July 21 that Volkswagen's software subsidiary CARIAD has reached an agreement with STMicroelectronics to develop chips for Volkswagen's next-generation cars. The German automaker is working to ensure the supply of automotive chips in the next few years amid a chip shortage.
The two companies said in a joint statement on Wednesday that the cooperation is aimed at future new Volkswagen vehicles and is based on a unified, scalable software platform. TSMC will manufacture system-on-chip wafers for STMicroelectronics.
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