According to news on June 20, today, Stellantis Group and Hon Hai Technology Group jointly announced that the two parties will form a joint venture company SiliconAuto in a 50:50 ratio. It is expected that starting in 2026, the joint venture will provide a range of state-of-the-art automotive semiconductor design and sales services to automotive industry customers, including Stellantis Group.
It is reported that SiliconAuto's headquarters will be located in the Netherlands, and Stellantis and Hon Hai will jointly form a management team. Stellantis will provide SiliconAuto with relevant technologies required for the performance delivery of future electric vehicles and various new energy vehicle platforms.
It is understood that the establishment of this joint venture is a major development after the Stellantis Group and Hon Hai Group signed a memorandum of understanding on establishing a cooperative relationship in the field of automotive semiconductors in December 2021. In addition, the two parties also have a joint venture project, Mobile Drive, which mainly develops smart cockpits that can provide consumer electronics functions, human-computer interaction interfaces and services.
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