Taipei, Nov 19 (CNA) Taiwan-based manufacturing giant Hon Hai Industry Precision Co. has decided to set up a semiconductor design center in an intelligent industrial park in Taiwan’s most populous city, New Taipei, as part of its efforts to develop electric vehicles (EVs).
IPhone assembler Hon Hai, also known as Foxconn in the world, announced the opening of a semiconductor design center in Baogao Science and Intellectual Park, Xindian District, to develop software used in autonomous driving, intelligent connectivity and intelligent cabs for the production of electric vehicles.
In an initial phase, Hon Hai announced that it would hire no less than 250 software engineers for the semiconductor design center as part of its three-year recruiting program of 1,000 people for research and development. semiconductors.
Market analysts said Hon Hai is expected to build an electric vehicle cluster in New Taipei by taking advantage of the new investment in Xindian Industrial Park.
The industrial park is close to Foxtron Vehicle Technologies Co., a joint venture between Hon Hai and Taiwanese automaker Yulon Group to promote the development of electric vehicles.
Through the joint venture, Hon Hai promotes an open MIH platform, as the company aims to build it as “the Android of the electric car industry” as part of its efforts to enter the market. world of electric vehicles.
According to the Economic Development Department of the New Taipei Government, Hon Hai was among six companies that won a bid to enter Xindian Intelligent Industrial Park, and the six are expected to bring in around NT $ 1.6 billion (57, $ 55 million) in investments. .
The department said the city government will soon sign agreements with the six companies for their investments, and the companies are expected to begin operations in the 4.2-hectare industrial park in three months.
The department added that it had no immediate information on how much Hon Hai will pay into its new R&D site before signing the contract with the company.
According to the department, Hon Hai will use Baogao Industrial Park as a base for the development of next-generation intelligent electric vehicles.
In recent years, Hon Hai has stepped up efforts to complete its ‘3 plus 3’ initiative, designed to diversify its product line, increase profit margins, and transform itself from a simple contract electronics manufacturer into a business. able to integrate its hardware and software strength.
The “3 plus 3” initiative refers to three emerging industries – electric vehicles, robotics and digital healthcare – which are being developed through the application of artificial intelligence, semiconductors and communication technologies. Electric vehicles have become the essential part of the initiative.
Hon Hai has its own 8-inch wafer lab and acquired a 6-inch wafer factory from Macronix International Co. in August. The newly acquired plant is expected to go into production in the first half of 2022.
On October 18, Hon Hai unveiled three self-developed electric vehicle models – the Model C sport utility vehicle, the Model E flagship passenger car and the Model T electric bus – Foxtron.
SUVs based on the Model C prototype will hit the market no earlier than 2023, and passenger cars based on the Model E, which was jointly developed with Italian car designer Pininfarina, will follow, according to Hon Hai Liu chairman. Young-way (劉揚 偉).