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The Silicon Review Asia

Tata Motors collaborate with Renesas Electronic Corps to develop semi-conductors

Tata Motors collaborate with Renesas Electronic Corps to develop semi-conductors

Renesas will work with Tata group firm Tejas Networks to design products for India

The Japanese tech company Renesas Electronics Corp and India's Tata Motors have formed a strategic partnership to design and develop semiconductor solutions. This is in the wake of a persistent global shortage of semiconductor chips that have affected the automotive and electronics industries. This has resulted in production cutbacks and also increased dependence on countries like Taiwan. Renesas will team up with Tata Motors, India's biggest manufacturer of electric cars, to develop "next-generation automotive electronics" to propel the growth of electric and connected vehicles, the companies said in a statement. Areas of collaboration identified by the two firms include a non-exclusive partnership on emerging automotive technologies, such as advanced driver-assistance systems (ADAS) and wireless network solutions, including 5G.

Renesas will work with Tata group firm Tejas Networks to design products first destined for India and eventually cater to global markets. India is among the countries competing to subsidize the domestic construction of factories that produce semiconductors and displays in an effort to minimize supply risks. Its plan for $10 billion in incentives has lured applications from firms such as a joint venture between domestic conglomerate Vedanta and Taiwan's Foxconn, and Singapore's IGSS Ventures. Oil-to-metals giant Vedanta plans to invest $20 billion for two units for chip and display manufacturing, while jeweler Rajesh Exports will invest $3 billion in an electronic display plant. India expects the domestic chip market to reach $63 billion by 2026 from $15 billion in 2020.

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