Foxconn-Stellantis JV SiliconAuto sets up Bengaluru R&D unit

Foxconn-backed automotive technology firm SiliconAuto has opened a research and development facility in Bengaluru.

The center will serve as a key hub for advanced research and development (R&D), semiconductor product design, and development of system on a chip (SOC) technology.

“The new R&D center is poised to accelerate the company’s innovative capabilities in the development of cutting-edge automotive technologies and solutions for the automotive industry, including Stellantis,” V. Lee, Foxconn representative in India said in a post on LinkedIn.

SiliconAuto is a joint venture formed by the Netherlands-based Stellantis NV and Hon Hai Technology Group, or Foxconn. It offers auto industry-centric semiconductors for the growing number of computer-controlled features and modules, particularly those needed for electric vehicles.

Set up in 1974 in Taiwan, Hon Hai Technology Group is the world’s largest electronics manufacturer, ranking in the top 20 among the Fortune Global 500.

The group’s market share in electronics manufacturing services exceeds 40% and covers four segments: smart consumer electronics; cloud and networking; computing; and components and others.

It operates 173 campuses across 24 countries and is one of the world’s largest employers with over a million employees during peak manufacturing season.

Stellantis is one of the world’s leading automakers and a mobility provider. It owns 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Jeep, Lancia, and Leasys.