Renesas Electronics partners with Tata Motors for chip solutions, Auto News, ET Auto
New Delhi: Renesas Electronics Corporation, a supplier of semiconductor solutions, on Wednesday announced a partnership with Tata Motors and Tejas Network, both Tata Group companies, on the design, development and manufacturing of Renesas’ semiconductor solutions.
According to the company, these joint endeavors extend the companies’ long standing relationship as technology and business partners, including the recently announced next-generation EV Innovation Center (NEVIC) jointly established by Renesas and Tata Group’s Tata Elxsi in March 2022.
Natarajan Chandrasekaran, Chairman, Tata Sons said, “We see great potential in collaborating with Renesas in areas like automotive electronics and present and future telecom networks. The collaboration will accelerate our presence in these areas in India as well as globally.”
Hidetoshi Shibata, President and CEO at Renesas said, “This partnership brings two industry leading companies closer together, creating numerous benefits.”
“Renesas and Tata will support the acceleration of progress in advanced electronics and its multitudes of applications for the Indian and emerging markets, which sets us both on a path for continued success,” he said.
To effectively address evolving customers’ aspirations, Renesas and TML will explore a non-exclusive partnership on emerging technologies such as ADAS.
Additionally, Renesas and Tata Consultancy Services (TCS), a company of Tata Group, will partner by establishing a Joint System Solution Development Center in Bangalore.
“The planned innovation center will focus on comprehensive system solutions for the IoT, Infrastructure, Industrial and Automotive segments by leveraging Renesas’ semiconductor solutions and TCS’ industry experience,” it said.