Taisys, headquartered in Taiwan, is planning a significant USD 100 million investment in its Indian subsidiary to drive key chip design initiatives aimed at advancing the automotive industry. With its base in India, Taisys is a pioneering technology company leading the way in connectivity and mobility solutions within the country.
India’s automotive industry ranked as the fourth-largest globally, is anticipated to become a cornerstone of the nation’s GDP growth. Predicted to expand from 7.3 per cent in 2023 to an impressive 10 per cent by 2035, the industry is forecast to soar to USD 600 billion within the same timeframe.
Undergoing a technological revolution, the automotive sector is witnessing transformations in various domains, including product development, sales, servicing, and charging infrastructure. Diverse players in software, IC design, cloud analytics, AI, and telecom are contributing to the evolution of electric and internal combustion engine vehicles.
Abhishek Saxena, Managing Director of Taisys India, underscores Taisys’ dedication to serving over 150 OEMs and ODMs in India’s automotive sector. Leveraging Taiwan’s technological prowess and India’s demographic and regulatory strengths, Taisys plays a crucial role as a link between the two countries. This strategic positioning places Taisys at the forefront of automotive intelligence, introducing the innovative ‘Design Your Own OneChip™ Concept.’
Chairman Jason Ho, with extensive experience in semiconductors and enterprise solutions, is set to make a significant impact on India’s automobile industry.
Taisys introduces “OneChip™,” a semiconductor design platform aimed at revolutionising the traditional semiconductor supply chain to meet the rapidly growing demands of India’s automotive industry. This platform addresses challenges in distributed E/E architecture and the intricate link between multiple hardware and software technologies.
OneChip™ promises reduced overall investment in chip design, smaller inventories, and a leaner supply chain, ultimately leading to improved efficiency, reliability, and functionality in automated driving systems. With a committed supply and advanced foundry capacity from Taiwan, Taisys aims to streamline the integration process for automotive manufacturers, contributing to India’s vision of becoming a global hub for vehicle design and production.