Taisys Boost To India’s Semiconductor Scene; Taiwan-Based Company To Invest $100 Million
Taisys, a Taiwan-based company, is set to make a significant impact on India’s semiconductor scene with a massive investment of $100 million in its Indian subsidiary. This move aims to drive crucial chip design initiatives focused on advancing the automotive industry, a pivotal sector in India’s economy.
The automotive industry in India is currently undergoing a technological transformation, with various players contributing to the evolution of electric vehicles (EVs) and internal combustion engine (ICE) vehicles. Taisys’ investment in its Indian subsidiary is strategically positioned to address the challenges in the distributed E/E architecture and the intricate link between multiple hardware and software technologies.
Abhishek Saxena, the Managing Director of Taisys India, underscores the company’s commitment to serving over 150 OEMs and ODMs in the Indian automotive sector. By leveraging Taiwan’s technological prowess and India’s regulatory strengths, Taisys aims to play a crucial role in shaping the automotive intelligence sector.
Chairman Jason Ho, a seasoned professional in semiconductors and enterprise solutions, is spearheading the introduction of the innovative ‘Design Your Own OneChip(tm) Concept.’ This semiconductor design platform aims to revolutionize the traditional supply chain for chips, catering to the growing demand in India’s automotive industry.
The ‘OneChip(tm)’ platform promises reduced overall investment in chip design and Bill of Materials (BoM) costs, leading to a leaner supply chain and enhanced efficiency for OEMs. With a focus on advanced driver assistance systems, digital cockpits, and the overall vehicle operating system, Taisys’ tailored chip development approach holds immense potential for driving innovation and customization in the automotive sector.
By bridging India’s talent with Taiwan’s IC infrastructure, Taisys is paving the way for self-sufficiency in chip development, aligning with India’s vision of becoming a global hub for designing and producing cutting-edge vehicles. With a projected market value of $55 billion by 2026, India’s semiconductor sector is poised for significant growth, and Taisys’ strategic investment aims to streamline integration processes for automotive manufacturers, contributing to the nation’s automotive ambitions.
