Supplier of advanced semiconductor solutions, Renesas Electronics Corporation (TSE: 6723) enters a strategic partnership with Tata Motors Ltd (TML) and Tejas Networks Ltd, both Tata Group companies, on the design, development and manufacturing of Renesas’ semiconductor solutions for enhancing innovation across electronics systems for the Indian and emerging markets.
Renesas has recently announced the next-generation EV Innovation Center (NEVIC) jointly established along with Tata Group’s Tata Elxsi in March 2022.
The two companies have collaborated to develop next-generation automotive electronics to drive leadership performance and scalability for vehicles. Renesas brings its deep expertise in semiconductor technology. This partnership with TML will accelerate the development of electric and connected vehicles to further enhance TML’s per-eminence and market-leading position. These companies will further explore non-exclusive partnership on emerging technologies such as ADAS to address evolving customers’ aspirations.
Renesas will collaborate with Tejas for implementing next-generation wireless network solutions, including design and development of semiconductor solutions for radio units (RU) used in telecom networks, from 4G, 5G to open radio access network (O-RAN). The products and solutions will be rolled out initially for India and further expand its footprint in the global markets.
Additionally, Renesas and Tata Consultancy Services Limited (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.
“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,” said Natarajan Chandrasekaran, Chairman, Tata Sons.
“This partnership brings two industry-leading companies closer together, creating numerous benefits,” said Hidetoshi Shibata, President and CEO at Renesas. “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.”
