The "Tianjin FAW-Isfa Semiconductor Automotive Electronics Application Joint Laboratory" jointly established by STMicroelectronics and Tianjin FAW Xiali Automobile Co., Ltd. was officially listed.
According to industry analyst firm iSuppli, the output value of electronic systems will double in 2011 to reach 18.4 billion US dollars. By then, the output value of semiconductor components that constitute automotive electronic systems in China's automotive electronics market is expected to be the base in 2006. The number has nearly doubled to $2.8 billion. Through the establishment of the joint laboratory, STMicroelectronics and Tianjin FAW Xiali Automobile Co., Ltd. will strengthen technical cooperation and exchanges in the field of automotive electronics, development and matching of powertrain electronic control products, new energy vehicle powertrain control and Joint research and development in the fields of vehicle information entertainment electronics. The joint laboratory will provide advanced products and solutions for Tianjin FAW and related companies.
It is understood that the research and development results of the joint laboratory are expected to be widely applied to the models manufactured by Tianjin FAW after two to three years of maturity, and the localization rate of auto parts will be improved while reducing the manufacturing cost of the whole vehicle. The development of the domestic low-end automotive market.
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