Chip designer Arm has more than doubled revenue at its automotive business since 2020 as the UK-headquartered company seeks new avenues for growth ahead of a hotly anticipated public listing this year. Dennis Laudick, vice-president of automotive go-to-market at Arm, said the pace of the segment’s growth — to power everything from electrification to advanced driver assistance systems (ADAS) and in-vehicle “infotainment” — had been faster than its other divisions such as smartphones and data centres. Arm’s total revenues grew 35 per cent in 2022 to £2.7bn. Read More...
The Wall Street Journal
Nvidia, Foxconn Partner on Electric Vehicles
Graphics chip maker Nvidia is partnering with electronics-component maker Foxconn Technology Group on electric vehicles, as both tech companies continue to push into the booming market. The two companies on Tuesday announced the partnership, where Foxconn, a contract manufacturer best known for its work on Apple products, would produce electronic control units based on Nvidia’s Drive Orin system-on-a-chip, the central computer for intelligent vehicles. Foxconn, formally known as Hon Hai Precision Industry Co., said that its manufactured electric vehicles will use Nvidia’s electronic control units and sensors that enable highly automated driving.
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