Himax and Nexchip partnering to address growing global automotive display market
Date: 03/11/2023
Himax Technologies recently declared that it has signed a Memorandum of Understanding (MOU) for Strategic Cooperation with Nexchip Semiconductor Corporation, a semiconductor foundry based in China. The MOU aims to cater to the increasing demand for ICs for the automotive display market. Chen Ping-Po, Executive Vice President of Automotive Display and Touch Operation Unit at Himax, signed the MOU on behalf of the Company during Nexchip's new factory inauguration ceremony in Hefei, China.
The partnership between Himax and Nexchip in the automotive sector signifies a significant advancement, building upon their successful collaboration in the realm of consumer electronic products over the past few years. This collaboration serves as a testament to Himax's strategy of diversifying its foundry supply to cater to the thriving automotive market, thereby solidifying its position within the industry. Moreover, it highlights the unwavering commitment of both parties towards the automotive market, particularly in China, in the forthcoming years.As the demand for displays in smart cockpits continues to grow and evolve, driven by the development of electric vehicles and automobile intelligence, Himax plays a pivotal role in enabling various features such as large-size, high-resolution, narrow bezel, curved, and touch integration displays. With its esteemed reputation as a leader in the automotive display IC market, Himax offers the most extensive range of products in the industry, encompassing traditional DDIC as well as cutting-edge technologies like TDDI, local dimming Tcon, LTDI, and AMOLED. This comprehensive product portfolio positions Himax as the preferred provider of automotive display solutions, offering customers a convenient one-stop-shop experience.
“Nexchip has been a crucial and trusted strategic partner for Himax for several years. Entering this strategic alliance in automotive highlights Himax’s unwavering dedication to broadening our supply chain to enhance capacity management and cost optimization, while also enabling us to solidify the prospects of our automotive businesses moving forward,” said Chen Ping-Po, Executive Vice President of Automotive Display and Touch Operation Unit at Himax.
For more information visit:www.himax.com.tw
