Volkswagen, STMicroelectronics to Co-Develop Chips for Next Generation of Vehicles
July 20 2022 - 8:55AM
Dow Jones News
By Mauro Orru
Volkswagen AG's software unit CARIAD and STMicroelectronics NV
struck an agreement to develop chips for Volkswagen's next
generation of vehicles, as the German car maker moves to secure
supplies for years to come amid a shortage of semiconductors.
The companies said in a joint statement Wednesday that the
partnership is aimed at new Volkswagen vehicles based on a unified
and scalable software platform.
Taiwan Semiconductor Manufacturing Co., the world's largest
contract chip maker, will manufacture system-on-chip wafers for
STMicroelectronics.
"With the planned direct cooperation with ST and TSMC, we are
actively shaping our entire semiconductor supply chain. We're
ensuring the production of the exact chips we need for our cars and
securing the supply of critical microchips for years to come," said
Murat Aksel, Volkswagen Board Member for Purchasing.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 20, 2022 08:40 ET (12:40 GMT)
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