Memorandum of Understanding extends long-term partnership from industrial to automotive applications
Munich, Germany and Taipei, Taiwan – 21 March 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), global leader in automotive semiconductors, and Delta Electronics, Inc., the world-leading power and energy management company based in Taiwan, are expanding their long-term cooperation from industrial to automotive applications. Today, both companies signed a Memorandum of Understanding that will deepen their joint innovation activities to provide more efficient and higher-density solutions for the fast-growing market of electric vehicles (EV). The agreement covers a wide range of components such as high-voltage and low-voltage discretes and modules as well as microcontrollers to be used in EV drivetrain applications such as traction inverters, DC-DC converters and on-board chargers.
In addition, both parties agreed to set up a joint innovation lab for automotive applications. The Delta-Infineon Automotive Innovation Center will be co-managed by both companies. It is scheduled to be set up in Pingzhen, Taiwan in the second half of 2023.
“Infineon and Delta share the common goal of developing increasingly energy-efficient and CO 2-saving solutions that support global decarbonization efforts,” said Peter Schiefer, President of Infineon’s Automotive division. “We want to further advance the energy efficiency of electromobility together by combining Infineon’s comprehensive automotive product portfolio and application know-how with Delta’s expertise in integration and system optimization. Ensuring the energy efficiency of automotive applications is of paramount importance in our time and we are committed to further improving it.”
“Infineon is a trusted partner of Delta. Over the past 25 years we have successfully collaborated in the area of industrial products. We are now looking forward to extending this partnership to electromobility,” said James Tang, Corporate Vice President of Delta Electronics. “We see a growing demand in the automotive industry for innovative, clean and energy-efficient solutions. Together with Infineon, we are committed to support the global transition to electromobility with our products and solutions and to bring electromobility to a whole new level.”
