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AI chipmaker Nvidia has announced a partnership with Taiwanese electronics manufacturer Foxconn to build autonomous vehicle platforms at the Consumer Electronic Show (CES) 2023.
Foxconn will manufacture electronic control units (ECUs) for cars based on Nvidia’s DRIVE Orin chip and DRIVE Hyperion sensors for self-driving vehicles. The chip is made specifically for computing in connected autonomous vehicles. Nvidia estimates a $300 billion market opportunity in the automobile industry, where it generated $251 million in revenue in the third quarter.
Nvidia strives to use its technology to aid Foxconn in overcoming shortcomings like upgrading production and higher costs.
Talking about the partnership, Eric Yeh, Foxconn’s senior director of software development said, “This strategic cooperation with Nvidia strengthens the intelligent driving solutions Foxconn will be able to provide. Together, we are enabling the industry to build energy-efficient, automated vehicles,”
Foxconn is set to build the PEAR, Fisker Inc.’s second automobile model, as well as electric vehicles for Lordstown Motors Corp and Apple products.
At the CES, Nvidia also unveiled that its latest RTX 40-series graphics cards, especially the RTX 4090 feature, will be available in gaming laptops from February.