Continental’s automotive sector has established the Advanced Electronics & Semiconductor Solutions (AESS) organization, for the design and verification of automotive semiconductors with a view to fulfilling demand internally. GlobalFoundries (GF) is the manufacturing partner. The new organization is part of the Continental Automotive divisions’s journey towards spinning off as an independent company Aumovio.
The automotive industry’s demand for semiconductors to enhance electronic content for software-defined vehicles is increasing. The global automotive semiconductor market is estimated to reach about €110bn (US$128bn) by 2032.
“Continental is committed to sustainable growth and the Automotive group sector is on the right path to success. To ensure future success of the group sector, we have decided to develop semiconductors internally. The creation of this fabless semiconductor organization will strengthen Continental’s position not only by reducing geopolitical risks but also by the way of becoming more self-reliant in this field,” said Philipp von Hirschheydt, member of the Continental executive board and CEO of the future Aumovio.
“GF is proud to support Continental and the launch of their AESS organization as we partner together to deliver advanced semiconductor solutions to meet the growing demand for software-defined vehicles,” said Niels Anderskouv, president and chief operating officer at GF. “Our silicon-proven portfolio of automotive-qualified process technologies, supported by our resilient global footprint and track record of manufacturing excellence, will enable Continental to deliver innovative solutions for the next generation of safe, connected and autonomous vehicles. We are excited to see the Automotive semiconductor supply chain continue to evolve and want to congratulate the Continental team on shaping that evolution with the establishment of this organization.”
“In the evolving automotive landscape, it is imperative for organizations to invest in technology, particularly in essential areas like semiconductors. The formation of this new entity, in collaboration with a dependable manufacturing partner such as GlobalFoundries, will empower us to develop innovative products and solutions successfully,” added Nino Romano, CTO of Continental Automotive.
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