Foxconn will manufacture electronic control units (ECUs) for cars based on Nvidia's DRIVE Orin chip which has been developed specifically for computing in connected and autonomous vehicles.
As reported by Reuters, Foxconn said that the ECUs will serve the global automotive market.
Over the past two years automotive companies have struggled to bring products to market due to a combination of rising costs and difficulties in ramping up production. Nvidia said that its technology, which includes semiconductors that are able to process information from sensors in real time, will help Foxconn overcome some of these ongoing challenges.
The platforms as well as the ECUs will be supplied to automakers around the world, provided they are working on developing autonomous vehicles
According to Nvidia, the market opportunity in the automotive space is worth in excess of $300 billion.
Nvidia said that the tie-up will allow it to scale efforts to meet growing demand for chips made for autonomous and connected vehicles, while Foxconn said that the agreement will see it building platforms that contain ECUs based on DRIVE Orin and Nvidia's DRIVE Hyperion sensors for autonomous driving.