KoAsia Secures Overseas Complete Vehicle Project Contract

[Asia Economy Reporter Hyungsoo Park] CoreAsia, a system semiconductor design solution company, announced on the 1st that it has secured a turnkey project for the development (NRE) of automotive semiconductors (Automotive Processor SoC) for next-generation infotainment systems (IVI).

CoreAsia will participate in the overall chip design of the project. The final customer of the project, which includes the development of semi-autonomous driving technology, is a global top 3 automaker by market capitalization. Due to confidentiality agreements, the scale of the order and the counterpart were not disclosed.

CoreAsia is recognized for demonstrating its capabilities in designing automotive application processors (Automotive AP) and software development. The company explained that references from 5nm and 8nm projects for overseas future car companies and security firms, as well as its own engineering capabilities, led to securing the order.

CoreAsia will start the project aiming for mass production using the 5nm process in 2025. A company official said, "This contract will be an important foundation for securing full turnkey projects," and added, "We expect continuous achievements in the automotive SoC field."

He further expressed expectations, saying, "The project corresponds to the customer's ‘Future Strategy Season 1’ series order and will continue through subsequent seasons according to the customer's vehicle segments and development concepts."

The official also emphasized, "Automotive semiconductor projects have the characteristic of securing stable sales after initial participation," and stated, "We anticipate the full-scale growth of CoreAsia Group’s system semiconductor business division."

This content was produced with the assistance of AI translation services.