Telechips and AURA have entered into an investment agreement to collaborate on automotive technologies. (Graphic: Telechips) Telechips, is looking to increase its presence in the advanced driver-assistance system (ADAS) and autonomous driving (AD) semiconductor market through investment in a digital imaging radar (RADAR) company. Telechips announced its agreement to invest an undisclosed amount in Aura Intelligent Systems (“AURA”), a radar technology solution development firm based in Boston, USA, on March 19th, 2024. Telechips joins existing investors including a semiconductor legend Ray Stat
Telechips is gearing up to make its debut at IAA Mobility 2023, the annual global mobility show set to take place in Germany. This move signifies Telechips' endeavor to expand its business and align with the growing demand in the future mobility market shifting towards the Software Defined Vehicles (SDV) trend. Telechips, a comprehensive semiconductor design specialist for automotive applications, was founded in 1999 and became publicly listed on the KOSDAQ market in December 2004. With a recent foray into the automotive semiconductor market, where it plays a pivotal role as the “brain” of aut