Telechips Announced Collaboration with TomTom in Global Automotive Market

Telechips announced that TomTom and Telechips have entered into MOU at preliminary event for Paris Motor Show in 29th of Sep, 2016 for market expansion into global automotive market. 

TomTom and Telechips will promote jointly developed IVI in global IVI market, especially, in East Asia including China market. 

For collaboration, Telechips will provide market verified automotive multimedia, connectivity, broadcasting chipset, and TomTom will provide Map and Traffic services. 

Tier 1, 2 suppliers have been having a difficult time in making system stable with separately provided technology including hardware, middleware, application services, but with this integrated IVI solution jointly provided by TomTom and Telechips, customers are able to secure stable system with reduced costs and times. 

With IVI jointly developed by TomTom and Telechips, Telechips expects to gain competitiveness in global market including China. 

“By partnering with Telechips on this project, we are able to bring TomTom’s offering to an expanded customer base in the Asian market, especially China,” said Antoine Saucier Managing Director of TomTom Automotive. “This agreement will help us to accelerate our growth and development in the region.” 

“We are excited to collaborate with TomTom on this project providing integrated Display Audio and AVN reference solution. We are expecting to expand customer base in the Asian market, especially China,” said Jangkyu Lee, CEO of Telechips Inc. “This agreement will help us to provide standardized IVI system to Tier 1, 2 suppliers.”