Cyient, Allegro MicroSystems Partner to Drive Innovation in Magnetic Sensors & Power Semiconductors for Automotive Industry
Rhea-AI Summary
Cyient and Allegro MicroSystems (NASDAQ: ALGM) have expanded their partnership by inaugurating a Center of Excellence (CoE) in Hyderabad, India. The facility, located at Cyient's Manikonda Campus, will focus on developing next-generation magnetic sensors and power semiconductor products for the automotive industry. The CoE will employ over 100 skilled engineers specializing in post-silicon validation, design verification, analog design, and embedded systems.
The center will accelerate the development of Allegro's sensor and power IC product portfolios, important for electric vehicles and ADAS applications. This expansion strengthens Allegro's presence in India and aims to address key industry trends, including the growing demand for magnetic sensors in EVs and high-power devices.
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- Establishment of new Center of Excellence with 100+ skilled engineers
- Strategic expansion into India's growing automotive market
- Enhanced capability for faster product development and innovation
- Strengthened position in EV and ADAS components market
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- None.
Insights
The establishment of this CoE represents a strategic expansion in Allegro's R&D capabilities, particularly significant given the $3.6B market cap company's focus on high-growth automotive semiconductors. The facility's 100+ engineer workforce will strengthen ALGM's competitive position in important markets like EV sensors and power semiconductors.
The partnership with Cyient provides ALGM cost-effective access to India's engineering talent pool while accelerating product development in strategic areas like SiC/GaN power devices and ADAS components. This move aligns with the industry trend of semiconductor companies establishing R&D centers in India to optimize development costs while maintaining innovation pace.
The timing is particularly advantageous given the growing EV market and increased semiconductor content per vehicle, positioning ALGM to capture more value in the automotive supply chain.
The CoE's focus on magnetic sensors and power ICs directly addresses critical components for the automotive industry's electrification transition. These technologies are essential for power management, motor control and battery systems in EVs, where ALGM already maintains strong market positions.
The investment strengthens ALGM's ability to serve major automotive OEMs with next-generation solutions for ADAS and EV platforms. India's growing automotive market provides additional opportunities, as local presence could help secure design wins with domestic manufacturers. This strategic move should help ALGM maintain its competitive edge in the rapidly evolving automotive semiconductor space.
The CoE, located at Cyient's Manikonda Campus, will focus on developing next-generation magnetic sensors and power semiconductor products for the automotive industry. The state-of-the-art facility was inaugurated by Allegro MicroSystems President & CEO Vineet Nargolwala in the presence of Max Glover, Senior Vice President WW Sales, Allegro MicroSystems, and Suman Narayan, Senior Vice President, Products, Allegro MicroSystems.
The CoE will house over 100 skilled engineers specializing in key areas such as post-silicon validation, design verification, analog design, analog mixed-signal verification, and embedded systems. This expansion significantly strengthens Allegro MicroSystems's presence in
The CoE will play a crucial role in accelerating the development of Allegro MicroSystems's sensor and power integrated circuit (IC) product portfolios, which are essential components in electric vehicles, advanced driver-assistance systems (ADAS) and other automotive applications. By leveraging Cyient's expertise in
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"Our relationship with Allegro MicroSystems has flourished over the past two years and we are incredibly proud of the team and the contributions they have made to Allegro MicroSystems's product portfolio. Semiconductors are at the heart of innovation across industries and this CoE strengthens Cyient's position as a leading partner for companies seeking to develop and manufacture cutting-edge semiconductor products," said Krishna Bodanapu, Executive Vice-Chairman & Managing Director, Cyient.
This collaboration marks a significant milestone for both companies, reinforcing their commitment to driving innovation in the automotive semiconductor market. The CoE will not only contribute to the growth of the semiconductor industry in
About Allegro MicroSystems
Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs, to propel automotive, clean energy and industrial automation forward with solutions that enhance efficiency, performance and sustainability. Allegro MicroSystems's commitment to quality drives transformation across industries, reinforcing our status as a pioneer in "automotive grade" technology and a partner in our customers' success. For additional information, please visit https://www.allegromicro.com/en/.
About Cyient
Cyient (Estd: 1991, NSE: CYIENT) delivers Intelligent Engineering solutions for creating a digital, autonomous and sustainable future for over 300 customers, including
Cyient Contact:
Gowtham Uyalla
Kaizzen PR
gowtham.uyalla@kaizzencomm.com
Phalguna Hari Jandhyala
Cyient
phalguna.harijandhyala@cyient.com
Allegro MicroSystems Contact:
Tyler Weiland
Corporate Communications
(972) 571-7834
tweiland.cw@allegromicro.com
View original content:https://www.prnewswire.com/news-releases/cyient-allegro-microsystems-partner-to-drive-innovation-in-magnetic-sensors--power-semiconductors-for-automotive-industry-302306974.html
SOURCE Cyient
FAQ
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