ACCORD SOFTWARE AND Systems expects to supply over 4-5 million Navigation with Indian Constellation (NavIC) chips to commercial as well as passenger vehicle makers in the next 2-3 years, its CEO Murali Krishna S told FE in an interaction.
The comments assume significance as the government has already mandated a NavIC-based vehicle tracking system in all commercial vehicles, and will soon make it must for smartphones to use the NavIC chipsets in addition to other global positioning systems (GPS).
The Bengaluru-based company will begin supplying the chips to its customers from early 2024. It has announced the production of new chips through its fabrication partner GlobalFoundries. It is also evaluating the semiconductor designlinked scheme and will apply for it with its next generation of chips.
For Accord, more than smartphones, supply of NaVIC-powered chipsets to the automobile industry, logistics, aviation, drones sectors and railways is expected to bring in strong revenue opportunities in the coming years.
هذه القصة مأخوذة من طبعة October 04, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 04, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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