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Comtech-Freescale partnership zooms in on automotive

Posted: 11 Feb 2008 ?? ?Print Version ?Bookmark and Share

Keywords:Comtech Freescale partnership? customized solutions? automotive?

Comtech Group Inc., a provider of customized design solutions for the technology-manufacturing sector in China, is teaming up with Freescale Semiconductor Inc. for the development of automotive solutions. The companies also plan to expand their efforts to cover digital consumer electronics products.

Comtech and Freescale will capitalize on the growth of China's automotive sector. According to China Association of Automobile Manufacturers, 8.8 million vehicles were sold in the country in 2007, up 1.5 million from the previous year. It has now surpassed Japan and Germany to become the second-largest vehicle market in the world, following the United States. Forecasts remain strong with the China leadership targeting combined vehicle and auto parts exports of $120 billion, or about 10 percent of the world's total vehicle trading volume, by 2015.

Both companies expect the new business will generate results in 2H.

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