Having this kind of JV between a chip designer/manufacturer and Car Manufacturer will be resulting a better car, as today's automotive vehicles indeed require sophisticated electronic control, this JV will utilize the best of ST and FAW with their own expertise and that will give awesome results.
Infineon and Hyundai started their cooperation and opened the Hyundai Infineon Innovation Center back in 2007.
Mechatronics Engineers at this new lab will have more opportunities and challenging tasks. The new developments taking at this lab will be interesting. These newly to be developed applications will be released in the ST micro's range of components?
It is not entirely clear. FAW Group has both component subsidiaries and is a car maker. SO it would seem likely that automobile components developed by the JV will likely make their way in to FAW vehicles and be offered to third parties.