Automative ICs are very vast field. What type of ICs they are focused on? Is it high voltage power electronics or MEMS or high temprature analog/digital/mixed siganl ICs used near high temperature engine?
It was only a year ago when I wrote a story about NXP today being "practically a Chinese company." That was exactly what NXP's CEO told me during an one-on-one interview at that time.
The JV with Datang couldn't have been pulled off without NXP's first-hand experience with talent and automotive market in China.
While the EV market in China is still iffy at best (NXP also knows it), the automotive electronics-focused fabless in China is an intriguing idea; and I will be sure to follow their development; and if there are similar Chinese fabless companies in the automotive electronics popping up soon...