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Cyient, Allegro MicroSystems Partner to Drive Innovation in Magnetic Sensors & Power Semiconductors for Automotive Industry

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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.

Cyient e Allegro MicroSystems (NASDAQ: ALGM) hanno ampliato la loro collaborazione inaugurando un Centro di Eccellenza (CoE) a Hyderabad, India. La struttura, situata nel campus di Manikonda di Cyient, si concentrerà sullo sviluppo di sensori magnetici di nuova generazione e prodotti semiconduttori per l'industria automobilistica. Il CoE impiegherà oltre 100 ingegneri qualificati specializzati nella validazione post-silicon, verifica del design, design analogico e sistemi embedded.

Il centro accelererà lo sviluppo dei portafogli di prodotti di sensoristica e circuiti integrati di potenza di Allegro, fondamentali per i veicoli elettrici e le applicazioni ADAS. Questa espansione rafforza la presenza di Allegro in India e mira a rispondere alle principali tendenze del settore, inclusa la crescente domanda di sensori magnetici negli EV e nei dispositivi ad alta potenza.

Cyient y Allegro MicroSystems (NASDAQ: ALGM) han ampliado su asociación inaugurando un Centro de Excelencia (CoE) en Hyderabad, India. La instalación, ubicada en el campus de Manikonda de Cyient, se centrará en el desarrollo de sensores magnéticos de última generación y productos semiconductores de potencia para la industria automotriz. El CoE empleará a más de 100 ingenieros especializados en validación post-silicio, verificación de diseño, diseño analógico y sistemas embebidos.

El centro acelerará el desarrollo de los portafolios de productos de sensores y circuitos integrados de potencia de Allegro, fundamentales para vehículos eléctricos y aplicaciones ADAS. Esta expansión fortalece la presencia de Allegro en India y busca abordar las principales tendencias de la industria, incluida la creciente demanda de sensores magnéticos en EVs y dispositivos de alta potencia.

CyientAllegro MicroSystems (NASDAQ: ALGM)는 인도 하이데라바드에 우수 센터(CoE)를 개관하며 파트너십을 확대했습니다. 이 시설은 Cyient의 마니콘다 캠퍼스에 위치하고 있으며, 차세대 자석 센서 및 자동차 산업을 위한 전력 반도체 제품 개발에 중점을 두고 있습니다. CoE에는 100명 이상의 숙련된 엔지니어가 포스트 실리콘 검증, 디자인 검증, 아날로그 설계 및 임베디드 시스템 전문 인력이 고용될 예정입니다.

이 센터는 Allegro의 센서 및 전력 집적 회로(IC) 제품 포트폴리오 개발을 가속화하며, 이는 전기차 및 ADAS 애플리케이션에 중요합니다. 이번 확장은 Allegro의 인도 내 입지를 강화하며, EV와 고전력 장치에 대한 자석 센서의 증가하는 수요를 포함한 주요 산업 트렌드에 대응하는 것을 목표로 합니다.

Cyient et Allegro MicroSystems (NASDAQ: ALGM) ont élargi leur partenariat en inaugurant un Centre d'Excellence (CoE) à Hyderabad, en Inde. L'établissement, situé sur le campus Manikonda de Cyient, se concentrera sur le développement de capteurs magnétiques de nouvelle génération et de produits semi-conducteurs de puissance pour l'industrie automobile. Le CoE emploiera plus de 100 ingénieurs qualifiés spécialisés en validation post-silicon, vérification de conception, design analogique et systèmes embarqués.

Le centre accélérera le développement des portefeuilles de produits de capteurs et de circuits intégrés de puissance d'Allegro, qui sont essentiels pour les véhicules électriques et les applications ADAS. Cette expansion renforce la présence d'Allegro en Inde et vise à répondre aux principales tendances de l'industrie, notamment à la demande croissante de capteurs magnétiques dans les véhicules électriques et les dispositifs à haute puissance.

Cyient und Allegro MicroSystems (NASDAQ: ALGM) haben ihre Partnerschaft durch die Eröffnung eines Centers of Excellence (CoE) in Hyderabad, Indien, erweitert. Die Einrichtung, die sich auf dem Manikonda-Campus von Cyient befindet, wird sich auf die Entwicklung von magnetischen Sensoren der nächsten Generation und von Leistungshalbleiterprodukten für die Automobilindustrie konzentrieren. Das CoE wird über 100 qualifizierte Ingenieure beschäftigen, die auf Post-Silicon-Validierung, Designverifikation, Analogdesign und eingebettete Systeme spezialisiert sind.

Das Zentrum wird die Entwicklung der Produktportfolios von Allegros Sensoren und Leistungsverstärkern beschleunigen, die für Elektrofahrzeuge und ADAS-Anwendungen wichtig sind. Diese Expansion stärkt die Präsenz von Allegro in Indien und zielt darauf ab, auf wichtige Branchentrends zu reagieren, einschließlich der wachsenden Nachfrage nach magnetischen Sensoren in Elektrofahrzeugen und Hochleistungsgeräten.

Positive
  • 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
Negative
  • 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.

HYDERABAD, India, Nov. 15, 2024 /PRNewswire/ -- Cyient, a global Intelligent Engineering services company, today announced the expansion of its partnership with Allegro MicroSystems, Inc. ("Allegro MicroSystems") (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficiency, with the inauguration of a Center of Excellence (CoE) in Hyderabad, India.

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 India, providing access to a highly skilled talent pool and fostering collaboration within the vibrant Indian technology ecosystem.

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 India, Allegro MicroSystems aims to bring innovative products to market faster and more efficiently. The collaboration will also focus on addressing key industry trends, including the increasing demand for magnetic sensors in electric vehicles, the rise of high-power devices such as SiC and GaN and the growing importance of embedded systems and platforms.

"India's rapidly growing automotive market presents a tremendous opportunity for Allegro MicroSystems," said Vineet Nargolwala, CEO of Allegro MicroSystems. "This CoE established with Cyient's partnership, will enable us to accelerate innovation in magnetic sensors and power semiconductors, delivering cutting-edge solutions that address the evolving needs of the automotive industry. This investment reinforces Allegro MicroSystems's commitment to driving e-mobility, clean energy and automation forward, aligning perfectly with our vision for a safer, more sustainable and autonomous future."

"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 India but also support the global automotive industry's transition towards a more sustainable and technologically advanced future.

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 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible and environmentally sustainable tomorrow together with our stakeholders. For more information, please visit www.cyient.com.

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  

 

Cision 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

What is the purpose of Allegro MicroSystems' new Center of Excellence in Hyderabad?

The CoE will focus on developing next-generation magnetic sensors and power semiconductor products for the automotive industry, particularly for electric vehicles and ADAS applications.

How many engineers will ALGM employ at the new Hyderabad facility?

The Center of Excellence will house over 100 skilled engineers specializing in post-silicon validation, design verification, analog design, and embedded systems.

What products will be developed at ALGM's new Hyderabad center?

The center will develop sensor and power integrated circuit (IC) product portfolios, focusing on magnetic sensors and power semiconductor products for automotive applications.

Where is ALGM's new Center of Excellence located in India?

The new Center of Excellence is located at Cyient's Manikonda Campus in Hyderabad, India.

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