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The Automotive Chip market is a subset of the Telematics and Vehicle Electronics industry. It is composed of semiconductor chips used in automotive applications such as engine control, infotainment, navigation, and safety systems. Automotive chips are designed to meet the specific requirements of the automotive industry, including high reliability, low power consumption, and high temperature tolerance. Automotive chips are used in a variety of applications, including powertrain, body electronics, safety, and infotainment.
The Automotive Chip market is driven by the increasing demand for advanced safety and infotainment systems in vehicles. The growing demand for connected vehicles and autonomous driving is also driving the growth of the Automotive Chip market. The increasing demand for electric vehicles is also expected to drive the growth of the Automotive Chip market.
Some of the major companies in the Automotive Chip market include NXP Semiconductors, Infineon Technologies, Renesas Electronics, STMicroelectronics, Texas Instruments, and Qualcomm Technologies. Show Less Read more
