Voltaira Group Acquires Auto-Kabel Group in Germany – Strengthening Global Electrification Capabilities and Engineering Excellence
‧ Voltaira Group aims to become a major global systems supplier in the mobility market segment ‧ This acquisition further strengthens Voltaira Group's existing electrification portfolio ‧ The merger is expected to deliver unique value to mobility customers through a comprehensive product portfolio, extended internal value chain and enhanced synergies
[Julu 11, 2024 - Taipei] Voltaira Group today announced the acquisition of Auto-Kabel Group, based in Hausen in Wiesental / Germany (Baden-Wurttemberg) forming a strategic partnership to vertically expand its core capabilities in electrification and broaden its customer base. “This acquisition marks an important milestone in our journey to become a leading provider of intelligent energy distribution systems, electrification, sensor, and connectivity solutions for the mobility industry,” said Ulrich Eichler, CEO of Voltaira Group. “We strongly believe that our merger will not only increase our market presence and global reach, but also foster highly integrated and synergistic structures.” Voltaira Group is a leading supplier of sensor, connectivity, and electrification solutions, specializing in wire harness technologies. From concept design to development and production, Voltaira Group maintains strategic partnerships with major players in the automotive and micro-mobility sectors. In recent years, the company has developed significantly, shifting its focus from ICE-related products to powertrain-agnostic solutions including cutting-edge electrified vehicle (EV) technology. Auto-Kabel Group is a pioneer in e-mobility and a technology leader in automotive energy distribution and management, with a robust OEM customer base and leading innovation capabilities. The company excels in electrical components for automotive systems and power distribution, focusing on the transition to e-mobility solutions. Auto-Kabel Group has recently invested heavily in electromobility, particularly in busbar and aluminum cable technologies for high-voltage electric vehicle systems. The collaboration between Voltaira Group and Auto-Kabel Group is built on a strong foundation of quality, innovation, and industry expertise. Both company groups have distinguished themselves in the automotive sector through their commitment to excellence. As global companies, both headquartered in Germany, they share not only a cultural heritage but also a commitment to customer-focused values and high ethical corporate standards that ensure a successful and impactful partnership. With its strong customer base, complementary product portfolio and advanced innovation capabilities, Auto-Kabel Group is expected to become an important part of the Voltaira Group. "We are excited to join forces with Voltaira Group and are optimistic about our future collaboration," said Markus Bolz, Managing Director of Auto-Kabel Group. This partnership brings together two companies with a shared vision for innovation and excellence in the mobility sector. We believe that together we will deliver unique value to our automotive customers, including manufacturers and suppliers of electrified commercial and passenger vehicles, and set new industry standards. This acquisition will significantly enhance Voltaira Group’s product portfolio in intelligent power distribution systems, including innovative battery harnesses, busbars, and high-voltage vehicle electrical systems. As a result of the merger Voltaira Group will have global presence with more than 50 locations in Europe, Asia-Pacific, the Middle East, Africa, and the Americas, employing more than 13,000 people worldwide. Auto-Kabel Group will be acquired through a wholly owned German SPV of Foxconn Interconnect Technology GmbH, which is the holding company of FIT Voltaira Group GmbH. Voltaira Group, wholly owned by Foxconn Interconnect Technologies Limited (“FIT”), a leading supplier of connectivity solutions for EV mobility, 5G AloT and audio applications, benefits from a solid financial background that will support growth in the current volatile automotive market environment. The closing of this acquisition is subject to customary regulatory approval. About Voltaira Group At Voltaira Group, we drive the future of sustainable mobility with creative solutions and cutting-edge technology. As an established system supplier in the mobility industry, we are proud of our long-standing partnerships with major Tier 1 automotive suppliers and OEMs. Our core competencies include the design, development and manufacture of sensor, connectivity, and electrification solutions for the automotive and micro-mobility sectors. Recognized for our commitment to quality and German engineering excellence, the Voltaira brand is trusted worldwide. Through our strategic partnerships, we offer endless possibilities in mobility, from charging solutions to 5G AIoT. The Voltaira Group operates globally with more than 50 sites in Europe, Asia-Pacific, the Middle East, Africa and the Americas, employing more than 13,000 people. About Auto-Kabel Group Auto-Kabel Group is an international leader in electromobility, with 90 years of innovation and top-tier manufacturing quality. Auto-Kabel Group supplies electrical components for automotive systems and power distribution, focusing on e-mobility solutions. As a system supplier, Auto-Kabel Group offers a wide range of products, including charging sockets, drive cables, and battery connectors, to customers worldwide.
About FIT FIT is a market leader of interconnect solutions for mobile devices, digital computer and consumer electronics, communication infrastructure, automotive, industry and medical applications and connected smart devices. 。
Expands into New Energy with Strategic JV and Launches New Charging Solutions
[Taipei, June 17, 2024] – Foxconn Interconnect Technology Ltd ("FIT", listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is expanding its presence in the electric vehicle (EV) sector. Following the acquisition of Germany's SWH Group in 2023 and the launch of the Voltaira brand for its mobility solutions portfolio, FIT Hon Teng has formed a joint venture with XYPower Technology Co., Ltd., establishing FXNWING New Energy Technology Co., Ltd. ("FXNWING") to enter the EV charger market.
2024-06-17
[Taipei, June 17, 2024] – Foxconn Interconnect Technology Ltd ("FIT", listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is expanding its presence in the electric vehicle (EV) sector. Following the acquisition of Germany's SWH Group in 2023 and the launch of the Voltaira brand for its mobility solutions portfolio, FIT Hon Teng has formed a joint venture with XYPower Technology Co., Ltd., establishing FXNWING New Energy Technology Co., Ltd. ("FXNWING") to enter the EV charger market. XY Power, based in Xi'an, specializes in EV charging and energy storage systems. With over 25 years of experience, their expertise in power module design will enhance FXNWING's production capabilities. Combined with FIT Hon Teng's manufacturing strengths, this partnership aims to deliver top-notch charging and energy restorage solutions globally. With growth potential in the EV market, FIT will continue to partner with core technical experts to leverage business opportunities by shortening development times and enhancing the solution packages. Along with the the One-FIT strategy, the strong cooperation between FXNWING and Voltaira has resulted in a new series called Voltaira AC and DC chargers. The debut product Voltaira Anoles AC charger offer 7kW and 22kW charging power and has won the 2024 IF Product Design Award by featuring its interchangeable covers and easy cable and socket replacement to comply with various international standards. Its modular design and improved heat dissipation make it adaptable to different environments. At Europe’s largest smart energy exhibition, Smarter E Europe, on June 19-21, 2024, visitors were able to explore the Voltaira Royal Series. Targeting the Middle East and North Africa (MENA) market, the Royal Series includes DC fast charging stations and AC chargers for commercial and residential use. Designed for harsh climates, these products feature robust protection and intelligent power distribution to achieve high efficiency and reduce operational costs. FXNWING's innovation is further evidenced by the FitPile,the mini DC which has won a Red Dot Design Award. This recognition highlights FIT Hon Teng's commitment to innovation and technical excellence. Visit us at Messe Munchen, Germany (MESSE) C6.635. About FIT (Foxconn Interconnect Technology) Hon Teng (HK.6088) Foxconn Interconnect Technology (FIT), listed on the Hong Kong Stock Exchange, focuses on precision design and manufacturing of connector products as its core. FIT continues to explore 5G AIoT, EV mobility, and audio applications areas, stepping into consumer brand operations. For more information about FIT, please see: www.fit-foxconn.com. Email: fit-ir@fit-foxconn.com sales-usa@fit-foxconn.com
FIT Hong Teng Teams Up with MediaTek to Develop High-Speed Connectivity Solutions Using CPO
[March 25, 2024 - Taipei] AI-generated applications are escalating the demand for higher computing power. In response, Foxconn Interconnect Technology Ltd ("FIT", listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is joining forces with MediaTek to co-develop a groundbreaking 51.2T solution, inclusive of Co-Packaged Optics (CPO).
2024-03-25
[March 25, 2024 - Taipei] AI-generated applications are escalating the demand for higher computing power. In response, Foxconn Interconnect Technology Ltd ("FIT", listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is joining forces with MediaTek to co-develop a groundbreaking 51.2T solution, inclusive of Co-Packaged Optics (CPO). CPO is designed to revolutionize the integration of optical transceivers by incorporating them directly onto the same package as the ASIC, moving away from traditional separate modules. Building upon the foundation laid by the Red Dot Design Award-winning FITCONN 800G high-speed connector, FIT seeks to further advance its CPO capabilities by utilizing MediaTek's cutting-edge ASIC platform, which includes high-speed SerDes and silicon photonics technologies. Leveraging FIT's adeptness in CPO socket creation and integration capabilities, this collaboration will deliver superior high-performance computing systems tailored for switches within front-end and back-end networks. Within data centers, CPO is instrumental in increasing bandwidth and reducing electrical pathways, thereby improving latency and accelerating data transmission speeds. The architecture's ability to demonstrate significant total system power savings underscores its value and potential. From a connectivity standpoint, CPO enriches FIT's existing optical communication offerings, spanning 800-1600G, and collaborating with MediaTek will enable the evolution of next-generation network communication technologies. "We are deeply honored to partner with MediaTek on this venture. This trailblazing technology is expected to introduce revolutionary products to the market, ensuring stable and reliable high-speed connectivity solutions," said Mr. Joseph Wang, CTO of FIT Hon Teng. "Anticipating the product's launch, we are committed to collectively furnishing our customers with a broader spectrum of efficient connectivity solutions, thereby propelling the high-performance computing era forward." "MediaTek’s vision is to deliver versatile ASIC platforms to clients, providing them with state-of-the-art technologies designed for the rapidly-expanding data center and server markets,” said Vince Hu, Corporate Vice President at MediaTek. “By working together with FIT on the CPO initiative, we will create new market opportunities by enabling and powering next-generation high-speed transmission solutions.” MediaTek is slated to unveil its product lineup, showcasing FIT's CPO socket, in March 2024 at OFC, the premier global event dedicated to optical communication and networking.
FIT Hong Teng Showcase Innovative E-Bike Products at Taipei Cycle Show 2024.The intersection of technology and fashion takes center stage on two wheels!
[March 5, 2024 - Taipei] FIT Hong Teng (“FIT”, 6088-HK), in partnership with its automotive subsidiary brand Voltaira, unveils its products for the first time at the Taipei Cycle Show. In addition to showcasing E-Bike sensing products. FIT also introduces upgraded models equipped with an integrated E-Bike digital dashboard (FIT E-Bike HMI) and mmWave radar taillight, allowing attendees to be the first to experience the allure of future bicycle technology!
2024-03-05
[March 5, 2024 - Taipei] FIT Hong Teng (“FIT”, 6088-HK), in partnership with its automotive subsidiary brand Voltaira, unveils its products for the first time at the Taipei Cycle Show. In addition to showcasing E-Bike sensing products. FIT also introduces upgraded models equipped with an integrated E-Bike digital dashboard (FIT E-Bike HMI) and mmWave radar taillight, allowing attendees to be the first to experience the allure of future bicycle technology!
In recent years, FIT has actively participated in the electric vehicle industry in collaboration with its parent company Hon Hai (2317-TW), achieving remarkable results in both two-wheel and four-wheel segments. With the addition of the new German automotive team Voltaira, internal resources are further integrated, expanding the product portfolio. This exhibition includes corresponding sensing solutions, highlighting the collaborative efforts.
Beyond that, the team introduces a refreshing design this year, injecting more astonishing elements into the new generation E-Bike digital dashboard. Collaborating with Eagotech, the FIT E-Bike HMI product is installed on actual bikes, featuring a sleek and concise design, providing riders with a more advanced user experience.
FIT has long focused on traditional precision electronic component manufacturing, consistently breaking through conventional manufacturing thinking to bring forth innovative industrial design products. For more information, visit their physical exhibition at the Taipei International Bicycle Show from March 6 to March 9, 2024, located at the Taipei Nangang Exhibition Center Hall 1, booth of the Bicycle and Health Technology Industrial Research and Development Center (K0515).
FIT Unveils 224G Tech at DesignCon 2024: Powering AI and Hyperscale FutureRevolutionizing Data Center Connectivity: FIT Unveils 224G Data Rates at DesignCon 2024 - A Leap Forward in AI and Machine Learning Era
[Santa Clara, 2023/01/29] – Foxconn Interconnect Technology (FIT), a frontrunner in the data center connectivity industry, proudly announces the launch of its 224G data rates for high-speed I/O and near-chip connectivity at this year's DesignCon. This groundbreaking development in 224G signifies a strategic step forward, preparing FIT and its key customers for the burgeoning data rates propelled by advancements in AI and machine learning.
2024-01-29
[Santa Clara, 2023/01/29] – Foxconn Interconnect Technology (FIT), a frontrunner in the data center connectivity industry, proudly announces the launch of its 224G data rates for high-speed I/O and near-chip connectivity at this year's DesignCon. This groundbreaking development in 224G signifies a strategic step forward, preparing FIT and its key customers for the burgeoning data rates propelled by advancements in AI and machine learning.
The 224G standard demands exceptional levels of signal integrity, mechanical robustness, and manufacturing precision. Terry Little, Development Engineering Manager and System Architect at FIT, states, "connectors with 224G interfaces require innovative design approaches, extending beyond conventional development norms. This necessitates creative thinking in electrical contact design, tighter mechanical and manufacturing tolerances, and more stringent assembly processes." FIT is dedicated to offering these specialized capabilities to the industry, providing crucial thermal and mechanical design guidance for QSFP-DD1600 and OSFP MSAs.
Alex An, Senior Director of Business Development at FIT, emphasizes, “Our amalgamation of industry experience near the chip, extensive manufacturing knowledge, and expertise in high-volume automation creates the perfect synergy to significantly contribute to high-speed MSAs or consortiums. These components are essential in driving AI, hyperscale, and enterprise solutions. FIT stands out in its ability to pioneer and scale copper connectivity solutions originating from the chip, including co-packaged solutions, near-chip connectors, and 224G internal cabling to IO.”
FIT is swiftly progressing in the development of near- or on-chip connectivity. With the expansion of the back-end network, there's a pressing need to move beyond traditional board layers.
Alex adds, “The challenge extends beyond high speed – managing power is also a critical hurdle. As a provider of connector solutions, our focus is on integrating high power density into mission-critical components without sacrificing other architectural aspects. Collaborating with our clients to solve these pivotal challenges remains a primary focus of our efforts.”
Aligned with its '3+3 strategy', FIT is concentrating its resources on key markets such as Electric Vehicles (EVs), Audio, and 5G AIoT to foster margin growth. The company is enthusiastic about showcasing its latest innovations at DesignCon 2024, underscoring its commitment to its customers and their growth in these vital sectors.
For more information about FIT and its innovative solutions, please visit booth 619 at DesignCon 2024.
FIT Showcases Multi-Gig Automotive Ethernet Cable and Connector Solutions at DesignCon 2024.10G multi-gigabit Automotive Ethernet link to be demonstrated over a 15-meter cable using Broadcom PHY technology.
Santa Clara, Calif., January 29, 2024 -- Foxconn Interconnect Technology (6088.HK) (“FIT”), a leading connective solution provider creating powerful connections for a better world, today announced the demonstration of its 10G multi-gigabit Automotive Ethernet cable and connector solutions at the DesignCon 2024 exhibition in Santa Clara, California from January 30th to February 1st.
2024-01-28
Santa Clara, Calif., January 29, 2024 -- Foxconn Interconnect Technology (6088.HK) (“FIT”), a leading connective solution provider creating powerful connections for a better world, today announced the demonstration of its 10G multi-gigabit Automotive Ethernet cable and connector solutions at the DesignCon 2024 exhibition in Santa Clara, California from January 30th to February 1st. FIT’s FoxNet GII Multi-Gig Automotive Ethernet Connector and Cable will appear together with Broadcom’s 10G PHY Automotive Ethernet Evaluation Board. This demo will feature Broadcom’s BCM89890 multi-gigabit Automotive Ethernet PHY chip, connected with FIT’s 15-meter Foxnet GII Multi-Gig Cable, which includes 4 in-line connectors. This cable link supports the IEEE 802.3ch specification which is rated for 2.5, 5 and 10 Gbps for Automotive Ethernet applications and compliant with OPEN Alliance TC9 standard for Single Pair Ethernet (SPE). The IEEE 802.3ch specification also identifies a maximum length 15-meter cable assembly, with up to 4 in-line connectors. FIT’s FoxNet GII connector and cable family includes (1) Single Port Configuration (as shown in the demo), (2) In-Line Connector Configuration (as shown in the demo), (3) 2x2 (4 port) Connector Configuration, and (4) 1x2 (2port) Connector Configuration. FIT will be conducting a live demonstration of its 10G multi-gigabit Automotive Ethernet link over a 15-meter cable assembly in the FIT Booth #619. This live demo will continuously monitor the bit error rate (BER) across the 15-meter cable length (with 4 in-lines), sending and receiving packets of data continuously. Applications: ‧ Domain Controller, Gateway (Zonal Architecture) ‧ Advanced Driver Assistance Systems ‧ 4D Radar ‧ Lidar ‧ High-resolution 4K Displays ‧ Rear Seat Entertainment ‧ 4K Camera Systems ‧ Intelligent Headlight
About FIT Hon Teng Foxconn Interconnect Technology (FIT) is a leading global solutions developer and manufacturer, cultivating connectivity for a better world. With unsurpassed capabilities in development, research, manufacturing engineering and design, production, supply chain, and go-to-market planning for world class brands and private label products spanning B2C and B2B categories, FIT is at the forefront of worldwide technological trends delivering compelling user experiences at scale. With offices and manufacturing sites located in Asia, the Americas and Europe, FIT is a global leader in the manufacturing of high precision interconnect components. For more information, visit FIT’s website: https://www.fit-foxconn.com.
FIT (Foxconn Interconnect Technology) Hon Teng (HK.6088) Completes Acquisition of SWH Group and Introduces the New Name and Logo of Voltaira, Aligning with the Company’s Strategic Development Direction in the EV Industry
Pfullingen, Germany/Taipei, Taiwan – July 03, 2023 – FIT (Foxconn Interconnect Technology) Hon Teng Limited (HK.6088) (“FIT”, together with its subsidiaries, the “Group”), part of the world’s largest electronics manufacturer and leading technological solution provider, today announced that it has successfully completed the acquisition of Prettl SWH GmbH and its subsidiaries (the “SWH Group“), one of the leading developers and manufacturers of sensor, connectivity and electrification solutions, which will become acore pillar of FIT’s mobility division. The new company name FIT Voltaira Group GmbH (“FIT Voltaira”) fully aligns with FIT’s strategic development direction in the EV mobility business and is expected to create new growth engines for the Group. With this acquisition, FIT remains committed to enhance global technology and service capabilities, expands its global talent pool in the automotive and EV mobility business, in order to effectively meet customer demands.
2023-07-03
Pfullingen, Germany/Taipei, Taiwan – July 03, 2023 – FIT (Foxconn Interconnect Technology) Hon Teng Limited (HK.6088) (“FIT”, together with its subsidiaries, the “Group”), part of the world’s largest electronics manufacturer and leading technological solution provider, today announced that it has successfully completed the acquisition of Prettl SWH GmbH and its subsidiaries (the “SWH Group“), one of the leading developers and manufacturers of sensor, connectivity and electrification solutions, which will become acore pillar of FIT’s mobility division. The new company name FIT Voltaira Group GmbH (“FIT Voltaira”) fully aligns with FIT’s strategic development direction in the EV mobility business and is expected to create new growth engines for the Group. With this acquisition, FIT remains committed to enhance global technology and service capabilities, expands its global talent pool in the automotive and EV mobility business, in order to effectively meet customer demands.
As a result of the acquisition, the new company will become a subsidiary of FIT under the name FIT Voltaira, maintaining its operational independence while preserving its forward-looking and innovative mindset. Ulrich Eichler will remain as CEO of FIT Voltaira. FIT Voltaira is positioned to grow and benefit from strategic drivers transforming the mobility industry and will continue to operate in the market with its three business segments, Sense, Connect and Electrify, delivering its technology solutions in these key areas to third party customers. Its vision for the future is to enable creative mobility solutions for a connected world. FIT Voltaira will spearhead FIT’s activities in Mobility applications and will closely collaborate with FIT and its customers to create operational synergies and sustainable value for the benefit of all stakeholders and in the best interest of the company. “The acquisition of SWH Group's world-class sensor, connectivity and electrification technology and its continued operation as FIT Voltaira will significantly contribute to FIT becoming an automotive and new mobility tech company that develops sustainable, advanced and customized mobility solutions for the present and future generations,” said Sidney Lu, Chairman and CEO of FIT. FIT Voltairas class-leading expertise and corporate spirit will accelerate our journey moving towards the realization of our common goals in the new mobility industry.” – said Ulrich Eichler, Chief Executive Officer of SWH Group .
In recent years, the Group has achieved remarkable results by implementing its 3+3 strategy and is optimistic that such trend will continue, and that the combined 3+3 strategic segments will provide further growth engines to the Group.
About FIT (Foxconn Interconnect Technology) Hon Teng (HK.6088) FIT is a market leader of interconnect solutions for mobile devices, digital computer and consumer electronics, communication infrastructure, automotive, industry and medical applications and connected smart devices. For more information about FIT, please see: www.fit-foxconn.com.
About FIT Voltaira (former SWH group) With many years of experience in the industry, FIT Voltaira is one of the leading developer and manufacturer of best-in-class sensor, connectivity and electrification solutions for the Automotive and New Mobility OEMs* (commercial electrified vehicles like trucks, buses, tractors, vans, pedelecs, electrified 2Wheelers and Light Electric Vehicle) as well as Tier 1 and Tier 2 Automotive system suppliers. FIT Voltaira is based in Pfullingen, Germany, with a global footprint of 16 locations across 12 countries, with about 7,000 skilled employees worldwide. As a contributor of the world’s most dynamic industries, it is essential to create with forward-looking, innovative approach in the areas of expertise while respecting the values of the past. For more information, visit: www.prettl-swh.com.
