Varroc Engineering Limited (Varroc), a global manufacturer of Tier 1 automotive components, has signed a Memorandum of Understanding with Candera GmbH for a strategic partnership to integrate human-machine interface (HMI) technology into the layer transistor Varroc Thin (TFT) Instrument Cluster.
According to the MoU, Varroc will develop the basic hardware and software for the product, while Candera will provide a software solution for the HMI. This MoU will enable the two companies to respond to automotive application opportunities in India and global markets with shorter delivery times and cost-optimized solutions.
Varroc manufactures a wide range of electrical and electronic components used in the automotive industry. These products aim to help OEMs keep pace with changing end user preferences. The company innovates in response to major automotive trends and creates products that are greener, safer, smarter and more connected.
Electronic instrument clusters are undergoing a digital display change and become more and more similar to that of a mobile phone, moving from a black and white display screen to a TFT (Thin-Film) liquid crystal display. -Transistor). Varroc’s TFT instrument cluster offerings provide full interface customization and a range of other features such as navigation, day and night modes, Bluetooth connectivity, AES encryption and mobile phone syncing.
Candera is a leading supplier of HMI tools and development partner for automotive and industrial customers around the world. He supports his clients with CGI Studio, a scalable and hardware independent HMI design software. CGI Studio’s special USPs are its user-friendly interface and the high-performance representation of 2D / 3D display elements and animations. Plus, it comes with ready-to-use HMI controls, AI-assisted intelligent importer, and built-in state machines.
Founded in 2000 in Linz, Candera GmbH is a subsidiary of ArtSpark HD Inc. based in Tokyo, Japan. Candera supports clients with the CGI Studio tool environment as well as providing software services primarily in the areas of HMI development, user interface design and embedded software. The company operates autonomously and supplies a fully developed product range at the Linz, Austria site.
Speaking on the partnership, Arjun Jain, full-time director and president of Varroc’s electrical and electronics business unit, said: “At Varroc, we seek to drive growth by leveraging sustainable automotive trends such as desire to be greener, safer, smarter, and more connected. We are delighted to partner with Candera to comprehensively develop our capability set to deliver next-generation TFT instrument clusters that meet the evolving technological needs of our customers.
In addition, Reinhard Fricht, CEO of Candera, appreciates the cooperation with Varroc. “We have already worked successfully with Varroc in recent years,” says Reinhard. “This MoU takes our partnership to the next level and we look forward to helping our mutual customers around the world succeed in their business by creating powerful HMI solutions with Varroc’s TFT clusters. “
Shares of Varroc Engineering Ltd were last trading in BSE at Rs 388.4 from the previous close of Rs. 384.4. The total number of shares traded during the day was 30,320 in more than 1,283 trades.
The action hit an intraday high of Rs. 392.95 and an intraday low of 386.45. The net turnover during the day was Rs. 11,821,823.