Collaboration
Technology Cooperation Fosters Development of Semiconductors in Lithuania
Lithuanian government officials and Taiwan's representative to Lithuania Eric Huang (fourth left) attended the agreement signing ceremony.
ITRI signed a technology cooperation agreement with the Lithuanian high-tech company Teltonika IoT Group. Through this partnership, ITRI will share with Teltonika technologies that can facilitate the creation of a semiconductor chip industry in Lithuania. The agreement entitles Teltonika to obtain licenses for semiconductor chip manufacturing technologies and devices developed by ITRI. It also ensures that the company group will get assistance in preparing detailed plans and engineering training for its employees. These are the key elements that lay the groundwork for semiconductor chip projects in Lithuania.
ITRI Chairman Chih-Kung Lee gave an online speech at the reception.
“This is a truly historic event for Lithuania, as it will be the largest ITRI cooperation project with a foreign country in its 50-year history,” said Arvydas Paukštys, Founder and President of Teltonika. “I am thankful to the Government of Taiwan for its confidence in us and to the Lithuanian politicians for their support in the negotiations. This agreement proves that we are reliable partners capable of developing such complex projects. I believe that by implementing the planned works, we will help Lithuania to break through alongside the most advanced countries in the world.”
Paukštys stressed that they decided to develop niche semiconductor technologies used in renewable energy, electric vehicles, or other industrial power module solutions, and that they hope to offer semiconductor chip design, assembly, and testing services to their customers. ITRI will provide technologies that are widely used today in power electronics to produce energy management devices such as solar inverters, electric vehicle chargers, and other home and industrial electronics.
The bilateral cooperation is funded by Taiwan’s Ministry of Foreign Affairs, the major sponsor, and the Teltonika company group. Thanks to the newly established relations between Lithuania and Taiwan, Taiwan’s technologies and the knowledge of their experts will be used in preparation for the launch of a semiconductor chip industry in Lithuania.
Teltonika will soon start preparing detailed plans for these projects and then begin the construction of the facilities, which could take approximately two more years. According to the technology cooperation agreement between ITRI and Teltonika, the projects necessary for initiating the semiconductor chip industry in Lithuania will be completed by 2027.
About Teltonika
Teltonika is a fast-growing Lithuanian high-tech company group with offices in 20 countries around the world, employing around 2,500 people. Teltonika’s state-of-the-art technologies and extensive design and manufacturing experience help to create high-quality and secure IoT devices. The company is proud of its unique IoT products made in Lithuania and aims to become a global leader in the design and manufacture of unique IoT solutions that help people around the world. Teltonika has already produced more than 21 million IoT devices in its modern production facilities in Vilnius and Molėtai.