Vietnam-Based FPT Launches Automotive Tech Subsidiary in Frisco

FPT—which had a total revenue of $1.87 billion in 2022 and more than 60,000 global employees—said its new Frisco subsidiary has a mission to "drive the advancement of software-defined vehicles, shape the new mobility era, and deliver the highest standards of safety and superior experiences to customers."

Vietnam-based global technology services provider FPT has launched its automotive technology subsidiary FPT Automotive in Frisco. The company’s goal: becoming a billion-dollar, world-class automotive services and products provider by 2030.

In announcing the launch at a recent ceremony, FTP said it has a mission to drive the advancement of software-defined vehicles (SDV), shape the new mobility era, and deliver the highest standards of safety and superior experiences to customers.

“With more than 10 years of experience in the automotive industry, a diverse pool of talented human resources, the latest technologies like AI, cloud computing, and computer vision, as well as partnerships and investments with renowned companies like Landing AI and Cardinal Peak, we aspire to accelerate the rapid development of automotive, a sector now determined by software,” FPT Corp. Founder and Chairman Dr. Truong Gia Binh said in a statement.

Offering a suite of engineering services for in-vehicle infotainment and much more

FPT Automotive offers a comprehensive suite of engineering services covering in-vehicle infotainment, electronic control units (ECU), functional safety, security, automotive UI/UX design, wireless connectivity, and digital engineering.

The company said that at the center of those offerings is MaaZ, the proprietary AUTOSAR for turn-key ECU solutions.

By leveraging its strength in software development, FPT said it seeks to empower global tier-1 suppliers, OEMs, and chipmakers to enhance market competitiveness and deliver more connected, intelligent, sustainable, and future-ready vehicles.

FPT said it ensures full compliance with industry standards such as ISO26262 for functional safety management and Automotive SPICE for software development processes in the automotive sector.

Automotive as a key growth engine

FPT Corporation Founder and Chairman Dr. Truong Gia Binh joined the event virtually from Hanoi, Vietnam. [Photo: Business Wire]

FPT Automotive has a global team of 4,000 automotive software engineers and experts across diversified delivery models, the company said, allowing streamlined solutions, optimized cost, and adaptability to clients’ and industry’s changing requirements.

FPT’s major markets include the United States, Europe, Japan, South Korea, China, and Vietnam, the company said.

The company said that the launch of FPT Automotive is a response to the global demand for SDVs, aligns with the company’s strategic investment in automotive product engineering services and solutions, and leverages its extensive expertise.

FPT added that the Frisco launch allows a more client-centric approach, accelerated by global account management and M&As.

“Automotive has been one of our key growth engines,” FPT Software Chairwoman Chu Thi Thanh Ha said in a statement. “This new subsidiary reaffirms our commitment to investing in cutting-edge technologies and working with leading experts and partners to create pioneering products and services for the development of automotive technology. With FPT Automotive, we are well-positioned to address emerging market needs, unlock new opportunities, and deliver exceptional performance for our clients globally,”

FPT Automotive CEO Kinh Nguyen said the company aims to have an increasing role in the development of a “smart mobile society.”

“FPT Automotive aims to continue sharpening our focus on software-defined vehicles and actively contribute to the development of a smart mobility society. In the next five years, we look forward to partnering with global leaders in automotive technology to enhance our portfolio, with focus on automotive audio, incorporating AI into various solutions for software-defined vehicles, developing CDC solution, and having a complete AUTOSAR platform to ensure end-to-end development,” Nguyen said.

Global tech and IT

FPT Corp. is a global technology and IT services provider that operates in three core sectors: technology, telecommunications, and education.

During more than three decades of development, FPT has provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map, the company said.

FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms that enables sustainable growth for organizations and businesses and offers distinctive experiences to customers.

In 2022, FPT recorded a total revenue of $1.87 billion and had more than 60,000 employees.

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