Varroc Engineering has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface (HMI) technology in Varroc’s Thin-Film-Transistor (TFT) Instrument Cluster.
According to the MoU, Varroc will develop the hardware and base software of the product, while Candera will provide software solution for HMI. This MoU will enable both the companies to respond to automotive application opportunities in India & the global markets with shorter lead time and cost optimized solutions.
Varroc Engineering is a global tier-1 automotive component group, ranked 124th in the 2019 Fortune India 500 list.