Cyient, a global engineering services company, has expanded its partnership with Allegro MicroSystems for magnetic sensors and power semiconductors for the automotive industry. Located at Cyient's Manikonda campus, the CoE will focus on the development of magnetic sensors and power semiconductor products for the automotive sector. The facility was inaugurated by Vineet Nargolwala, President and CEO, Allegro MicroSystems.

More than 100 engineers will get employment 
 

The facility will employ more than 100 engineers specializing in areas such as post-silicon validation, design verification, analog and mixed-signal verification, and embedded systems. The CoE aims to expand Allegro Microsystems' operations in India by harnessing local expertise and promoting collaboration within the region's technology ecosystem. The CoE is expected to support the development of sensors and power integrated circuit (IC) products used in applications such as electric vehicles and advanced driver-assistance systems (ADAS). Cyient's stock is currently trading at 1,803.20. The company's stock has seen a gain of 7.48 per cent in the last one year. The stock's 52-week high is Rs 2,458.95.