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0.0252707581227438 0.0252707581227438 -0.0072202166064982 -0.036101083032491 -0.0109386281588448 -0.0902527075812274 -0.0902527075812274 -0.0884476534296028
Stock impact report

indie Semiconductor and GlobalFoundries Announce Strategic Collaboration to Accelerate Automotive Radar Adoption

indie Semiconductor, Inc. - Class A (INDI) 
Company Research Source: Business Wire
Silicon, software and proprietary radar system design innovation delivers step-change in radar performance enabling industry’s lowest solution cost or BOM (Bill of Materials) with smallest footprint ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has announced a strategic collaboration with GlobalFoundries (Nasdaq: GFS) (GF) to develop its portfolio of high-performance radar systems-on-chip (SoC). These SoC’s - manufactured on GF’s 22FDX® platform - will target 77 GHz and 120 GHz radar applications for advanced driver assistance systems (ADAS) and adjacent industrial applications. Automotive radar adoption is being accelerated by global vehicle safety regulation, new car assessment programs, and consumer demand for convenience features. As a result, new vehicles will feature at least four radar sensors, and this is expected to double in next-generation platforms to meet the growing use cases.indie’s 77 GHz SoCs are used i Show less Read more
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