indie Semiconductor Launches Advanced Smart Connectivity Solutions for In-Cabin Applications

Rhea-AI Summary

Indie Semiconductor, Inc. (Nasdaq: INDI) has launched new high-performance video converters and retimers to enhance in-cabin connectivity applications for automotive systems. These solutions cater to the increasing demand for immersive in-vehicle experiences driven by the growth of in-cabin data and information available to drivers and passengers. The new products support various interfaces like DisplayPort, USB, HDMI, and LVDS, enabling seamless audio, video, and sensor information transmission. With the in-vehicle display market expected to exceed 140 million units by 2028, indie Semiconductor is well-positioned to capitalize on this growing semiconductor opportunity.

Positive

• Indie Semiconductor introduces advanced smart connectivity solutions for in-cabin applications, expanding its user experience portfolio.
• The new high-performance video converters and retimers support in-cabin audio-video entertainment, camera, radar, and sensor-information transmission.
• The products offer diverse interface support such as DisplayPort, USB, HDMI, and LVDS, enhancing signal quality and transmission distance.
• In-vehicle displays are projected to surpass 140 million units by 2028, creating a significant semiconductor market exceeding $9 billion.
• Indie Semiconductor's smart connectivity solutions aim to meet the increasing consumer demand for immersive in-cabin experiences and seamless data transmission.
• The company's products are set to ramp up production in 2025, targeting Tier 1 system integrators and leading automakers.

Negative

• None.

• Broadens indie’s User Experience Portfolio with Video Converters and Retimers
• Production Ramp Set for 2025

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, has introduced a family of new high-performance video converters and retimers to enable in-cabin connectivity applications, including audio and video transport and device interfacing. These new capabilities expand indie’s innovative lineup of in-cabin solutions, empowering global Tier 1 system integrators to deliver best-in-class in-vehicle experience to automakers.

indie Launches Advanced Smart Connectivity Solutions for In-Cabin Applications (Graphic: Business Wire)

Effective interpretation and presentation of high-bandwidth data is essential for multi-screen, multi-zone applications, including in-cabin audio-video entertainment, camera, radar and other sensor-information for parking and safety features, and more. indie’s new family of system-on-chip (SoC) converters support the diverse interfaces these applications necessitate, including DisplayPort, USB, HDMI and LVDS, while the retimer products feature receive equalization to maximize signal quality and transmission distance.

According to S&P Mobility, in-vehicle displays will exceed 140 million units by 2028, representing a greater than $9 billion semiconductor opportunity in that timeframe. As consumer expectations for highly interactive and engaging in-cabin experiences increase, the automotive industry must evolve the bandwidth, quality and responsivity of supported in-vehicle graphics, audio and video.

“The quantity of in-cabin data and information available to drivers and passengers is growing exponentially, with virtually all new cars featuring at least one screen today for infotainment, and many boasting multiple displays used for instrument clusters as well as vehicle safety and control. Consumers are increasingly demanding that audio, video and vehicle information is available as a clear, timely and seamless experience,” said Fred Jarrar, vice president and general manager of indie’s Power Delivery Business Unit. “By offering our high performance, highly integrated smart connectivity SoCs, indie is enabling tier 1s and leading automakers to deliver on driver and passenger demand for a more immersive in-cabin experience and to capitalize on this rapidly emerging Autotech application.”

indie’s smart connectivity solutions are set to ramp in 2025.

To learn more about indie’s smart connectivity products, visit: www.indiesemi.com.

About indie

indie is empowering the Autotech revolution with next generation automotive semiconductors and software platforms. We focus on developing innovative, high-performance and energy-efficient technology for ADAS, user experience and electrification applications. Our mixed-signal SoCs enable edge sensors spanning Radar, LiDAR, Ultrasound, and Computer Vision, while our embedded system control, power management and interfacing solutions transform the in-cabin experience and accelerate increasingly automated and electrified vehicles. We are an approved vendor to Tier 1 partner and our solutions can be found in marquee automotive OEMs worldwide. Headquartered in Aliso Viejo, CA, indie has design centers and regional support offices across the United States, Canada, Argentina, Scotland, Germany, Hungary, Morocco, India, Israel, Japan, South Korea, Switzerland, Taiwan and China.

Please visit us at www.indiesemi.com to learn more.

Safe Harbor Statement

This communication contains “forward-looking statements” (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning indie Semiconductor such as the features, functionality, performance, availability, timing and expected benefits of indie Semiconductor products and technology. Such statements include, but are not limited to, statements regarding our future business and financial performance and prospects, and other statements identified by words such as “will likely result,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “plan,” “project,” “outlook,” “should,” “could,” “may” or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results included in such forward-looking statements. All forward looking statements in this press release are expressly qualified in their entirety by the foregoing cautionary statements.

Investors are cautioned not to place undue reliance on the forward-looking statements in this press release, which information set forth herein speaks only as of the date hereof. We do not undertake, and we expressly disclaim, any intention or obligation to update any forward-looking statements made in this announcement or in our other public filings, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240422365668/en/

Media Inquiries

media@indiesemi.com

Investor Relations

ir@indiesemi.com

Source: indie Semiconductor

FAQ

What new products has indie Semiconductor launched for in-cabin applications?

Indie Semiconductor has introduced a family of new high-performance video converters and retimers to enable in-cabin connectivity applications.

Which interfaces are supported by indie Semiconductor's new SoC converters?

The new system-on-chip (SoC) converters from indie Semiconductor support interfaces like DisplayPort, USB, HDMI, and LVDS.

What is the projected market size for in-vehicle displays by 2028?

In-vehicle displays are expected to exceed 140 million units by 2028, creating a semiconductor market opportunity of over $9 billion.

When are indie Semiconductor's smart connectivity solutions set to ramp up production?

Indie Semiconductor's smart connectivity solutions are scheduled to ramp up production in 2025.