Welcome to our dedicated page for INDIE SEMICONDUCTOR news (Ticker: INDI), a resource for investors and traders seeking the latest updates and insights on INDIE SEMICONDUCTOR stock.
Indie Semiconductor Inc (INDI) delivers innovative automotive semiconductor solutions powering next-gen mobility technologies. This news hub provides investors and industry professionals with official updates spanning product launches, strategic partnerships, and financial developments.
Track the company's advancements in ADAS technologies, edge sensor integration, and custom ASIC designs through verified press releases and analysis. Our curated feed covers earnings announcements, leadership changes, and innovations in vehicle electrification systems.
Key focus areas include developments in:
• Automotive-grade microcontroller solutions
• LiDAR and in-cabin experience technologies
• High-volume production milestones
• Global market expansion efforts
Bookmark this page for real-time access to INDI's corporate communications and technology breakthroughs. Always consult multiple sources when making investment decisions.
indie Semiconductor (NASDAQ: INDI) will participate in Morgan Stanley's Technology, Media & Telecom Conference on March 7, 2022. CEO Donald McClymont is set to engage in a fireside chat at 4:45 p.m. PT. The conference will be webcast and available for replay at www.indiesemi.com. indie specializes in automotive semiconductors and software for ADAS and autonomous vehicles, aiding the Autotech revolution with innovative technologies.
indie Semiconductor delivered record revenue of $19M in Q4 2021, marking a 185% year-over-year growth. This exceeded analyst expectations, with a non-GAAP gross margin of 46.3%, an increase from 43.7% in 2020. For the full year, revenue reached $48M, doubling compared to the previous year. The company anticipates Q1 2022 revenue growth of 160-170% year-over-year, projecting $21-22M. Despite increased R&D investments resulting in non-GAAP operating losses, indie is well-positioned for growth in the expanding Autotech market.
indie Semiconductor (Nasdaq: INDI) plans to hold a conference call on February 22, 2022, at 5:00 p.m. Eastern Time to discuss its fourth quarter and 2021 financial results. An earnings press release will be issued after market close on the same day, available on the company's website. The call can be accessed via the internet or telephone. A replay will be available from 9:00 p.m. Eastern Time on February 22 until March 1, 2022. indie specializes in automotive semiconductors and software for advanced driver assistance and electrification.
Indie Semiconductor is expanding its presence in Japan by establishing a Kabushiki Kaisha and hiring Yasuyuki Arai, a seasoned semiconductor expert, to lead sales and marketing initiatives. This strategic move aims to cater to Japan’s major automotive manufacturers and supply partners, enhancing local customer support. Indie plans to showcase its automotive semiconductors and software solutions at the Automotive World 2022 event in Tokyo, where it aims to capture design wins and address previously untapped high-volume accounts in one of the world’s largest automotive markets.
indie Semiconductor has launched its Surya™ LiDAR system-on-a-chip, designed to enhance advanced driver assistance systems (ADAS) and facilitate autonomous driving. This innovative LiDAR technology significantly reduces power consumption and costs compared to current FPGA designs. The Surya™ integrates high-speed analog-to-digital converters and digital signal processing for precise long-range target detection. The company aims to meet growing demand for comprehensive ADAS solutions. The global automotive LiDAR market is projected to reach $3.2 billion by 2027, growing at a CAGR of 28% from 2020.
indie Semiconductor reported a 60% year-over-year revenue growth, reaching a record $12.2 million in Q3 2021, surpassing analyst expectations. The company anticipates 50% sequential and over 170% year-over-year growth for Q4 2021, with a projected non-GAAP gross margin of approximately 45%. Despite a GAAP operating loss of $21.3 million, non-GAAP operating loss was slightly higher at $11.5 million due to increased R&D expenses. The strategic backlog has increased to $2.6 billion. The firm aims to solidify its position in the emerging Autotech market.
indie Semiconductor has entered into a definitive agreement to acquire Symeo GmbH, the radar division of Analog Devices, enhancing its capabilities in the automotive radar market. This strategic acquisition, featuring 120 patents, aims to bolster indie's sensor technologies for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles. The global automotive radar market is projected to grow from $3.5 billion in 2019 to $7.6 billion by 2026. The financial impact of the transaction is expected to be neutral to indie's earlier investment forecasts.
indie Semiconductor (NASDAQ: INDI) is scheduled to hold a conference call on
indie Semiconductor (NASDAQ: INDI) has launched a new business unit dedicated to vision processing solutions for advanced driver-assistance systems (ADAS). The unit, led by industry veteran Ramesh Singh, aims to deliver high-quality perception-enabled products. This move is set to enhance indie's product offerings and create significant opportunities with Tier 1 automotive customers. Market research indicates a robust growth trajectory for the automotive camera market, projected to reach $7.7 billion by 2022, reflecting a CAGR of 24%. indie's innovations are expected to redefine automotive sensing solutions.
indie Semiconductor, Inc. (NASDAQ: INDI) will attend Deutsche Bank's Virtual Technology Conference on September 10, 2021. CEO Donald McClymont will present a company overview at 3:25 p.m. Eastern time. The event will be available for live webcast and archived for one week on the company's website, www.indiesemi.com.
indie focuses on advanced automotive semiconductors and software for technologies including LiDAR and connected car applications, enabling both electric and autonomous vehicles.
