Automotive Electronics Council

DGAP-News: Softing Automotive Electronics wins tender from international automotive manufacturer and receives exclusive order for production equipment

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Thursday, July 21, 2022
Electronics, Automotive Electronics Council, Software, Technology, Automation, Automotive electronics, Retail, Y Soft

Softing Automotive Electronics, a wholly owned subsidiary of Softing AG, today announced that it has been awarded an exclusive contract by a southern German manufacturer of premium vehicles to develop and supply a production system for parameterizing and diagnosing vehicles in production.

Key Points: 
  • Softing Automotive Electronics, a wholly owned subsidiary of Softing AG, today announced that it has been awarded an exclusive contract by a southern German manufacturer of premium vehicles to develop and supply a production system for parameterizing and diagnosing vehicles in production.
  • The vehicle manufacturer will equip its worldwide production network with the production system to be supplied by Softing.
  • Dr. Wolfgang Trier, Chief Executive Officer of Softing AG, commented: "Our wholly owned subsidiary Softing Automotive Electronics has so far focused on vehicle development and servicing.
  • The companies of the Softing Group produce and market hardware and software in the Automotive Electronics, Industrial Automation and IT Networks segments.

LITEON Technology Reports the First Half Net profits of NT$6.1 Billion, EPS of NT$2.66

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Tuesday, July 19, 2022
Cloud, Research, Technology, Osram Opto Semiconductors GmbH, Electronics, Automotive Electronics Council, Solution, Align Technology, Cloud computing, Growth, EPS, Infrared

The gross profits and operating profits reached NT$8.8 billion and NT$4.4 billion, up 10% and 15% Y-o-Y respectively; gross profit margin and operating profit margin were 20.4% and 10.2%, both hit record highs.

Key Points: 
  • The gross profits and operating profits reached NT$8.8 billion and NT$4.4 billion, up 10% and 15% Y-o-Y respectively; gross profit margin and operating profit margin were 20.4% and 10.2%, both hit record highs.
  • Net profits were NT$ 4 billion, with EPS of NT$1.74.
  • Net cash reached NT$32.1 billion, thanks to the aggressive working capital management and strong positive free cash flow generated from operation.
  • We are confident of the sequential growth in the third quarter," said Mr. Anson Chiu, President of LITEON Technology.

LITEON Technology Reports the First Half Net profits of NT$6.1 Billion, EPS of NT$2.66

Retrieved on: 
Tuesday, July 19, 2022
Cloud, Research, Technology, Osram Opto Semiconductors GmbH, Electronics, Automotive Electronics Council, Solution, Align Technology, Cloud computing, Growth, EPS, Infrared

View original content:https://www.prnewswire.com/news-releases/liteon-technology-reports-the-f...

Key Points: 
  • The gross profits and operating profits reached NT$8.8 billion and NT$4.4 billion, up 10% and 15% Y-o-Y respectively; gross profit margin and operating profit margin were 20.4% and 10.2%, both hit record highs.
  • Net profits were NT$ 4 billion, with EPS of NT$1.74.
  • Net cash reached NT$32.1 billion, thanks to the aggressive working capital management and strong positive free cash flow generated from operation.
  • We are confident of the sequential growth in the third quarter," said Mr. Anson Chiu, President of LITEON Technology.

VOXX International Corporation Reports its Fiscal 2023 First Quarter Financial Results

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Monday, July 11, 2022
Engineering, Tax, Sikorsky HH-52 Seaguard, Depreciation, Germany, Biometrics, COVID-19, Form 10-K, Confirmation, Optimism, EBITDA, Health, Risk, Electronics, Consumer electronics, Annual report, Webcast, Douglas v. U.S. District Court ex rel Talk America, Fiscal, CE, Company, Insurance, Automotive industry, Adjustment, Units of paper quantity, Consumer Electronics Show, Income, Patent, Interest, GAAP, District court, Acquisition, Science and technology in Asia, VOXX, Western Division, Arbitral tribunal, Research, Automotive Electronics Council, Court, Sharp Corporation, Growth, OEM, NASDAQ, Renewable energy, Online shopping, Video game, Cassette tape, Security (finance), Bank, Bookkeeping, Online gambling, Onkyo

ORLANDO, Fla., July 11, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 first quarter ended May 31, 2022.

Key Points: 
  • ORLANDO, Fla., July 11, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 first quarter ended May 31, 2022.
  • The gross margin in the Fiscal 2023 first quarter was 25.8% as compared to 26.8% in the Fiscal 2022 first quarter, a decline of 100 basis points.
  • Net loss attributable to VOXX International Corporation in the Fiscal 2023 first quarter was $6.5 million as compared to net income attributable to VOXX International Corporation of $2.7 million in the comparable Fiscal 2022 period.
  • The Company reported basic and diluted net loss per share attributable to VOXX International Corporation of $0.27 in the Fiscal 2023 first quarter as compared to basic and diluted net income per common share attributable to VOXX International Corporation of $0.11, in the comparable Fiscal 2022 period.

With Market Size Valued at $1.1 Billion by 2026, it`s a Healthy Outlook for the Global Automotive Electronics Conformal Coatings Market

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Thursday, June 23, 2022
CAGR, Silicone, Illinois Tool Works Inc. v. Independent Ink, Inc., Geography, Marketing, Internet, DuPont, Intelligence, Automotive Electronics Council, ACL, Chase Corporation, Urethane, COVID-19, Players, Art & Creative Materials Institute, Edel SE & Co. KGaA, Forecasting, GIA, Anabond, Research, Growth, H.B. Fuller, Peter group, SAN, Renewable energy, Pet, Others

SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Automotive Electronics Conformal Coatings - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Automotive Electronics Conformal Coatings - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Automotive Electronics Conformal Coatings estimated at US$789.4 Million, is projected to reach a revised size of US$1.1 Billion by 2026, growing at a CAGR of 4.9% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Outlook on the Thyristor Global Market to 2027 - Insights and Forecast with Impact of COVID-19

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Wednesday, June 15, 2022
Population, Industry, Communication, STMicroelectronics, Mitsubishi Electric, Analog Devices, ON Semiconductor, COVID-19, ABB, Global, Robotics, Government, Electronics, Artificial intelligence, Semiconductor, IOT, Automotive Electronics Council, Adoption, Growth, USD, GCC, Siemens, Semikron, HVDC, Internet of things, Automation, Infineon Technologies, Nanotechnology, Improvised explosive device, Power electronics, Computer, Porter's five forces analysis, Consumer electronics, Renewable energy, Electronic component, Application

DUBLIN, June 15, 2022 /PRNewswire/ --The "Global Thyristor Market (2022 Edition) - Analysis By Power Rating, Application, By Region, By Country Market Insights and Forecast with Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 15, 2022 /PRNewswire/ --The "Global Thyristor Market (2022 Edition) - Analysis By Power Rating, Application, By Region, By Country Market Insights and Forecast with Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Thyristor Market was valued at USD 5.2 billion in the year 2021 with the APAC region leading the regional market share.
  • Moreover, the use of robotics and computers at smart factories requires voltage above 1000 MW, which is driving the thyristor market.
  • 5.1 Global Thyristor Market Segmentation, By Product Type
    6.1 Global Thyristor Market Segmentation, By Application
    6.2 Competitive Positioning of Global Thyristor Market, By Application (2021 & 2027)

Worldwide Thyristor Industry to 2027 - Featuring ABB, Infineon Technologies and Siemens Among Others - ResearchAndMarkets.com

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Tuesday, June 14, 2022
Technology, Hardware, Semiconductor, HVDC, Automotive Electronics Council, Consumer electronics, Electronics, Porter's five forces analysis, Artificial intelligence, Improvised explosive device, Semiconductor, Government, Global, ABB, IOT, Power electronics, GCC, Growth, Robotics, Computer, Adoption, Nanotechnology, Population, Industry, Communication, Internet of things, Automation, Renewable energy, Application

Additionally, the emergence of the Internet of Things (IoT) and artificial intelligence (AI) is providing ample opportunities for market development.

Key Points: 
  • Additionally, the emergence of the Internet of Things (IoT) and artificial intelligence (AI) is providing ample opportunities for market development.
  • In addition, rising government initiatives for HDVC installations are likely to stimulate market demand in the future.
  • Moreover, the use of robotics and computers at smart factories requires voltage above 1000 MW, which is driving the thyristor market.
  • New thyristor devices are still being developed with the goal of lowering total losses and maximising the device's power rating.

Global Surface Mount Technology Equipment Market Report to 2027 - Emphasis on Automation Creates Conducive Environment for SMT Equipment - ResearchAndMarkets.com

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Friday, June 3, 2022
Technology, Hardware, Automotive Electronics Council, Big data, Review, US, Automotive industry, Generation, Success, Service robot, Real, Finnish heritage disease, IOT, Key, Textile, Internet of things, Technology, Video game, Electronics, Chemical substance, Investment

World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021

Key Points: 
  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
    Uptrend in Electronics Manufacturing Boosts Market Prospects: Review of Primary End-Use Sectors for SMT Technology
    Global Consumer Electronics Market by Region (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl.
  • Japan), Middle East, and Latin America
    Global Home Audio Equipment Market (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl.
  • Japan), Middle East & Africa and Latin America
    Global Market for Smartphones in Billions: 2016-2021
    Smartphone Penetration Rate as Share of Total Population: 2016-2021
    World Automobile Production in Million Units: 2008-2022
    Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030
    Global Airlines Performance by Region: 2020 Vs 2019
    Global Industrial Automation Market by Sector (2019): Percentage Breakdown of Investments for Automotive, Chemical, Food Processing, Oil & Gas, Packaging, Pharmaceuticals, Plastic Manufacturing, Power, Textiles and Others
    A Brief Glimpse of First, Second, Third, & Fourth Industrial Revolutions
    Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
    Second Generation AOI Control Solutions: Design is the Key for Success

DGAP-News: Softing subsidiary Globalmatix wins another key account

Retrieved on: 
Wednesday, May 4, 2022
Automation, Automotive electronics, Electronics, Software, Data collection, API, Artificial intelligence, Board of directors, Federal Executive Boards, Gesellschaft mit beschränkter Haftung, ThyssenKrupp, IOT, CEO, Automotive Electronics Council, Growth

In its search for a powerful, expandable telematics interface, ThyssenKrupp subsidiary carValoo GmbH (Essen) joined the list of companies that have opted for the xTCU Gateway and the related services offered by GlobalmatiX AG.

Key Points: 
  • In its search for a powerful, expandable telematics interface, ThyssenKrupp subsidiary carValoo GmbH (Essen) joined the list of companies that have opted for the xTCU Gateway and the related services offered by GlobalmatiX AG.
  • The carValoo offering builds on its cloud-based IOT platform that collects the vehicle data transmitted over the GlobalmatiX xTCU interface and transforms it into relevant information for customers.
  • Alois Widmann, founder and CEO of GlobalmatiX AG:
    Our xTCU interface constitutes a box with 1,001 possible applications in over-the-air data transfer.
  • The companies of the Softing Group produce and market hardware and software in the Automotive Electronics, Industrial Automation and IT Networks segments.

Magnachip Introduces a new 40V MOSFET to Control BLDC Motors for Automotive Applications

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Thursday, April 28, 2022
NYSE, CEO, EVS, MX, Automotive Electronics Council, BLDC, Pump, MOSFET, Company, IOT, Engineering, EV, Carbon, Mbale–Bulambuli–Siti Medium Voltage Power Line, History of the electric vehicle, Electric vehicle, Safety, Electronics, Renewable energy

SEOUL, South Korea, April 28, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has released a new 40V Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) to control Brushless Direct Current (BLDC) motors for automotive applications.

Key Points: 
  • - Magnachip expands automotive business, intends to increase market share globally
    SEOUL, South Korea, April 28, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has released a new 40V Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) to controlBrushless Direct Current (BLDC) motors for automotive applications.
  • As such, demand for high-efficiency and durable BLDC motors for EVs will increase and Medium Voltage (MV) MOSFETs are essential for BLDC motors to operate efficiently.
  • Magnachip has developed a new 40V MOSFET featuring low RDS(on)* to reduce the conduction loss of automotive BLDC motors and the company began mass production of this new MOSFET in April 2022.
  • As reliable automotive semiconductors are critical to vehicle safety, the new 40V MOSFET is fully AEC-Q101 (Automotive Electronics Council-Q101) certified.