LG Electronics Operating Profit Stumbles in Q4 2022
The operating profit of LG Electronics* declined by 133% YoY in Q4 2022. The revenue for Q4 2022 stood at KRW 15.47 trillion, a 1.6% growth YoY. The…
NXP Reports Record Revenue in 2022, Automotive Shines
2022 was a record-breaking year for NXP with solid profit growth and healthy free cash flow generation. Accelerated growth drivers (except UWB) are…
Top 10 CES 2023 Automotive Announcements
The annual Consumer Electronics Show (CES), held in Las Vegas from January 5 to 8 this year, focused primarily on the automotive, IoT, smart home,…
HERE Maintains Location Platform Leadership; TomTom Surpasses Google to Take Second Position; Mapbox Moves to Fourth
HERE took an unassailable lead across major criteria such as Location Intelligence, Location Services and Platform by a wide margin. TomTom and…
Good Show in Vehicle Solution, B2B Segments Helps LG Fight Macro Headwinds
Q3 2022 revenue increased 8% YoY to reach ₩16.12 trillion helped by higher sales of vehicle solutions. Vehicle solutions revenue jumped 46% YoY…
ADAS Penetration Crosses 70% in US in H1 2022, Level 2 Share at 46.5%
The share of Level 2 cars in the US’ total car sales increased to 46.5% in H1 2022. Toyota and Honda led the Level 2 segment with 24% and 14% shares…
NVIDIA and Qualcomm: Shaping the Software-defined Vehicle
Both NVIDIA and Qualcomm are working to exploit autonomous driving and the in-vehicle experience. NVIDIA has announced a new SoC – Drive Thor –…
Qualcomm Gears up to Drive Automotive Industry Transformation
Qualcomm held a first-of-its-kind ‘Automotive Investor Day’ in New York recently. The event was organized to highlight the new ventures that Qualcomm…
Connected Car Sales Overtake Non-connected Cars in Q2 2022
The US overtook China in Q2 2022 to lead the global connected car market. The top five groups – Volkswagen, Toyota, GM, Stellantis and Hyundai –…
In Automotive Connectivity, Rolling Wireless Tops Module Market, Qualcomm Dominates Chipset Market in H1 2022
Qualcomm dominates automotive connectivity chipset market with more than 80% share Rolling Wireless leads the automotive connectivity module market,…
LiDAR Now High on Automotive Industry Radar
LiDAR shipments are expected to cross 100 million units by 2030 driven by the automotive industry. The increase in demand for LiDAR will match the…
A Promising Yet Challenging Market for Self-driving SoCs
ADAS penetration in global car shipments will reach 78.7% by 2024 as new players help drive the ADAS chip market. Level 2 category will have a…
Connected Vehicle 2022 Summit: From ADAS to Autonomous Mobility, Here are Some Key Takeaways
India’s Connected Vehicle event is back offline after two years. Held in Bengaluru from May 4 to May 6, the event saw attendance from the chipset,…
LG Electronics Revenue at New Record High in Q1 2022
Revenue reached a new record high of $14.48 billion during the quarter. Operating profit recovered to a respectable level. Other businesses…
Qualcomm Bolsters Automotive Presence with One More Deal
Qualcomm has inked a deal with Stellantis, the world’s fourth-largest automaker. Stellantis controls a large number of iconic brands including Fiat,…
Podcast #52 – Digital Cockpit to Drive Future Connected Car Experiences
Modern cars now feature an array of advanced digital technologies such as ADAS (Advanced Driver Assistance Systems) that offer things like lane…
Connected & Autonomous Vehicle Summit 2021
Our Research Vice President Neil Shah will be speaking at the Connected & Autonomous Vehicle Summit 2021 on September 23rd. The topic of the…
Top 10 Automotive Announcements in CES 2021
Like the past few years, automotive players used the 2021 edition of the Consumer Electronics Show (CES), organized from January 11 to 14, to…