SAN JOSE, Calif., June 21, 2017 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI), the No.1 global leader in car infotainment semiconductors and automotive semiconductors* and HARMAN International, a wholly owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies, expand their 15-year collaboration to speed up time-to-market for connected car solutions.
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Connected car systems are key decision drivers for consumers accustomed to the rich user experiences they encounter in their everyday digital lives. The resulting expectations have triggered a transformation in infotainment systems from bulky, purpose-built devices into sleek, connected, upgradeable and integrated platforms. The NXP and HARMAN partnership recognizes the broad implications of this new reality and its potential to impact almost every technology field and application.
To tackle infotainment of the future, NXP and HARMAN will expand on a proven track record of delivering to customers and a strong history of collaboration in emerging technology areas, including over-the-air updates, secure V2X communication and software-defined radio. The two companies will further expand their partnership in technologies supporting the connected in-car experience, including tuners, digital signal processors, amplifiers and applications processors. As a lead customer for NXP’s latest generation of NXP infotainment solutions, HARMAN will work with NXP on pre-development work, including co-writing the product specs, the exchange of early samples and continuing to demonstrate new vehicle concepts with partners such as Rinspeed.
David Slump, EVP Operations at HARMAN: “The automotive transformation is happening at an incredibly rapid pace with the ascent of the connected car, autonomous driving and convergence of technologies and devices. These trends are creating tremendous opportunities and also challenges for suppliers to deliver seamless, simple, sophisticated solutions that offer compelling user experiences. We recognize that no one company can do it alone, and our long-term partnership helps ensure quality, a highly critical need for the automotive market. We appreciate our long-term partnership with NXP to help us deliver the best solutions for automakers and their drivers.”
Kurt Sievers, general manager of NXP Automotive: “HARMAN and NXP share the vision that to win in the connected car market, three things matter: accelerating the pace of silicon innovation based on software-defined radio, scalable compute solutions and zero defect quality levels. We are very proud to work with HARMAN, a true leader in automotive and connected cars.”
* Source: Strategy Analytics
NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com.
HARMAN International (harman.com) designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and services supporting the Internet of Things. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 50 million automobiles on the road today are equipped with HARMAN audio and connected car systems. Our software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 30,000 people across the Americas, Europe and Asia. In March 2017, HARMAN became a wholly owned subsidiary of Samsung Electronics Co., Ltd.
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Source: Nasdaq Automotive News