Indie Semiconductor (INDI) has announced a strategic collaboration with GlobalFoundries (GFS) to develop its portfolio of radar systems-on-chip. These SoC’s – manufactured on GF’s 22FDX platform – will target 77 GHz and 120 GHz radar applications for advanced driver assistance systems and adjacent industrial applications.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INDI:
- Indie Semiconductor Faces Revenue Challenges Amid Declining Semiconductor Prices and Market Oversupply
- 3 Best Stocks to Buy Now, 2/24/2025, According to Top Analysts
- Indie Semiconductor Earnings Call Highlights Mixed Outlook
- Indie Semiconductor price target lowered to $8 from $10 at Craig-Hallum
- Indie Semiconductor price target lowered to $7 from $8 at KeyBanc