financetom
Business
financetom
/
Business
/
Automotive computer chip maker NXP rolls out new platform
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Automotive computer chip maker NXP rolls out new platform
Mar 28, 2024 1:25 PM

AMSTERDAM, March 28 (Reuters) - NXP

Semiconductors NV ( NXPI ), the biggest maker of computer chips for cars,

on Thursday said it had introduced a new platform that will

simplify and speed up software development for its customers.

The platform, which integrates software from partner

companies and a new line of advanced NXP chips, makes it

possible to standardize software development for many of the

ever-growing number of electronics systems used in cars.

NXP's customers include major carmakers and their primary or

Tier-1 suppliers, with the new platform used for power

management, data processing and networking throughout the car.

It will not be used for advanced driver assistance systems or

main screen displays.

"Our role is very much to stay in the background and the

glory is for the OEMs", said Henri Ardevol, general manager of

automotive at NXP, referring to customers.

Software partners on the platform include "the movers and

shakers ... of the automotive industry as it relates to the

intermediate software stack...which is in between the operating

system and the actual application," he said.

Those include Accenture ( ACN ), ArcherMind,

Blackberry QNX, Elektrobit, ETAS, Green Hills Software,

Sonatus, Synopsys ( SNPS ), TTTech Auto, Vector Informatik GmbH,

and Wind River.

He said the measures of the platform's success would be

whether it reduces software development time, and adoption.

NXP, with a market capitalization of $63 billion, is

headquartered in Eindhoven, Netherlands and listed on the

Nasdaq. The new platform's name is S32 CoreRide.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Venezuela's PDVSA imports Russia-origin naphtha, shipping data shows
Venezuela's PDVSA imports Russia-origin naphtha, shipping data shows
Jul 23, 2025
July 23 (Reuters) - Venezuela's state-owned oil company PDVSA has received and is unloading a Russia-origin 700,000-barrel cargo of heavy naphtha, a key product for its heavy crude output, according to vessel tracking data and a shipping document seen by Reuters on Wednesday. U.S.-sanctioned PDVSA needs imported light crude, condensate and naphtha to dilute its production of heavy oil and...
MSCI Positioned to Benefit From Fund Flows Despite Q2 Subscription Pressures, RBC Says
MSCI Positioned to Benefit From Fund Flows Despite Q2 Subscription Pressures, RBC Says
Jul 23, 2025
11:19 AM EDT, 07/23/2025 (MT Newswires) -- MSCI ( MSCI ) is well-positioned to benefit from global equity fund flows and rising demand for index-linked products, even as the company pushes out its near-term asset management recovery amid softer Q2 subscription trends, RBC Capital Markets said. Weaker net new subscription growth and lower retention rates during the quarter, particularly in...
Market Chatter: Dr. Reddy's Laboratories to Launch Cheaper Version of Novo Nordisk's Weight-loss Drug in 87 Nations in 2026
Market Chatter: Dr. Reddy's Laboratories to Launch Cheaper Version of Novo Nordisk's Weight-loss Drug in 87 Nations in 2026
Jul 23, 2025
11:15 AM EDT, 07/23/2025 (MT Newswires) -- Dr. Reddy's Laboratories (RDY) is planning to launch a cheaper version of Novo Nordisk's ( NVO ) weight-loss drug, Wegovy, in 87 countries in 2026, Reuters reported Wednesday, citing CEO Erez Israeli's speech at a press conference. The company could initially launch the generic version of the drug in Canada, Brazil, India, Turkey,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved