financetom
Business
financetom
/
Business
/
ECARX Partners With Monolithic Power Systems to Boost Global Automotive, AI Innovation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ECARX Partners With Monolithic Power Systems to Boost Global Automotive, AI Innovation
Jul 22, 2025 5:53 AM

08:15 AM EDT, 07/22/2025 (MT Newswires) -- ECARX ( ECX ) said Tuesday it signed a strategic cooperation agreement with Monolithic Power Systems ( MPWR ) to develop solutions in automotive intelligence, robotics, and AI.

The company said the partnership would help establish a global supply chain and intelligent industrial ecosystem through system integration, platform adaptation, and engineering support.

Under the agreement, the companies will explore global market opportunities, focusing on product adaptation, validation, and system optimization to reduce development cycles and accelerate customer time-to-market, ECARX ( ECX ) said.

It added that Monolithic Power ( MPWR ) will support the company's R&D, supply chain, and engineering capabilities to expand reach into automotive, industrial automation, and consumer electronics markets.

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 >
Lincoln Electric Q3 Adjusted Earnings, Sales Fall
Lincoln Electric Q3 Adjusted Earnings, Sales Fall
Oct 31, 2024
08:54 AM EDT, 10/31/2024 (MT Newswires) -- Lincoln Electric ( LECO ) reported Q3 adjusted earnings Thursday of $2.14 per diluted share, down from $2.40 a year earlier. Analysts polled by Capital IQ expected $2.05. Net sales for the quarter ended Sept. 30 were $983.8 million, down from $1.03 billion a year earlier. Analysts surveyed by Capital IQ expected $984.5...
WTW Q3 profit rises on strong risk and brokerage business
WTW Q3 profit rises on strong risk and brokerage business
Oct 31, 2024
Oct 31 (Reuters) - Insurance broker WTW's third-quarter adjusted profit rose 27% on Thursday, helped by robust performance in its risk and brokerage business. WHY IT'S IMPORTANT Lower inflation, a strong labor market, wage growth and expectations of a soft landing have spurred higher spending on insurance by individuals and businesses. The firm, in an effort to concentrate on its...
Estée Lauder Q1 Earnings: China Uncertainty Hits Beauty Giant, Withdraws FY25 Outlook, Stock Tanks
Estée Lauder Q1 Earnings: China Uncertainty Hits Beauty Giant, Withdraws FY25 Outlook, Stock Tanks
Oct 31, 2024
Estée Lauder Companies, Inc. shares are trading lower on Thursday. The company reported first-quarter adjusted earnings per share of 14 cents, beating the street view of 9 cents. Quarterly sales of $3.36 billion (down 4%), missed the analyst consensus estimate of $3.371 billion. Segmentally, the Skin Care unit sales slumped by 7%, Makeup fell by 2%, Fragrance decreased by 1%,...
Striking Boeing workers to vote on 38% pay rise deal on Monday
Striking Boeing workers to vote on 38% pay rise deal on Monday
Oct 31, 2024
Oct 31 (Reuters) - Striking Boeing workers on the U.S. West Coast will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday. More than 30,000 factory workers who produce Boeing's ( BA ) strongest-selling 737 MAX commercial jet and other planes have...
Copyright 2023-2026 - www.financetom.com All Rights Reserved