Indie Semiconductor Extends Radar Leadership With World's First 240 GHz Silicon Transceiver
Portfolio Pulse from Happy Mohamed
Indie Semiconductor (NASDAQ:INDI) has launched the world's first fully integrated 240 GHz radar front-end silicon transceiver. The device is expected to enhance safety within vehicle cabins and revolutionize industrial monitoring applications. The company is sampling lead partners now, with production ramp slated for 2H 2024. Mordor Intelligence estimates the industrial terahertz frequency applications market, which the new device can address, will be a $1.8 billion opportunity by 2028.
August 28, 2023 | 1:02 pm
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POSITIVE IMPACT
Indie Semiconductor's launch of the world's first 240 GHz radar silicon transceiver could potentially boost its market position and revenues in the long term. The production is slated for 2H 2024.
The launch of a unique product like the 240 GHz radar silicon transceiver could potentially give Indie Semiconductor a competitive edge in the market. This could lead to increased revenues and a positive impact on the company's stock price in the long term. However, the production is slated for 2H 2024, so the short-term impact might be limited.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100