Shares of Mobileye NV (NYSE:MBLY) ended Monday session in red amid volatile trading. The shares closed down -1.14 points or -2.65% at $41.80 with 4.06 million shares getting traded. Post opening the session at $43.48, the shares hit an intraday low of $41.77 and an intraday high of $43.48 and the price vacillated in this range throughout the day. The company has a market cap of $8.90 billion and the numbers of outstanding shares have been calculated to be 218.85 million shares.
On August 23, 2016 Mobileye (MBLY) and Delphi Automotive PLC (DLPH) announced a partnership to jointly develop a complete SAE Level 4/5 automated driving solution. The program will result in an end-to-end production-intent fully automated vehicle solution, with the level of performance and functional safety required for rapid integration into diverse vehicle platforms for a range of customers worldwide. The partners’ CSLP platform will be demonstrated in combined urban and highway driving at the 2017 Consumer Electronics Show in Las Vegas and production ready for 2019.
Mobileye is the world leader in computer vision systems, mapping, localization and machine learning focused on the automotive domain. Delphi is a world leader in automated driving software, sensors and systems integration. Working together, the two companies will co-develop the market’s first turnkey Level 4/5 automated driving solution.
The automated driving solution will be based on key technologies from each company. These include Mobileye’s EyeQ® 4/5 System on a Chip (SoC) with sensor signal processing, fusion, world view generation and Road Experience Management (REM™) system, which will be used for real time mapping and vehicle localization. Delphi will incorporate automated driving software algorithms from its Ottomatika acquisition, which include the Path and Motion Planning features, and Delphi’s Multi-Domain Controller (MDC) with the full camera, radar and LiDAR suite. In addition, teams from both companies will develop the next generation of sensor fusion technology as well as the next generation human-like “driving policy.” This module combines Ottomatika’s driving behavior modeling with Mobileye’s deep reinforcement learning in order to yield driving capabilities necessary for negotiating with other human drivers and pedestrians in complex urban scenes.
“The Mobileye and Delphi relationship started in 2002 with the implementation of what was one of the most advanced active safety systems of the time. Our long history together is key to the success of this ambitious endeavor,” said Professor Amnon Shashua, Mobileye Chairman and Chief Technology Officer. “Our partnership with Delphi will accelerate the time to market and enable customers to adopt Level 4/5 automation without the need for huge capital investments, thereby creating a formidable advantage for them.”
Added Kevin Clark, Delphi President and Chief Executive Officer: “This partnership will allow us to give our customers an increased level of automated capabilities faster and more cost effectively. The collective expertise of our two organizations will accelerate the creation of new approaches and capabilities that would likely not have been possible working alone. This is a win-win for both companies and our customers.”
Shares of Cypress Semiconductor Corporation (NASDAQ:CY) ended Monday session in red amid volatile trading. The shares closed down -0.13 points or -1.09% at $11.77 with 3.99 million shares getting traded. Post opening the session at $11.95, the shares hit an intraday low of $11.71 and an intraday high of $11.99 and the price vacillated in this range throughout the day. The company has a market cap of $3.79 billion and the numbers of outstanding shares have been calculated to be 321.18 million shares.
Cypress Semiconductor Corporation (CY) on Sept. 13, 2016 announced it is sampling new devices in its single-power-supply Traveo™ automotive microcontroller (MCU) family that provides secure, high-speed networking for body electronics applications. The new S6J342xxx series supports the Controller Area Network Flexible Data-rate (CAN FD) standard for high-speed, in-vehicle networking, enabling large amounts of data to be exchanged between each CAN node. The MCUs address the critical need to secure data on in-vehicle networks with enhanced Secure Hardware Extension (eSHE) support, preventing unauthorized connections to electronic control units (ECUs). The new Traveo series continues Cypress’s expansion of its broad automotive portfolio that includes MCUs, wireless radios, memories, capacitive-touch solutions and Power Management ICs (PMICs).
The Traveo S6J342xxx series leverage Cypress’s 40nm embedded charge-trap (eCT™) Flash technology for higher performance and reliability. The series delivers rich features and more cost-efficient implementations for body control modules, heating ventilation and air conditioning (HVAC) systems, collision warning systems, gateways and lighting applications. The MCUs are based on an ARM® Cortex®-R5 core with robust, 132-MHz performance and feature up to 1MB of high-density embedded flash for application storage. A unique partial wake-up mode allows the MCUs to minimize average power consumption. Cypress offers a broad range of variations in the series that enables OEM customers to easily develop derivative solutions. More information on the Traveo MCU family is available at http://www.cypress.com/traveo.