1. NXP announces collaboration with ZF on SiC-based traction inverters to boost electric vehicle powertrains. 

NXP Semiconductors NV has recently announced a partnership with ZF Friedrichshafen AG, a prominent leader in electric mobility, to develop advanced SiC-based traction inverter solutions for electric vehicles (EVs). Utilizing NXP’s state-of-the-art GD316x high voltage isolated gate driver, these solutions aim to expedite the adoption of 800-Volt systems and SiC power devices. The enhanced traction inverters supported by the GD316x line are designed to improve EV range, reduce charging intervals, and lower overall costs for OEMs.  

Robert Li, Senior Vice President and General Manager of Electrification at NXP, emphasized the collaborative effort with ZF in advancing electronic power systems for future EVs. The GD316x gate drivers integrate multiple protective features and optimize the advantages of high-voltage SiC power switches, making them ideal for traction inverter solutions, particularly those utilizing ZF’s new SiC technology. This partnership underscores NXP’s commitment to delivering cutting-edge solutions that enable OEMs to achieve their performance and sustainability objectives in electric vehicles. 

 Overall, the collaboration between ZF and NXP represents a significant stride towards accelerating the electrification of the automotive industry, aiming to create safer, more sustainable, and energy-efficient electric vehicles for the future. 

Learn more: NXP announces collaboration with ZF on SiC-based traction inverters to boost eletric vehicle powertrains 

2. Global semiconductor sales increased 15.8% year-on-year in April, 2024 

According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor industry revenue reached $46.4 billion in April 2024, marking a 15.8% increase compared to $40.1 billion in April 2023, and a 1.1% rise from $45.9 billion in March 2024. 

John Neuffer, President and CEO of SIA, highlighted that the semiconductor industry has consistently shown double-digit year-over-year sales growth throughout 2024. April 2024 specifically saw the first monthly increase this year, indicating positive market dynamics. Neuffer also mentioned that the industry’s latest forecast predicts strong annual growth in 2024, driven by robust sales in the Americas market, projected to grow over 25% this year. 

Regionally, compared to April last year, sales in April 2024 increased in the Americas (32.4%), China (23.4%), and Asia Pacific/All Other regions (11.1%), but decreased in Europe (-7.0%) and Japan (-7.8%). On a monthly basis, April 2024 sales rose in the Americas (4.2%), Japan (2.4%), and China (0.2%), while declining in Asia Pacific/All Other regions (-0.5%) and Europe (-0.8%). 

Learn more: Global semiconductor sales increased 15.8% year-on-year in April,2024 

3. Indie Semiconductor is looking for potential buyers 

According to the information, Indie Semiconductor is exploring strategic options including finding a buyer.  

Indie Semiconductor, based in Aliso Viejo, California, is currently exploring strategic options that include seeking a potential buyer. Specializing in semiconductors and software for driver assistance systems and autonomous vehicles, Indie Semiconductor acquired GEO Semiconductor in 2023, known for its video processors used in automotive cameras. 

The company is collaborating with an advisor to generate interest from potential buyers, with indications that industry players and private equity firms are among those interested. It remains unclear whether these discussions will culminate in a transaction, and Indie Semiconductor retains the option to continue operating independently. 

Learn more: Indie Semiconductor is looking for potential buyers

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