Stellantis (STLA) secures $11.2B in semiconductor chip contracts

onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

July 18, 2023 9:00 AM EDT

BorgWarner will integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power modules for traction inverter solutions to increase performance of electric vehicles

SCOTTSDALE, Ariz. & AUBURN HILLS, Mich.--(BUSINESS WIRE)-- onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product leader in... More

Stellantis Implements Multifaceted Semiconductor Strategy to Ensure Supply Security, Drive Innovation

July 18, 2023 8:02 AM EDT

Stellantis Implements Multifaceted Semiconductor Strategy to Ensure Supply Security, Drive Innovation

Stellantis strategy combines agreements with chip makers for critical semiconductors, purchase of parts, and full visibility of future chip needsSemiconductors play key roles in delivering capabilities and features in upcoming... More

Last Call for Dodge 'Last Call,' Drive Begins for Final Orders of HEMI®-powered 2023 Dodge Challenger and Charger Muscle Cars

July 17, 2023 12:15 PM EDT

AUBURN HILLS, Mich., July 17, 2023 /PRNewswire/ -- 

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Impinj Wins Patent Infringement Lawsuits Against NXP Semiconductors; Jury Awards $18 Million

July 17, 2023 9:00 AM EDT

SEATTLE--(BUSINESS WIRE)-- Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced that it prevailed in two RAIN RFID patent-infringement lawsuits. On July 14, a federal jury in California found that NXP Semiconductors (NASDAQ: NXPI) infringed two of Impinjs patents, one willfully. The jury awarded Impinj approximately $18.5M in damages and lost profits. In June, a federal jury in Washington found that Impinj did not infringe an NXP patent on which NXP sued Impinj. The cases stem from a patent-infringement lawsuit... More

Weekly Report (July 7 – July 13, 2023) on the Second Tranche of Stellantis Share Buyback Program

July 14, 2023 12:21 PM EDT

Weekly Report (July 7 July 13, 2023) on the Second Tranche of Stellantis Share Buyback Program

AMSTERDAM, July 14, 2023 - Stellantis N.V. (Stellantis or the Company) announced today that pursuant to its Second Tranche of the Share Buyback Program announced on June 7, 2023, covering up to 500 million to be executed in the open market during the period between June 7, 2023 and September 7, 2023, it has repurchased the following common shares in the period between July 7 up to and including July 13, 2023:

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Qualcomm Announces Quarterly Cash Dividend

July 14, 2023 9:00 AM EDT

SAN DIEGO, July 14, 2023 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of... More