- NXP Semiconductors NV (NASDAQ:NXPI) said NIO Inc (NYSE:NIO) will leverage its automotive radar technology, including imaging radar solution.
- NXP’s latest 4D imaging radar solution significantly improves front radar performance in today’s vehicles.
- The cars will be able to detect and classify objects such as other vehicles and vulnerable road users in high-way and complex urban scenarios and at distances of up to 300 meters.
- NXP’s imaging radar technology expands radar’s capabilities from measuring range and speed, to include direction, angle of arrival, and elevation measurement.
- Price Action: NXPI shares closed higher by 1.39% at $166.01 on Monday.
- Photo Via Company
Here’s How Much You Would Have Made Owning Marsh & McLennan Stock In The Last 10 Years
Marsh & McLennan (NYSE:MMC) has outperformed the market over the past 10 years by 4.54% on an annualized…