- 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.
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Rogers, Airbnb, Herbalife And Some Other Big Stocks Moving Lower On Wednesday
U.S. stocks traded lower, with the Nasdaq Composite dropping more than 100 points on Wednesday. Here are some big stocks recording losses in today’s session.
