Shares of Cypress Semiconductor Corporation (NASDAQ:CY) ended Friday session in red amid volatile trading. The shares closed down -0.11 points or -0.93% at $11.78 with 2,400,729 shares getting traded. Post opening the session at $11.84, the shares hit an intraday low of $11.77 and an intraday high of $11.94 and the price vacillated in this range throughout the day. The company has a market cap of $3.75 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.
“Cars are becoming more connected both externally and internally, and for in-vehicle networking, our automotive customers are looking for faster performance with robust security to prevent ECUs from being hacked,” said Takeshi Fuse, senior vice president of the Automotive Business Unit at Cypress. “Our new 40nm Traveo MCUs with CAN FD and eSHE support are optimized to enable secure, high-speed, in-vehicle networking to a wide range of body electronics applications. The devices add to the scalability of our Traveo platform, and to Cypress’s unique ability to serve as a one-stop resource for our customers to develop cost-effective system solutions with advanced functionality.”
Shares of Mobileye NV (NYSE:MBLY) ended Friday session in red amid volatile trading. The shares closed down -0.49 points or -1.13% at $42.87 with 2,378,465 shares getting traded. Post opening the session at $44.06, the shares hit an intraday low of $42.69 and an intraday high of $44.06 and the price vacillated in this range throughout the day. The company has a market cap of $9.29 billion and the numbers of outstanding shares have been calculated to be 218.85 million shares.
On Sept. 21, 2016 WABCO Holdings Inc. (WBC), a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, and Mobileye N.V. (MBLY), a global leader in Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) technologies, announced that they are joining forces to develop solutions for commercial vehicles that leverage advanced emergency braking ADAS functionalities and Mobileye’s REM technology that provides real-time data for precise localization and high-definition lane data.
The solutions will combine Mobileye’s leading vision system and mapping technology with the control and actuation technologies from WABCO’s industry-leading portfolio of electronic braking, stability and emergency braking systems in combination with capability for active steering control. The WABCO-Mobileye solution will benefit commercial vehicle manufacturers and operators through more advanced safety capability to help reduce the risk of accidents.
Furthermore, it is expected that, through this cooperation, REM data from this vision system in vehicles will be integrated with real-time data gathered from WABCO’s rich onboard source of digital information about the vehicle’s systems and its performance – all of which will be streamed for cloud-based computing and off-vehicle data analytics support.
“Our partnership with industry-leading Mobileye exemplifies our continued technology leadership in advanced driver assistance systems, and it supports WABCO’s pole position to create a ‘cocoon of safety’ around the commercial vehicle through 360-degree sensor detection,” said Jacques Esculier, WABCO Chairman and Chief Executive Officer. “Mobileye provides major innovation for passenger cars, allowing us to bring this level of intelligence to support commercial vehicles.”