Inventory pileup adds pressure on German chipmaker Infineon Technologies AG’s margins

Given that Infineon’s high-performance power chips have an ubiquitous usage, the chipmaker has a bright future despite small road bumps. On Tuesday, German chipmaker Infineon Technologies AG stated, a slump in demand which had led to increased inventory levels is likely to plateau only this summer; this means that till then its profit margins will…

Continental joins Intel, BMW and Mobileye led self-driving platform

This collaborative effort will shift into production gear in 2021. On Tuesday Continental disclosed it would be join the self-driving platform pioneered by Intel, BMW and Mobileye in efforts aimed at integrating the handling of components and software. This integration of hardware and software data has accelerated the pace of development of self-driving vehicles and…