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January 21, 2014
05:52 EDTVLKAY, NXPINXP Mantis CAN tranceivers approved by Volkswagen for chokeless use in vehicles
NXP Semiconductors (NXPI) announced that Volkswagen (VLKAY) has approved Mantis for use in its vehicles without the need for a common-mode choke, enabling significant system cost savings in applications. With increasing functions being introduced into the car, the performance of a modern IVN becomes increasingly critical to the vehicle's safe and reliable operation, with electro-magnetic emission and immunity against electro-magnetic interference being critical parameters to control. Automotive manufacturers define strict specifications which all transceivers must adhere to before being approved for use in the vehicle. Traditionally, a common-mode choke has been required to reach the performance limits in the application, creating an additional cost of approximately 10c-15c per module.
News For NXPI;VLKAY From The Last 14 Days
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November 24, 2015
05:34 EDTNXPINXP Semiconductors and JAC receives CFIUS clearance
NXP Semiconductors announced that the company has received clearance on the proposed transaction of the sale of its RF Power business to Jianguang Asset Manangement from the Committee on Foreign Investment in the United States. The divesture of the RF Power business is a condition for NXP's merger with Freescale Semiconductor. NXP and JAC Capital are in the final stages of the regulatory approval process in respect of the acquisition by JAC Capital of NXP's RF Power business, which is targeted to close on December 7, next.
November 22, 2015
16:53 EDTVLKAYVolkswagen denies report of low sales, Reuters says
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November 20, 2015
13:17 EDTVLKAYVolkswagen close to securing EUR20B bridge loan, WSJ says
Volkswagen AG is close to approaching 13 international banks for its planned EUR20B bridge loan with the goal of restoring confidence in its creditworthiness, the Wall Street Journal reports, citing people familiar with the matter. The 12-month bridge loan should be finalized by the end of next week, the people noted, adding that banks would take credit portions of between EUR1.5B-EUR2.5B. Reference Link
08:21 EDTVLKAYVolkswagen cuts $1.1B from 2016 investment plan, Reuters reports
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06:04 EDTVLKAYReport: Volkswagen diesel recall to cost less than expected, Reuters says
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November 19, 2015
18:18 EDTVLKAYU.S. to investigate Bosch's role in Volkswagen emission scandal, Reuters says
U.S. authorities are conducting a probe into German auto supplier Bosch's role in Volkswagen AG's emission scandal, Reuters reports, citing people familiar with the matter. Reference Link
12:51 EDTVLKAYVolkswagen to reduce capex amid weakening of labor unions, Reuters says
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10:49 EDTVLKAYVW granted extra time to give full CO2 information to EU, WSJ says
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09:03 EDTVLKAYVolkswagen to suspend five-year plan practice due to scandal, Bloomberg says
Volkswagen may abandon its practice of setting a rolling five-year investment budget in response to the emissions-cheating scandal, said Bloomberg, citing people close to the company's supervisory board. That board, when it meets Friday, will discuss investment cuts as well as possibly shortening its spending plan to three years or less for added flexibility amid the scandal fallout, the report said. Reference Link
06:35 EDTVLKAYVW U.S. plant workers to vote over UAW inclusion, Reuters says
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06:29 EDTVLKAYAudi U.S. president: VW scandal won't diminish Audi sales in U.S., AP reports
Audi (AUDVF) U.S. sales will be largely unaffected by Volkswagen's (VLKAY) emissions cheating scandal, the Associated Press reports, citing comments from Audi of america president Scott Keogh. "We'll have a record November and a record December," Keogh said. Reference Link
06:23 EDTVLKAYVW to give details of emissions scandal in meetings with regulators, WSJ says
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06:15 EDTVLKAYVW says 120,000 diesel owners in U.S. will receive gift cards, Reuters says
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November 18, 2015
20:04 EDTVLKAYVolkswagen appoints Porsche's Steiner as compliance commissioner
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08:31 EDTNXPINXP Semiconductors removed from US 1 List at BofA/Merrill
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08:14 EDTNXPINXP Semiconductors added to Top Pick list at FBR Capital
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November 16, 2015
12:42 EDTVLKAYVW: CO2 manipulations affect more petrol engines than disclosed, Reuters says
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10:25 EDTNXPIUBS trims Apple target, says iPhone partner cut production forecast
Hon Hai, which manufactures Apple's (AAPL) iPhones, expects to assemble significantly fewer iPhones this quarter than in the same period in 2014, UBS wrote in a note to investors today. WHAT'S NEW: Hon Hai Precision Industry, also known as Foxconn, is expected to assemble 10% fewer iPhones this quarter than in the same period in 2014, said UBS analyst Steven Milunovich, citing work from fellow UBS analyst Arthur Hsieh. Previously, companies that supply force touch components for iPhones saw a 10%-15% reduction in their orders, the analyst reported. These developments "are not encouraging," but Apple had previously ordered a large number of iPhones for Q4, according to Milunovich. Overall iPhone demand "could still be decent," he believes. However, the analyst lowered his iPhone sales estimate for Apple's March quarter to 61M from 62.5M, asserting that iPhone sales on China's November 11 Singles Day holiday may have come in below expectations. Based on October search volumes, he continues to believe that demand for iPhone units in the fourth quarter of the calendar year will be 75M, in-line with the consensus outlook. Milunovich trimmed his price target on Apple to $140 from $150 but kept a Buy rating on the shares. WHAT'S NOTABLE In a note to investors on November 10, Credit Suisse reported that it was cutting its estimates for 2016 iPhone sales. The firm expects sales of the device to fall 10.4% in the first quarter versus the same period in 2015, and it predicts that iPhone sales will decline 5.5% year-over-year in 2016. Suppliers with greater than 10% exposure to Apple include Avago (AVGO), SanDisk (SNDK), Analog Devices (ADI), Broadcom (BRCM), Texas Instruments (TXN), NXP Semiconductors (NXPI) and Fairchild (FCS), Credit Suisse reported. The firm said it continues to have a negative view of the smartphone sector. PRICE ACTION: In early trading, Apple added nearly 1% to $113.34.
05:57 EDTVLKAYVolkswagen to buy back cars with emission 'irregularities', Financial Times says
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November 15, 2015
17:58 EDTVLKAYVolkswagen proposed diesel fix cheaper than initially feared, Bloomberg says
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