Magna

Magna Brings Next Generation Front Camera Module to Market With European OEM

Retrieved on: 
Monday, September 4, 2023
MSR, HZD, IAA, Senior, Magna International, ECR, Perception, Electronics, Snow, European, TPA, Magna, Safety, Satellite navigation device, Road

Magna’s Gen5 system delivers a scalable, one-box front camera module delivering long range perception and side detection

Key Points: 
  • Magna’s Gen5 system delivers a scalable, one-box front camera module delivering long range perception and side detection
    SAILAUF, Germany, Sept. 04, 2023 (GLOBE NEWSWIRE) -- During its IAA Mobility 2023 press conference, Magna announced the start of production of its innovative Gen5 front camera module system for a European OEM.
  • Magna leveraged its market-leading camera expertise and global manufacturing processes to develop a scalable, one-box front camera module which it will supply to the automaker.
  • The complete forward facing camera system features a wide field of view with opening angles of 120 degrees horizontally and 48 degrees vertically.
  • The camera offers eight megapixels of resolution, a 36 frames per second frame rate and a full colour image.

Global Tier 1 Suppliers Race to Build Comprehensive ADAS/AD Product Matrices with Focus on China

Retrieved on: 
Thursday, August 31, 2023
Valeo, CMS, 3D, Lidar, Continental, Aptiv, SOP, Écu, Vehicle registration plates of Nepal, Build automation, Growth, ADAS, AD, Magna, GB, Fine chemical, 3D printing, Huawei

Foreign Tier 1 suppliers are racing to build a comprehensive ADAS/AD product matrix to meet the demands of global markets, with a strong focus on the booming Chinese market.

Key Points: 
  • Foreign Tier 1 suppliers are racing to build a comprehensive ADAS/AD product matrix to meet the demands of global markets, with a strong focus on the booming Chinese market.
  • The deployment of 4D radars is gaining momentum, and global Tier 1 suppliers are actively seeking first-mover advantages.
  • Global Tier 1 suppliers, along with Chinese counterparts and automakers, have already begun laying out their CMS product strategies.
  • Several global Tier 1 suppliers have unveiled multi-domain/central computing platform solutions, positioning them as successors to domain controller products.

Magna Commits to Achieve Net-Zero by 2050

Retrieved on: 
Tuesday, August 29, 2023
Science, Science Based Targets initiative, SP, Electricity, Carbon, Targets, Government, Natural Resources, Organization, Climate change, Sustainability, Geography, Environment, Magna, Renewable energy

The company’s goal is to achieve net-zero emissions status by 2050, and meet its near-term Scope 1, 2 and 3 targets by 2030.

Key Points: 
  • The company’s goal is to achieve net-zero emissions status by 2050, and meet its near-term Scope 1, 2 and 3 targets by 2030.
  • Magna targets 100% renewable electricity use in Europe by 2025, globally by 2030
    “Magna has focused on creating a better world of mobility, and the company’s pursuit of net-zero emissions reflects this commitment,” said Magna CEO Swamy Kotagiri.
  • Magna has also submitted these near-term targets to the SBTi for validation simultaneously with its net-zero target.
  • For Magna and the rest of the mobility industry to achieve their collective sustainability goals, it will require immense collaboration amongst employees, suppliers, customers, consumers, and partners to ultimately drive scale and reach.

The Global Electric Vehicle (EV) Battery Housing Market to Reach $13.54 Billion by 2032 at a CAGR of 13.14% - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 16, 2023
Other Manufacturing, Technology, EV, Electric Vehicles, Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Other Automotive, Batteries, Carbon, Lithium, ThyssenKrupp, Housing, Constellium, Electronics, Aluminium, Steel, SGL Carbon, Organization, Growth, Magna, Safety, Renault, Electric battery, Recycling, Renewable energy

The report projects the global electric vehicle battery housing market to reach $13.54 billion by 2032, growing at a CAGR of 13.14% during the forecast period 2023-2032.

Key Points: 
  • The report projects the global electric vehicle battery housing market to reach $13.54 billion by 2032, growing at a CAGR of 13.14% during the forecast period 2023-2032.
  • Electric vehicle battery housing is a critical structural component that safeguards and cools the battery pack, protecting the vehicle and occupants in case of battery failure.
  • The electric vehicle battery housing market is rapidly expanding due to the surging demand for electric vehicles.
  • It helps organizations understand market trends, potential partnerships, and untapped revenue opportunities in the electric vehicle battery housing market.

Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum

Retrieved on: 
Wednesday, August 2, 2023
Acceleration, BMW Group Plant Dingolfing, ASIC, Neural network, Marketing, OTA, Intelligence, MRM, BMW 7 Series, RFI, Research, BMW, Orientation, RFQ, Lidar, IMU, SOP, TEL, Radar, Machine learning, Algorithm, Growth, NRE, OEM, Magna, Total, Tier 1, Software, Satellite navigation device, Automotive industry, Industrial design, Cryptocurrency, Video game, Pharmaceutical industry

TEL AVIV, Israel , Aug. 2, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the second quarter ended June 30, 2023 and raised 2023 financial targets.

Key Points: 
  • Innoviz's second SOP launch for 2023 with its shuttle program also continues to make progress, with production shipments planned for the coming months.
  • Innoviz is developing the solution as a Tier-1 supplier and is targeting late 2023 or early 2024.
  • - Began shipping units to new light commercial vehicle program – Innoviz previously announced a new light commercial vehicle program customer in conjunction with the first quarter 2023 earnings announcement.
  • Innoviz management will hold a web conference today, August 2, 2023, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss commercial and strategic updates, financial results for the second quarter ended June 30, 2023 and 2023 financial targets.

CELLCOM ISRAEL LTD. (the "Company") Announcement of A Special General Meeting of The Shareholders of The Company (the "Meeting")

Retrieved on: 
Thursday, July 13, 2023
Transfer, DTC, FICC, Tel Aviv Stock Exchange, Mass meeting, Annual general meeting, Electronic, Report, TASE, Magna, Security (finance), Meeting

An adjourned Meeting, if required, will be held on Monday, August 28, 2023, at the same time and at the same place.

Key Points: 
  • An adjourned Meeting, if required, will be held on Monday, August 28, 2023, at the same time and at the same place.
  • The record date for the Meeting is Thursday, July 20, 2023.
  • Voting through an Electronic voting card shall be possible until six (6) hours before the assembly time of the General Meeting.
  • For this purpose, "time of delivery" is the time on which the voting card and the documents attached thereto arrived at the Company's offices.

Fundraiser Mock Trial Challenge raises $35,300 for Children's Hospital of Philadelphia

Retrieved on: 
Monday, July 10, 2023
Insurance, LLP, Union of Sales and Marketing Professionals, Educational entertainment, CHOP, Chopped, Philadelphia, Borgata, Juvenile idiopathic arthritis, CLE, Marketing, Mock trial, Hospital, Magna, Disease, Children's Hospital of Philadelphia, Nursing

PHILADELPHIA, July 10th, 2023 /PRNewswire-PRWeb/ -- The 9th annual Chopped for CHOP event raised $35,300 for Children's Hospital of Philadelphia (CHOP). The fundraiser CLE conference, produced by Peter Hecht of Magna Legal Services, featured four of the best trial attorneys in the US competing in a mock trial challenge. The program was held on June 21st & 22nd at the Borgata in Atlantic City and was attended by over 200 legal and insurance professionals from across the nation.

Key Points: 
  • Magna Legal Services' 9th annual Chopped for CHOP raised $35,300 for Children's Hospital of Philadelphia.
  • The fundraiser CLE event featured four of the best trial attorneys in the US competing in a Mock Trial Challenge.
  • PHILADELPHIA, July 10th, 2023 /PRNewswire-PRWeb/ -- The 9th annual Chopped for CHOP event raised $35,300 for Children's Hospital of Philadelphia (CHOP) .
  • The fundraiser CLE conference, produced by Peter Hecht of Magna Legal Services , featured four of the best trial attorneys in the US competing in a mock trial challenge.

Innoviz Reports First-Quarter 2023 Results and Updates 2023 Targets

Retrieved on: 
Wednesday, May 17, 2023
Radio Beta RFI, Customer, RFI, MRM, RFQ, Marketing, Lidar, RFQ beam cooler, SOP, TEL, Acquisition, BMW, Administration, NVIDIA, Hyperion, NRE, Safety, Magna, Tier 1 network, Software, Satellite navigation device, Video game, Cryptocurrency, Television, Beauty salon, Mobile phone

TEL AVIV, Israel, May 17, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the first quarter ended March 31, 2023 and updated 2023 commercial and financial targets.

Key Points: 
  • TEL AVIV, Israel, May 17, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the first quarter ended March 31, 2023 and updated 2023 commercial and financial targets.
  • Potential financial contributions from this program are anticipated to begin this year and played an important role in the decision to update previously communicated 2023 commercial and financial targets.
  • This expected expansion of business with one of our largest customers could achieve that, while also offering a meaningful financial contribution for 2023 and beyond."
  • Innoviz management will hold a web conference today, May 17, 2023, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss commercial and strategic updates, financial results for the first quarter ended March 31, 2023 and 2023 operational and financial targets.

CELLCOM ISRAEL LTD. (the "Company") Announcement of An Extraordinary General Meeting of The Shareholders of The Company (the "Meeting")

Retrieved on: 
Wednesday, May 17, 2023
Transfer, DTC, FICC, Tel Aviv Stock Exchange, Mass meeting, Meeting, Annual general meeting, Electronic, TASE, Magna, Security (finance)

An adjourned Meeting, if required, will be held on Thursday June 8, 2023, at the same time and at the same place.

Key Points: 
  • An adjourned Meeting, if required, will be held on Thursday June 8, 2023, at the same time and at the same place.
  • The record date for the Meeting is Sunday May 21, 2023.
  • Voting through an Electronic voting card shall be possible until six (6) hours before the assembly time of the General Meeting.
  • In addition, an Unregistered Shareholder shall be entitled to deliver the certificate of ownership through the Electronic Voting System.

Automotive Camera Tier2 Suppliers Research Report 2022-2023: AI ISPs Set to Become Major Industry Trend

Retrieved on: 
Tuesday, May 2, 2023
Image, Darkness, PureCell System, Intellectual property, Valeo, Largan Precision, OSAT, MIPI, Noise, Internet service provider, Research report, Sunny Optical, ISP, Lens, Fujifilm, Mobileye, Light, OmniVision Technologies, Foot, Intelligence, CIS, Research, HDR, IP, SOC, NIO, ZF, Continental, Aptiv, IPS, CV3, LED, LFM, Socs, Algorithm, CMOS, Architecture, ADAS, AI, Tesla, NXP, AD, Spondias dulcis, Magna, DMS, Camera, Television, Synthetic rubber, Transformer, Medical device, Nvidia, Maxell

DUBLIN, May 2, 2023 /PRNewswire/ -- The "Automotive Camera Tier2 Suppliers Research Report, 2022-2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 2, 2023 /PRNewswire/ -- The "Automotive Camera Tier2 Suppliers Research Report, 2022-2023" report has been added to ResearchAndMarkets.com's offering.
  • Lianchuang Electronic Technology shipped about 8 to 9 million automotive cameras in 2022, and its major customers were Tier1 suppliers such as Valeo, Continental, Aptiv, ZF and Magna.
  • In the future, these old optics companies will take further efforts to seize a share of the automotive camera market.
  • As with the automotive camera industry, downstream manufacturers are Tier 1 suppliers and camera module packaging companies.