Actionable news
All posts from Actionable news
Actionable news in NXPI: NXP Semiconductors N.V.,

NXP Semiconductors Says Its BlueBox Computing Engine Will 'Advance The State Of Autonomous Vehicles'

NXP Semiconductors Says Its BlueBox Computing Engine Will 'Advance The State Of Autonomous Vehicles' - NXP Semiconductors N.V. NASDAQ:NXPI

NXP Semiconductors NV (NASDAQ: NXPI), a provider of semiconductor products, announced on Monday it has achieved a "significant milestone" within the self-driving vehicle space.

NXP Semiconductors touted its "comprehensive and highly manufacturable autonomous vehicles platform," which leverages its new BlueBox engine that deploys NXP silicon and software solutions at each ADAS node.

"The system demonstration incorporates the BlueBox central computing engine, together with radar, lidar, and vision sensing, as well as an onboard secure V2X system," the company expanded.

NXP Semiconductor noted that its technology is now in ramping up in volume and is already in customers' hands at four of the five largest auto manufacturers in the world. The autonomous vehicle systems consist of multiple streams of sensor data that are routed to its BlueBox engine and then fused to create a 360-degree world model around the vehicle.

The company added that its BlueBox engine for autonomous vehicles is an open-platform, Linux-based solution programmable in linear C language. As such, auto manufacturers can customize the technology to their specific needs for optimal product differentiation.

"With this industry-first platform, NXP is leveraging its worldwide automotive silicon leadership to dramatically advance the state of autonomous vehicles," said Kurt Sievers, executive vice president and general manager of NXP's automotive business. "Our systems-level expertise, deep understanding of complex ADAS engineering challenges, and broad portfolio of NXP products meeting automotive-grade (ISO 26262-level) functional safety requirements, all position NXP as the definitive silicon provider capable of single-handedly speeding the readiness and availability of the self-driving cars of tomorrow."

© 2016 Benzinga does not provide investment advice. All rights reserved.