NXP Semiconductors [NASDAQ: NXPI] Launch First Multi-Device Vehicle Wireless Charging Solution

NXP Semiconductors N.V [NASDAQ: NXPI] revealed today its first multi-device vehicle wireless charging solution driven by a single MWCT controller is now accessible in production vehicles.

NXP is the leader in automotive wireless charging solutions, now grew its offering to the new 15W wireless power standard. It also enables faster charging.

Shares of NXP soared 0.17%, or +0.22 at $127.53 during the trading of Wednesday. It has a day low and high range of $126.11-$128.42, respectively.

In the past 52-weeks of trading, its stocks have fluctuated between the low of $58.411 and a high of $139.59. NXP’s shares moved up 118.34% and moved down -8.64%.

Looking at its liquidity, it has a return on investment (ROI) of 3.60%. It has a Gross Margin of 50.60%. If we look at its liquidity, its current ratio is 1.70 and a quick ratio is 1.30.

It had a trading volume of 1.42 million as compared to the average volume of 3.89 million. This company has a total market capitalization of 35.59 billion and reported sales of 8.40 billion.

This new solution provides an opportunity to experience differentiated in-car experience to their customers. Thus, Passengers and drivers will be able to charge wirelessly through one console.

Single MWCT device in the vehicle provides carmaker an opportunity to get benefit from a reduced cost and physical footprint for vehicle charging.

The new MWCT series is powered by a unique hybrid DSC core of NXP with dedicated peripherals that allow 2 Qi protocols to run parallel to the same MWCT controller.

NXP MWCT controller family is easy to implement through easily available software and hardware design files. NXP Multi-Device 15W Wireless Charging Solutions has multi-coil supported per channel for expansion of the charging area.

This new solution also optimized safety performance via unique Foreign Object Detection (FOD) methods. Furthermore, it also has patented clean EMC (CEMC) signal processing for CISPR 25 Class 5.