Can NXPI's Expanding Portfolio & Clientele Push the Stock Higher?

NXP Semiconductors (NXPI) recently unveiled the Trimension NCJ29Dx family. The product enables handsfree secure car access with precise and secure real-time localization as required by leading premium car manufacturers through smart mobile devices and other Ultra-Wideband (UWB)-based features. The NCJ29Dx family, touted to be the industry's broadest UWB portfolio, will lay the technology base for Audi's advanced new UWB platform. NXPI's Trimension UWB platform enables OEMs to deliver new features for driver ...