indie Semiconductor: A Close Look At Profitability

Hiroshi Watanabe indie Semiconductor (NASDAQ:INDI) designs semiconductors and components for automotive compute. indie's main business is in making processors for ADAS (advanced driver assistance systems) that use data from various sensors like cameras, radar, and LiDAR. indie also makes systems for cabin experience elements like lighting and wireless charging, and is making inroads in automotive electrification. indie's revenue doubled in 2023 and has more than quadrupled since 2021. Margins have also impr ...