indie Semiconductor, Inc. (NASDAQ: INDI) shares are rising on the charts following the announcement of a strategic partnership. During premarket trading, INDI stock climbed 7.25%, reaching $2.81, signaling investor optimism about the company’s latest collaboration.
Collaboration for the Development of High-Performance Radar SoCs
Independent Semiconductor and GlobalFoundries (NASDAQ: GFS) (GF) have partnered to expand the company’s line of high-performance radar system-on-chips (SoCs). These cutting-edge SoCs are made with GF’s 22FDX architecture and are intended for radar applications operating at 77 GHz and 120 GHz, serving the automotive and industrial industries.
Global vehicle safety laws, customer preferences for advanced driver assistance systems (ADAS), and developing new automobile evaluation programs are the main causes of the growing need for automotive radar technology. At least four radar sensors are anticipated to be included in future car models, and next-generation cars may double this figure.
Enhanced Radar Solutions for Automotive Safety
indie’s 77 GHz radar SoCs enhance vehicle safety features like automated parking systems, blind spot detection (BSD), automatic emergency braking (AEB), and forward collision warning (FCW) by supporting both short-range and long-range detection applications. Serving many automakers, the company’s 77 GHz radar system is presently in the advanced design-in stage with a Tier 1 supplier.
Meanwhile, indie’s 120 GHz SoCs are tailored for in-cabin monitoring, offering high-resolution and precision over short distances. These solutions facilitate occupant detection and vital sign monitoring, including heartbeat and respiration tracking. First customer samples for this solution are already available, highlighting indie’s progress in next-generation automotive safety.
Cutting-Edge Technology with Cost-Effective Implementation
A key challenge in radar development has been delivering high performance while maintaining cost efficiency and seamless hardware-software integration. indie Semiconductor has successfully addressed these concerns, offering class-leading radar solutions that reduce costs and system footprints.
GF’s automotive-qualified 22nm fully depleted silicon-on-insulator (SOI) process technology underpins these innovations, delivering FinFET-class efficiency while ensuring optimal power, performance, and area (PPA) characteristics.
Strengthening Market Position in the Semiconductor Industry
indie Semiconductor’s long-standing collaboration with GlobalFoundries has paved the way for advancements in radar-based ADAS solutions. By combining indie’s cutting-edge design expertise with GF’s manufacturing capabilities, the partnership aims to deliver cost-effective, high-performance safety technologies for automotive and industrial applications.
Currently, INDI holds an “Undervalued” valuation with an ST score of 45 on our screener. Investors looking for more Semiconductor stocks with similar potential can explore further opportunities through our ST screener link.