indie Semiconductor officially opens Dresden Center of Excellence

Improves local support for OEMs and Tier 1s in Europe’s largest automotive manufacturing region

ALISO VIEJO, Calif., July 18, 2022–(BUSINESS WIRE)–Indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has officially opened its Engineering Center of Excellence (CoE) in Dresden, Germany. The center is one of a series of European facilities the company is creating or expanding as part of its strategy to provide local technical support to a rapidly growing base of OEM and Tier 1 automotive customers. in the EMEA (Europe, Middle East and Africa) Region.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220718005267/en/

indie Semiconductor officially opens Dresden Center of Excellence. (Photo: BusinessWire)

Dresden CoE’s engineering teams develop and support mixed-signal semiconductor solutions deployed in products for vehicle electrification and driver safety and automation applications. Drawing on decades of mixed-signal engineering expertise, Dresden CoE provides functional safety design support, including the highest ASIL D level requirements and custom solutions. The technologies are improving the driver and passenger experience and accelerating the mass market deployment of highly integrated LiDAR, radar, computer vision and ultrasonic sensor solutions.

The Dresden office, first established in 2020, officially opened with a welcome ceremony, company presentation and facility tour, attended by independent CEO Donald McClymont and independent executive staff , as well as Mr. Dirk Hilbert, Mayor of the City of Dresden. With over 30 employees to date, the Dresden plant has grown rapidly, bringing the total number of engineers in the EMEA region to over 100. indie’s EMEA design facilities are located in Scotland, Israel, Germany and Hungary.

“Europe is the second largest automotive market in the world and accounts for approximately 20% of global production and sales,” said Donald McClymont, co-founder and CEO of Indie. “By expanding our footprint in Germany, the Dresden CoE plays an important role in our strategy to provide high quality local resources in a country known for automotive excellence.”

Brendan McKearney, VP Sales and Business Development of Indie, EMEA, adds “Local support from Dresden and our EMEA facilities, and direct access to our engineering teams allows for an unparalleled level of intimacy with clients, helping clients meet their ambitious project schedules and goals.”

At the event, Dresden City Mayor Dirk Hilbert said, “A budding semiconductor company from California decides to establish its German headquarters in Dresden. Just two years later, a team of 30 experts are already developing pioneering circuits for large rooms. of the automotive world here. Indie Semiconductor’s growth story is a remarkable success for the company and the site.

Dr. Robert Franke, Head of the Office of Economic Development, adds: “Independent chip designer Semiconductor is already one of Silicon Saxony’s hidden champions. The market outlook is promising and as a partner we support the company and support its ambitious growth plans.”

The opening of the Dresden CoE offers multiple career opportunities in engineering and other disciplines. To learn more, please visit www.indiesemi.com/careers.

About indie

indie powers the Autotech revolution with next-generation automotive semiconductors and software platforms. We focus on edge sensors covering multiple modalities including LiDAR, radar, ultrasonic and vision for advanced driver assistance systems (ADAS), user experience and electrification applications. These technologies represent essential foundations for electric and autonomous vehicles, while our advanced user interfaces enabled by our mixed-signal SoCs transform the in-cab experience to mirror and seamlessly connect to the mobile platforms we rely on every day. . We are an approved supplier for Tier 1 Partners and our solutions can be found at renowned automotive OEMs worldwide. Based in Aliso Viejo, Calif., indie has design centers and sales offices in Austin, TX; Boston, Massachusetts; Detroit, Michigan; San Francisco and San Jose, California; Cordoba, Argentina; Budapest, Hungary; Dresden and Munich, Germany; Cambridge, England; Edinburgh, Scotland; Haifa, Israel; Quebec, Canada; Tokyo, Japan and several locations across China.

Safe Harbor Statement

This communication contains “forward-looking statements” (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended). Such statements include, but are not limited to, statements regarding our future business and our financial performance and prospects, as well as other statements identified by words such as “will likely result”, “expects”, ” anticipates”, “estimates”, “believes”, “intends”, “plans”, “projects”, “outlooks”, “should”, “could”, “could” or words with a similar meaning. These forward-looking statements are based on the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results included in these forward-looking statements. In addition to the factors previously disclosed in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the SEC on April 11, 2022 and in our other public reports filed with the SEC (including those identified under “Risk Factors”), the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: the impact of the COVID-19; the impact of Russia’s invasion of Ukraine; our reliance on contract manufacturing and outsourced supply chain and the availability of semiconductors and manufacturing; competitive products and pricing pressures; our ability to win competitive bid selection processes and obtain additional designs; the impact of any acquisitions what we might do, including our ability to successfully integrate acquired businesses and the risks that the anticipated benefits of any acquisition may not be fully realized or may take longer to realize than expected; our ability to develop, market and gain acceptance for new and improved products and to expand into new technologies and new markets; trade restrictions and trade tensions; our ability to build, staff and integrate new design, test, sales and marketing facilities worldwide; and political and economic instability in our target markets. All forward-looking statements contained in this press release are expressly qualified in their entirety by the foregoing cautionary statements.

Investors are cautioned not to place undue reliance on the forward-looking statements contained in this press release, the information set forth herein speaks only as of the date hereof. We do not undertake, and we expressly disclaim any intention or obligation, to update any forward-looking statements made in this announcement or in our other public documents, whether as a result of new information, future events or otherwise, except if required by law. .

#indie_Corporate

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220718005267/en/

contacts

Investor Relations
[email protected]

Comments are closed.