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ISuppli: Global Shipments Of Built-In Car Wi-Fi To Soar

DOW JONES NEWSWIRES Global shipments of built-in car Wi-Fi systems are set to soar, according to research firm iSuppli Corp., as auto makers increasingly view wireless connectivity as a "key competitive differentiator." Worldwide automotive original equipment manufacturer shipments of Wi-Fi systems are expected to rise to 7.2 million units in 2017, up dramatically from just 174,000 this year, iSuppli said. "Wi-Fi in the car is a hot topic these days, with major OEMs noticeably incorporating it into new-model releases," said iSuppli analyst Stacey Oh. "Whereas Wi-Fi was an aftermarket accessory in the past, OEMs now are touting it as a key offering." For example, Ford Motor Co. (F) it turning its vehicles into Wi-Fi hot spots with the next generation of its Sync in-car connectivity system. MyFord is able to incorporate in-car Wi-Fi connectivity, powered by any customer's existing USB mobile broadband modem. Meanwhile, European OEMs are taking a different route, according to iSuppli. Marvell Technology Group Ltd. (MRVL) and Harman International Industries Inc. (HAR) in August announced integrated Wi-Fi connectivity via Marvell Mobile Hotspot technology, with the 2010 Audi A8 as the first vehicle on the market to feature the factory-installed mobile hotspot. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

Stock News for Marvell (MRVL)
DateTimeHeadline
05/21/201516:22:15Current Report Filing (8-k)
05/21/201516:10:00Marvell Technology Group Ltd. Announces Chief Financial Officer...
05/21/201516:07:33Current Report Filing (8-k)
05/21/201516:05:00Marvell Technology Group Ltd. Reports First Quarter of Fiscal...
05/19/201506:02:24Additional Proxy Soliciting Materials (definitive) (defa14a)
05/19/201506:02:23Proxy Statement (definitive) (def 14a)
05/18/201508:19:00China Unicom Launches World's First 399RMB 5" 4G LTE XiaoLaJiao...
05/06/201517:00:26NVIDIA Corporation Finally Ditches Icera
05/06/201516:01:20NVIDIA Corporation Finally Ditches Icera
05/06/201512:00:02Intel Corporation Didn't Win the Wi-Fi Spot Inside the Microsoft...
05/04/201508:00:00Marvell Unveils Industry-Leading ZigBee Wireless Microcontroller...
05/01/201518:48:43Cowen and Company Reiterates "Outperform" Rating for Marvell...
04/30/201509:12:43Marvell Technology Group Receives "Buy" Rating from TheStreet...
04/29/201503:49:32JMP Securities Lowers Marvell Technology Group to Underperform...
04/27/201518:12:21Marvell Technology Group Rating Lowered to Hold at Credit Suisse...
04/27/201518:12:19Marvell Technology Group Rating Lowered to Hold at Benchmark...
04/27/201515:19:32Brean Capital Analysts Give Marvell Technology Group a $16.00...
04/27/201515:19:23Marvell Technology Group Cut to Hold at Deutsche Bank (MRVL)
04/27/201515:19:20Raymond James Downgrades Marvell Technology Group to Buy (MRVL)
04/27/201513:53:50MARKET SNAPSHOT: U.S. Stocks Struggle To Trade Higher After Records

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