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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; [email protected]

Stock News for Marvell (MRVL)
03/16/201716:18:47Current Report Filing (8-k)
03/16/201716:05:00Marvell Technology Group Ltd. Declares Quarterly Dividend Payment
03/13/201708:30:00Marvell Introduces Groundbreaking Modular Approach to 10GbE and...
03/02/201716:13:16Current Report Filing (8-k)
03/02/201716:05:00Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal...
02/27/201708:00:00Marvell Technology Group Ltd. Announces the Appointment of Gary...
02/14/201711:42:56Amended Statement of Ownership (sc 13g/a)
02/14/201706:12:56Amended Statement of Ownership (sc 13g/a)
02/10/201713:20:03Amended Statement of Ownership (sc 13g/a)
02/08/201708:00:00Marvell Technology Group Ltd. Announces Conference Call to Review...
02/03/201716:38:18Initial Statement of Beneficial Ownership (3)
01/18/201708:00:00Marvell to Hold Investor Day on March 10, 2017
01/17/201708:00:00Marvell Recognized as Top 100 Global Innovator for Fifth Consecutive...
01/05/201708:00:00Marvell Showcasing its Leadership in Storing, Moving and Accessing...
12/19/201617:27:09Statement of Changes in Beneficial Ownership (4)
12/15/201616:16:30Initial Statement of Beneficial Ownership (3)
12/13/201616:50:04Current Report Filing (8-k)
12/13/201616:30:00Marvell Technology Group Ltd. Announces the Appointment of Tudor...
12/12/201608:00:00Marvell Technology Group Ltd. Announces the Appointment of Thomas...
12/09/201618:25:58Statement of Changes in Beneficial Ownership (4)

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