Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Lear Corporation    LEA

LEAR CORPORATION

(LEA)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Lear : s EXO Technology Signs Hyundai as its First Development Partner

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 03:41am EDT

Lear Corporation a global leader in automotive technology, today announced it has signed Hyundai-Kia America Technical Center, Inc. (HATCI) as the first development partner in its EXO Technology Partnership Program.

Lear`s EXO high accuracy vehicle positioning technology is a proprietary Global Navigation Satellite System (GNSS) solution designed to meet the demands of the automotive industry and drive change through increased accuracy, reliability and functional safety in vehicle positioning.

EXO Technology provides best-in-class performance by combining near-instant positioning and high accuracy without the need for base stations, and it does so in some of the most challenging weather and urban canyon environments. The cloud-computing and software-based technology enables the safe deployment of advanced autonomous mobility solutions by working with standard automotive GNSS receivers to deliver fast, centimeter-level accuracy anywhere on the globe.

Beginning in early 2019, HATCI plans to utilize the complete EXO high accuracy vehicle positioning solution, including full access to electronic hardware, on-vehicle sensor fusion software and the cloud-based EXO correction service.

"Lear`s EXO Technology delivers the fastest high-accuracy and globally scalable GNSS vehicle positioning solution purpose-built to meet stringent automotive requirements," said Eric Partington, Vice President, Connectivity at Lear. "The partnership between Lear and HATCI enables advanced safety and autonomous mobility applications utilizing Lear`s proprietary EXO vehicle positioning technology."

The EXO Technology Partnership Program is a collaborative effort between Lear, OEMs and other ecosystem players that provides a full automotive grade solution for V2X and Level 2/3 autonomous driving features. Lear expects to welcome more innovation development partnerships throughout 2019.

(c) 2003-2019 Mehr News Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LEAR CORPORATION
06/17LEAR : Declares Quarterly Cash Dividend
AQ
06/14LEAR : Innovation Ventures Partners with Plug and Play Silicon Valley
AQ
06/13LEAR : Innovation Ventures (LIV) Partners with Plug and Play Silicon Valley
PR
06/11LEAR : Xevo Market and EXO Technology to be Showcased at TU Automotive Detroit
AQ
06/06LEAR CORPORATION : Ex-dividend day for
FA
06/05LEAR : Xevo Market and EXO Technology to be Showcased at TU Automotive Detroit
PR
06/03LEAR : to Participate in RBC Capital Markets Future of Mobility Conference
PR
05/31Auto sector scrambles after Trump threatens Mexican tariffs
RE
05/29LEAR : EXO Technology Signs CARMERA as a Development Partner
PR
05/16LEAR CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
More news
Financials ($)
Sales 2019 21 130 M
EBIT 2019 1 628 M
Net income 2019 1 098 M
Debt 2019 643 M
Yield 2019 2,10%
P/E ratio 2019 7,69
P/E ratio 2020 6,93
EV / Sales 2019 0,42x
EV / Sales 2020 0,40x
Capitalization 8 299 M
Chart LEAR CORPORATION
Duration : Period :
Lear Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LEAR CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 172 $
Spread / Average Target 29%
EPS Revisions
Managers
NameTitle
Raymond E. Scott President, Chief Executive Officer & Director
Henry D. G. Wallace Non-Executive Chairman
Jeffrey H. Vanneste Chief Financial Officer & Senior Vice President
John Absmeier Chief Technology Officer
Conrad L. Mallett Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
LEAR CORPORATION10.52%7 676
DENSO CORP-5.41%30 341
CONTINENTAL AG0.00%27 520
HYUNDAI MOBIS CO., LTD.--.--%17 497
APTIV24.74%17 234
MAGNA INTERNATIONAL INC.1.57%14 072