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Message: Semiconductor demand spurs merger activity - Automotive News

"Spurred by fast-growing markets for infotainment and collision avoidance, semiconductor suppliers are bulking up with a wave of mergers.

Infineon Technologies AG of Germany -- the world's No. 2 producer of automotive semiconductors -- said in August that it would purchase International Rectifier Corp. of El Segundo, Calif.

Two other semiconductor suppliers -- Qualcomm Inc. of San Diego and ON Semiconductor Corp. of Phoenix -- also recently announced acquisitions.

The mergers come at a time when automakers' demand for semiconductors is climbing. IHS Automotive forecasts global sales of semiconductors will total $36 billion in 2018, up from $26 billion last year.

In fact, the luxury segment has developed an insatiable appetite for semiconductors. While the average vehicle might have 15 semiconductors, Buksh says, a luxury flagship might boast 100 or more."

http://www.autonews.com/article/20141117/OEM01/311179990/semiconductor-demand-spurs-merger-activity?utm_medium=referral&utm_source=t.co

I am speculating that Freescale is interested in a Poet automotive application. (P2 referenced Poet making in-roads with a potential partner/customer in Austin, Tx)

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