|Bid||128.78 x 1200|
|Ask||127.69 x 1100|
|Day's Range||122.19 - 129.21|
|52 Week Range||38.69 - 147.55|
|Beta (5Y Monthly)||2.12|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 28, 2021 - May 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 25, 2016|
|1y Target Est||134.85|
NEW YORK, NY / ACCESSWIRE / February 18, 2021 / Visteon Corp. (NASDAQ:VC) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 18, 2021 at 9:00 AM Eastern Time.
$787 million Q4 net sales; 5% Y/Y increase excluding currencyNet income of $18 million in Q4 or $0.64 per diluted shareAdjusted net income of $30 million in Q4 or $1.06 per diluted shareAdjusted EBITDA of $75 million, 9.5% of sales in Q4$1.4 billion in Q4 new business wins, including a battery management system award$151 million net cash position at year end and no near-term debt maturities VAN BUREN TOWNSHIP, Mich., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today announced fourth-quarter net sales of $787 million, representing a year-over-year increase of 5% excluding the impact of currency, while Visteon’s top customers' production decreased 2% year over year. Visteon’s sales performance represented a 7% growth over market compared to its top customers. Gross margin in the fourth quarter was $89 million, and net income attributable to Visteon was $18 million. Adjusted EBITDA, a non-GAAP measure as defined below, was $75 million for the fourth quarter of 2020 or 9.5% of sales. The company won $1.4 billion in new business during the fourth quarter, for a total of $4.6 billion in 2020. Visteon launched 11 new products in the fourth quarter, 55 in total for 2020, which contributed to the company’s continued growth over market. Visteon continued its momentum in battery management systems with an additional global OEM win, and also expanded its digital content in the two-wheeler market with a new customer for its digital cockpit technology. It also benefited from the industry move toward larger and more complex displays with a multi-display and integrated digital cluster win with a Japanese automaker. Cash from operations for the twelve months ended December 31, 2020 was $168 million and capital expenditures were $104 million. Adjusted free cash flow, a non-GAAP financial measure as defined below, was $96 million for the full year, compared to $56 million in 2019. Visteon's full-year 2021 guidance projects sales in the range of $2.875 billion to $3.025 billion, adjusted EBITDA in the range of $230 million to $270 million, and adjusted free cash flow in the range of $35 million to $65 million. The 2021 sales guidance reflects current customer and supplier communication regarding the semiconductor shortages. "In 2021, we anticipate sales will increase approximately 16% year over year, driven by the rebound in industry production volumes and continued growth over market due to new product launches," said President and CEO Sachin Lawande. "Visteon is on schedule to launch more than 50 new products this year, which are projected to generate more than $7 billion dollars in lifetime revenue, and positions us well to achieve our 2023 targets." About Visteon Visteon is a technology leader in automotive electronics dedicated to creating a more enjoyable, connected and safe driving experience. Our platforms leverage proven, scalable hardware and software solutions that enable the digital, electric and autonomous evolution of our global automotive customers. Visteon products align with key industry trends and include digital instrument clusters, displays, Android-based infotainment systems, domain controllers, advanced driver assistance systems (ADAS) and battery management systems. The company is headquartered in Van Buren Township, Michigan, and has approximately 10,000 employees at more than 40 facilities in 18 countries. Visteon reported sales of approximately $2.5 billion and booked $4.6 billion of new business in 2020. Learn more at https://investors.visteon.com/. Conference Call and Presentation Today, Thursday, Feb. 18, at 9 a.m. ET, the company will host a conference call for the investment community to discuss the quarter’s results and other related items. The conference call is available to the general public via a live audio webcast. The dial-in numbers to participate in the call are: U.S./Canada: 866-411-5196 Outside U.S./Canada: 970-297-2404Conference ID: 5096046 (Call approximately 15 minutes before the start of the conference.) The conference call and live audio webcast, related presentation materials and other supplemental information will be accessible in the Investors section of Visteon’s website. A replay of the conference call will be available through the company’s website or by dialing 855-859-2056 (toll-free from the U.S. and Canada) or 404-537-3406 (international). The conference ID for the phone replay is 5096046. The phone replay will be available for one week following the conference call. __Use of Non-GAAP Financial Information Because not all companies use identical calculations, adjusted gross margin, adjusted SG&A, adjusted EBITDA, adjusted net income, adjusted EPS, free cash flow and adjusted free cash flow used throughout this press release may not be comparable to other similarly titled measures of other companies. In order to provide the forward-looking non-GAAP financial measures for full-year 2021, the company is providing reconciliations to the most directly comparable GAAP financial measures on the subsequent slides. The provision of these comparable GAAP financial measures is not intended to indicate that the company is explicitly or implicitly providing projections on those GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the company at the date of this press release and the adjustments that management can reasonably predict. Forward-looking Information This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends," "estimates," "forecasts" and similar expressions identify certain of these forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to: continued and future impacts of the coronavirus (COVID-19) pandemic on our financial condition and business operations including global supply chain disruptions, market downturns, reduced consumer demand and new government actions or restrictions;significant or prolonged shortage of critical components from our suppliers, including but not limited to semiconductors, and particularly those who are our sole or primary sources;conditions within the automotive industry, including (i) the automotive vehicle production volumes and schedules of our customers, (ii) the financial condition of our customers and the effects of any restructuring or reorganization plans that may be undertaken by our customers, including work stoppages at our customers, and (iii) possible disruptions in the supply of commodities to us or our customers due to financial distress, work stoppages, natural disasters or civil unrest;our ability to execute on our transformational plans and cost-reduction initiatives in the amounts and on the timing contemplated;our ability to satisfy future capital and liquidity requirements; including our ability to access the credit and capital markets at the times and in the amounts needed and on terms acceptable to us; our ability to comply with financial and other covenants in our credit agreements; and the continuation of acceptable supplier payment terms;our ability to access funds generated by foreign subsidiaries and joint ventures on a timely and cost-effective basis;general economic conditions, including changes in interest rates and fuel prices; the timing and expenses related to internal restructurings, employee reductions, acquisitions or dispositions and the effect of pension and other post-employment benefit obligations;increases in raw material and energy costs and our ability to offset or recover these costs; increases in our warranty, product liability and recall costs or the outcome of legal or regulatory proceedings to which we are or may become a party;changes in laws, regulations, policies or other activities of governments, agencies and similar organizations, domestic and foreign, that may tax or otherwise increase the cost of, or otherwise affect, the manufacture, licensing, distribution, sale, ownership or use of our products or assets; andthose factors identified in our filings with the SEC (including our Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as updated by our subsequent filings with the Securities and Exchange Commission). Caution should be taken not to place undue reliance on our forward-looking statements, which represent our view only as of the date of this release, and which we assume no obligation to update. The financial results presented herein are preliminary and unaudited; final financial results will be included in the company's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2020. New business wins and rewins do not represent firm orders or firm commitments from customers, but are based on various assumptions, including the timing and duration of product launches, vehicle production levels, customer price reductions and currency exchange rates. Follow Visteon https://www.linkedin.com/company/visteon https://twitter.com/visteonhttps://www.facebook.com/VisteonCorporationhttps://www.youtube.com/user/Visteonhttp://www.slideshare.net/VisteonCorporationhttps://www.instagram.com/visteon/https://mp.weixin.qq.com/?lang=en_UShttps://m.weibo.cn/u/6605315328http://i.youku.com/u/UNDgyMjA1NjUxNg==?spm=a2h0k.8191407.0.0 Visteon Contacts Media:Dave Barthmuss805email@example.com Investors:Kris Doyle201firstname.lastname@example.org VISTEON CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(In millions except per share amounts) (Unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2020 2019 2020 2019 Net sales$787 $744 $2,548 $2,945 Cost of sales(698) (640) (2,303) (2,621)Gross margin89 104 245 324 Selling, general and administrative expenses(53) (54) (193) (221)Restructuring expense, net(7) (2) (76) (4)Interest expense(2) (3) (16) (13)Interest income1 1 5 4 Equity in net income (loss) of non-consolidated affiliates2 (1) 6 6 Other income (expense), net(1) 3 9 10 Income (loss) before income taxes29 48 (20) 106 Provision for income taxes(9) (8) (28) (24)Net income (loss) from continuing operations20 40 (48) 82 Net income (loss) from discontinued operations, net of tax— (1) — (1)Net income (loss)20 39 (48) 81 Net (income) loss attributable to non-controlling interests(2) (4) (8) (11)Net income (loss) attributable to Visteon Corporation$18 $35 $(56) $70 Comprehensive income (loss)$2 $7 $(78) $28 Less: Comprehensive income (loss) attributable to non-controlling interests6 5 15 9 Comprehensive income (loss) attributable to Visteon Corporation$(4) $2 $(93) $19 Earnings per share data: Basic earnings per share Continuing operations$0.65 $1.28 $(2.01) $2.53 Discontinued operations— (0.04) — (0.04)Basic earnings (loss) per share attributable to Visteon Corporation$0.65 $1.24 $(2.01) $2.49 Diluted earnings per share Continuing operations$0.64 $1.28 $(2.01) $2.52 Discontinued operations— (0.04) — (0.04)Diluted earnings (loss) per share attributable to Visteon Corporation$0.64 $1.24 $(2.01) $2.48 Average shares outstanding (in millions) Basic27.8 28.0 27.9 28.1 Diluted28.2 28.2 27.9 28.2 VISTEON CORPORATION AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(In millions) December 31, December 31, 2020 2019ASSETS Cash and equivalents$496 $466 Restricted cash4 3 Accounts receivable, net484 514 Inventories, net177 169 Other current assets180 193 Total current assets1,341 1,345 Property and equipment, net436 436 Intangible assets, net127 127 Right-of-use assets172 165 Investments in non-consolidated affiliates60 48 Other non-current assets135 150 Total assets$2,271 $2,271 LIABILITIES AND EQUITY Short-term debt$— $37 Accounts payable500 511 Accrued employee liabilities83 73 Current lease liability32 30 Other current liabilities209 147 Total current liabilities824 798 Long-term debt, net349 348 Employee benefits322 292 Non-current lease liability146 139 Deferred tax liabilities28 27 Other non-current liabilities92 72 Stockholders’ equity: Common stock1 1 Additional paid-in capital1,348 1,342 Retained earnings1,623 1,679 Accumulated other comprehensive loss(304) (267)Treasury stock(2,281) (2,275)Total Visteon Corporation stockholders’ equity387 480 Non-controlling interests123 115 Total equity510 595 Total liabilities and equity$2,271 $2,271 VISTEON CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) (Unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2020 2019 2020 2019OPERATING Net income (loss)$20 $39 $(48) $81 Adjustments to reconcile net income (loss) to net cash provided from (used by) operating activities: Depreciation and amortization29 26 104 100 Non-cash stock-based compensation5 3 18 17 Equity in net income (loss) of non-consolidated affiliates, net of dividends remitted(1) 1 (5) (6)Other non-cash items6 3 7 8 Changes in assets and liabilities: Accounts receivable13 (50) 51 (33)Inventories(7) 26 (2) 13 Accounts payable(24) 24 (13) 73 Other assets and other liabilities30 (7) 56 (70)Net cash provided from operating activities71 65 168 183 INVESTING Capital expenditures, including intangibles(21) (33) (104) (142)Net investment hedge transactions1 (4) 8 — Loans to non-consolidated affiliate, net of repayments— — 2 11 Other, net(1) 5 (4) 3 Net cash used by investing activities(21) (32) (98) (128)FINANCING Borrowings on debt— — 400 — Principal payments on debt— — (400) — Repurchase of common stock— — (16) (20)Short-term debt, net— (11) (37) (19)Dividends paid to non-controlling interests— (2) (7) (9)Other2 (1) 2 (1)Net cash provided from (used by) financing activities2 (14) (58) (49)Effect of exchange rates13 4 19 (4)Net increase (decrease) in cash, equivalents, and restricted cash65 23 31 2 Cash, equivalents, and restricted cash at beginning of the period435 446 469 467 Cash, equivalents, and restricted cash at end of the period$500 $469 $500 $469 VISTEON CORPORATION AND SUBSIDIARIESRECONCILIATION OF NON-GAAP FINANCIAL MEASURES(In millions except per share amounts) (Unaudited) Adjusted EBITDA: Adjusted EBITDA is presented as a supplemental measure of the Company's performance that management believes is useful to investors because the excluded items may vary significantly in timing or amounts and/or may obscure trends useful in evaluating and comparing the Company's operating activities across reporting periods. The Company defines adjusted EBITDA as net income attributable to the Company adjusted to eliminate the impact of depreciation and amortization, restructuring expense, net interest expense, loss on divestiture, equity in net income of non-consolidated affiliates, gain on non-consolidated affiliate transactions, provision for income taxes, discontinued operations, net income attributable to non-controlling interests, non-cash stock-based compensation expense, and other gains and losses not reflective of the Company's ongoing operations. Because not all companies use identical calculations, this presentation of adjusted EBITDA may not be comparable to similarly titled measures of other companies. Three Months Ended Twelve Months Ended Estimated December 31, December 31, Full YearVisteon:2020 2019 2020 2019 2021Net income (loss) attributable to Visteon Corporation$18 $35 $(56) $70 $63 Depreciation and amortization29 26 104 100 115 Restructuring expense, net7 2 76 4 10 Provision for income taxes9 8 28 24 30 Non-cash, stock-based compensation expense5 3 18 17 18 Net income attributable to non-controlling interests2 4 8 11 10 Interest expense, net1 2 11 9 8 Equity in net income (loss) of non-consolidated affiliates(2) 1 (6) (6) (6)Net (income) loss from discontinued operations, net of tax— 1 — 1 — Other6 3 9 4 2 Adjusted EBITDA$75 $85 $192 $234 $2501 Adjusted EBITDA is not a recognized term under U.S. GAAP and does not purport to be a substitute for net income as an indicator of operating performance or cash flows from operating activities as a measure of liquidity. Adjusted EBITDA has limitations as an analytical tool and is not intended to be a measure of cash flow available for management's discretionary use, as it does not consider certain cash requirements such as interest payments, tax payments and debt service requirements. In addition, the Company uses adjusted EBITDA (i) as a factor in incentive compensation decisions, (ii) to evaluate the effectiveness of the Company's business strategies, and (iii) because the Company's credit agreements use similar measures for compliance with certain covenants. Free Cash Flow and Adjusted Free Cash Flow: Free cash flow and adjusted free cash flow are presented as supplemental measures of the Company's liquidity that management believes are useful to investors in analyzing the Company's ability to service and repay its debt. The Company defines free cash flow as cash flow provided from operating activities less capital expenditures, including intangibles. The Company defines adjusted free cash flow as cash flow provided from operating activities less capital expenditures, including intangibles as further adjusted for restructuring related payments. Free cash flow and adjusted free cash flow include amounts associated with discontinued operations. Because not all companies use identical calculations, this presentation of free cash flow and adjusted free cash flow may not be comparable to other similarly titled measures of other companies. Three Months Ended Twelve Months Ended Estimated December 31, December 31, Full YearTotal Visteon:2020 2019 2020 2019 2021Cash provided from operating activities$71 $65 $168 $183 $125 Capital expenditures, including intangibles(21) (33) (104) (142) (115)Free cash flow$50 $32 $64 $41 $10 Restructuring related payments9 3 32 15 40 Adjusted free cash flow$59 $35 $96 $56 $502 Free cash flow and adjusted free cash flow are not recognized terms under U.S. GAAP and do not purport to be a substitute for cash flows from operating activities as a measure of liquidity. Free cash flow and adjusted free cash flow have limitations as analytical tools as they do not reflect cash used to service debt and do not reflect funds available for investment or other discretionary uses. In addition, the Company uses free cash flow and adjusted free cash flow (i) as factors in incentive compensation decisions and (ii) for planning and forecasting future periods. Adjusted Net Income (Loss) and Adjusted Earnings Per Share: Adjusted net income and adjusted earnings per share are presented as supplemental measures that management believes are useful to investors in analyzing the Company's profitability, providing comparability between periods by excluding certain items that may not be indicative of recurring business operating results. The Company believes management and investors benefit from referring to these supplemental measures in assessing company performance and when planning, forecasting and analyzing future periods. The Company defines adjusted net income as net income attributable to Visteon, adjusted to eliminate the impact of restructuring expense, loss on divestiture, gain on non-consolidated affiliate transactions, discontinued operations, other gains and losses not reflective of the Company's ongoing operations and related tax effects. The Company defines adjusted earnings per share as adjusted net income divided by diluted shares. Because not all companies use identical calculations, this presentation of adjusted net income and adjusted earnings per share may not be comparable to other similarly titled measures of other companies. Three Months Ended Twelve Months Ended December 31, December 31, 2020 2019 2020 2019Net income (loss) attributable to Visteon$18 $35 $(56) $70 Diluted earnings (loss) per share: Net income (loss) attributable to Visteon$18 $35 $(56) $70 Average shares outstanding, diluted28.2 28.2 27.9 28.2 Diluted earnings (loss) per share$0.64 $1.24 $(2.01) $2.48 Adjusted net income (loss) and adjusted earnings (loss) per share: Net income (loss) attributable to Visteon$18 $35 $(56) $70 Restructuring expense, net7 2 76 4 Other, including tax impacts of adjustments5 2 7 3 Income (loss) from discontinued operations, net of tax— 1 — 1 Adjusted net income (loss)$30 $40 $27 $78 Average shares outstanding, diluted28.2 28.2 27.9 28.2 Adjusted earnings (loss) per share$1.06 $1.42 $0.97 $2.77 1 Based on mid-point of the range of the Company's financial guidance.2 Based on mid-point of the range of the Company's financial guidance.
Technology development enhances Visteon’s support to commercialize cockpit connectivity solutions for multiple global applications beginning in 2021First application of new infotainment ecosystem is for ECARX Asia Pacific region Visteon’s industry-leading SmartCore™ cockpit controller based on the 3rd Generation Qualcomm® Snapdragon™ Automotive Cockpit Platforms VAN BUREN TOWNSHIP, Mich., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), ECARX and Qualcomm Technologies, Inc. today announced an initiative to develop intelligent cockpit solutions across conventional and electric vehicle applications. Visteon and ECARX, using Qualcomm® Snapdragon™ Automotive Cockpit Platforms, are working together to develop these intelligent technologies and sharing research to commercialize an integrated cockpit project for a variety of vehicle platforms starting in 2021. Sachin Lawande, president and CEO of Visteon, described digital content as “the battleground” for OEMs as human interfaces becomes more complex and connected technologies are increasingly important to improve the cockpit. “Our cooperation with ECARX and Qualcomm Technologies on intelligent cockpits will offer a compelling new digital experience to users,” Lawande said. “Visteon is pleased with the work we’ve done with ECARX and Qualcomm Technologies. Our teams have undergone rapid development, design and integration together, and are committed to delivering technology and creativity for a high-quality cockpit experience across multiple segments.” As a leading developer of connected car ecosystems, ECARX has made significant achievements in revolutionizing the cockpit experience and is making major investments to establish global platforms. “Our work with Visteon and Qualcomm Technologies delivers world-class performance of our platform and technology as we expand our presence in the global automotive industry,” said Ziyu Shen, ECARX CEO. “ECARX has a leading position in China with a strong and unique ecosystem structure, leading HMI, connectivity and infotainment. This is the latest example of a growth strategy that will continue to create new and global business opportunities by engaging the best digital electronics and software talents in our technology industry.” With the companies’ expertise and processing power, Visteon and Qualcomm Technologies develop intelligent, platform-based solutions that bring scenario-based, personalized automotive cockpit experiences to drivers. Visteon will incorporate the 3rd Generation Snapdragon™ Automotive Cockpit Platforms into its next-generation SmartCore™ cockpit domain control platform, creating an infotainment ecosystem that safely delivers integrity-level information to drivers and advanced driver assistance systems (ADAS). Based on the 3rd Generation Snapdragon Automotive Cockpit Platforms, Visteon’s SmartCore™ further improves the development capability of intelligent cockpits for ECARX’s transition to an intelligent cockpit solution. SmartCore™ independently operates multiple displays and applications throughout the cockpit, keeping occupants informed and entertained. As the first Tier 1 supplier to offer a cockpit domain controller on a production vehicle, Visteon will deliver robust and reliable hardware systems for ECARX global applications. Visteon has worked with Qualcomm Technologies since 2018, focusing on developing next-generation solutions for ECARX. “As Qualcomm Technologies expands its presence throughout the automotive segment, we can bring broader and deeper levels of support to new customers for a more immersive cockpit experience by working with the world-class technical and customer support from Visteon,” said Nakul Duggal, senior vice president and GM, automotive at Qualcomm Technologies, Inc. “We have a long and trusted relationship with Visteon, and we are confident that their strong experience with our products and technologies will allow them to bring effective and comprehensive support to ECARX for our Snapdragon Automotive Cockpit Platforms.” About Visteon Visteon is a global technology company that designs, engineers and manufactures innovative automotive electronics and connected car solutions for the world’s major vehicle manufacturers. Visteon is driving the smart, learning, digital cockpit of the future, to improve safety and the user experience. Visteon is a global leader in cockpit electronic products including digital instrument clusters, information displays, infotainment, head-up displays, telematics, SmartCore™ cockpit domain controllers, the DriveCore™ autonomous driving platform, and wireless battery management systems. Visteon also delivers artificial intelligence-based technologies, connected car, cybersecurity, interior sensing, embedded multimedia and smartphone connectivity software solutions. Headquartered in Van Buren Township, Michigan, Visteon has approximately 10,000 employees at more than 40 facilities in 18 countries. Visteon had sales of approximately $3 billion in 2019. Learn more at www.visteon.com. About ECARX ECARX (ECARX Technology Co., Ltd.) is an automotive intelligence technology company founded by China's leading automotive entrepreneur Mr. Li Shufu and Mr. Shen Ziyu in 2016. With over 1700 members of staff in total located in China offices in Hangzhou, Beijing, Shanghai, Wuhan, Dalian and EU office in Gothenburg, Sweden, ECARX has received strategic investment from Baidu and SIG. ECARX's core products include self-developed vehicle chip-sets, 4G powered intelligent cockpits, intelligent driving, HD map, big data and IoV Cloud products, in addition ECARX is continuously developing an open intelligent connected platform that empowers automotive companies to create a more intelligent and safer mobility experience. Since its launch in late 2018, ECARX’s intelligent connected system has surpassed 2.4 million users globally. About Qualcomm Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. Follow Visteon: https://www.linkedin.com/company/visteon https://twitter.com/visteonhttps://www.facebook.com/VisteonCorporationhttps://www.youtube.com/user/Visteonhttp://www.slideshare.net/VisteonCorporationhttps://www.instagram.com/visteon/https://mp.weixin.qq.com/?lang=en_UShttps://m.weibo.cn/u/6605315328http://i.youku.com/u/UNDgyMjA1NjUxNg==?spm=a2h0k.8191407.0.0 Visteon Media Contact:Dave Barthmussdave.email@example.com ECARX Media Contact:Emily Su firstname.lastname@example.org Qualcomm Media Contact:Claudine Ricanorcricanor@qti.qualcomm.com619-994-6543 Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. Qualcomm Snapdragon Automotive Cockpit Platforms are products of Qualcomm Technologies, Inc. and/or its subsidiaries.