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Electric vehicles might not be the first things that to come to mind when you think of microchips and semiconductors, but they take a sizable portion of the demand. And as the industry rapidly scales up, insiders are concerned about a possible shortage. Semiconductor producer Infineon Technologies, which has its U.S. headquarters in El Segundo, talks to us about what might be in store in the near future.
🧠 Four Southern California residents are named MacArthur Genius fellows.
🐏L.A. Rams ink a deal with Versus Systems to bring more fan engagement to Sofi Stadium.
👕Football star Tom Brady is launching an L.A.-based clothing brand.
🧪Bioscience startup Nanogen gets FDA 'breakthrough' device designation for its non-invasive bladder cancer tests.
🤑Microsoft's CEO opens up about his company's now defunct deal with TikTok.
Infineon Sees A Surge Coming as EVs Rise
As the White House continues its push for electric vehicles, the demand for semiconductors – a key component in electric vehicles – is about to surge. That spike will mean big business for semiconductor producers, and Infineon Technologies is ramping up to meet demand.
The Pasadena-based startup has acquired NextPro, which films outdoor youth sports and has exclusive rights to record games from nearly 400 of the top soccer and lacrosse event operators. The acquisition will increase the scale of its operations, allowing it to go from streaming hundreds of thousands of games to millions.
Genies' latest hire from the Venice-based social camera company is George "YJ" Tu, a former senior engineer who worked on its Snapchat app and Spectacles camera glasses. But he's not the first to make that jump. "I think we've landed quite a few Snap employees for a few reasons," Genies' CEO said.
We are thrilled to announce the dot.LA Startup Awards 2021, a celebration of the most innovative people and companies in the L.A. startup and tech community. The event will be hosted live on Friday, October 29th, during the dot.LA Summit.
Nominations are open for company submissions in six categories. Get involved and nominate a startup or an individual to win an award by clicking here.
We're looking for Southern California startups that have a product on the market and have raised less than $1 million in funding to pitch at dot.LA's Summit on Thursday, October 28th at 6:00pm PT on the main stage at Fairmont Miramar.