Strong Automotive Sales Growth
Automotive sales returned to growth with an 8% sequential increase, led by e-mobility sales which increased 16% sequentially.
Record-Level Design Wins
Achieved record-level design wins in Q4, with over 70% in strategic focus areas such as e-mobility, robotics, automation, data center, clean energy, and medical.
Innovative Product Releases
Released 50% more products compared to the IPO year, contributing to a multibillion-dollar SAM expansion initiative targeting a $12 billion market opportunity.
Data Center and Robotics Growth
Growth observed in data center and robotics and automation revenue, supported by increased activity in industrial markets.
Operational Efficiency Initiatives
Initiated a restructuring program expected to result in annualized cost savings of at least $15 million, enhancing gross margins and profitability.