Financial PerformanceManagement expresses confidence in expanding gross margins to over 50% soon, supported by operational efficiencies and a favorable pricing and cost environment.
Market OpportunityAllegro Microsystems sees a significant market opportunity in the auto sector with a $12 billion serviceable available market by 2030, driven by high growth in e-mobility sectors like electric vehicles and advanced driver assistance systems.
Product PortfolioAllegro Microsystems has a competitive advantage with the broadest magnetic sensing portfolio, offering significant bundling opportunities and developing advanced technologies.