CHANDLER, Ariz., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announc...


CHANDLER, Ariz., Feb.  05, 2026  (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced a collaboration with Hyundai Motor Group (HMG) to explore the adoption of advanced in-vehicle network solutions based on 10BASE-T1S Single Pair Ethernet (SPE) technology. This cooperation effort is intended to support the development of more efficient, reliable and scalable vehicle architectures that meet the evolving demands of future mobility.  The rapid advancement of Advanced Driver-Assistance Systems (ADAS) and connected vehicle features is driving the need for robust, high-performance in-vehicle networks. SPE serves as a foundational technology for modern automotive architectures, enabling seamless connectivity across systems. By reducing the need for bridging between multiple standard and proprietary communication buses, SPE significantly simplifies wiring, lowers system costs and streamlines network integration.  As part of this collaboration, Hyundai Motor Group is working together with Microchip on integration of Microchip’s 10BASE-T1S solutions into its future vehicle platforms, particularly in high-growth areas such as electric vehicles, autonomous driving, and smart mobility. The collaboration also includes access to Microchip’s technical support and early product samples to help accelerate time to market and optimize system performance.  “As the automotive industry transitions to software-defined vehicles, the need for high-performance and scalable in-vehicle networks has never been greater. Our comprehensive portfolio of Single Pair Ethernet hardware and software solutions enables customers to reduce cost, risk, and time to market,” said Matthias Kaestner, corporate vice president of Microchip’s automotive, data center and networking business. “Our collaboration with Hyundai will support the development of next-generation in-vehicle network solutions that address the mobility needs of tomorrow.”  “Partnering with Microchip enables us to leverage their Ethernet expertise, to support next-gen vehicle connectivity.” said Hyundai Motor Group. “HMG will accelerate the adoption of 10BASE-T1S technology and enable the next generation of intelligent, connected vehicles.”  10BASE-T1S technology supports multi-drop Ethernet communication over a single twisted pair, extending in-vehicle networking to the edge—connecting devices, actuators and sensors with greater efficiency and cost-effectiveness.  To learn more about Microchip’s Single Pair Ethernet solutions, visit the company’s website.  Resources  High-res images available through Flickr or editorial contact (feel free to publish):   Application image: www.flickr.com/photos/microchiptechnology/55075347077/sizes/l  About Microchip Technology: Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the intersection of emerging technologies and durable end markets. Its easy-to-use development tools and comprehensive product portfolio supports customers throughout the design process, from concept to completion. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support and delivers solutions across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. For more information, visit the Microchip website at www.microchip.com.   Note: The Microchip name and logo, and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.    
            

MCHP

Microchip Technology and Hyundai Motor Group Collaborate to Explore 10BASE-T1S Single Pair Ethernet for Future Automotive Connectivity

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  <section data-block="information">
    <h3>Information</h3>
    <p>CHANDLER, Ariz., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announc...</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Microchip Technology has entered a collaboration with Hyundai Motor Group to develop advanced in-vehicle network solutions using 10BASE-T1S Single Pair Ethernet technology. This partnership focuses on enhancing electric and autonomous vehicles, aiming to streamline vehicle architecture and reduce costs while improving connectivity and efficiency.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Microchip collaborates with Hyundai to develop in-vehicle network solutions.</li><li>The focus is on 10BASE-T1S Single Pair Ethernet technology.</li><li>Target areas include electric vehicles and autonomous driving.</li><li>Technological collaboration aims to streamline vehicle architecture.</li><li>Microchip&#039;s expertise will accelerate Hyundai&#039;s vehicle connectivity advancements.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hyundai Motor Group (HMG)</strong>: Hyundai&#039;s adoption of Microchip&#039;s technology can enhance vehicle connectivity.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under corporate developments in the automotive technology sector. Partnerships in this area are critical as they shape future mobility solutions, making this collaboration particularly noteworthy for Microchip&#039;s growth strategy.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Increased demand for electric vehicles could enhance Microchip&#039;s revenue growth.</li><li>Accelerated production timelines reflect positively on Microchip&#039;s sales forecast.</li><li>Improved technological adoption may lead to expanded customer base in automotive industry.</li><li>Growth in ADAS features can boost Microchip’s market share significantly.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Microchip collaborates with Hyundai to develop 10BASE-T1S solutions.</li><li>Target applications include electric and autonomous vehicles.</li><li>Single Pair Ethernet technology simplifies vehicle network architectures.</li><li>Collaboration includes technical support and early product samples.</li><li>This partnership supports the demand for higher efficiency and reliability.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>MCHP is a buy given the partnership&#039;s potential to accelerate growth in a pivotal automotive technology sector within the next 6-12 months.</p>
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    <h2>Microchip Technology Partners with Hyundai Motor Group for Advanced In-Vehicle Networking Solutions</h2>
    <p>CHANDLER, Ariz., Feb. 5, 2026 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) has announced a strategic collaboration with Hyundai Motor Group (HMG) to explore the adoption of <strong>10BASE-T1S Single Pair Ethernet (SPE)</strong> technology. This partnership aims to advance the development of efficient, reliable, and scalable automotive architectures that cater to the evolving requirements of future mobility. Through this initiative, both companies seek to enhance connected vehicle capabilities, especially in the rapidly growing sectors of electric vehicles and autonomous driving.</p>

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        <h3>Significance of 10BASE-T1S Technology in Automotive Applications</h3>
        <p>The automotive landscape is witnessing a significant shift with the rise of Advanced Driver-Assistance Systems (ADAS) and connected vehicle innovations. These advancements underscore the urgent need for robust, high-performance in-vehicle networks. <strong>Single Pair Ethernet</strong> serves as a foundational technology that enables seamless connectivity across various automotive systems. By eliminating the need for bridging between multiple standard and proprietary communication buses, SPE simplifies wiring, reduces system costs, and facilitates network integration.</p>
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    <section>
        <h3>Collaboration Details and Future Prospects</h3>
        <p>As part of this collaboration, Hyundai Motor Group will integrate Microchip’s <strong>10BASE-T1S solutions</strong> into its future vehicle platforms. This cooperation encompasses critical areas such as electric vehicles, autonomous driving, and smart mobility. Microchip’s offerings will also provide Hyundai with technical support and early access to product samples, accelerating their time to market while optimizing system performance.</p>

        <p>“As the automotive industry transitions to software-defined vehicles, the demand for high-performance and scalable in-vehicle networks has never been more critical,” stated Matthias Kaestner, Corporate Vice President of Microchip’s automotive, data center, and networking business. “Our extensive portfolio of Single Pair Ethernet hardware and software solutions allows customers to mitigate cost, risk, and time to market. The collaboration with Hyundai will enhance next-generation in-vehicle network systems to meet future mobility challenges,” he added.</p>
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        <h3>Hyundai's View on the Partnership</h3>
        <p>The Hyundai Motor Group highlighted the significance of this partnership, emphasizing their intent to leverage Microchip's expertise in Ethernet technology. “Partnering with Microchip enables us to advance next-generation vehicle connectivity,” the group stated. “HMG is committed to accelerating the adoption of 10BASE-T1S technology, propelling the development of the next generation of intelligent, connected vehicles.”</p>
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        <h3>Technical Advantages of 10BASE-T1S Technology</h3>
        <p>The <strong>10BASE-T1S technology</strong> facilitates multi-drop Ethernet communication over a single twisted pair. This innovation extends in-vehicle networking capabilities, connecting devices, actuators, and sensors with enhanced efficiency and cost-effectiveness.</p>
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        <h3>About Microchip Technology</h3>
        <p>Microchip Technology Inc. is a leading semiconductor provider dedicated to simplifying innovative design through comprehensive system solutions that tackle critical challenges at the intersection of evolving technologies and durable end markets. The company, headquartered in Chandler, Arizona, offers a wide array of development tools and a broad product portfolio, supporting customers from concept to completion across industrial, automotive, consumer, aerospace and defense, communications, and computing sectors.</p>
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        <p>For more information on Microchip’s <strong>Single Pair Ethernet solutions</strong>, visit <a href="http://www.microchip.com">Microchip’s website</a>.</p>
        <p>Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.</p>
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Microchip Technology has entered a collaboration with Hyundai Motor Group to develop advanced in-vehicle network solutions using 10BASE-T1S Single Pair Ethernet technology. This partnership focuses on enhancing electric and autonomous vehicles, aiming to streamline vehicle architecture and reduce costs while improving connectivity and efficiency.

Microchip Technology and Hyundai Motor Group Collaborate to Explore 10BASE-T1S Single Pair Ethernet for Future Automotive Connectivity

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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