APTV: Spinning off EDS, Aptiv targets high-growth intelligent systems and non-auto markets
Aptiv (APTV) is divesting its EDS business to concentrate on developing intelligent systems and interconnects. This strategic move aims to achieve higher growth and better margins within both the automotive and non-automotive sectors. The company's strategy is supported by strong bookings, an expanding presence in the APAC region, robust software growth, and disciplined mergers and acquisitions.
https://www.tradingview.com/news/urn:summary_document_transcript:quartr.com:2864804:0-aptv-spinning-off-eds-aptiv-targets-high-growth-intelligent-systems-and-non-auto-markets/