Smart Eye Receives Three Additional Driver Monitoring System Design Wins with Korean Car Manufacturer
April 19, 2022 | Smart EyeEstimated reading time: 1 minute
Smart Eye, the leading developer of DMS software to the automotive industry, will deliver its AI-based technology to three new car models with a global Korean car manufacturer. The customer has previously chosen Smart Eye’s DMS software for implementation in 16 of its earlier car models, and is now extending the technology to several additional models.
The new car models including Smart Eye’s technology are estimated to go into production already in the first half of 2023. The estimated revenue for the order is SEK 50 million, based on product life cycle volume projections.
”We are pleased to have yet another customer demonstrating their confidence in our capability to deliver the market leading solution for these critical safety systems”, said Martin Krantz, CEO and Founder of Smart Eye. “It is only natural for Smart Eye to keep extending our technology to additional car models with our existing customers. Over the last few years, we have seen how one OEM after another have trusted us to deliver DMS to new car models on existing platforms, and we expect this development to continue in the years to come.”
Smart Eye has now received a total of 93 design wins from 14 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 2,375 million. Estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms is now SEK 4,425 million.
Suggested Items
IDTechEx Explores the Role of 3D Cu-Cu Hybrid Bonding in Powering Future HPC and AI Products
04/18/2024 | PRNewswireSemiconductor packaging has evolved from traditional 1D PCB levels to cutting-edge 3D hybrid bonding at the wafer level, achieving interconnecting pitches as small as single micrometers and over 1000 GB/s bandwidth. Key parameters, including Power, Performance, Area, and Cost, are crucial considerations
Intel Brings AI-Platform Innovation to Life at the Olympic Games
04/18/2024 | BUSINESS WIREIntel announced its plans for the Olympic and Paralympic Games Paris 2024. Bringing AI Everywhere, Intel will implement artificial intelligence technology powered by Intel processors on the world’s biggest stage.
Adura Solutions Exhibits at Del Mar 2024
04/18/2024 | Adura SolutionsSumit Tomar, CEO of Adura Solutions, has announced that his company will be exhibiting at this year's Del Mar Electronics and Manufacturing Show to be held at the Del Mar Fairgrounds, San Diego, California, April 24-25.
Australian Flow Batteries and The SCHMID Group Announce Groundbreaking Memorandum of Understanding
04/17/2024 | SCHMID GroupAustralian Flow Batteries Pty Ltd (AFB), a leader in innovative energy solutions and economical, safe, and reliable power storage, and SCHMID Energy Systems GmbH a company of the German SCHMID Group, a global technology leader with a rich history in delivering innovative solutions across multiple industries including Electronics, Renewables, and Energy Storage sectors, are thrilled to announce the signing of a Memorandum of Understanding (MoU)
Ansys Joins BAE Systems’ Mission Advantage Program to Advance Digital Engineering Across US Department of Defense
04/16/2024 | ANSYSAnsys announced it is working with BAE Systems, Inc., to accelerate the adoption of digital engineering and MBSE across the Department of Defense (DoD).